UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
[X] Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934
For the quarterly period ended JUNE 30, 1999
or
[ ] Transition Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
For the Transition Period From __________________ to __________________
Commission file number 0-21504
QUAD SYSTEMS CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 23-2180139
------------------------------- -------------------
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
2405 MARYLAND ROAD, WILLOW GROVE, PA 19090
----------------------------------------------------
(Address of principal executive offices)
(215) 657-6202
----------------------------------------------------
(Registrant's telephone number, including area code)
Indicate by check mark whether the registrant: (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes __X__ No_____
Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.
At August 4, 1999, 4,444,072 of the registrant's Common Stock $.03 par value
were outstanding.
<PAGE>
INDEX
PART I. FINANCIAL INFORMATION PAGE NUMBER
- ----------------------------- -----------
Item 1. Financial Statements
Condensed Consolidated Balance Sheets at June 30, 1999 (Unaudited)
and September 30, 1998...........................................3
Condensed Consolidated Statements of Operations (Unaudited)
for the three and nine months ended June 30, 1999 and 1998.......4
Condensed Consolidated Statements of Cash Flows (Unaudited)
for the nine months ended June 30, 1999 and 1998.................5
Notes to Condensed Consolidated Financial Statements.....................6
Item 2. Management's Discussion and Analysis of Financial Condition
and Results of Operations.............................9
PART II. OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-K.................................15
Signature.................................................................16
2
<PAGE>
QUAD SYSTEMS CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS)
ASSETS
<TABLE>
<CAPTION>
JUNE 30, SEPTEMBER 30,
1999 1998
---- ----
(UNAUDITED)
Current assets:
<S> <C> <C>
Cash and cash equivalents $ 5,654 $ 2,116
Accounts receivable, net 10,064 15,003
Inventory 17,327 20,518
Deferred income taxes -- 3,886
Other 1,649 2,343
-------- --------
Total current assets 34,694 43,866
Equipment and leasehold improvements
at cost, less accumulated depreciation of $3,553
at June 30, 1999 and $4,960 at September 30, 1998 2,650 3,498
Deferred income taxes -- 653
Goodwill, net -- 2,594
Other assets 17 365
-------- --------
$ 37,361 $ 50,976
======== ========
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Line of credit $ 1,625 $ 8,795
Accounts payable 3,037 4,937
Accrued expenses 5,531 6,908
Customer deposits 198 509
Current portion of long-term debt 635 634
Deferred service revenue 1,233 1,220
Income taxes payable 2,303 --
-------- --------
Total current liabilities 14,562 23,003
Long-term debt, less current portion 1,285 1,761
-------- --------
Total liabilities 15,847 24,764
Stockholders' equity:
Preferred Stock, par value $.01 per share; authorized shares:
1,000,000; no shares issued at June 30, 1999 and September 30, 1998 -- --
Common Stock, par value $.03 per share; authorized shares:
15,000,000; shares issued: 4,457,980 at June 30, 1999
and 4,398,706 at September 30, 1998 134 132
Additional paid-in capital 24,829 24,719
Retained earnings (accumulated deficit) (3,196) 1,395
Accumulated other comprehensive income (loss) (77) 142
Less treasury stock, at cost, 13,908 shares (176) (176)
-------- --------
Total stockholders' equity 21,514 26,212
-------- --------
$ 37,361 $ 50,976
======== ========
</TABLE>
See accompanying notes.
3
<PAGE>
QUAD SYSTEMS CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS)
(UNAUDITED)
<TABLE>
<CAPTION>
THREE MONTHS ENDED NINE MONTHS ENDED
------------------------------- --------------------------------
JUNE 30, JUNE 30,
1999 1998 1999 1998
---- ---- ---- ----
<S> <C> <C> <C> <C>
Net sales $ 10,283 $ 17,606 $ 33,413 $ 59,164
Cost of products sold 8,203 12,617 25,720 40,260
----------- ----------- ----------- -----------
Gross profit 2,080 4,989 7,693 18,904
Operating expenses:
Engineering, research and development 1,247 1,830 3,682 5,572
Selling and marketing 2,118 3,614 6,999 11,159
Administrative and general 1,195 1,292 3,438 5,260
----------- ----------- ----------- -----------
4,560 6,736 14,119 21,991
----------- ----------- ----------- -----------
Loss from operations (2,480) (1,747) (6,426) (3,087)
Gain on sale of SMTech, Ltd. -- -- 8,375 --
Interest income (expense), net 47 (159) 98 (491)
----------- ----------- ----------- -----------
Income (loss) before income taxes (2,433) (1,906) 2,047 (3,578)
Income tax expense (benefit) -- (511) 6,638 (984)
----------- ----------- ----------- -----------
Net loss $ (2,433) $ (1,395) $ (4,591) $ (2,594)
=========== =========== =========== ===========
Net loss per share:
Basic $ (0.55) $ (0.32) $ (1.04) $ (0.60)
Diluted $ (0.55) $ (0.32) $ (1.04) $ (0.60)
Weighted average number of shares outstanding:
Basic 4,423,975 4,364,706 4,417,108 4,357,856
Diluted 4,423,975 4,364,706 4,417,108 4,357,856
</TABLE>
See accompanying notes.
4
<PAGE>
QUAD SYSTEMS CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(IN THOUSANDS)
(UNAUDITED)
<TABLE>
<CAPTION>
NINE MONTHS ENDED
----------------------
JUNE 30,
1999 1998
---- ----
OPERATING ACTIVITIES
<S> <C> <C>
Net loss $ (4,591) $ (2,594)
Adjustments to reconcile net loss to net
cash used in operating activities:
Depreciation and amortization 1,181 1,042
Provision for (recovery from) losses on accounts receivable (130) 171
Provision for (benefit from) deferred income taxes 4,539 (283)
Gain on sale of SMTech, Ltd. (5,127) --
Changes in operating assets and liabilities, net:
Accounts receivable 4,131 1,008
Inventory 946 (4,051)
Other assets 778 (221)
Accounts payable (893) 3,422
Accrued expenses (1,952) 134
Customer deposits (311) (219)
Deferred service revenue 13 255
Income taxes payable (946) (872)
-------- --------
Net cash used in operating activities (2,362) (2,208)
INVESTING ACTIVITIES
Proceeds from the sale of SMTech, Ltd. 14,050 --
Proceeds from the sale of equipment 122 --
Purchases of equipment and leasehold improvements (739) (1,093)
-------- --------
Net cash provided by (used in) investing activities 13,433 (1,093)
FINANCING ACTIVITIES
Repayments on line of credit (7,170) --
Proceeds from line of credit -- 3,280
Common Stock issued under employee benefit plans 112 266
Principal payments on long-term debt (475) (471)
-------- --------
Net cash provided by (used in) financing activities (7,533) 3,075
-------- --------
Net increase (decrease) in cash and cash equivalents 3,538 (226)
Cash and cash equivalents at beginning of period 2,116 1,981
-------- --------
Cash and cash equivalents at end of period $ 5,654 $ 1,755
======== ========
</TABLE>
See accompanying notes.
5
<PAGE>
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)
NOTE 1 BASIS OF PRESENTATION
The accompanying condensed financial statements present the consolidated
financial position, results of operations and cash flows of Quad Systems
Corporation and its wholly owned subsidiaries (the "Company") as of the dates
and for the periods indicated. All material intercompany accounts and
transactions have been eliminated in consolidation.
For ease of presentation, the Company has indicated its quarterly financial
reporting periods as ending on the last day of December, March, June and
September, whereas, in fact, the Company reports on a 52-53 week fiscal year
ending on the last Sunday in September, with quarterly period ends that may be
different than the above-indicated reporting dates.
The accompanying unaudited condensed consolidated financial statements have been
prepared in accordance with generally accepted accounting principles for interim
financial information and with the instructions to Form 10-Q and Article 10 of
Regulation S-X. Accordingly, they do not include all of the information and
footnotes required by generally accepted accounting principles for complete
financial statements. In the opinion of management, all adjustments (consisting
of normal recurring accruals) considered necessary for a fair presentation have
been included. Operating results for the three and nine months ended June 30,
1999 are not necessarily indicative of the results that may be expected for the
fiscal year ending September 30, 1999.
This quarterly report should be read in conjunction with the Company's Annual
Report on Form 10-K containing Management's Discussion and Analysis of Financial
Condition and Results of Operations, the financial statements for the fiscal
year ended September 30, 1998, together with notes thereto.
NOTE 2 INVENTORY
The components of inventory consist of the following (in thousands):
JUNE 30, SEPTEMBER 30,
1999 1998
------- -------
Raw materials $ 9,691 $ 9,429
Work in process 2,594 2,917
Finished products 5,042 8,172
------- -------
$17,327 $20,518
======= =======
NOTE 3 COMPREHENSIVE INCOME OR (LOSS)
The components of comprehensive loss consist of the following (in thousands):
<TABLE>
<CAPTION>
THREE MONTHS ENDED NINE MONTHS ENDED
-------------------- ----------------------
JUNE 30, JUNE 30,
1999 1998 1999 1998
---- ---- ---- ----
<S> <C> <C> <C> <C>
Net income $(2,433) $(1,395) $(4,591) ($2,594)
Foreign currency translation adjustment (206) 188 (219) 214
------- ------- ------- -------
Comprehensive income $(2,639) $(1,583) $(4,810) $(2,380)
======= ======= ======= =======
</TABLE>
6
<PAGE>
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(CONTINUED) (UNAUDITED)
NOTE 4 EARNINGS PER SHARE
For the three- and nine-month periods ended June 30, 1999 and 1998, the Company
reported net losses. For these periods, the effect of stock options and the
Company's employee stock purchase plan has been excluded from the sharebase used
to compute diluted loss per share, as the effect would be antidilutive.
NOTE 5 INCOME TAXES
The Company did not record an income tax benefit in the third quarter of fiscal
1999 since any benefit that could have been realized would have to be recorded
as a deferred tax asset. A deferred tax asset will be offset by a one hundred
percent valuation allowance in fiscal 1999, as the Company believes that the
realization of the deferred tax asset is uncertain. Income tax expense of
$6,638,000 for the first nine months of fiscal 1999 includes a valuation
allowance of $4,095,000 recorded against the Company's deferred income tax
assets. The Company does not expect to incur any additional tax expense or
benefit for the remainder of the fiscal year.
NOTE 6 SUPPLEMENTAL DISCLOSURES TO STATEMENTS OF CASH FLOWS
The following are supplemental disclosures to the statements of cash flows (in
thousands):
JUNE 30,
-------------------
1999 1998
---- ----
Schedule of noncash activity:
Equipment acquired under capital lease $ -- $ 80
======= ====
Cash paid (received) during the period for:
Interest $ 207 $337
======= ====
Income taxes paid (received) $(1,038) $144
======= ====
NOTE 7 SALE OF SMTECH LIMITED
During the first quarter of fiscal 1999, the Company sold substantially all of
the assets and liabilities of one of its U.K. subsidiaries, SMTech Limited
("SMTech") to Speedline Technologies, Inc. ("Speedline") for $14,800,000 in cash
paid at closing, subject to a holdback of $750,000. The Company is liable for
various representations and warranties provided to Speedline under this
agreement. The Company recorded an after-tax net gain of $5,127,000. In
connection with the sale, the Company and MPM Corporation ("MPM"), a Speedline
division entered into an agreement whereby MPM has agreed to supply the Company
on an OEM basis with the former SMTech screen printer product line. This
agreement provides, among other things, that the Company will purchase a minimum
of $7,400,000 of AVX 500 screen printers by December 31, 2000. The Company is
currently in negotiations with MPM to reduce the current $7.4 million minimum
purchase commitment. There can be no assurance, however, that the Company will
be successful in doing so.
7
<PAGE>
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(CONTINUED) (UNAUDITED)
NOTE 8 DISTRIBUTORSHIP AGREEMENT
In June 1999, the Company reached an agreement with Mirae Corporation ("Mirae")
appointing the Company as Mirae's exclusive private label distributor of Mirae
SMT placement systems throughout North and South America and Europe. The systems
consist of a series of seven high-speed SMT assembler models that are designed
to meet a wide variety of production requirements. The distribution agreement
between the Company and Mirae provides for an initial term of three years in
length, with options to extend the length of the term.
8
<PAGE>
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS
RESULTS OF OPERATIONS
For ease of presentation, the Company has indicated its quarterly financial
reporting periods as ending on the last day of December, March, June and
September; whereas, in fact, the Company reports on a 52-53 week fiscal year
ending on the last Sunday in September, with quarterly period ends that may be
different than the above-indicated reporting dates. The following table sets
forth certain financial data as a percentage of net sales for the periods
indicated:
<TABLE>
<CAPTION>
THREE MONTHS ENDED NINE MONTHS ENDED
JUNE 30, JUNE 30,
------------------- ---------------------
1999 1998 1999 1998
---- ---- ---- ----
<S> <C> <C> <C> <C>
Net sales 100.0% 100.0% 100.0% 100.0%
Gross margin 20.2 28.3 23.0 32.0
Engineering, research and 12.1 10.4 11.0 9.4
development
Selling and marketing 20.6 20.5 20.9 18.9
Administrative and general 11.6 7.3 10.3 8.8
Loss from operations (24.1) (9.9) (19.2) (5.2)
Gain on sale of SMTech, Ltd. -- -- 25.1 --
Income (loss) before income (23.7) (10.8) 6.1 (6.0)
taxes
Net loss (23.7) (7.9) (13.7) (4.4)
</TABLE>
Net sales of $10,283,000 and $33,413,000 for the third quarter and first nine
months of fiscal 1999 decreased $7,323,000 and $25,751,000, or 41.6% and 43.5%,
compared to the same periods of fiscal 1998, respectively. The following table
sets forth sales of certain product lines for the periods indicated (in
thousands):
THREE MONTHS ENDED NINE MONTHS ENDED
JUNE 30, JUNE 30,
------------------ -----------------------
1999 1998 1999 1998
---- ---- ---- ----
Assemblers $5,092 $9,358 $18,136 $34,535
Screen printers 940 4,019 3,589 10,430
Reflow ovens 420 1,036 2,056 3,435
The Company believes that the decrease in sales reflects the continuing economic
slump in the global surface mount technology ("SMT") industry. The Company
believes that demand for the Company's SMT assembly equipment has decreased as a
result of severe market downturns in the electronics industry, resulting in
increased price competition and decreased margins. The sale of SMTech at the
beginning of fiscal 1999 has also had a significant adverse impact on sales of
screen printers, although the Company realized a substantial gain on the sale.
Net sales in the third quarter increased $895,000 or 9.5%, as compared to the
second quarter of fiscal 1999. The increase resulted primarily from increased
sales of assembler accessories and spare parts. The Company believes that this
improvement in sales of assembler accessories and spare parts is a positive
indication that the SMT industry might begin to improve, although there can be
no assurance that net sales of assemblers will increase.
9
<PAGE>
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS (CONTINUED)
International sales represented approximately 55.2% and 42.8% of net sales for
the third quarter of fiscal 1999 and 1998, respectively, and 45.0% and 37.5% of
net sales for the first nine months of fiscal 1999 and 1998, respectively.
International sales increased 17.0% in the third quarter of fiscal 1999 compared
to the same period last year, excluding international sales by SMTech, while
domestic sales decreased 53.4% in the third quarter of fiscal 1999 as compared
to the same period last year. The significant decrease in domestic sales has
caused international sales as a percentage of total net sales to increase
significantly.
