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CoreFlow Ltd. and Nagase Group sign a distribution agreement for the FPD and Semiconductor Markets

Yoqneam, Israel and Tokyo, Japan – April 17, 2006 - CoreFlow Ltd. (CoreFlow), a privately-held manufacturer of aeromechanical subsystems for the Semiconductor and Flat Panel Display (FPD) industries, and Nagase & Co., Ltd. (collectively Nagase), a publicly-owned technology oriented marketing company (listed on Tokyo Stock Exchange Section 1), have signed an exclusive distribution agreement for CoreFlow’s systems in Asia Pacific. Under this agreement, Nagase will handle all sales, marketing and customer support activities of CoreFlow systems in the region, for the FPD and Semiconductor industries.

CoreFlow technologies enable glass substrates for TFT production to be accurately gripped, positioned, flattened, and moved by handling platforms – all with minimal contact. This enables improvements in a wide range of photo, chemical and plasma processes for TFT production. CoreFlow technologies can be seamlessly scaled to support glass substrates of any size generation, delivering significant advantages in TFT LCD production. CoreFlow subsystems are implemented in hundreds of systems worldwide. The technologies can be applied to a variety of other industries such as chemical and metal film production and printing industries.

Mr. Horie, Kenichi, Division Manager, Communication & Imaging Systems Division at Nagase, points out: “As a first phase, we carefully select each manufacturer we choose to represent in Japan. CoreFlow systems offer our customers in the FPD industry a variety of innovative handling and conveying solutions for the ever-growing substrates. CoreFlow’s innovative solutions answer our customers’ demand to produce digital TV (DTV) on Gen 8 glass. The new concept of glass handling and conveying supports evolving design rules, minimizes contamination and electric discharge, and dramatically decrease manufacturing costs. This enables better and more effective system design and opens new opportunities for TFT LCD fabs as well as for process and inspection system manufacturers.”

Dr. Levin, CEO of CoreFlow adds: “Japan and Asia-Pacific lead the FPD industry and are important players in the semiconductors capital equipment market. Nagase has excellent presence in these markets with tight connections with leading customers and understanding of their needs. For us, Nagase is a very promising partner.”

Nagase, founded in 1832 as a Dyestuff wholesaler, has since diversified to include Chemical, Plastics, Electronics and recently Healthcare products. Today the company not only markets raw material and finished products for those industries, but has also earned a high reputation for supply related technologies, information and services. 'Creating business with intelligence and wisdom' - that's the heart of Nagase's technology oriented marketing activities. FY2005 total revenue forecast is 461 billion Yen. Nagase has 862 employees and is headquartered in Tokyo, Japan. Tokyo Stock Exchange listed number 8012.

CoreFlow develops, manufactures and markets advanced aeromechanical subsystems for the Semiconductor and Flat Panel Display (FPD) industries, and other precision manufacturing industries. A pioneer in the use of aeromechanical principles for precision substrate handling and transportation, CoreFlow was founded in 1999. Its R&D team brings together multidisciplinary experience in fluid dynamics, mechanical engineering and capital equipment development. Today, CoreFlow’s worldwide customer base includes many of the leading names in semiconductor and FPD process and testing equipment.

Visit CoreFlow and Nagase at the 16th Finetech Japan show, at Tokyo Big Site, April 19 – 21, 2006. Products are exhibited in Hall 4, booth 34-4.

Publisher Contact Information:

Coreflow Scientific Solutions
+972-4-993-5757, ext. 222

Company profile of Coreflow Scientific Solutions
Past press releases of Coreflow Scientific Solutions.


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