Conceptronic reaches distribution agreement with MYDATA Japan K.K

Business Wire, Jan 12, 1996

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Jan. 12, 1996--Conceptronic Inc., (NASDAQ: CNCP) and MYDATA Japan K.K. have reached a distribution agreement in which MYDATA will market and sell Conceptronic SMT forced convection reflow soldering systems throughout Japan.

MYDATA will handle all sales, installation, training and service activities. The agreement will be formally "kicked-off" in January of 1996 at the InterNepcon trade conference in Tokyo, Japan.

MYDATA Japan K.K., is based in Tokyo, Japan and is a subsidiary of MYDATA Automation AB (based in Sweden). MYDATA is recognized as a major worldwide manufacturer of flexible, mid-range robotic component placement systems for the electronic SMT circuit assembly industry.

Stated Conceptronic Director of Marketing/Product Development, Stephen Dow, "We are excited to be working with MYDATA. They are a respected name in the industry. Like Conceptronic, they manufacture dependable, high-performance equipment for the demanding SMT production environment. We look forward to the challenges involved with the establishment of a presence in the Japanese market."

Conceptronic Inc., is a leading worldwide manufacturer of highly advanced, computer-controlled capital equipment used in the electronic, SMT circuit soldering industry. Conceptronic's equipment is preferred by most of the world's largest automotive, telecommunications, aerospace, computer and contract assembly manufacturers.

CONTACT: Conceptronic Inc., Portsmouth

Stephen Dow, 603/431-6262