Prior to March 1999, the Company had an agreement (the "QSA-30 Agreement") with
Samsung Aerospace Industries, Ltd. ("Samsung") for the sale and distribution of
the QSA-30 Series of assemblers. In March 1999, Samsung notified Quad, in
connection with the expiration of the first "supply term" under the QSA-30
Agreement, that Samsung no longer would be manufacturing the QSA-30 Series,
which constituted a termination of the QSA-30 Agreement. Notwithstanding
Samsung's ceasing production of the QSA-30, the Company intends to continue to
service its existing QSA-30 Series customer base.
To replace the QSA-30 Series in the Company's product line with products with
similar functionality, the Company, in June 1999, signed a distribution
agreement with Mirae to become the exclusive private label distributor of Mirae
SMT assemblers throughout North and South America and Europe. The Company
expects to begin shipping its first Mirae products, the Meridian Series, during
the first quarter of fiscal 2000. Moreover, the Company believes that it has an
adequate supply of the QSA-30 Series to meet its customers' needs for the fourth
quarter of fiscal 1999. However, a long disruption in the supply of the Meridian
Series, or products similar to it, would adversely affect the ability of the
Company to meet its customers needs' and could have a significant adverse affect
on net sales.
The Meridian Series is a new product line currently in development by Mirae,
which is a new equipment supplier for the SMT industry. As a result, there can
be no assurance that Mirae will successfully complete development of the
Meridian Series for shipment by Quad in the first quarter of fiscal 2000 or that
the Meridian Series will meet expected performance levels, that the Company will
be successful in marketing and selling this new product line or that there will
be positive marketplace acceptance of and response to the Meridian Series. In
addition, there can be no assurance that the Mirae products will provide an
adequate replacement to the QSA-30 Series
Gross margin decreased to 20.2% from 28.3% and to 23.0% from 32.0%, compared to
the third quarter and nine months of fiscal 1999 to 1998, respectively. The
Company believes that gross margin will continue to be adversely impacted by
competitive pricing pressures, continued overcapacity within the SMT industry
and an excess supply of new SMT equipment available in the market. Gross margin
for the first nine months of fiscal 1999 and 1998 was also adversely affected by
additional inventory reserves for product obsolescence totaling $750,000 and
$1,100,000, respectively. Excluding these additional inventory reserve charges
in both periods, gross margin was 25.3% and 33.8% for the first nine months of
fiscal 1999 and 1998, respectively.
Engineering, research and development expenses decreased $583,000 or 31.9% and
$1,890,000 or 33.9% for the third quarter and first nine months of fiscal 1999,
respectively, compared to the same periods of the prior year. The decreases
reflect a combination of workforce reductions and deferral of certain
development efforts, as well as the absence of engineering, research and
development expenses from SMTech, which the Company sold in the beginning of
fiscal 1999. The Company expects that engineering, research and development
expenses will begin to increase in the fourth quarter of fiscal 1999 as the
Company increases funding for the further development of key products.
10
<PAGE>
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS (CONTINUED)
Selling and marketing expenses decreased $1,496,000 or 41.4% and $4,160,000 or
37.3% for the third quarter and first nine months of fiscal 1999, respectively,
compared to the same periods last year. The decrease is primarily as a result of
sales volume decreases of 41.6% and 43.5%, respectively, and from the absence of
selling and marketing expenses from SMTech.
Administrative and general expenses decreased $97,000 or 7.5% and $1,822,000 or
34.6% for the third quarter and first nine months of fiscal 1999, respectively,
compared to the same periods last year. For the first nine months of fiscal
1999, administrative and general expenses decreased mostly due to the absence of
one-time costs incurred in fiscal 1998, including $1.0 million for a paid-up
license of patented technology from MPM Corporation and severance costs of
$322,000 related to reductions in the workforce. The decrease in these expenses
was somewhat offset by the write off of goodwill of $411,000 recorded in the
second quarter of fiscal 1999, as management believes the carrying value of this
asset is not recoverable. The decrease in these expenses also reflects the
absence of administrative and general expenses from SMTech.
The Company did not record an income tax benefit in the third quarter of fiscal
1999 since any benefit that could have been realized would have to be recorded
as a deferred tax asset. A deferred tax asset will be offset by a one hundred
percent valuation allowance in fiscal 1999, as the Company believes that the
realization of the deferred tax asset is uncertain. Income tax expense of
$6,638,000 for the first nine months of fiscal 1999 includes a valuation
allowance of $4,095,000 recorded against the Company's deferred income tax
assets. The Company does not expect to incur any additional tax expense or
benefit for the remainder of the fiscal year.
BACKLOG
As of June 30, 1999, the Company's backlog of orders was $5,547,000, compared to
$8,784,000 as of September 30, 1998 and $7,344,000 as of June 30, 1998. Bookings
for the third quarter of fiscal 1999 were $9,657,000 as compared to bookings of
$8,682,000 in the second quarter of fiscal 1999 and $11,837,000 in the first
quarter of fiscal 1999. The following table sets forth certain backlog
information by product line for the periods indicated (in thousands):
JUNE 30,
1999 1998
---- ----
Assemblers $3,002 $3,508
Screen printers 351 1,263
Reflow ovens 61 154
The sale of SMTech at the beginning of fiscal 1999 has resulted in a significant
decrease in bookings and backlog of screen printers. The remainder of backlog
consists of other products such as assembler accessories, spare parts and
QuadCare, a service and support program covering all of the Company's products.
It has been the Company's experience that purchasers of capital equipment have
not issued purchase orders calling for delivery of products over an extended
period. Backlog therefore may not necessarily be indicative of future sales.
11
<PAGE>
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS (CONTINUED)
LIQUIDITY AND CAPITAL RESOURCES
The Company's working capital as of June 30, 1999 was $20,132,000, including
cash balances of $5,654,000. At September 30, 1998, the Company had working
capital of $20,863,000, including cash balances of $2,116,000. The cash used in
operations was mostly financed by the proceeds from the sale of SMTech. Proceeds
to date from the sale have amounted to $14,050,000. The Company used part of
these proceeds to repay its outstanding line of credit, which totaled $8,795,000
at the end of September 1998.
The Company has a revolving line of credit agreement that permits borrowings up
to a maximum of $10,000,000 and bears interest at the bank's base rate of
interest or, at the Company's option, the bank's prime rate or LIBOR plus 1.30%,
when the outstanding balance is greater than $500,000. This line of credit is
secured by a pledge by the Company's English holding company, Quad Systems
Holdings Limited, of 65% of the outstanding shares of its two wholly-owned
English subsidiaries. One of these subsidiaries, since the sale of SMTech, no
longer represents a significant asset. The Company pays a fee on the unused
portion of the line of credit. This credit agreement expires in April 2000. This
line of credit also contains various customary operating and reporting covenants
and requires maintenance of certain financial ratios. As of June 30, 1999, the
Company was in default of the minimum tangible net worth covenant but has since
obtained a waiver from the bank. As of June 30, 1999, borrowings under this line
of credit were $1,625,000. During the fourth quarter of fiscal 1999, the Company
intends to renegotiate its current revolving line of credit agreement, such
negotiations to be completed prior to the expiration of the existing facility.
The Company expects that all borrowings under the line of credit will be secured
by all or certain assets of the Company.
Although the Company believes that it may continue to incur losses in future
quarters, as a result of the industry downturn, which will negatively impact its
liquidity position, the Company believes that existing cash balances and
borrowing capacity should be sufficient to provide adequate financing for the
next year.
DISTRIBUTORSHIP AGREEMENT
In June 1999, the Company reached an agreement with Mirae Corporation ("Mirae")
appointing the Company as Mirae's exclusive private label distributor of Mirae
SMT placement systems throughout North and South America and Europe. The
systems, called the Meridian Series, consist of a series of seven high-speed SMT
assembler models that are designed to meet a wide variety of production
requirements. The distribution agreement between the Company and Mirae provides
for an initial term of three years in length, with options to extend the length
of the term.
SALE OF SMTECH LIMITED
During the first quarter of fiscal 1999, the Company sold substantially all of
the assets and liabilities of one of its U.K. subsidiaries, SMTech to Speedline
for $14,800,000 in cash paid at closing, subject to a holdback of $750,000. The
Company is liable for various representations and warranties provided to
Speedline under this agreement. The Company recorded an after-tax net gain of
$5,127,000. In connection with the sale, the Company and Speedline's MPM
division entered into an agreement whereby MPM has agreed to supply the Company
on an OEM basis with the former SMTech screen printer product line. This
agreement provides, among other things, that the Company will purchase a minimum
of $7,400,000 of AVX 500 screen printers by December 31, 2000. The Company is
currently in negotiations with MPM to reduce the current minimum purchase
commitment. There can be no assurance, however, that the Company will be
successful in doing so.
12
<PAGE>
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS (CONTINUED)
COMPONENT FEEDER SUPPLY AGREEMENT
Under a long-term supply agreement with the Company, Samsung is the Company's
sole supplier of component tape feeders, which are used in conjunction with the
Company's SMT assembler products. The supply contract is to run for a six-year
period and deliveries under the contract commenced in fiscal 1998. The Company
has notified Samsung of Samsung's non-compliance with certain supply obligations
under the agreement. Samsung has denied the allegations of non-compliance and
disputes the Company's position on these issues. The parties have entered into
discussions in an attempt to come to a mutually acceptable resolution to this
matter, although there can be no assurance that such discussions will be settled
without arbitration. A disruption of the supply of component tape feeders could
adversely affect the ability of the Company to meet its customer's needs. If
Samsung were to stop supplying the Company with component tape feeders, the
Company has the right to resume manufacturing and use alternative suppliers. The
Company maintains an inventory of component tape feeders that it believes will
sustain the business during such a transition, if any.
In addition to the component feeder supply agreement, the Company and Samsung
have been involved in other product development programs. The parties are
currently in disagreement with respect to several issues regarding these
programs as well, the resolution of which remains uncertain.
YEAR 2000
The Company has developed plans to address the possible exposures related to the
impact on its computer systems of the Year 2000. Key financial, informational,
and operational systems, including equipment with embedded microprocessors, have
been inventoried and assessed, and detailed plans are in place for the required
systems modifications or replacements. Progress against these plans is monitored
and reported to management and to the Audit Committee of the Board of Directors
on a periodic basis.
In January 1999, the Company successfully replaced its existing business and
accounting system in the Willow Grove manufacturing facility with an
enterprise-wide business system that is certified by the supplier to be Year
2000 compliant. Year-to-date spending on this management information system
upgrade has totaled approximately $145,000. Internal staffing costs and
re-engineering costs, if any, associated with this system implementation project
are being expensed as incurred. Required Year 2000 readiness changes to the
business and accounting systems at the Willow Grove headquarters were completed
in June 1999. The Company believes that this business unit is now fully Y2K
compliant. Additional Year 2000 expenditures for all other business and
accounting systems are not expected to exceed $150,000.
The Company's key suppliers have been queried as to their Year 2000
preparedness. Approximately 99% of key suppliers have answered affirmatively as
to Year 2000 readiness. Risk assessment for each of the remaining suppliers is
ongoing. In addition, the Company has conducted an evaluation of the operating
software used in the Company's products for possible Year 2000 issues. In the
single case where this evaluation discovered a Year 2000 deficiency, a project
has been started to address this deficiency. The cost of this project is not
expected to exceed $5,000. The Company does not believe that the operation of
recently manufactured equipment sold to customers will be affected by the
transition to the Year 2000.
Accordingly, the Company does not currently anticipate any material disruption
in its business operations as a consequence of the Year 2000 issue.
13
<PAGE>
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS (CONTINUED)
The Company's risk management program includes emergency backup and recovery
procedures to be followed in the event of failure of a business-critical system.
These procedures will be expanded to include specific procedures for potential
Year 2000 issues. Contingency plans to protect the business from Year
2000-related interruptions have been developed. These plans are anticipated to
be completed by August 1999 and will include, for example, development of backup
procedures, identification of alternate suppliers and possible increases in
safety inventory levels.
FORWARD-LOOKING STATEMENTS
The discussions above regarding the Company's expectations of future sales and
bookings, gross margins, operating expenses, the success of a distribution
arrangement with Mirae, renegotiating the supply agreement with Speedline,
renegotiations of the current revolving line of credit agreement, Year 2000
compliance and the outlook for the SMT and APT industries include certain
forward-looking statements on these subjects. As such, actual results may vary
materially from such expectations. Among the meaningful factors that may affect
the realization of such expectations are variations in the level of order
bookings, which can be affected by general economic conditions and growth rates
for the SMT and APT industries and the intensity of competition, failure to
negotiate a renewal of the revolving line of credit agreement or negotiate terms
not as favorable to the Company as currently expected, marketplace acceptance of
and response to the new Mirae product line, product development delays,
performance problems or the ability to meet expected performance levels of Mirae
SMT assemblers, success in marketing and selling the new Meridian Series, timing
of future product releases, product development delays or performance problems
or difficulties in penetrating the APT market, difficulties or delays in
software functionality and performance, the timing of future software releases,
failure to respond adequately either to changes in technology or to customer
preferences, failures in the source of supply for tape feeders, assemblers or
screen printers manufactured by a third party, the timely resolution of the Year
2000 issue by the Company and its customers and suppliers, failure to
successfully defend itself against the patent infringement litigation, foreign
exchange rate fluctuations, risks of nonpayment of accounts receivable or
changes in forecasted costs, including unexpected required additional
engineering costs.
14
<PAGE>
PART II. OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-K.
(a) Exhibits
10.1 Distributorship agreement dated June 1, 1999 between the
Company and Mirae Corporation relating to the distribution of
SMT assemblers (portions redacted pursuant to application to
SEC for confidential treatment).
(b) Reports on Form 8-K
The Company did not file any reports on Form 8-K during the
period covered by this report.
15
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
QUAD SYSTEMS CORPORATION
Date: August 6, 1999 By: /s/ ANTHONY R. DRURY
---------------------------------
Anthony R. Drury
Senior Vice President, Finance
and Chief Financial Officer
16
EXHIBIT 10.1
DISTRIBUTION AGREEMENT
Dated as of 1 June, 1999
by and between
QUAD'sYSTEMS CORPORATION
And
MIRAE CORPORATION
<PAGE>
QUAD - Mirae Distribution Agreement
TABLE OF CONTENTS
Section Contents Page
- ------- -------- ----
1 APPOINTMENT OF QUAD AS MIRAE'S DISTRIBUTOR; ADDITIONAL LICENSES. 3
2 PRODUCT PRICING 3
3 ORDERS, DELIVERY, ACCEPTANCE & PAYMENT TERMS 4
4 TERM 6
5 FIRST RIGHT OF DISTRIBUTION 6
6 QUAD'S ADDITIONAL RIGHTS AND OBLIGATIONS 7
7 MIRAE'S ADDITIONAL RIGHTS AND OBLIGATIONS 9
8 WARRANTIES; COMPLAINTS; RETURN OF PRODUCTS 14
9 TERMINATION, REMEDIES, AND EVENTS FOLLOWING TERMINATION 15
10 INSURANCE 17
11 FORCE MAJEURE 18
12 REPRESENTATIONS AND WARRANTIES 18
13 ALTERNATE DISPUTE RESOLUTION 19
14 CONSENT TO JURISDICTION, SERVICE, AND VENUE 21
15 MISCELLANEOUS 21
16 DEFINED TERMS 23
SCHEDULE 1 - PRODUCTS
SCHEDULE 2 - PRODUCT PRICING
SCHEDULE 3 - QUAD's INITIAL FORECAST
SCHEDULE 3.3 - EXAMPLE OF PURCHASE ORDER REQUIREMENT
SCHEDULE 5 - MIRAE's PRODUCT SPECIFICATIONS
SCHEDULE 6 - MIRAE's SPARE PARTS PRICES AND LEAD-TIMES
SCHEDULE 7 - MIRAE's INDENTED COSTED BILL OF MATERIAL
SCHEDULE 8 - MIRAE's ACCESSORIES PRICES AND LEAD-TIMES
<PAGE>
DISTRIBUTION AGREEMENT
- ------------------------------------------------------------------------------
THIS DISTRIBUTION AGREEMENT (this "Agreement") is made as of this 1st day
of June, 1999, by and between QUAD'systems Corporation, a Delaware corporation
having its principal offices located at 2405 Maryland Road, Willow Grove, PA
("QUAD") and Mirae Corporation, a corporation organized and existing under the
laws of the Republic of Korea having its principal place of business at #9-2,
Cha Am-Dong, Chun An City, Chung Chong Nam-Do, 330-200 Korea ("MIRAE").
