SIBCO LLC acquires the MIDAS Vision Systems Technology.

The MIDAS Vision Systems technology has was acquired by SIBCO LLC. The sale of the technology to SIBCO LLC allows for continued development of the MIDAS Vision Systems technology for Multi Layer Co-fired Ceramic manufacturing as well as a strong service and support to the existing MIDAS customers.

Mansfield, Mass- July 15, 2007 - MIDAS Vision Systems Inc., a leading developer of process modules for the advanced substrates and microelectronics packaging industries, announced that it has sold its technology and assets to SIBCO LLC.

"With its operating activities in Asia SIBCO LLC is better posed to serve the mostly Asian customers of MIDAS AOI systems" says Ton Schless CEO of SIBCO LLC. The sales and marketing, engineering and manufacturing teams of MIDAS Vision Systems Inc. have joined SIBCO LLC  and together we will be able to develop a new generation of AOI systems to meet the next generation of MLCC designs.

SIBCO is making a low term commitment to continue to build its expertise and influence in HTCC/LTCC components, substrates and MCM-C module  manufacturing. SIBCO LLC will continue to use the name MIDAS Vision Systems for its AOI products. 

About SIBCO LLC

SIBCO LLC designs, develops, and markets automated optical inspection systems for yield management in the production of multilayer ceramic substrates and  high-density flexible printed circuit boards, FPC. MIDAS AOI systems enable manufacturers to increase production yield and product reliability by providing highly efficient automated inspection of part features that are too small or too complex for traditional visual inspection techniques. 

In addition to its corporate headquarters in Mansfield, Massachusetts, USA, MIDAS Vision Systems also has regional sales and service offices located in North America, Asia, and Europe. For more information about MIDAS, contact Kevin Hughes, Vice President of Finance, at (508) 261-1060 ext. 104. Visit www.midasvision.com for additional product information.

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