Japan, Hong Kong November 28th - Saki Corporation, a Japan
based leading provider of automatic optical inspection machines,
has signed a Sale and Purchase (S&P) Agreement with Schmidt
Electronics Group Limited, an Asia Pacific conglomerate of advanced
electronics and IT technology on November 18th, 2008 in Hong
Kong to acquire a certain percentage of stake in MacroScience Technology Limited (MSTL).
MSTL, a subsidiary of Schmidt Electronics Group Limited, is
a leading proprietary owner of X-Ray inspection systems, offering
products and solutions focusing on the use of X-Ray technology
for the inspection of mechanical and electronic components for
the electronics SMT industry and the general Non Destructive
Testing (NDT) industry.
The acquisition will strengthen and expand the product portfolio
of Saki Corporation to further consolidate its position as the
global leading provider of automatic inspection solutions. Both
companies, together, will meet wider customers' needs and have
a greater opportunity to reach new markets, particularly in
the area of non-destructive testing.
"We have been enjoying a large share of the automatic optical
inspection market by utilizing Intelligent Machine Vision (IMV)
robot vision technology. The X-ray inspection technology in
ball grid arrays and non-destructive means of testing that MSTL
boasts are exactly what we need to complement our existing products",
says Sakie Akiyama, Chief Executive Officer and President of
Saki Corporation. "I can see that both technologies will become
the industry's mainstream, and the completed product portfolio
can secure our position as the global top brand and get ourselves
ready to reap the new markets when the time comes."
Saki Corporation will gradually acquire a majority interest
in MSTL, while Schmidt Electronics Group Limited will retain
a minority interest. The overall management of the MSTL operations
will be taken over by Saki within a reasonable timeframe.
"Both companies see a high level of synergy in future for collaborative
R&D activities that will create a new dimension of inspection
solutions not only for current inspection and testing requirements
but also for future demands driven by highly complex and highly
integrated packaging and materials technologies for the electronics,
automotive, medical, aerospace and information technology industries.
MSTL will now be able to capitalize on the worldwide sales and
marketing network of Saki Corporation to further increase its
market presence and penetration. On the other hand, the valuable
human and knowledge assets of MSTL will play an important part
in Saki's future business growth", says Klaus Festl, Chairman
and Chief Executive Officer of Schmidt Electronics Group. "Both
companies also share the same vision in the automatic inspection
arena and I believe that the integration will be smooth and
successful."
About Saki Corporation
Established in 1994, Saki Corporation has, in a short period
of time, acquired a worldwide position in the field of automatic
visual-inspection equipment for electronic parts mounting processes
utilizing robotic vision technology. The Company has obtained
this goal guided by its corporate principal - "Challenging the
creation of new value." Drawn by this spirit, Saki has continued
to maintain stable growth over the long term with an aim to
secure the top position in the global market for its brand name
products. The company is headquartered in Tokyo, Japan with
operation around the world with 200 employees in over 10 countries.
For more information, please visit www.sakicorp.com.
About Schmidt Electronics Group Limited
Schmidt Electronics Group Limited is a leading multidisciplinary
conglomerate, which has provided integrated technology and electronics
products in Asia for over 110 years. Leveraging a well-established
brand, the Group offers a bundle of value-added products and
services to a broad and diverse base of customers, ranging from
automatic identification solutions, industrial materials, X-ray
inspection systems, prototyping and high quality manufacturing
services, to testing and production equipment for the electronics
industry. The Group is headquartered in Hong Kong and currently
operates around the world with 800 employees in over 10 countries.
For more information, please visit www.schmidtelectronics.com.
About MacroScience Technology Limited
MacroScience Technology GmbH is a technology start-up company
providing leading edge intellectual property, technology and
products in the area of X-Ray inspection. The company is now
a proprietary owner of X-Ray inspection systems, offering products
and solutions focusing on X-Ray technology for the inspection
of mechanical and electronic components for the electronics
SMT industry and the general Non Destructive Testing (NDT) industry.
For more information, please visit www.macroscience-technology.com.

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| Ms. Sakie Akiyama, CEO and President of
Saki Corporation and Mr. Ulrich M.A. Buchholtz, Board
Member and Major Shareholder of Schmidt Electronics Group
Limited, signed the S&P Agreement on 18th November
2008 in Hong Kong. |
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This S&P Agreement has created a new
dimension of inspection solutions in automatic and non-destructive
testing market. |
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| For media enquiries, please contact: |
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Hong Kong
Schmidt Electronics Group Limited
Ms. Flora Chan
Marketing Communication Division
E-mail: florachan@schmidtelectronics.com
Tel: +852 25070204
Fax: +852 25070961 |
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Japan
Saki Corporation
Ms. Akimi Takano
Corporate Planning Division
E-mail: takano.akimi@sakicorp.com
Tel: +81 3 5796 0281
Fax: +81 3 5796 0399 |
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