Palomar Technologies Signs Asian Distributors

VISTA, Calif., April 17 -- Palomar Technologies Inc., a manufacturer of automated, high-precision assembly systems, announced it has made agreements with several companies to sell its assembly automation products and process development services in Asia.

Autron Corp. Ltd., a supplier of assembly equipment and services to the electronics industry, will offer Palomar's equipment and process solutions to its expanding optoelectronics customer base in Malaysia, Thailand, Taiwan and China. The group owns more than 30 sales and service centers in Singapore, Malaysia, Thailand, Philippines, Australia, Taiwan, Hong Kong and China. Palomar's representatives in China also include Dymek Asia and ETSC Tech. Globaltech Corp. will represent Palomar in the Philippines, with Qualmax Inc. in South Korea and Marubun Corp. in Japan.

"Asia will continue to be an emerging and rapidly growing player in global optoelectronics assembly," said Wai Seng, director of Palomar Technologies (S.E. Asia) Pte. Ltd., a subsidiary of Palomar Technologies Inc.

For more information, visit: www.palomartechnologies.com