GSI Lumonics Inc. Wins New Orders For Memory Processing Systems

KANATA, Ontario, Jan. 4 -- GSI Lumonics Inc. said it received multiple orders in December for additional M430 WaferRepair systems from leading semiconductor producers. The total value of these orders is greater than $7 million.

"While this does not mean the downturn in the semiconductor industry has ended, our laser systems have been judged leading technology by the industry's leaders," said Charles Winston, president and CEO. "It gives us confidence that GSI Lumonics will fare well as the technology leaders continue to invest in new production tools for production of memory chips."