IN CONSIDERATION of the terms, conditions, mutual agreements, and covenants
contained in this Agreement, and for other good and valuable consideration, the
parties to this Agreement, intending to be legally bound, agree as follows:
1. APPOINTMENT OF QUAD AS MIRAE'S DISTRIBUTOR; ADDITIONAL DISTRIBUTOR;
ADDITIONAL LICENSES.
1.1 MIRAE appoints QUAD as MIRAE's exclusive distributor in North America,
South America, Europe, Africa, Israel and Turkey (the "Territory") of
the Products set forth on Schedule 1 Agreement), under the terms and
conditions of this Agreement, and QUAD hereby accepts such
appointment.
1.2 MIRAE hereby licenses to QUAD all of its Intellectual Property
underlying the Products (i) to the extent necessary to use, market,
sell, service and distribute the Products under this Agreement and
(ii) to the extent necessary to manufacture, or have manufactured,
spare parts in accordance with Section 7.1 (i) (19).
1.3 MIRAE may prepare its own exhibits for, and participate in, all
international shows in the Territory; provided that MIRAE makes a
clear announcement that QUAD is MIRAE's exclusive distributor of
Products in the Territory and directs all sales inquiries of the
Products to QUAD. When QUAD exhibits at such shows, QUAD will identify
that the Products are available through MIRAE representatives and
distributors in other countries not in the Territory.. QUAD will
direct sales inquiries and visitors from countries other than the
Territory to any MIRAE exhibit so that MIRAE staff can pass the sales
leads on to the appropriate distributor for follow-up.
2. PRODUCT PRICING
2.1 The initial purchase price of each Product is set forth on Schedule 2.
Prices for the Products are subject to adjustment in accordance with
this Section 2. All prices will be denominated, and payments will be
made, in U.S. dollars.
<PAGE>
2.2 MIRAE will offer all Products to QUAD at prices, terms, and conditions
no less favorable than those MIRAE offers to any of its customers or
other distributors purchasing a comparable volume of Product. If at
any time during the term of this Agreement, MIRAE enters into an
agreement (including the acceptance of any purchase order for a
comparable volume of the Product) with any customer or other
distributor at terms or prices or under conditions more favorable than
those provided to QUAD under this Agreement (the "More Favorable
Terms"), MIRAE will, within thirty (30) days of its acceptance of that
agreement, offer QUAD in writing the More Favorable Terms. QUAD will
have ten (10) days after receiving such offer to accept the More
Favorable Terms after which time the offer, if not accepted, will
terminate. Upon QUAD's acceptance of the More Favorable Terms, this
Agreement will be automatically modified to reflect the same. MIRAE
will, within ten (10) days after a written request by QUAD, provide
QUAD with a certification by MIRAE's senior executive in charge of the
SMT Assembly Equipment Business Unit that MIRAE is in compliance with
this paragraph.
2.3 QUAD and MIRAE will meet monthly ("Monthly Meeting") to discuss sales
performance, product performance relative to the Product
Specifications, market conditions and competitive position of the
Products, that is objectively analyzed in accordance with product
specifications and standards that QUAD and MIRAE mutually agree upon
(included in this analysis will be competitor's product performance,
specifications and actual market prices). During each Monthly Meeting,
QUAD will provide to MIRAE generally available market information.
2.4 Based upon the results of the Monthly Meeting, the parties will
negotiate in good faith pricing adjustments or changes to the current
Rolling Forecast (and corresponding changes to outstanding Purchase
Orders) without penality, as necessary to account for compliance or
non-compliance with the Product Specifications (including the
performance standards that are included in the Product
Specifications), changes in local market manufacturing costs, and/or
sales performance relative to market conditions in the Territory. Such
adjusted prices will become effective on the date of the mutual
agreement to adjust the prices, unless the parties mutually agree to a
later date. MIRAE will fulfill all Purchase Orders submitted by QUAD
with MIRAE prior to the effective date of the price adjustment at the
prices existing at the time the Purchase Order is submitted to MIRAE,
PROVIDED, HOWEVER, that the confirmed or alternate delivery date for
such Product specified on the Purchase Order shall be within ninety
(90) days after the effective date of the price adjustment.
<PAGE>
3. ORDERS, DELIVERY, ACCEPTANCE & PAYMENT TERMS
3.1 On the last business day (the day on which QUAD's corporate
headquarters are open for business) of each Quarterly Period during
the term of this Agreement, QUAD will provide MIRAE with a (subject to
Section 3.3 below) rolling forecast of planned purchases for each of
the Products for the following four Quarterly Periods ("Rolling
Forecast"). Each Rolling Forecast will be prepared by QUAD and will
reflect QUAD's forecasted needs of the Products based on, without
limitation, the then current and projected market conditions and
fluctuations, the then current and projected prices of the Products
and QUAD's business plan. Consequently, each Rolling Forecast may
contain forecasted Product purchases substantially greater or
substantially less than the prior forecast. Notwithstanding the above,
the number of units forecast for the first Quarterly Period of each
Rolling Forecast shall be equal to or greater than fifty (50%) of the
total number of units forecast for the second Quarterly Period in the
immediately preceding Rolling Forecast. In determining this
requirement, fractional units shall be rounded up to the next integer.
3.2 QUAD will place orders for Products by submitting to MIRAE written
purchase orders (each a "Purchase Order"). To the extent any term or
condition in any Purchase Order conflicts with any term or condition
of this Agreement, the terms and conditions of this Agreement will
control. Subject to Section 3.7, all Purchase Orders will specify the
shipping destination (which MIRAE acknowledges may be QUAD's
facilities or other location), and the required delivery date. Within
five (5) working days of receiving the Purchase Order, MIRAE shall
either (i) confirm the delivery date or dates specified on the
Purchase Order or (ii) provide QUAD with an alternate delivery
date(s). No Purchase Order will be binding until both parties confirm
a delivery date(s). MIRAE will use its best efforts to ensure that the
ordered Product will be delivered on the confirmed delivery date.
MIRAE will notify QUAD within ten (10) days of the confirmed delivery
date if MIRAE believes it will not meet the confirmed delivery date
and will provide an alternate delivery date. In this case, QUAD will
have the right to cancel such Purchase Order, without incurring any
cancellation penalties. All such Purchase Orders shall be counted
towards any minimum purchase requirements, notwithstanding the
cancellation of the Purchase Order.
3.3 Within seven days following the beginning of each Quarterly Period,
QUAD'shall place Purchase Orders for Products equaling the total
number of units contained in the Rolling Forecast for such Quarterly
Period. (as shown in the example set forth on Schedule 3.3).
<PAGE>
3.4 After confirmation of the shipping date of each Purchase Order by
MIRAE, and within ten (10) business days of the anticipated ship dates
QUAD will open a Letter of Credit to cover the purchase price of the
Products. QUAD will authorize payment of the Letter of Credit promptly
upon completion of a Quality Inspection at QUAD and QUAD's acceptance
of the Products by delivering to MIRAE a certificate executed by an
officer of QUAD authorizing the release of the funds under the Letter
of Credit. In no event shall the acceptance of the Products by Quad or
the delivery of the certificate result in the waiver of further claims
or complaints (including any breach of MIRAE's warranty obligations
under this Agreement), including those claims or complaints asserted
by or in favor of a Person not a party to this Agreement, including
any Customer. Provided all payments are made timely and in accordance
with this Section for a period of six (6) consecutive months and all
Products delivered to QUAD have passed the Quality Inspection for a
period of time acceptable to QUAD, all payments for Products will be
made within thirty (30) days of the invoice date by wire transfer in
U.S. Dollars to the account designated in writing by MIRAE from time
to time. Products will be invoiced when delivered to QUAD. QUAD will
be granted a one percent (1%) discount on invoices paid within ten
(10) days of delivery to QUAD. All discounts will be credited to
QUAD's account and applied to future purchases.
3.5 All Products will be shipped, in QUAD approved packing, F.O.B.Korea
(as defined in INCOTERMS, 1990) in accordance with the shipping
instructions specified in Purchase Order or otherwise specified by
QUAD in writing at least ten (10) days before the scheduled shipping
date.
3.6 For each year during the term of this Agreement after the first year
of the Initial Term, MIRAE will provide demonstration units of the
Products for QUAD's use in promoting sales of the Products. For such
demonstration units, QUAD's price shall be at the prices for such
Product as determined under Section 2 hereof less a discount of
*************** on such price. Payment conditions will be letter of
credit at 90 days from the shipment of the Products. The total number
of demonstration units allowed for purchase by QUAD in any year shall
not exceed the greater of *******************************************.
For a period of at least ************************* after QUAD's
receipt of a demonstration unit, QUAD'shall not sell such unit or use
such unit other than for demonstration purposes to prospective
customers or for training of QUAD's personnel or customers.
4. TERM
4.1 This Agreement will govern the distribution of Products beginning on
the date set forth in the preamble and continuing for three (3) years
until 31 May 2002 (the "Initial Term"), unless sooner terminated in
accordance with Section 9 of this Agreement.
4.2 At the end of the Initial Term, this Agreement will automatically
renew for additional one (1) year terms (each, a "Renewal Term")
unless sooner terminated in accordance with Section 9 of this
Agreement.
5. FIRST RIGHT OF DISTRIBUTION
5.1 QUAD will have the right of first refusal to be designated and
appointed the exclusive distributor in the Territory for all Surface
Mount Technology Products, Advanced Packaging Technology Products and
all Options and Accessories for the Products currently owned by or
hereinafter acquired or developed by or licensed to MIRAE
(collectively, the "Additional Products").
<PAGE>
5.2 Prior to MIRAE making any sales of Additional Products in the
Territory or permitting the sale thereof by any Third Party (whether
made directly or indirectly through agents, sales representatives,
distributors or otherwise), MIRAE will submit to QUAD Product
specifications and provide the Additional Product to QUAD to conduct a
technical due diligence review and test of the Additional Product.
QUAD'shall notify MIRAE in writing within such three (3) month period
whether QUAD wishes to exercise its right to be designated the
exclusive distributor of such Additional Products in the Territory. If
QUAD fails to give MIRAE timely notice of QUAD's election to exercise
its right to be designated the exclusive distributor granted in
Section 5.1 above, MIRAE may proceed to sell the Additional Products
in the Territory, without violating the terms hereof, PROVIDED,
HOWEVER, that MIRAE shall not enter into a Third Party agreement under
terms which are more favorable to the Third Party than offered to
Quad.
5.3 This Agreement shall govern the distribution by QUAD of any Additional
Product, except to the extent otherwise amended by the parties in
writing; PROVIDED, HOWEVER, that the purchase price for each
Additional Product distributed hereunder will be mutually determined
by the parties through good faith negotiations. All references in this
Agreement to "Products," unless otherwise agreed in writing by the
parties, shall include any Additional Product.
6. QUAD'S ADDITIONAL RIGHTS AND OBLIGATIONS
6.1 QUAD may, at any time and from time to time, in its sole discretion:
(a) Distribute, market, sell and service Products using its own name,
trademark, logo or the like.
(b) Conduct its business and perform its obligations under this
Agreement in any lawful manner consistent with the provisions of
this Agreement.
6.2 QUAD'shall, at all times:
(a) Establish at its sole discretion, prices, including any discounts
or allowances, and payment terms for the sales of the Products to
its customers.
<PAGE>
(b) Not distribute or sell any competitive products for any Third
Party supplier except for certain products (tape feeders, spare
parts and limited numbers of QSA-60 placement systems) f rom
Samsung or its related companies which QUAD determines in good
faith that it is legally or contractually required to distribute
under the agreements set forth in the separate form of written
documents. For the purposes of this Section 6.2 (b), "competitive
products" means products that are similar to and/or competitive
with the Products and might be purchased by customers for
substantially the same end use as the Products. Notwithstanding
the above, QUAD'shall maintain the right to develop, manufacture,
have manufactured, distribute or sell and service any or all of
its own products, whether or not now existing or subsequently
developed and to provide service for products from Samsung which
QUAD determines in good faith that it is legally or contractually
required to distribute under agreements set forth in the separate
form of written documents.
(c) Exert its reasonable efforts to sell and distribute the Products.
(d) Recruit, train, develop, and maintain sales, customer service,
and delivery employees in reasonably adequate numbers necessary
for QUAD to comply with its obligations under this Agreement.
(e) Report promptly to MIRAE any information received concerning
possible infringement of the Intellectual Property rights or
unfair competition of any Third Party with the Products or MIRAE
that may come to QUAD's attention.
(f) Indemnify, defend, and hold MIRAE, its officers, directors,
employees, successors, and assigns harmless against all losses,
damages, or expenses of whatever form or nature, including
reasonable attorneys' fees and other costs of legal defense,
whether direct or indirect, that they, or any of them, may
sustain or incur as a result of any acts or omissions of QUAD or
any of its directors, officers, employees, or agents, but only
due to (i) breach of any of the provisions of this Agreement,
(ii) gross negligence or other willful misconduct in the
performance of its duties hereunder, not otherwise permitted by
this Agreement, or (iii) violation by QUAD or any of its
directors, officers, employees, or agents of any applicable
material law, regulation, or order in the United States
pertaining to and adversely affecting QUAD's distribution and
sale of Products to its customers; PROVIDED, HOWEVER, that the
indemnity set forth in this paragraph will not apply if (a) MIRAE
fails to notify QUAD within ten (10) days of receiving notice of
such claim or to give QUAD the opportunity to defend such claim
or (b) MIRAE, in the event QUAD chooses not to defend such claim,
fails vigorously and in good faith to defend such claim.
(g) Inform MIRAE of all legal and regulatory requirements and
ordinances of the Territory applicable to the distribution of the
Products which are known, or which become known, to QUAD.
<PAGE>
(h) During the term of this Agreement and for a period of three (3)
years thereafter, (i) hold all of MIRAE's proprietary information
and documents containing it supplied to QUAD by MIRAE related to
the Products, such as specifications, blue prints, sales and
service manuals, samples, and correspondence in trust and
confidence consistent with the manner in which QUAD holds it own
proprietary information in trust and confidence and (ii) not use
or disclose any such proprietary information except when carrying
out its duties and obligations pursuant to this Agreement and
except as required by law.
1.0 QUAD expressly agrees that any breach of paragraph (g) above
will result in irreparable harm to MIRAE and that monetary
damages would not be a sufficient remedy for any such
breach. Accordingly, in the event of a breach or threatened
breach by QUAD of paragraph (g) and in addition to any other
remedy provided herein or by law or in equity, MIRAE will be
entitled to appropriate equitable relief, including
injunctive relief and specific performance, in any court of
competent jurisdiction. In addition, MIRAE will be entitled
to receive from QUAD its costs and reasonable attorneys'
fees in connection with any successful enforcement of its
rights under this paragraph.
