Canon delivers two Japanese LED lithography deals for Obducat

One is for the supply of a semi-automatic Sindre production system to be used in the manufacture of LED components, and the other for a development system within the display area. Both systems will be delivered during the third quarter of 2008. The total value of the orders to the end customers is about SEK 10 million ($1.7 million).

The end customers are both major international companies with head offices located in Japan, which cannot be disclosed for competition reasons.

The Sindre deal also entails agreed prices on expendable items, and sales of these are expected to generate further sales at the end customer in excess of SEK 10 million over the next 3-5 years. Development using the system for displays is expected to result in products for field testing already this year, and high volume manufacturing in 2009.

Patrik Lundström, CEO of Obducat, says:

"The fact that we are now cementing our position as leading provider in NIL based LED production, as well as gaining a strong foothold in the area of displays, is very positive. Both applications are within Obducat's focus areas. With regard to the display application, it is the first industrial step towards imprint solutions for larger areas, presenting a significant market potential. These two orders are the first outcome of a year of intensive collaboration between Obducat and Canon MJ. Both deals will now be vital endorsements for further activities in Japan."

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