Data I/O and Toyo Corporation Announce New Distribution Partnership in Japan14 January 2006
REDMOND, Wash., Jan. 10 -- Data I/O(R) (Nasdaq: DAIO), the leading provider of manual and automated programming systems announced that the company has completed a multi-year distribution agreement with Toyo Corporation of Japan. Japan's Ministry of Internal Affairs and Communications (MIC) estimates the consumer and wireless electronics markets will more than double, reaching 20 trillion yen by 2010. The partnership between Data I/O and Toyo brings powerful manufacturing solutions and support to make this growth possible. "Expanding our business in Japan is a central component of our overall business in Asia," noted Fred Hume, President and CEO at Data I/O. "We are very pleased to be associated with such a well-respected and prestigious company as Toyo Corporation. We share a common interest in gaining our customers' confidence, and Toyo's technical and applications staff helps provide us with that opportunity." Data I/O programming solutions enable manufacturers to achieve high quality results in volume production of consumer electronics, wireless devices, and automotive electronics assemblies. Data I/O solutions program flash memory, microcontroller and DSP devices from leading device manufacturers such as Fujitsu, Samsung, Toshiba, Renesas, Microchip Technologies, TI, and others. "Data I/O's programming solutions fit well with Toyo's leading edge portfolio," noted Koichiro Fukumoto, President and CEO at Toyo. "We believe Data I/O's commitment to quality and automated programming solutions provide significant value and is the best strategy for Japanese producers of electronic products." As a full solutions provider, Toyo will provide system installation, service, and device support updates for all users of Data I/O programming systems in Japan. About Toyo Corporation Since its founding in 1953, Toyo Corporation has aspired to be the "Technology Interface," the link between the world and Japan through technology. Focus has always been on world class, leading edge technology, particularly in the field of electronic measuring equipment. Toyo currently serves as the exclusive representative for more than 100 excellent overseas manufacturers. With our incomparable sales ability supported by our high-level technology, we have established a position in East Asia, which no other company has been able to rival. All sales staff have solid backgrounds in engineering and maintain close working relationships with our customers. And our Electro-Technical Center with a staff of more than 90 technical professionals completes the picture and provides a thorough support system enabling us to confidently say that we are indeed the "Technology Interface" between manufacturers and users. About Data I/O With more than 32 years of innovative leadership in the device programming industry, Data I/O Corporation(R) (Nasdaq: DAIO) provides manual and automated device programming systems that specifically address the requirements of engineering and manufacturing operations. FlashCORE(TM) is the architecture behind a family of Flash programmers that deliver the highest throughput and lowest cost per programmed device. For Flash, microcontroller and logic device support, the MultiSyte and UniFam programmers provide universal support and versatility to address a wide variety of programming needs. Data I/O Corporation is headquartered in Redmond, Washington, and has sales and service offices worldwide. For more information, see http://www.dataio.com or call 800-426-1045. Forward-looking Statements All company and product names mentioned may be trademarks or registered trademarks of their respective holders and are used for identification purposes only. The matters discussed in this news release include forward- looking statements that are subject to risks and uncertainties that may cause actual results to vary significantly. These risks include market and competitive factors, and other risks described in the Company's most recent annual report and/or in any of its other filings with the Securities and Exchange Commission. The Company assumes no obligation to update the information in this release. Reference to the Company's website above does not constitute incorporation of any of the information thereon into this press release.
Source: prnewswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
Related Articles
|