(i) Comply and assist MIRAE in complying with all applicable laws and
regulations pertaining to the performance of this Agreement and
the achievements of its purposes.
(j) To the extent MIRAE deems it advisable in connection with QUAD's
sales of the Products, make reasonable commercial efforts to
obtain from end user customers of the Products customary end user
license agreements with respect to any Intellectual Property
rights licensed by MIRAE to QUAD.
(k) Promptly notify MIRAE of any functional defects of the Products
including their associated software. QUAD will make reasonable
efforts to assist MIRAE to identify and define the root cause of
the functional defects. MIRAE will use its best efforts to define
and correct the root cause of all functional defects that cause
machine downtime or yield loss. MIRAE will make reasonable
efforts to fulfill QUAD requests that increase the utilization,
capability and/or productivity of the Products.
(l) QUAD will not solicit or make any other attempt to hire present
or former MIRAE employees for a period of one year after
termination of this agreement or one year after termination of
the employee's employment whichever is greater.
<PAGE>
7.0 MIRAE'S ADDITIONAL RIGHTS AND OBLIGATIONS
7.1 MIRAE shall, at all times:
(a) Exert its best efforts to sell and deliver the Products to QUAD
in accordance with QUAD's requirements.
(b) Not market, sell or deliver, directly or indirectly except to
QUAD, any Product or any product, product revision or extension
similar to the Products (i) within the Territory or (ii) outside
the Territory to any person who MIRAE knows or has reason to know
will market, sell or deliver, directly or indirectly, any Product
within the Territory.
(c) Permit QUAD to participate in such advertising programs,
allowances, and other arrangements related to the Products as
MIRAE makes available to its distributors of any other products
during the term of this Agreement.
(d) Indemnify, defend, and hold QUAD, its officers, directors,
employees, successors, and assigns harmless against all losses,
damages, or expenses of whatever form or nature, including
reasonable attorneys' fees and other costs of legal defense,
whether direct or indirect, that they, or any of them, may
sustain or incur as a result of any acts or omissions of MIRAE or
any of its directors, officers, employees, or agents, but only
due to (i) breach of any of the provisions of this Agreement,
(ii) gross negligence or other willful misconduct in the
performance of its duties hereunder, not otherwise permitted by
this Agreement, (iii) violation by MIRAE or any of its directors,
officers, employees, or agents of any applicable material law,
regulation, or order in the United States or any other territory
in which MIRAE sells the product, or (iv) any infringement or
contravention of any patent, trademark, or other proprietary
right of others arising from QUAD's purchase, resale and
distribution of the Products in accordance with the terms of this
Agreement, or (v) claims that Products sold by MIRAE to QUAD or
by QUAD to end users after receipt thereof from MIRAE were
defective; PROVIDED, HOWEVER, that the indemnity set forth in
this paragraph will not apply if (a) QUAD fails to notify MIRAE
within ten (10) days of receiving notice of such claim or to give
MIRAE the opportunity to defend such claim or (b) QUAD, in the
event MIRAE chooses not to defend such claim, fails vigorously
and in good faith to defend such claim.
(e) Not sell any Product to QUAD that MIRAE knows or has reason to
believe is defective.
<PAGE>
(f) Comply and assist QUAD in complying with all applicable laws and
regulations pertaining to the performance of this Agreement and
the achievements of its purposes.
(g) Provide QUAD with one-hundred-eighty (180) days written notice
prior to discontinuing the manufacture and/or sale of any Product
and permit QUAD to return to MIRAE within ninety (90) days of
receipt of such notice any Product without damage previously
purchased but not sold by QUAD under this Agreement. All such
returns will be for a credit or exchange, at QUAD's sole option,
and will not be subject to any penalties, charges, or restocking
fees. In addition the Initial Forecast shall be modified to
exclude the quantities of the Product from the seventy percent
requirement under Section 9.6.and the current forecast shall be
amended to remove the Product.
(h) During the term of this Agreement and for a period of three (3)
years thereafter, (i) hold all of QUAD's proprietary information
and documents containing it supplied to MIRAE by QUAD related to
such Product, such as customer lists, marketing plans, and
correspondence in trust and confidence consistent with the manner
in which MIRAE holds it own proprietary information in trust and
confidence and (ii) not use or disclose any such proprietary
information except when carrying out its duties and obligations
pursuant to this Agreement and except as required by law.
1.0 MIRAE expressly agrees that any breach of paragraph (h)
above will result in irreparable harm to QUAD and that
monetary damages would not be a sufficient remedy for any
such breach. Accordingly, in the event of a breach or
threatened breach by MIRAE of paragraph (h) above and in
addition to any other remedy provided herein or by law or in
equity, QUAD will be entitled to appropriate equitable
relief, including injunctive relief and specific
performance, in any court of competent jurisdiction. In
addition, QUAD will be entitled to receive from MIRAE its
costs and reasonable attorneys' fees in connection with any
successful enforcement of its rights under this
subparagraph.
(i) Provide QUAD with the following Product and technical service
support.
1.0 Unlimited Product phone support by means of a dedicated
phone line twenty four (24) hours a day to assist QUAD in
carrying out its duties under this Agreement.
2.0 At times and places mutually agreed by QUAD and MIRAE, MIRAE
will provide at least four (4) weeks per year free training
to QUAD associates as required for QUAD's expert performance
of field service, application assistance and customer
training. In this event QUAD'shall be obligated to pay only
QUAD associates' travel and living expenses. However, QUAD
may request MIRAE to provide additional training in addition
to the four (4) weeks per year at MIRAEs facilities in Korea
or each of QUAD's Willow Grove or High Wycombe facilities.
In this event QUAD'shall pay only MIRAE associates' travel
and living expenses.
3.0 MIRAE will provide QUAD with complete documentation for all
Products in electronic form for all use, operation,
programming and maintenance manuals. The maintenance manual
will recommend the spare parts that should be stocked at the
machine installation site in order to minimize possible
downtime. The documentation will be updated at least
quarterly to reflect engineering change activity.
4.0 MIRAE will recommend to QUAD the stock levels of spare parts
needed to meet both warranty and after warranty demand.
[Attached hereto as Schedule 6 is a spare parts price and
lead-time list.]. Prices will be based upon ************
*******************************. Spare parts prices may be
adjusted according to Section 2.4.
<PAGE>
5.0 MIRAE will ship within twenty-four hours all requested
"machine down" spare parts when QUAD notifies MIRAE that a
"machine down" condition exists at a customer site.
6.0 MIRAE will provide QUAD a monthly report of all open
purchase orders for spare parts and accessories.
7.0 MIRAE will provide QUAD with all technical documentation
necessary to isolate faults to the field replaceable units.
Such documentation will include exploded assembly drawings,
perspective component drawings, wire lists and schematics
for all electrical and pneumatic panels, wire harnesses and
printed wiring board assemblies. QUAD will treat any
proprietary information in strict accordance with QUAD's
confidentiality obligations.
8.0 MIRAE will label each field replaceable unit with its part
number, revision level and quality inspection marks.
9.0 MIRAE will ship all items to QUAD accompanied by packing
slips both inside and on the outside of the container
showing QUAD purchase order, part numbers and quantities
shipped. All parts will be properly packaged and labeled.
Each part will be individually and permanently marked with
both QUAD's and MIRAE's part numbers.
10.0 MIRAE will label each crate with the machine model, serial
number, voltage and options enclosed.
11.0 MIRAE will show on all invoices the machine model, serial
number and QUAD purchase order number.
12.0 MIRAE will continue to supply spare parts and service
support to QUAD for a period of five (5) years after the
discontinuation of a Product or the termination of this
agreement, whichever occurs first.
13.0 MIRAE will promptly notify QUAD of all engineering design
changes that affect "form, fit or function". MIRAE will
assign a new part number when a component or assembly is not
"form, fit or function" equivalent to its predecessor. MIRAE
will change the revision level when a component or assembly
is changed in a way that does NOT affect its "form, fit and
function".
<PAGE>
14.0 MIRAE will provide QUAD with release notes, updated
documentation and master copies of each version of the
Product software prior to shipment of Product containing the
new software version. QUAD may direct MIRAE to delay
distribution of the new software until it has been validated
and QUAD's customer service associates have been trained to
properly support the new software.
15.0 MIRAE will provide QUAD with a machine readable indented
Bill Of Material that identifies all assemblies and
components of each Product which shall be attached hereto as
Schedule 7 and made part hereof.
16.0 MIRAE will provide Material Safety Data Sheets for all
materials supplied with the Products.
17.0 MIRAE should develop and maintain a web-site that makes
available the current Bill Of Material and provide QUAD with
a database of historical Bill Of Material.
18.0 On or before June 15, 1999, MIRAE will provide QUAD with a
list of accessories to the Products and the prices and lead
times, which list shall be attached hereto as Schedule 8 and
made part hereof. Such accessories shall include, without
limitation, those accessories currently listed on Schedule
8.
19.0 MIRAE will, upon request from QUAD, supply commercial part
specifications and detail drawings for proprietary parts
that would permit QUAD to domestically procure spare parts
or build spare parts required to meet QUAD's demand in the
Territory if MIRAE is unable to meet QUAD's spare parts
requirements.
20.0 MIRAE will, as part of its obligations to provide products
which conform to all laws and regulations in the Territory
which QUAD has made MIRAE aware, provide QUAD with a CE
certificate for each Product shipped to QUAD.
21.0 MIRAE will include an accessories kit with each Product. The
accessories kit will include all items needed to operate and
maintain the Product for the first three months., including,
but not limited to: software installation media, spare
nozzles, SMEMA cables, power cord and connectors and any
special MIRAE tools required for routine operation of the
Product.
<PAGE>
(j) MIRAE will not solicit or make any other attempt to hire present
or former QUAD employees for a period of one year after
termination of this agreement or one year after termination of
the employee's employment whichever is greater.
8.0 WARRANTIES; COMPLAINTS; RETURN OF PRODUCTS COMPLAINTS; RETURN OF PRODUCTS
8.1 MIRAE warrants and represents to QUAD that all Products sold to QUAD
(i) will be free of all defects in material and workmanship for a
period of twelve (12) months after Customer's acceptance thereof, (ii)
will be produced and labeled in full compliance with all applicable
laws, regulations and ordinances in the Territory of which QUAD has
made MIRAE aware and (iii) will meet the mutually agreed upon Product
specification (the "Product Specification"). The parties will
negotiate in good faith to mutually agree upon the Product
Specifications, which Product Specifications will be attached to this
Agreement and made part hereof. The Product Specifications shall
include, without limitation, those product specifications and
performance criteria set forth on Schedule 5 attached to this
Agreement.
8.2 MIRAE warrants to QUAD that all Products include design and
performance capabilities so that prior to, during, and after the
calendar year 2000, the Products will not malfunction, produce invalid
or incorrect results or abnormally cease to function because of the
year 2000 date change. Such design and performance capabilities will
include the ability to recognize the century and date-related
functions that indicate the century. MIRAE further warrants that all
methods, procedures and systems by which it interfaces with QUAD,
including its ordering, invoicing, and payment processes, shall be
year 2000 compliant.
8.3 If QUAD claims that any Product it has received from MIRAE is of
deficient quality (including Products with respect to which MIRAE has
breached any of its warranties set out in this Section 8), QUAD will
notify MIRAE in writing of such claim within thirty (30) days of
receipt of knowledge of such deficiency. Failure to provide notice
hereunder will not result in the waiver of any further claims or
complaints, including those claims or complaints asserted by or in
favor of a Person not a party to this Agreement, including any
Customer. Such notice will specify whether the deficient Product is to
be repaired or replaced as requested by QUAD (if deficiency is
discovered prior to Customer acceptance) or by the Customer (if
deficiency is discovered subsequent to Customer acceptance).
8.4 QUAD may return to MIRAE the Products (except Products repaired by
MIRAE at QUAD's election) that QUAD determines in good faith are not
in compliance with the provisions of this Section 8 without any
default of MIRAE. When QUAD notifies MIRAE that a defective Product
has been identified by QUAD in accordance with MIRAE's maintenance and
troubleshooting procedures, then MIRAE will issue within ten (10) days
after notification, a return material authorization ("RMA")
instructing QUAD how to label and where to ship the defective Product.
QUAD will pay the freight for the return of the defective Product.
Upon receipt of the returned Product and verification that the Product
is actually defective, MIRAE shall have option to repair or replace
the defective Products. MIRAE will credit the cost incurred in the
return of the Product to QUAD's account and pay the freight expense to
return any repaired or replaced Product to QUAD.
<PAGE>
8.5 The representations and warranties contained in this Section 8 shall
inure to the benefit of QUAD, its successors, assigns and all
Customers who purchase Product from QUAD or its permitted agents,
representatives or sub-distributors.
8.6 IN NO EVENT SHALL EITHER PARTY BE LIABLE TO THE OTHER PARTY OR ANY
OTHER PERSON OR ENTITY IN CONNECTION WITH THIS AGREEMENT FOR ANY
SPECIAL, CONSEQUENTIAL, INCIDENTAL OR RELIANCE DAMAGES (OR ANY LOSS OF
REVENUE, PROFITS OR DATA), HOWEVER CAUSED, WHETHER FOR BREACH OF
CONTRACT, NEGLIGENCE OR UNDER ANY OTHER LEGAL THEORY, WHETHER
FORESEEABLE OR NOT AND WHETHER OR NOT THE OTHER PARTY HAS BEEN ADVISED
OF THE POSSIBILITY OF SUCH DAMAGE, AND NOTWITHSTANDING THE FAILURE OF
ESSENTIAL PURPOSE OF ANY LIMITED REMEDY, BOTH PARTIES AGREE THAT THESE
LIMITATIONS OF LIABILITY ARE AGREED ALLOCATIONS OF RISK AND ARE
REFLECTED IN THE FEES AGREED UPON BY THE PARTIES.
9.0 TERMINATION, REMEDIES, AND EVENTS FOLLOWING TERMINATION
9.1 If MIRAE breaches or fails to perform any provision of this Agreement,
QUAD may, in addition to and not in lieu of all other remedies
available under this Agreement or provided by law or in equity,
effective ninety (90) days after delivery of written notice of such
breach or failure to perform, and provided such breach or failure to
perform has not been cured by MIRAE within such 90-day period, (i)
terminate this Agreement, (ii) suspend performance of its obligations
under this Agreement with respect to the Product relating to such
breach or failure to perform, or (iii) remove the Product related to
such breach or failure to perform from Schedule 1.
9.2 If QUAD breaches or fails to perform any provision of this Agreement,
MIRAE may, in addition to and not in lieu of all other remedies
available under this Agreement or provided by law or in equity,
effective ninety (90) days after delivery of written notice of such
breach or failure to perform, and provided such breach or failure to
perform has not been cured by QUAD within such 90-day period, (i)
terminate this Agreement, (ii) suspend performance of its obligations
under this Agreement with respect to the Product relating to such
breach or failure to perform, or (iii) remove the Product related to
such breach or failure to perform from Schedule 1.
<PAGE>
9.3 Either party may terminate this Agreement, effective upon delivery of
notice of termination to the other party, if (i) the other party files
a petition in bankruptcy or makes an assignment for the benefit of
creditors, (ii) any involuntary petition in bankruptcy or petition for
an arrangement of debts is entered in a court or consented to by the
other party, (iii) a receiver is appointed for the business of the
other party, or any part thereof, and the said involuntary petition or
petition for an arrangement or appointment of a receiver is not
vacated or discharged within sixty (60) days, or (iv) the other party
discontinues its operations for any reason whatsoever.
