Sagitta Forms Strategic Partnership With Moritex Corporation for Japan Distribution of Fiber Optic Process Equipment Tools

( APRIL 2004 )


HAUPPAUGE, New York, April 2004

Sagitta, the fiber optics industry's only supplier for fully automating the polish-clean and inspection of fiber optic components and connectors, today announced a strategic partnership agreement with Moritex Corporation of Japan. Effective immediately, Moritex will become the representative in Japan for Sagitta's leading-edge fiber optic process equipment.

"Sagitta is committed to first-rate customer service in this rapidly growing market, which is why we selected Moritex to represent us," said Mr. Jeff Long, Director of Sales at Sagitta. "With pressure to manufacturer lower cost products and the FTTH Japanese initiative we feel automation is the solution for enabling component manufacturers to keep production lines in Japan and not have to move them to low labor countries. And as one of the best established fiber optic agents for the Japan fiber optics and photonics industries, Moritex is the ideal partner for us, as a company that maintains a stellar reputation and strong understanding of the Japanese market, as well as the specific and special needs of customers."

“We successfully introduced the first automated high volume polishing & inspection machine, the Gemini Cx, in 2002 and this relationship will enable us to follow through with additional cells as early as this year” said Amir Chitayat, Sagitta’s CEO. He added “We are committed to becoming the leading equipment provider to the fiber optic patch cord industry and this relationship will enable us to achieve this faster and better. We are proud of the fact that Corning Cable Systems has teamed up with us, demonstrating their confidence in our ability to bring novel manufacturing solutions to the patch cord industry”

Sagitta has successfully penetrated the fiber optics component manufacturing industry, launching a new line of standard-setting process and inspection equipment. Gemini, the company's flagship product family, is first to market with an integrated process solution of polishing, cleaning, and optical inspection for fiber optic components. The Gemini-Pi services planar devices, v-groove fiber arrays, ferrule assemblies, and other critical components. The Gemini-Cx is the process solution for connectors, cable assemblies, and flex circuits. "We are quite excited to handle Sagitta products in Japan. With our expertise in fiber optics business in Japan, we are sure Gemini will help customers optimize manufacturing process of components," said Mr. Atsushi Haga, Deputy General Manager at Moritex.

About Moritex

In this era of never ending technical revolution, market requirements are in a state of continuous change causing a torrent of activity for subsequent generations. Since its establishment in 1973, Moritex has steadily expanded and grown by providing various products developed through carefully reading and reacting to the markets' messages, trends and information and listed its stock market of JASDAQ in 1997. Moritex entered the 1st section of Tokyo Stock Exchange in December, 2000. For more information about Moritex and it's products please visit the company's web site at www.moritex.com

Sagitta (www.sagitta.com)was founded in 1997 and provides advanced, high-productivity manufacturing equipment solutions to the global fiber optics and semiconductor industries. The company is headquartered in Hauppauge, New York, and maintains an engineering and manufacturing center in Kfar Saba, Israel. A core holding of patented technologies in precision automation, machine vision and sub micron polishing has led to the introduction of multiple systems into the aforementioned markets. Specific introductions include several integrated automated polishing and inspection systems for high-value fiber optic components. Already a leader in failure analysis equipment for the semiconductor and media fields, Sagitta provides an award-winning suite of sample preparation tools used for cross sectional, SEM or TEM semiconductor inspection. Sagitta is a global company with machines installed in Fortune 500 companies. For more information on Sagitta and our products please visit the company's website at www.sagitta.com, or send your inquiries to info@sagitta.com.