GSI Group Announces $7 Million Purchase Order for Mixed Signal Systems
Billerica, MA, June 22, 2006 - GSI Group Inc. (Nasdaq: GSIG) announced a multiple system purchase order in excess of $7 Million for Wafer Trim systems used in the production of mixed signal analog chips for the electronics and automotive industries. To date GSI has announced orders for shipments of Wafer Trim systems totaling over $18 million in 2006. Deliveries for this latest order are scheduled to be throughout the year.
According to Nino Federico, V.P. and General Manager for the Company's Laser Systems Group, "We are pleased to receive another order for our new M350 Wafer Trim System which was launched earlier this year. Specifically designed for higher throughput, pin-count and accuracy, this next generation technology is being quickly accepted into high volume production."
About GSI Group Inc.
GSI Group Inc. supplies precision motion control components, lasers and laser-based advanced manufacturing systems to the global medical, semiconductor, electronics, and industrial markets. GSI Group Inc.'s common shares are listed on Nasdaq. For more information on GSI Group, please visit www.gsig.com.