9.4 Either party may terminate this Agreement at the end of the Initial
Term or any Renewal Term by giving the other party written notice of
termination at least one hundred eighty (180) days prior to the end of
the then current Initial Term or Renewal Term.
9.5 If MIRAE fails to supply Product for a period of six (6) months or
more due to the effect of an event of force majeure under Section 11,
QUAD may terminate this Agreement, effective thirty (30) days after
giving written notice of termination and the event of force majeure
continuing.
9.6 If QUAD, after using its reasonable efforts, is unable during the
first Contract Year to obtain binding purchase orders from its
customers for the purchase of at least seventy percent (70%) of the
total units of Products shown in the first twelve months forecast in
the Initial Forecast (and such failure is not the result of a breach
by Mirae of any provision contained in this Agreement), either party
may, effective ninety (90) days after delivery of written notice to
the other, (i) terminate this Agreement, (ii) suspend performance of
its obligations under this Agreement with respect to the Product
relating to such breach or failure to perform, or (iii) remove the
Product related to such breach or failure to perform from Schedule 1.
For purposes of the calculation in this Section 9.6, (a) the 70 %
requirement shall be calculated without regard to the product mix set
forth in the Initial Forecast and may be met through the purchase of
the requisite number of any single Products or combination thereof and
(b) fractional units shall be rounded up to the next integer.
<PAGE>
9.7 If Quad is unable to begin shipment of Products to customers on or
before September 30, 1999 or if the product fails to meet the mutually
agreed to Product Specifications contained in Schedule 5 by September
30, 1999, QUAD'shall have the right, at its sole option, to terminate
this Agreement effective thirty (30) days after written notice to
MIRAE.
9.8 Upon (i) the termination of this Agreement in accordance with this
Section 9 or (ii) the removal of a Product from Schedule 1 pursuant to
this Section 9, the following will occur with respect to this
Agreement in the instance of (i) above and with respect to the
applicable Product in the instance of (ii) above:
(a) All rights, licenses, privileges, and obligations granted or
received by the parties under this Agreement will immediately
cease and terminate, except as specifically preserved, extended,
or imposed by any other provision of this Agreement.
(b) At QUAD's option, MIRAE will purchase all Products in the
possession of QUAD that are in their original packaging and are
not identified with any customer purchase order provided to QUAD
by any of QUAD's customers, if QUAD is not a breaching party. In
this event the price paid for such Products will be the price at
which QUAD purchased the Products from MIRAE.
(c) Any indebtedness of either party to the other not already due
will become immediately due and payable as of the effective date
of termination of this Agreement.
(d) The recipient of proprietary information received pursuant to
this Agreement will return to the submitter of such information
or otherwise dispose of as the other party may direct, all
proprietary information and other data relating to the Products,
the submitting party, or its customers that may have been
furnished to the recipient.
9.9 The parties agree that, in the event of a commencement of a bankruptcy
proceeding by or against MIRAE or MIRAE discontinues its operations,
QUAD will be entitled to the right to purchase all rights and licenses
to the Intellectual Property and other technical information used or
useful in the manufacture, use or sale of the Products if QUAD elects
to continue the sale the Products.
9.10 MIRAE will pay to QUAD a commission of *************** of the
selling price of any Product sold or delivered to a QUAD Customer for
a period of one (1) year after the termination of this Agreement by
MIRAE if such termination is not caused by a breach or failure to
perform any provision of this Agreement by QUAD.
<PAGE>
9.11 The obligations of the parties under Subsections, 6.2(f) and (h),
7.1(d) and (h), 7.1(i)(12), 9.6, 9.7, and Sections 8, 12, 13, 14 and
15 will survive termination or expiration of this Agreement for any
reason.
10.0 INSURANCE
10.1 QUAD will, at all times during the term of this Agreement, maintain in
full force and effect, for the benefit of itself and MIRAE, general
liability insurance coverage on QUAD's operations, in form and from an
insurer reasonably satisfactory to MIRAE, covering all services to be
performed and all obligations assumed under the terms of this
Agreement.
10.2 MIRAE will, at all times during the term of this Agreement, maintain
in full force and effect, for the benefit of itself and QUAD, general
liability insurance coverage on MIRAE's operations, in form and from
an insurer reasonably satisfactory to QUAD, covering all services to
be performed and all obligations assumed under the terms of this
Agreement.
11.0 FORCE MAJEURE
11.1 Failure of either party to perform any provision of this Agreement by
reason of strikes, fires, floods, freezes, accidents, war (whether or
not declared), riots, insurrections, acts of God, acts of government,
acts of the public enemy, inability to obtain materials or labor, any
failure by QUAD to perform on account of the failure of MIRAE to
supply QUAD with Product, or other causes which are reasonably beyond
the control of the defaulting party will not constitute an event of
default or breach of this Agreement. If in consequence of any such
force majeure the total demands for Products cannot be supplied by
MIRAE, MIRAE will equitably allocate its available supply among QUAD
and MIRAE's other customers based on the amount ordered by each. In
addition, MIRAE will provide QUAD with reasonable assistance in QUAD's
efforts to obtain alternate supply of Products during the period of
the force majeure. The party claiming force majeure will promptly
notify the other party of the termination of such event.
12.0 REPRESENTATIONS AND WARRANTIES
12.1 The execution and delivery by MIRAE of this Agreement and the
performance by MIRAE of its obligations hereunder has been duly
authorized by all requisite corporate action and will not violate any
provision of law, any order of any court or other agency of
government, the articles of incorporation of MIRAE, as amended and
restated or the By-laws of MIRAE, as amended, or any provision of any
indenture, agreement or other instrument to which MIRAE, any of its
subsidiaries or any of their respective properties or assets is bound,
or conflict with, result in a breach of or constitute (with due notice
or lapse of time or both) a default under any such indenture,
agreement or other instrument, or result in the creation or imposition
of any lien, charge, restriction, claim or encumbrance of any nature
whatsoever upon any of the properties or assets of MIRAE or any of its
subsidiaries.
<PAGE>
12.2 The execution and delivery by QUAD of this Agreement and the
performance by QUAD of its obligations hereunder has been duly
authorized by all requisite corporate action and will not violate any
provision of law, any order of any court or other agency of
government, the articles of incorporation of QUAD, as amended and
restated or the By-laws of QUAD, as amended, or any provision of any
indenture, agreement or other instrument to which QUAD, any of its
subsidiaries or any of their respective properties or assets is bound,
or conflict with, result in a breach of or constitute (with due notice
or lapse of time or both) a default under any such indenture,
agreement or other instrument, or result in the creation or imposition
of any lien, charge, restriction, claim or encumbrance of any nature
whatsoever upon any of the properties or assets of QUAD or any of its
subsidiaries.
12.3 Each party warrants and represents that neither it nor any of its
directors, officers, employees, or agents is an official agent, or
employee of any government, governmental agency, or political party or
a candidate for any political office on the date of this Agreement.
Each party shall promptly notify the other party of the occurrence of
any event that would or may result in an exception to the foregoing
representation. Neither party shall, directly or indirectly, in the
name, of on behalf of, or for the benefit of the other party, offer,
promise, or authorize to pay, or pay any compensation, or give
anything of value to any official, agent, or employee of any
governmental agency, or to any political party or officer, employee,
or agent thereof, or any candidate for political office. Each party
shall require each of its officers, directors, employees, and agents
to comply with the provisions of this Article 12.3. QUAD is familiar
with the requirements and prohibitions of the Foreign Corrupt
Practices Act of the United States ("FCPA") and hereby agrees to
comply with such requirements and does not desire and agrees not to
request any action that would require MIRAE to violate any provision
of the FCPA.
<PAGE>
13.0 ALTERNATE DISPUTE RESOLUTION
13.1 Each party shall designate in writing an account manager to serve as
the primary interface between both parties.
13.2 If any dispute or disagreement arises between the parties with respect
to the interpretation of any provision of this Agreement or with
respect to the performance of either party hereunder, the account
manager from each of the parties will meet for the purpose of
resolving the dispute. If the account managers are unable to resolve
the dispute within five (5) business days, the dispute will then be
submitted to an executive representative of each party (the
"Representatives") who will commence meeting within five (5) business
days in order to gather and furnish to each other all essential,
non-privileged information that the parties believe germane to
resolution of the matter at issue. During the course of the dispute
resolution procedures between the Representatives (the "Representative
Negotiation Period"), information exchanged will be limited to
non-privileged information. All requests will be made in good faith
and be reasonable in light of the time period specified for the
Representative Negotiation Period. The Representatives may mutually
agree to appoint a neutral advisor or mediator to facilitate
negotiations and, if requested by both parties, to render non-binding
opinions. No dispute may be submitted for arbitration under the
following paragraph by either party until thirty (30) days of the
Representative Negotiation Period has expired, or such shorter period
as the parties may mutually agree in writing. The provisions of this
paragraph will not prevent either party from seeking (a) injunctive
relief as set forth in Section 8, 6.2(e) and 7.1(h) hereof or (b)
specific performance of the other party's willful failure to perform
its obligations under this Agreement.
13.3 If any dispute between the parties is not resolved pursuant to the
above paragraph, upon expiration of the Representative Negotiation
Period, either party may submit the dispute to final, binding and
non-appealable arbitration ("Arbitration") in accordance with the
rules and procedures set forth in this Section, without any right by
either party to a trial de novo in a court of competent jurisdiction
by giving to the other party demand for arbitration. Judgment upon the
award or decision rendered by the arbitrators may be entered in any
court having jurisdiction thereof, or applications may be made to such
court for a judicial recognition of the arbitration award or an order
of enforcement thereof, as the case may be.
<PAGE>
13.4 Arbitration proceedings under this Section 13 shall be governed by the
Rules of the American Arbitration Association ("AAA"), except to the
extent contrary to the provisions of this Section 13. Arbitration
proceedings shall be held in Philadelphia, Pennsylvania, unless
otherwise agreed to by the parties in writing. The arbitration panel
shall consist of three (3) arbitrators selected as follows: each party
shall select an arbitrator within twenty (20) days after service of
the notice of demand for arbitration under Section 13 hereof, and the
two arbitrators selected by the parties shall select the third
arbitrator within ten (10) days thereafter. Promptly after the
selection of the arbitrators, the arbitrators shall set a date for the
issuance of the arbitral decision, which date shall be not later than
either (8) months (or such earlier date as may be agreed to by the
parties to the dispute) from the date of the selection of the
arbitrators, with other dates, including the dates for final
submissions of evidence, set in light of this date. The date for the
final submissions of evidence shall not be changed absent
extraordinary circumstances. The arbitrators shall have the power to
impose sanctions, including dismissal of the proceedings for dilatory
tactics or undue delay in completing the arbitral proceedings. The
arbitrators shall be responsible for establishing the timing, amount,
and means of discovery, and for resolving discovery and other
pre-hearing disagreement. The procedure for arbitration shall be based
solely on a written record, with all testimony taken in written form.
The arbitrators may exclude any evidence that is irrelevant,
immaterial, unduly repetitions, prejudicial, or privileged. The
arbitrators shall issue a written decision, including findings of fact
and the legal basis for the decision, within sixty (60) days after the
end of the discovery period. The arbitral decision shall be based on
the evidence in the record and the laws of the Commonwealth of
Pennsylvania, without regard to choice of law provisions. The decision
of a majority of the arbitrators shall be final and binding upon the
parties hereto and shall not be subject to appeal.
13.5 Each party will, except as otherwise provided herein, be responsible
for its own expenses, including legal fees, incurred in the course of
the Arbitration. The fees of the arbitrator(s) will be divided evenly
between the parties.
14.0 CONSENT TO JURISDICTION, SERVICE, AND VENUE
14.1 For the purpose of any suit, action, or proceeding otherwise permitted
under this Agreement, MIRAE and QUAD each irrevocably consents and
submits to the jurisdiction and venue of any of the courts of the
Commonwealth of Pennsylvania or of any Federal court located in
Pennsylvania, regardless of the convenience of such forum, and MIRAE
and QUAD each further agrees and consents to accept and acknowledge
all service of process carried out by means of registered mail, return
receipt requested in connection with any such matter. The provisions
of this Section will not limit or otherwise affect the right of MIRAE
and QUAD to institute and conduct action in any other appropriate
manner, jurisdiction, or court.
14.2 ANY ACTION OR CLAIMS AGAINST MIRAE OR QUAD ARISING OUT OF OR RELATING
TO THIS AGREEMENT OR ANY COMPLETED SALE HEREUNDER, OR BY REASON OF ANY
FEDERAL OR STATE STATUTORY PROVISION RELATING THERETO, MUST BE
COMMENCED WITHIN ONE (1) YEAR FROM THE DATE SUCH CAUSE OF ACTION
ARISES, OTHERWISE SUCH ACTION OR CLAIM WILL BE BARRED NOTWITHSTANDING
ANY STATUTORY PERIOD OF LIMITATIONS TO THE CONTRARY.
<PAGE>
15.0 MISCELLANEOUS
15.1 The parties recognize and intend that portions of this Agreement are
very general in nature, and the parties acknowledge that they intend
to operate in good faith and deal fairly with one another when
interpreting their respective obligations hereunder.
15.2 QUAD may appoint any subagent, sub-distributor, or other Person to
promote the sale of the Products or otherwise to perform any of QUAD's
obligations under this Agreement, provided each such subagent,
sub-distributor or other Person agrees to be bound to the terms and
conditions of this Agreement.
15.3 Nothing in this Agreement will constitute or be deemed to constitute a
franchise, license, joint venture, partnership, agency, or
relationship of employment between the parties. QUAD acknowledges that
it is acting solely as an independent contractor and has no authority
or power to bind MIRAE.
15.4 None of the rights or privileges set forth in this Agreement will be
sold, transferred, leased, assigned, pledged, mortgaged, hypothecated,
or otherwise disposed of without the prior written consent of the
parties hereto; PROVIDED, HOWEVER, that QUAD or MIRAE may, without the
other's consent, assign this Agreement to a successor by merger,
consolidation, or acquisition of substantially all of its operating
assets, or to an Affiliate of either party. The sale of a controlling
stock interest of either party constitutes an assignment under this
Agreement. The performance by a permitted assignee of either party,
pursuant to this paragraph, of all or any portion of the assignor's
obligations hereunder, will be deemed for all purposes of this
Agreement fulfillment and a release of the assignor's obligations
hereunder.
15.5 If any material provision of this Agreement is declared invalid or
contrary to law by any court, governmental agency, body or tribunal,
either party may terminate this Agreement upon ninety (90) days' prior
written notice to the other party. If this Agreement is not terminated
pursuant to the previous sentence, the remaining provisions of this
Agreement will remain in full force and effect.
<PAGE>
15.6 All demands, notices, orders, payments, or other writings to be sent
by either party to the other party under or pursuant to this Agreement
will be given in writing, and will be deemed to have been given when
delivered in person, or on the date of delivery of such notice by a
major overnight delivery service such as Federal Express, or by
telecopy with a hard copy delivered promptly by one of the methods
described above, and
(a) if sent to MIRAE, will be sent to:
Mirae Corporation
#9-2, Cha Am-Dong, Chun An City
Chung Chong Nam-Do, 330-200 Korea
(b) if sent to QUAD, will be sent to:
QUAD'systems Corporation
2405 Maryland Road
Willow Grove, PA 19090 USA
15.7 This Agreement represents the entire contract between the parties
pertaining to the subject matter hereof and supersedes all prior
agreements, understandings, negotiations, and discussions, whether
oral or written, of the parties (including the Letter of Intent
between the parties dated 22 April, 1999), and there are no
warranties, representations, or other agreements pertaining to the
subject matter hereof between the parties except as specifically
set forth herein. Except as provided in Sections 2 and 9, no
addition to or waiver or modification of any provision of this
Agreement will be binding unless in writing and signed by a duly
authorized representative of each party. Without limiting the
generality of the foregoing, no modification or amendment will be
effected by or result from the receipt, acceptance, signing, or
acknowledgment of any orders, order acknowledgments, quotation
forms, invoices, shipping documents, or other business forms
containing terms or conditions in addition to or different from
the terms and conditions set forth in this Agreement.
