Leading Manufacturing and Quality Software Provider Teams with Asia`s Top High
Tech Systems Integrator, Expanding Service and Support in Asia Pacific Region
CHARLOTTE, N.C.--(Business Wire)--
Camstar Systems, Inc., the leading provider of manufacturing and quality
software solutions for the Life Sciences, Solar and High Tech industries, today
announced that it has acquired Technology Resources Group, Asia's leading
Systems Integrator in the Semiconductor, Solar and Electronics manufacturing
industries. Headquartered in Singapore with offices in China and Malaysia,
Technology Resources Group offers expertise in manufacturing execution equipment
automation, manufacturing applications development and program management for
enterprise solution deployments.
Camstar`s acquisition of Technology Resources Group strengthens its leadership
position in the Semiconductor, Solar and Electronics markets by expanding its
services and support team in the Asia Pacific region. The move is expected to
accelerate the growth of Camstar`s comprehensive Manufacturing and Quality
Platform in the region, where multinational, Chinese and Southeast Asian
manufacturers alike focus on driving sustained growth while delivering to the
quality standards that are expected by the global marketplace.
"Technology Resources Group is a longstanding and trusted partner, and their
unwavering commitment to customer service and success mirrors our own," said
Scott Toney, Camstar President and CEO. "This acquisition is a key part of
Camstar`s strategy for dominating the manufacturing execution and quality
management markets in Asia, which continues to grow as the production
destination for global manufacturers. Also, we will be well positioned to serve
the Medical Device and Biotech industries as they expand manufacturing
operations into Asia, ensuring product quality which is so critical to the Life
Science sector."
"Technology Resources Group has significant expertise and domain knowledge that
will allow us to extend our industry-leading solutions for Solar, Semiconductor
and Electronics," said Robert Rudder, Senior Vice President of Global Sales and
Marketing for Camstar. "Our combined services and support teams will further
enhance our ability to expand our current Systems Integrator and Reseller
partner network in China, which is critical to Camstar achieving our growth
targets in the local China market."
"We are delighted and excited to join Camstar and lead their growth in the Asia
region," said Kong Eng Teck, Technology Resource Group`s founder and CEO, who
will assume the role of Managing Director, Camstar Asia. "Our mutual vision for
the region as well as our combined commitment to customers should allow us to
quickly gain market share in our industries and help facilitate the technical
development of additional partners in the region. The positive synergies between
the two organizations make this union not only a win for our companies, but more
importantly a significant win for our customers in Asia. "
"Camstar`s multiyear strategy for global expansion, as required to meet the
expectations of our global customers, is on track," continued Scott Toney. "Our
prudent management of the business has allowed us to invest heavily in R&D over
the last two and a half years while maintaining the strong financial position to
make this strategic investment. This acquisition will serve as a foundation to
support the rapid growth we expect as the economy improves, led by the economic
recovery of Asia."
About Technology Resources Group
Technology Resources Group is a premiere systems integrator strategically
focused on supplying advanced technology products and services to the
semiconductor, solar and electronics industries in Asia. Technology Resource
Group`s reputed team of domain-experts and technology consultants insure the
rapid and efficient implementation of Manufacturing Execution, Equipment
Automation and Advanced Planning/Scheduling systems throughout the region. TR
Group`s clients are among the list of top fortune 500 companies, including large
multinational corporationsAMD, Canadian Solar, Cypress and SanDisk.
www.techresgroup.com
About Camstar Systems, Inc.
Camstar is the largest innovator of software solutions that advance product
quality, including manufacturing execution, process planning, enterprise quality
management, and manufacturing intelligence. For over 25 years Camstar has served
hundreds of satisfied customers worldwide, including Abbott, AMD, Amkor,
Arcelor, Beijing SE PMC, BIOTRONIK, Boston Scientific, Canadian Solar, Emcore,
Hitachi, IBM, Johnson & Johnson, Kodak, Life Technologies, MiaSole, NXP, Pacific
Biosciences, Q-Cells, Roche, SanDisk, Xilinx and Zeiss. www.camstar.com
Camstar Systems, Inc.
Dana Saylors, 704-227-6673, dsaylors@camstar.com
Copyright Business Wire 2009