15.8 Any failure by a party hereto to exercise any of its rights
hereunder will not be construed as a waiver of such rights, nor
will any failure preclude exercise of such rights at any later
time.
15.9 Any and all taxes, excises, assessments, levies, imports, duties,
costs, charges, and penalties which may be assessed, levied,
demanded, or imposed by any governmental agency in connection with
this Agreement will be paid by the party upon whom they are
imposed and will be the sole obligation of such party.
15.10 Section headings are for convenience only and are not to be
construed as part of this Agreement.
15.11 This Agreement and the performance of the rights and obligations
hereunder will be governed by and construed in accordance with the
internal laws of the Commonwealth of Pennsylvania, without regard
to conflict of law principles.
15.12 When used in this Agreement, the term "including" means "including
without limitation."
16.0 DEFINED TERMS
16.1 As used in this Agreement, the following capitalized terms,
including their plural forms, will have the meanings set forth in
this Section 16:
16.2 "Additional Product" has the meaning given such term in Section
5.1 and includes any of the goods and related items set forth or
described in Schedule 1.
16.3 "AAA" has the meaning assigned to the term in Section 13.4.
<PAGE>
16.4 "Affiliate" means any corporation, firm, partnership, or other
entity, whether DE JURE or DE FACTO, which directly or indirectly
owns, is owned by or in under common ownership with a party to
this Agreement.
16.5 "Contract Year" means each consecutive twelve month period during
the term of this Agreement, the first such period beginning on the
effective date of the Initial Forecast and ending twelve months
thereafter.
16.6 "Customer" means any end user of Product purchased from QUAD or
any of QUAD's agents, representatives or sub-distributors.
16.76 "Dollars" and the symbol "$" means the legal tender of the United
States of America.
16.8 "Initial Forecast" means the first Rolling Forecast for Products
delivered under this agreement, which forecast is attached heteto
in Schedule 3 and which forecast will become effective on the
first day of the month immediately following the date on which
QUAD notifies MIRAE that it has completed its design verification
testing on all Products and is reasonably satisfied that the
products meet the Product Specifications, which testing for any
specific test unit shall be completed within sixty (60) days
following the delivery of such test unit to QUAD's facilities in
Pennsylvania by MIRAE.
16.9 "Intellectual Property" shall mean (i) all current and future
United Stated patents and patent applications, if any, and all
corresponding foreign patents and patent applications, if any,
owned, obtained, licensed, or sublicensed by MIRAE or any
Affiliate covering the Products and any continuations (including
continuations-in-part), divisions, improvements, renewals,
reissues, and extensions thereof or used in connection therewith
and (ii) all existing unpatented technical secrets and information
currently possessed by MIRAE and with respect to which MIRAE has
the right to disclosure and grant licenses, and all improvements
made by MIRAE during the term of this Agreement, relating to the
design, development, manufacture, use, sale, and commercialization
of the Products.
<PAGE>
16.8 "More Favorable Terms" has the meaning assigned to the term in
Section 2.2.
16.9 "Person" means an individual, partnership, joint venture,
corporation, trust, estate, incorporated organization, or other
entity of any government or any department or agency thereof.
16.10 "Product" means any of the goods and related items set forth in
Schedule 1 (and all upgrades, redesigns or replacements thereof),
as such Schedule may be amended from time to time upon mutual
consent, and any Additional Products for which QUAD is appointed
MIRAE's exclusive distributor in accordance with Section 5.1
hereof.
16.11 "Product Specifications" has the meaning assigned to the term in
Section 8.1.
16.12 "Purchase Order" has the meaning assigned to the term in Section
3.3.
16.12 "Quality Inspection" means an inspection of the shipped Products
to determine compliance with the warranties given by Mirae in
Section 8 hereof, including without limitation, compliance with
the Product Specifications and compliance with the laws of the
Territory.
16.13 "Quarterly Periods" means the consecutive three month periods.
16.14 "Rolling Forecast" has the meaning assigned to the term in Section
3.1.
16.16 "Territory" has the meaning assigned to the term in Section 1.1.
16.17 "Third Party" means any Person who is not a party to this
Agreement.
<PAGE>
[SIGNATURES FOLLOW]
IN WITNESS WHEREOF, the parties hereto have executed this Agreement
effective the day and year first above written.
MIRAE: MIRAE CORPORATION
By:___________________________
Name: Moon Soul Chung
Title: Chairman and Chief
Executive Officer of Mirae Corporation
MIRAE CORPORATION
By:___________________________
Name: Kwangill Koh
Title: Managing Director of Mirae Corporation
QUAD: QUAD'sYSTEMS CORPORATION
By:___________________________
Name: Theodore J. Shoneck
Title: President and Chief Operating Officer
of QUAD'systems Corporation
QUAD'sYSTEMS CORPORATION
Withnessed By:___________________________
Name: James D. Stevens III
Title: Directorn of Marketing
of QUAD'systems Corporation
<PAGE>
DISTRIBUTION AGREEMENT
SCHEDULES
QUAD'sYSTEMS CORPORATION
And
MIRAE CORPORATION
<PAGE>
QUAD - Mirae Distribution Agreement
Schedule 1
PRODUCTS
MIRAE MODEL CORRESPONDING QUAD MODEL
- ----------- ------------------------
MPS-1030 QSM-1030
MPS-1030P QSM-1030P
MPS-1020 QSM-1020
MPS-1020P QSM-1020P
MPS-1010 QSM-1010
MPS-1010P QSM-1010P
MPS-1050M QSM-1050M
* * * * * * * * * *
<PAGE>
Schedule 2
PRODUCT PRICING
MODEL NUMBER PURCHASE PRICE
------------ --------------
Model 1030 ********
Model 1030P ********
Model 1020 ********
Model 1020P ********
Model 1010 ********
Model 1010P ********
Model 1050M ********
* * * * * * * * * *
<PAGE>
Schedule 3
QUAD'S INITIAL FORECAST
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
MONTH 1 2 3 4 5 6 7 8 9 10 11 12
- -------------------------------------------------------------------------------------------------------------------------
1030/1030P NA ** ** ** ** ** ** ** ** ** ** ** **
- -------------------------------------------------------------------------------------------------------------------------
1050M NA ** ** ** ** ** ** ** ** ** ** ** **
- -------------------------------------------------------------------------------------------------------------------------
1020/1020P NA ** ** ** ** ** ** ** ** ** ** ** **
- -------------------------------------------------------------------------------------------------------------------------
1010/1010P NA ** ** ** ** ** ** ** ** ** ** ** **
- -------------------------------------------------------------------------------------------------------------------------
NA Sub-Total NA ** ** ** ** ** ** ** ** ** ** ** **
- -------------------------------------------------------------------------------------------------------------------------
1030/1030P Eur ** ** ** ** ** ** ** ** ** ** ** **
- -------------------------------------------------------------------------------------------------------------------------
1050M Eur ** ** ** ** ** ** ** ** ** ** ** **
- -------------------------------------------------------------------------------------------------------------------------
1020/1020P Eur ** ** ** ** ** ** ** ** ** ** ** **
- -------------------------------------------------------------------------------------------------------------------------
1010/1010P Eur ** ** ** ** ** ** ** ** ** ** ** **
- -------------------------------------------------------------------------------------------------------------------------
Eur Sub-Total Eur ** ** ** ** ** ** ** ** ** ** ** **
- -------------------------------------------------------------------------------------------------------------------------
Monthly Units ** ** ** ** ** ** ** ** ** ** ** **
- -------------------------------------------------------------------------------------------------------------------------
Cumulative Units ** ** ** ** ** ** ** ** ** ** ** **
- -------------------------------------------------------------------------------------------------------------------------
Cumulative MM$
(excluding spares) ** ** ** ** ** ** ** ** ** ** ** **
- -------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
MONTH 13 14 15 16 17 18 19
------------------------------------------------------------------------
1030/1030P NA ** ** ** ** ** ** **
------------------------------------------------------------------------
1050M NA ** ** ** ** ** ** **
------------------------------------------------------------------------
1020/1020P NA ** ** ** ** ** ** **
------------------------------------------------------------------------
1010/1010P NA ** ** ** ** ** ** **
------------------------------------------------------------------------
NA Sub-Total NA ** ** ** ** ** ** **
------------------------------------------------------------------------
1030/1030P Eur ** ** ** ** ** ** **
------------------------------------------------------------------------
1050M Eur ** ** ** ** ** ** **
------------------------------------------------------------------------
1020/1020P Eur ** ** ** ** ** ** **
------------------------------------------------------------------------
1010/1010P Eur ** ** ** ** ** ** **
------------------------------------------------------------------------
Eur Sub-Total Eur ** ** ** ** ** ** **
------------------------------------------------------------------------
Monthly Units ** ** ** ** ** ** **
------------------------------------------------------------------------
Cumulative Units ** ** ** ** ** ** **
------------------------------------------------------------------------
Cumulative MM$
(excluding spares) ** ** ** ** ** ** **
------------------------------------------------------------------------
</TABLE>
****************
<PAGE>
Schedule 3.3
EXAMPLE OF ROLLING FORECAST AND REQUIRED ORDER QUANTITIES
The numbers shown below are for illustrative purposes only and do not represent
a commitment on the part of QUAD to place orders for or MIRAE to deliver the
quantities of product shown in the tables below.
First Forecast Period:
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------
Quarter 1 2 3 4
---------------- ----------------- ------------------ -------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Month 1 2 3 4 5 6 7 8 9 10 11 12
- ------------------------------------------------------------------------------------------------
Model
- ------------------------------------------------------------------------------------------------
QSM-1010 0 1 2 1 2 3 2 4 6 3 5 8
- ------------------------------------------------------------------------------------------------
QSM-1010P 1 2 4 2 3 5 3 6 8 5 7 10
- ------------------------------------------------------------------------------------------------
QSM-1020 1 2 3 1 2 3 2 4 6 2 4 6
- ------------------------------------------------------------------------------------------------
QSM-1020P 2 3 4 2 3 4 3 6 8 3 6 8
- ------------------------------------------------------------------------------------------------
QSM-1030 2 4 6 3 5 8 3 5 8 5 7 10
- ------------------------------------------------------------------------------------------------
QSM-1030P 3 6 8 4 7 10 4 7 10 7 9 12
- ------------------------------------------------------------------------------------------------
QSM-1050M 2 4 8 3 4 8 3 4 8 3 4 8
- ------------------------------------------------------------------------------------------------
Monthly Total 11 22 35 16 26 41 20 36 54 28 42 62
- ------------------------------------------------------------------------------------------------
Quarterly Total 68 83 110 132
- ------------------------------------------------------------------------------------------------
50% 2nd Quarter 42
Total
- ------------------------------------------------------------------------------------------------
Yearly Total 393
- ------------------------------------------------------------------------------------------------
70% Yearly Total 275
- ------------------------------------------------------------------------------------------------
</TABLE>
Step Action
- ---- ------
1 On the last business day of each Quarterly Period, QUAD'submits the Rolling
Forecast show above for QUAD's planned purchases for each of the Products
(Section 3.1)
At this point QUAD'shall be required to:
1. Commit to a firm forecast for the quantity of each model of the
Product contained in the first three months of the Rolling Forecast.
Specifically in the example above, QUAD will be required to purchase
the following quantities of the QSM-1010 Model; zero (0) units in
Month 1, one (1) unit in Month 2, and two (2) units in Month 3.
(Section 3.3)
2. Place a quarterly Purchase Order during the first week of the next
quarter for a quantity of the Product which is equal to or greater
than fifty percent (50%) of the total quantity specified for each
model in the next three months (Month 4, Month 5, and Month 6) of the
Rolling Forecast submitted. Specifically in the example above, QUAD
will be required to purchase at least the following quantity of the
QSM-1010 Model in the next quarter; three (3) units (fifty percent
(50%) of the total six (6) units in Month 4, Month 5, and Month 6). In
determining this requirement, fractional units shall be rounded up to
the next integer. (Section 3.1)
2 Within seven days of the beginning of each Quarterly Period, QUAD will
issue a Purchase Order for the quantity of each model of the Product
contained in the first three months of the Rolling Forecast submitted in
step 1 above. (Sections 3.2 and 3.3).
<PAGE>
Second Forecast Period:
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------
Quarter 1 2 3 4
---------------- ----------------- ------------------ -------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Month 1 2 3 4 5 6 7 8 9 10 11 12
- ------------------------------------------------------------------------------------------------
Model
- ------------------------------------------------------------------------------------------------
QSM-1010 2 4 6 1 2 3 2 4 6 3 5 8
- ------------------------------------------------------------------------------------------------
QSM-1010P 3 6 8 2 3 5 3 6 8 5 7 10
- ------------------------------------------------------------------------------------------------
QSM-1020 2 4 6 1 2 3 2 4 6 2 4 6
- ------------------------------------------------------------------------------------------------
QSM-1020P 3 6 8 2 3 4 3 6 8 3 6 8
- ------------------------------------------------------------------------------------------------
QSM-1030 3 5 8 3 5 8 3 5 8 5 7 10
- ------------------------------------------------------------------------------------------------
QSM-1030P 4 7 10 4 7 10 4 7 10 7 9 12
- ------------------------------------------------------------------------------------------------
QSM-1050M 3 4 8 3 4 8 3 4 8 3 4 8
- ------------------------------------------------------------------------------------------------
Monthly Total 20 36 54 16 26 41 20 36 54 28 42 62
- ------------------------------------------------------------------------------------------------
Quarterly Total 110 83 110 132
- ------------------------------------------------------------------------------------------------
50% 2nd Quarter 42
Total
- ------------------------------------------------------------------------------------------------
Yearly Total 435
- ------------------------------------------------------------------------------------------------
70% Yearly Total 305
- ------------------------------------------------------------------------------------------------
</TABLE>
Step Action
1 On the last business day of each Quarterly Period, QUAD'submits the Rolling
Forecast show above for QUAD's planned purchases for each of the Products
(Section 3.1).
At this point QUAD'shall be required to:
1. Commit to a firm forecast for the quantity of each model of the
Product contained in the first three months of the Rolling Forecast.
The quantity of the Product ordered must be equal to or greater than
fifty percent (50%) of the total quantity specified for each model in
the three months (Month 4, Month 5, and Month 6) of the Rolling
Forecast submitted the previous quarter. Specifically in the example
above, QUAD will be required to purchase the following quantities of
the QSM-1010 Model; two (2) units in Month 1, four (4) units in Month
2, and six (6) units in Month 3. This order quantity satisfies the
requirement to be equal to or greater than fifty percent (50%) of the
total quantity specified for each model in the three months of the
previous forecast (Section 3.3)
2. Place a quarterly Purchase Order at the beginning of the next quarter
for a quantity of the Product which is equal to or greater than fifty
percent (50%) of the total quantity specified for each model in the
next three months (Month 4, Month 5, and Month 6) of the Rolling
Forecast submitted. Specifically in the example above, QUAD will be
required to purchase at least the following quantity of the QSM-1010
Model in the next quarter; three (3) units (fifty percent (50%) of the
total six (6) units in Month 4, Month 5, and Month 6). In determining
this requirement, fractional units shall be rounded up to the next
integer. (Section 3.1)
2 Within seven days of the beginning of each Quarterly Period, QUAD will
issue a Purchase Order for the quantity of each model of the Product
contained in the first three months of the Rolling Forecast submitted in
step 1 above. (Sections 3.2 and 3.3).
* * * * * * * * * *
<PAGE>
Schedule 5
*PRODUCT SPECIFICATIONS
- --------------------------------------------------------------------------------
Model Tact time Placement Accuracy
(mSec) (Three standard deviation)
- --------------------------------------------------------------------------------
1010 1608C 120
QFP-100 N/A
1010P 1608C 137 Mirae's Current Specification
QFP-208 *TBD (3 Standard Deviations)
1020 1608C 198 Chips (9mm x 9mm size)
QFP-100 N/A +/- 100 (mu)m, including /0/ error
Combined errors for X, Y, /0/ meets
1020P 1608C 259 the above Specification
QFP-208 *TBD
QFP
1030 1608C 266 +/- 40 (mu)m, including /0/ error for QFP 208
QFP-100 N/A
1030P 1608C 351
QFP-208 TBD
1050M 1608C 360
QFP-208 450
- --------------------------------------------------------------------------------
* This above Specification and TBD items will be also specified as soon as
Mirae conducts further tests and upgrades under Quad approval. The tact
times shown above are the current minimum Mirae expectations and will be
improved and specified in detail as Mirae conducts further tests and makes
machine upgrades under Quad approval. Performance will be validated per
IPC-9850 (previously referred to as IPC 5-40).
Additional Specifications:
* Board Size shall be 50.0 mm x 30.0 mm x 0.4 mm to 360.0 mm x 410.0 mm
X 5.0 mm.
* Feeder Capacity shall be 70 standard 8 mm Quad tape feeders or 88 slim
8 mm Quad tape feeders.
* Attribute Defect Rate shall be less than *** ppm.
* Mis-Pick Rate shall be less than *** ppm.
* Mean Placements Between Assists shall be greater than ***.
* Mean Time To Assist shall be less than *** seconds.
* Preventive Maintenance time will be less than *** hours per 2000
power-on hours.
* Mean Time Between Failures shall be greater than *** power-on hours.
* Mean Placements Between Failures will be greater than ***.
* Mean Time to Repair shall be less than *** minutes.
Note: **** item to be mutually agreed upon by QUAD and MIRAE prior to September
30, 1999.
Standard software features will include:
* The software will permit the user to efficiently develop nearly
optimal programs using a customer-supplied offline PC.
<PAGE>
* The software will maintain libraries of customer part numbers, SMT
component profiles, fiducial profiles, reject mark profiles and feeder
profiles. All board assembly programs will reference the libraries.
* The software will include automatic machine calibration functions that
enable the machine to meet its published performance specifications.
* The software will generate board assembly programs that run correctly
without requiring the user to teach placements, and fiducials or
reject marks and component pickup locations provided the component
pickup locations do not change.
* The software will provide a flexible ASCII CAD data import facility.
* The software will provide a password protected and easy to use
operator interface in the user's local language.
* The software will provide adequate tools to debug assembly process
problems. The software will provide diagnostic tools that assist users
in the isolation of machine faults.
Optional software features will include:
* SEMI-SECS GEM host interface
* SPC data collection, monitoring and reporting
* Program upload/download
* Remote stop and start-enable
* Line balancer
* Remote customer service (via Internet or modem)
* * * * * * * * * *
<PAGE>
Schedule 6
MIRAE'S SPARE PARTS PRICES AND LEAD-TIMES
See Attached Pages
* * * * * * * * * *
<PAGE>
<TABLE>
<CAPTION>
SPARE PARTS
- ---------------------------------------------------------------------------------------------------------------------
NO. 1.1 PART NAME SPEC.(DWG.NO) SPARE UNIT COST L/TIME REMARK
(WEEK)
- ---------------------------------------------------------------------------------------------------------------------
1.2 ONEROUS SPARE
PART 1
- ---------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
1 CONVEYOR BEARING F688ZZ 2 EA ******* 2
- ---------------------------------------------------------------------------------------------------------------------
2 RING BELT RING BELT 1160 1 EA ******* 2
- ---------------------------------------------------------------------------------------------------------------------
3 RING BELT RING BELT 1200 1 EA ******* 2
- ---------------------------------------------------------------------------------------------------------------------
4 RING BELT RING BELT 1510 1 EA ******* 2
- ---------------------------------------------------------------------------------------------------------------------
5 RING BELT RING BELT 1540 1 EA ******* 2
- ---------------------------------------------------------------------------------------------------------------------
6 Vacuum Pad VP15LBSE 1 EA ******* 3
- ---------------------------------------------------------------------------------------------------------------------
7 ANC Pusher UNST4-20 1 EA ******* 2
Stopper
- ---------------------------------------------------------------------------------------------------------------------
ACCESSORIES KIT
- ---------------------------------------------------------------------------------------------------------------------
NO. LEVEL 1 PART NAME SPEC.(DWG.NO) SPARE UNIT COST L/TIME REMARK
(WEEK)
- ---------------------------------------------------------------------------------------------------------------------
MIRAE STANDARD TOOL
- ---------------------------------------------------------------------------------------------------------------------
1 TOOLS SET GREASE GUN GREASE GUN 1 SET 2
- ---------------------------------------------------------------------------------------------------------------------
2 WRENCH WRENCH 1 SET 1
- ---------------------------------------------------------------------------------------------------------------------
3 TOOL SCREWDRIVER(+) SCREWDRIVER(+) 1 EA 1
- ---------------------------------------------------------------------------------------------------------------------
4 SCREWDRIVER(-) SCREWDRIVER(-) 1 EA 1
- ---------------------------------------------------------------------------------------------------------------------
5 STANDARD ZMIS- ZMIS- 2 EA ******* 1
PIN(JIG) F113PIN_CAP(JIG) F113PIN_CAP(JIG)
- ---------------------------------------------------------------------------------------------------------------------
6 ZMIS- ZMIS- 2 EA ******* 1
F114PIN(JIG) F114PIN(JIG)
- ---------------------------------------------------------------------------------------------------------------------
CONTROL PART
- ---------------------------------------------------------------------------------------------------------------------
1 SOFTWARE 1 SET
INSTALLATION
MIDIA
- ---------------------------------------------------------------------------------------------------------------------
2 SMEMA CABLES 1 SET
- ---------------------------------------------------------------------------------------------------------------------
3 LOGO DEALS 1 SET
- ---------------------------------------------------------------------------------------------------------------------
4 POWER CORD 1 SET
- ---------------------------------------------------------------------------------------------------------------------
5 CONNECTORS 1 SET
- ---------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------
MODEL : MPS-1010(P)/20(P) SPARE PARTS 1999.
UNIT : CONTROL PART 05.10.
- ----------------------------------------------------------------------------------------------------------------------
NO. NAME SPEC.(DWG.NO) Q'TY UNIT COST AMOUNT L/TIME REMARK
LEVEL
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
1 SSR MG1C100Z4 2 ea ******* ******* 3 Weeks
- ----------------------------------------------------------------------------------------------------------------------
2 " WK-1240SQN 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
3 " S1C240D8 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
4 Lamp TN-32/220V(RED) 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
5 " TD-212/220V(YEL) 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
6 " TD-212/24VDC(YEL) 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
7 Switch T3-3-8342/EA/SVB 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
8 " RS/K10 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
9 " LB-16SK(24V LED,GRN) 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
10 " LB-16SK(24V LED,RED) 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
11 " LB-16SK(24V LED,YEL) 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
12 " LB-16SK(28V Lamp,WHT) 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
13 Emergency S/W ARE-6R12R 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
14 I/O Board NX12 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
MODEL : MPS-1030(P) UNIT : SPARE PARTS 1999.
CONTROL PART 05.10.
- ----------------------------------------------------------------------------------------------------------------------
NO. NAME SPEC.(DWG.NO) Q'TY UNIT COST AMOUNT L/TIME REMARK
LEVEL
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
1 SSR WK-1240N 1 ea ******* ******* 3 Weeks
- ----------------------------------------------------------------------------------------------------------------------
2 " S1C240D8 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
3 Lamp TN-32/220V(RED) 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
4 " TD-212/220V(YEL) 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
5 " TD-212/24VDC(YEL) 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
6 Switch TO-3-8342/EA/SVB 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
7 " RS/K10 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
8 " LB-16SK(24V LED,GRN) 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
9 " LB-16SK(24V LED,RED) 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
10 " LB-16SK(24V LED,YEL) 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
11 " LB-16SK(28V Lamp,WHT) 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
12 Emergency S/W ARE-4R12R 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
13 PC 64M CD ROM 1 ea ******* ******* "
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
SPARE LIST (1050M)
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------
NO. PART NAME SPEC.(DWG.NO) SPARE UNIT COST REMARK
LEVEL
- ----------------------------------------------------------------------------------------------------------------------
ONEROUS SPARE PART 1
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
1 CONVEYOR BEARING F688ZZ 2 EA **
- ----------------------------------------------------------------------------------------------------------------------
2 RING BELT RING BELT 1 EA **
1060
- ----------------------------------------------------------------------------------------------------------------------
3 RING BELT RING BELT 1 EA **
1200
- ----------------------------------------------------------------------------------------------------------------------
4 RING BELT RING BELT 1 EA **
1070
- ----------------------------------------------------------------------------------------------------------------------
5 RING BELT RING BELT 1 EA **
1030
- ----------------------------------------------------------------------------------------------------------------------
6 Vacuum Pad VP6LB 1 EA **
- ----------------------------------------------------------------------------------------------------------------------
7 head Spring #217 4 EA **
- ----------------------------------------------------------------------------------------------------------------------
TIMING BELT 201-P3M6 1 EA **
- ----------------------------------------------------------------------------------------------------------------------
Tray Feeder Gripper Cylinder PW-10(8mm) 1 EA **
- ----------------------------------------------------------------------------------------------------------------------
Pusher Cylinder GC-0805(3mm) 1 EA **
- ----------------------------------------------------------------------------------------------------------------------
ONEROUS SPARE PART 2
- ----------------------------------------------------------------------------------------------------------------------
1 X,Y GANTRY LINEAR SCALE RGH22X 1 EA **
HEAD
- ----------------------------------------------------------------------------------------------------------------------
2 LINEAR SCALE RGM22S 1 EA **
REFERENCE MARK
- ----------------------------------------------------------------------------------------------------------------------
3 CONVEYOR STEPPING MOTOR 4S42Q-T04046S 1 EA **
- ----------------------------------------------------------------------------------------------------------------------
4 Magnetic Holder D15XH20XM6 1 EA **
- ----------------------------------------------------------------------------------------------------------------------
5 PUSH PIN G265RS(SET) 2 EA **
- ----------------------------------------------------------------------------------------------------------------------
6 Head VACUUM GENERATOR ZX1051-K1Y5LOZ-DP23C 1 EA **
- ----------------------------------------------------------------------------------------------------------------------
7 ALL KIND OF P11-0308107-00 1 EA **
STOPPER
- ----------------------------------------------------------------------------------------------------------------------
P11-0308108-00 2 EA **
- ----------------------------------------------------------------------------------------------------------------------
P11-0308109-00 1 EA **
- ----------------------------------------------------------------------------------------------------------------------
P11-0308110-00 1 EA **
- ----------------------------------------------------------------------------------------------------------------------
P11-0308111-00 1 EA **
- ----------------------------------------------------------------------------------------------------------------------
9 ANC Pusher Stopper P11-0900103-00 1 EA **
- ----------------------------------------------------------------------------------------------------------------------
10 Push Stopper P11-0900006-00 2 EA **
- ----------------------------------------------------------------------------------------------------------------------
11 Tray Feeder Tray guide P11-0731003-00 4 EA **
- ----------------------------------------------------------------------------------------------------------------------
12 Tray guide P11-0731006-00 2 EA **
- ----------------------------------------------------------------------------------------------------------------------
GRATUITOUS STANDARD
- ----------------------------------------------------------------------------------------------------------------------
1 NOZZLE 1 SET
- ----------------------------------------------------------------------------------------------------------------------
2 NOZZLE SOCKET 1 SET
- ----------------------------------------------------------------------------------------------------------------------
ACCESSORIES KIT
- ----------------------------------------------------------------------------------------------------------------------
NO. PART NAME SPEC.(DWG.NO) SPARE UNIT COST REMARK
LEVEL
- ----------------------------------------------------------------------------------------------------------------------
MIRAE STANDARD TOOL
- ----------------------------------------------------------------------------------------------------------------------
1 TOOLS SET GREASE GUN GREASE GUN 1 SET
- ----------------------------------------------------------------------------------------------------------------------
2 WRENCH WRENCH 1 SET
- ----------------------------------------------------------------------------------------------------------------------
3 TOOL SCREWDRIVER(+) SCREWDRIVER(+) 1 EA
- ----------------------------------------------------------------------------------------------------------------------
4 SCREWDRIVER(-) SCREWDRIVER(-) 1 EA
- ----------------------------------------------------------------------------------------------------------------------
CONTROL PART
- ----------------------------------------------------------------------------------------------------------------------
1 SOFTWARE INSTALLATION 1 SET
MIDIA
- ----------------------------------------------------------------------------------------------------------------------
2 SMEMA CABLES 1 SET
- ----------------------------------------------------------------------------------------------------------------------
3 LOGO DEALS 1 SET
- ----------------------------------------------------------------------------------------------------------------------
4 POWER CORD 1 SET
- ----------------------------------------------------------------------------------------------------------------------
5 CONNECTORS 1 SET
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------
MODEL MPS-1050M UNIT : SPARE PARTS
CONTROL PART ----------- 1999.
5.10.
- ----------------------------------------------------------------------------------------------------
NO. NAME SPEC.(DWG.NO) Q'TY UNIT COST UNIT L/TIME REMARK
LEVEL
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
1 Power Box Assy MPS-1050 1 ea ******* ******* 3 weeks
- --------------------------------------------------------------------------------------------------------------------------------
2 Connector MS3108A20- 1 ea ******* ******* "
19S (Angle Type)
- ---------------------------------------------------------------------------------------------------------------------------------
3 Connector MS3108A28-20P 1 ea ******* ******* "
- ---------------------------------------------------------------------------------------------------------------------------------
4 Connector GCK-16-4P 1 ea ******* ******* "
- ---------------------------------------------------------------------------------------------------------------------------------
5 Connector GCK-20-4P 1 ea ******* ******* "
- ---------------------------------------------------------------------------------------------------------------------------------
6 Connector GCR06A25-24P 1 ea ******* ******* "
- ---------------------------------------------------------------------------------------------------------------------------------
7 Connector MS3102A20-19P 1 ea ******* ******* "
- ---------------------------------------------------------------------------------------------------------------------------------
8 Connector MS3108A20-19S 1 ea ******* ******* "
- ---------------------------------------------------------------------------------------------------------------------------------
10 TRANSFORMER 220V/220V, 50/60Hz 1 ea ******* ******* "
1PHASE
- ---------------------------------------------------------------------------------------------------------------------------------
11 BREAKER ABS 32a-30A 1 ea ******* ******* "
- ---------------------------------------------------------------------------------------------------------------------------------
12 SWITCH P1-25/EA/SUB/HI11 1 ea ******* ******* "
- ---------------------------------------------------------------------------------------------------------------------------------
13 KEY SWITCH RS/K20 (2a) 1 ea ******* ******* "
- ---------------------------------------------------------------------------------------------------------------------------------
14 FUSE DCP-21HI-030HGS 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
15 EMG. SWiTCH ARE4R-12R 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
16 PLUG POWER ENTRY 1 ea ******* ******* "
PLUG (FEMALE)
- --------------------------------------------------------------------------------------------------------------------------------
17 Tower Lamp HY-T-24-3(5W) 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
18 Melody Box 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
19 MAU 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
20 Conveyor Board 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
21 Main Board KVME041 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
22 Axis Board MRC(2SLOT) 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
23 Servo Amp 750W 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
24 Servo Amp 400W 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
25 Servo Amp 200W 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
26 Servo Amp 100W 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
27 Servo Amp 50W(Single) 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
28 Servo Amp 20W(2?/1set) 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
29 NX02 NX02 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
30 Serial Board KVME308 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
31 I/O Board NX12 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
32 STEP MOTOR Controller NX03S B/D 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
33 STEP Motor Driver DCSMD2 U240 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
35 VME Rack 7U19Slot
(J1-15, J2-8) 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
36 Feeder Interface Board 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
37 SLTA 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
38 PC HUB Station 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
39 LCD Monitor JY8000 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
40 Teaching Box 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
41 SWITCH LB-16SK(24V LED,GRN) 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
42 SWITCH LB-16SK(24V LED,RED) 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
43 SWITCH LB-16SK(24V LED,YEL) 1 ea ******* ******* "
- --------------------------------------------------------------------------------------------------------------------------------
44
- --------------------------------------------------------------------------------------------------------------------------------
45
- --------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Schedule 7
MIRAE'S BILL OF MATERIAL
See Attached Pages
* * * * * * * * * *
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------
APPENDIX 2
- --------------------------------------------------------------------------------
MPS - 1010 PARTS LIST STANDARD
- -------------------------------------------------------------------------------------------------------------
SUB-ASS'Y NAME SPEC.(ASS'Y NO) Q'TY UNIT L/T REMARK
(DAY)
A B C D
- -------------------------------------------------------------------------------------------------------------
MACHINE PART
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A Frame M00-1100000-00 1 SET 6
- -------------------------------------------------------------------------------------------------------------
B Control Bracket M00-1110000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B Main Air Bracket M00-1120000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
A XY Gantry M00-1200000-00 1 SET 40
- -------------------------------------------------------------------------------------------------------------
B Left Y Frame M00-1210000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B Right Y Frame M00-1220000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B Front Left Shoe M00-1230000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B Front Right Shoe M00-1240000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B Front X Frame M00-1250000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B Rear Left Shoe M00-1260000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B Rear Right Shoe M00-1270000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B Rear X Frame M00-1280000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B Head Plate (M8P0) M00-12A0000-00 2 SET
- -------------------------------------------------------------------------------------------------------------
A Conveyor M00-1300000-00 1 SET 30
- -------------------------------------------------------------------------------------------------------------
B Conveyor Body M00-1310000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Base Ass'y M00-1311000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
D Base Plate M00-1311100-00 1 SET
- -------------------------------------------------------------------------------------------------------------
D Moving Part7 M00-1311200-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Push Plate M00-1312000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Motor Pulley Set M00-1313000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Pulley Set M00-1314000-00 3 SET
- -------------------------------------------------------------------------------------------------------------
C Stopper M00-1315000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
D Stopper Cylinder M00-1315100-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Idler M00-1316000-00 4 SET
- -------------------------------------------------------------------------------------------------------------
B Sensor M00-1320000-00 2 SET
- -------------------------------------------------------------------------------------------------------------
B Pusher 1 M00-1330000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B Pusher 2 M00-1340000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B Limit Sensor M00-1350000-00 2 SET
- -------------------------------------------------------------------------------------------------------------
B Push Pin 1 M00-1360000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B Push Pin 2 M00-1370000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
A Feeder Base M00-1400000-00 2 SET 15
- -------------------------------------------------------------------------------------------------------------
B Swing Clamp Unit M00-1410000-00 2 SET
- -------------------------------------------------------------------------------------------------------------
B Base Unit M00-1420000-00 2 SET
- -------------------------------------------------------------------------------------------------------------
B Guide Bracket M00-1430000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
A ANC (Automatic Nozzle M00-1500000-00 2 SET 40
Changer)
- -------------------------------------------------------------------------------------------------------------
B ANC (M-Head) M00-1510000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Air Slide Table 1 M00-1511000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Air Slide Table 2 M00-1512000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Locker Ass'y 1 M00-1513000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
A Module Head M00-1600000-00 2 SET 40
- -------------------------------------------------------------------------------------------------------------
B M-Head Ass'y-8 M00-1610000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Head Block M00-1611000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
D Miniture Stroke M00-1611100-00 8 SET
- -------------------------------------------------------------------------------------------------------------
C H-Block C Ass'y M00-1612000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C N-Shaft Ass'y-A M00-1613000-00 4 SET
- -------------------------------------------------------------------------------------------------------------
D Vacuum Ass'y M00-1613100-00 1 SET
- -------------------------------------------------------------------------------------------------------------
D Bearing Pin Ass'y M00-1613200-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C N-Shaft Ass'y-B M00-1614000-00 4 SET
- -------------------------------------------------------------------------------------------------------------
D Vacuum Ass'y M00-1614100-00 1 SET
- -------------------------------------------------------------------------------------------------------------
D Bearing Pin Ass'y M00-1614200-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C L/S Ass'y 1 M00-1615000-00 2 SET
- -------------------------------------------------------------------------------------------------------------
C L/S Ass'y 2 M00-1616000-00 2 SET
- -------------------------------------------------------------------------------------------------------------
C R-Axis Ass'y M00-1617000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
D R-Pulley Ass'y-A M00-1617100-00 2 SET
- -------------------------------------------------------------------------------------------------------------
D R-Pulley Ass'y-B M00-1617200-00 2 SET
- -------------------------------------------------------------------------------------------------------------
D R-Pulley Ass'y-B1 M00-1617300-00 2 SET
- -------------------------------------------------------------------------------------------------------------
D R-Motor Ass'y M00-1617400-00 1 SET
- -------------------------------------------------------------------------------------------------------------
D Idle Ass'y M00-1617500-00 2 SET
- -------------------------------------------------------------------------------------------------------------
C Z-Axis Ass'y M00-1618000-00 2 SET
- -------------------------------------------------------------------------------------------------------------
D Z-Motor Ass'y M00-1618100-00 3 SET
- -------------------------------------------------------------------------------------------------------------
C V/G Ass'y M00-1619000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
A Vision M00-1900000-00 2 SET 60
- -------------------------------------------------------------------------------------------------------------
B Teaching Camera M00-1910000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B F&REAR 4 Head Each M00-1930000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
A Reel Support M00-1A00000-00 1 SET 10
- -------------------------------------------------------------------------------------------------------------
A Main Air M00-1B00000-00 1 SET 25
- -------------------------------------------------------------------------------------------------------------
A Cover M00-1C00000-00 1 SET 10
- -------------------------------------------------------------------------------------------------------------
B Cover frame M00-1C10000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B Cover bady M00-1C20000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
CONTROL PART
- -------------------------------------------------------------------------------------------------------------
B Power Box Harness 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
C Transformer 3P208.220.230-
240(9.6K),220(4K) 1 SET 3 WEEK
- ---------------------------------------------------------------------------------------------------
C 3P208.220.230-
240(6K),220(4K) 1 SET 3 WEEK
- ---------------------------------------------------------------------------------------------------
C 1P208.220.230-
240(4K),110(0.5A) 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
C Linear Amp. Power SMA-4A-0 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
B Cable Assy Harness 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
C VME Rack 7U22Slot(J1-21, J2-7) 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
C VME Rack 7U14Slot(J1-14, J2-7) 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
C VME Rack 7U17Slot(J1-17, J2-7) 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
C VME Rack 7U14Slot(J1-12, J2-7) 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
C VME Rack 7U14Slot(J1-14, J2-8) 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
C Linear Amp. SMA-8715(Y) 1 SET 6 WEEK
- -------------------------------------------------------------------------------------------------------------
C Linear Amp. SMA-8715(X) 1 SET 6 WEEK
- -------------------------------------------------------------------------------------------------------------
B Flat Cable Assy GSC-06-6037-00 1 SET 6 WEEK
- -------------------------------------------------------------------------------------------------------------
B Vision Harness 1 SET 6 WEEK
- -------------------------------------------------------------------------------------------------------------
C CCD CAMERA CS3720 1 SET 6 WEEK
- -------------------------------------------------------------------------------------------------------------
CCD CAMERA CS8420 1 SET 6 WEEK
- -------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------
MPS - 1010P PARTS LIST STANDARD
- --------------------------------------------------------------------------------------------------------
SUB-ASS'Y NAME SPEC.(ASS'Y NO) Q'TY UNIT L/T REMARK
(DAY)
A B C D
- --------------------------------------------------------------------------------------------------------
MACHINE PART
- --------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A Frame M00-1100000-00 1 SET 6
- --------------------------------------------------------------------------------------------------------
B Control Bracket M00-1110000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Main Air Bracket M00-1120000-00 1 SET
- -------------------------------------------------------------------------------------------------------
A XY Gantry M00-1200000-00 1 SET 40
- --------------------------------------------------------------------------------------------------------
B Left Y Frame M00-1210000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Right Y Frame M00-1220000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Front Left Shoe M00-1230000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Front Right Shoe M00-1240000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Front X Frame M00-1250000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Rear Left Shoe M00-1260000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Rear Right Shoe M00-1270000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Rear X Frame M00-1280000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Head Plate (M6P1) M00-1290000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Head Plate (M8P0) M00-12A0000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Conveyor M00-1300000-00 1 SET 30
- --------------------------------------------------------------------------------------------------------
B Conveyor Body M00-1310000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Base Ass'y M00-1311000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Base Plate M00-1311100-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Moving Part M00-1311200-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Push Plate M00-1312000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Motor Pulley Set M00-1313000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Pulley Set M00-1314000-00 3 SET
- --------------------------------------------------------------------------------------------------------
C Stopper M00-1315000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Stopper Cylinder M00-1315100-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Idler M00-1316000-00 4 SET
- --------------------------------------------------------------------------------------------------------
B Sensor M00-1320000-00 2 SET
- --------------------------------------------------------------------------------------------------------
B Pusher 1 M00-1330000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Pusher 2 M00-1340000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Limit Sensor M00-1350000-00 2 SET
- --------------------------------------------------------------------------------------------------------
B Push Pin 1 M00-1360000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Push Pin 2 M00-1370000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Feeder Base M00-1400000-00 2 SET 15
- --------------------------------------------------------------------------------------------------------
B Swing Clamp Unit M00-1410000-00 2 SET
- --------------------------------------------------------------------------------------------------------
B Base Unit M00-1420000-00 2 SET
- --------------------------------------------------------------------------------------------------------
B Guide Bracket M00-1430000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A ANC (Automatic Nozzle M00-1500000-00 1 SET 40
Changer)
- --------------------------------------------------------------------------------------------------------
B ANC (M-Head) M00-1510000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Air Slide Table 1 M00-1511000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Air Slide Table 2 M00-1512000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Locker Ass'y 1 M00-1512000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B ANC (P-Head) M00-1512000-00 1 SET Precsion
- --------------------------------------------------------------------------------------------------------
C Air Slide Table 1 M00-1521000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Air Slide Table 2 M00-1522000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Locker Ass'y 2 M00-1523000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Module Head M00-1600000-00 1 SET 40
- --------------------------------------------------------------------------------------------------------
B M-Head Ass'y-8 M00-1610000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Head Block M00-1611000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Miniture Stroke M00-1611100-00 8 SET
- --------------------------------------------------------------------------------------------------------
C H-Block C Ass'y M00-1612000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C N-Shaft Ass'y-A M00-1613000-00 4 SET
- --------------------------------------------------------------------------------------------------------
D Vacuum Ass'y M00-1613100-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Bearing Pin Ass'y M00-1613200-00 1 SET
- --------------------------------------------------------------------------------------------------------
C N-Shaft Ass'y-B M00-1614000-00 4 SET
- --------------------------------------------------------------------------------------------------------
D Vacuum Ass'y M00-1614100-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Bearing Pin Ass'y M00-1614200-00 1 SET
- --------------------------------------------------------------------------------------------------------
C L/S Ass'y 1 M00-1615000-00 2 SET
- --------------------------------------------------------------------------------------------------------
C L/S Ass'y 2 M00-1616000-00 2 SET
- --------------------------------------------------------------------------------------------------------
C R-Axis Ass'y M00-1617000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D R-Pulley Ass'y-A M00-1617100-00 2 SET
- --------------------------------------------------------------------------------------------------------
D R-Pulley Ass'y-B M00-1617200-00 2 SET
- --------------------------------------------------------------------------------------------------------
D R-Pulley Ass'y-B1 M00-1617300-00 2 SET
- --------------------------------------------------------------------------------------------------------
D R-Motor Ass'y M00-1617400-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Idle Ass'y M00-1617500-00 2 SET
- --------------------------------------------------------------------------------------------------------
C Z-Axis Ass'y M00-1618000-00 2 SET
- --------------------------------------------------------------------------------------------------------
D Z-Motor Ass'y M00-1618100-00 3 SET
- --------------------------------------------------------------------------------------------------------
C V/G Ass'y M00-1619000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B M-Head Ass'y-6 M00-1620000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Head Block M00-1621000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Miniture Stroke M00-1611100-00 6 SET
- --------------------------------------------------------------------------------------------------------
C H-Block C Ass'y M00-1622000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C N-Shaft Ass'y-A M00-1613000-00 3 SET
- --------------------------------------------------------------------------------------------------------
D Vacuum Ass'y M00-1613100-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Bearing Pin Ass'y M00-1613200-00 1 SET
- --------------------------------------------------------------------------------------------------------
C N-Shaft Ass'y-B M00-1614000-00 3 SET
- --------------------------------------------------------------------------------------------------------
D Vacuum Ass'y M00-1613100-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Bearing Pin Ass'y M00-1613200-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Z-Axis Ass'y M00-1623000-00 3 SET
- --------------------------------------------------------------------------------------------------------
D Z-Motor Ass'y M00-1623100-00 2 SET
- --------------------------------------------------------------------------------------------------------
C R-Axis Ass'y M00-1624000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D R-Motor Ass'y M00-1624100-00 1 SET
- --------------------------------------------------------------------------------------------------------
D R-Pulley Ass'y-A M00-1624200-00 2 SET
- --------------------------------------------------------------------------------------------------------
D R-Pulley Ass'y-B M00-1624300-00 2 SET
- --------------------------------------------------------------------------------------------------------
C L/S Ass'y 1 M00-1615000-00 3 SET
- --------------------------------------------------------------------------------------------------------
C L/S Ass'y 2 M00-1616000-00 3 SET
- --------------------------------------------------------------------------------------------------------
C V/G Ass'y M00-1625000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Precision Head M00-1700000-00 1 SET Precsion
- --------------------------------------------------------------------------------------------------------
B Precision Head RZ Axes M00-1710000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C R Axis Unit M00-1711000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Z Axis Unit M00-1712000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Stopper Bolt With M00-1720000-00 1 SET
Urethane
- --------------------------------------------------------------------------------------------------------
B Grease Supply Unit M00-1730000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Vision M00-1900000-00 2 SET 60
- --------------------------------------------------------------------------------------------------------
B Teaching Camera M00-1910000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B F&REAR 4 Head Each M00-1930000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Reel Support M00-1A00000-00 1 SET 10
- --------------------------------------------------------------------------------------------------------
A Main Air M00-1B00000-00 1 SET 25
- --------------------------------------------------------------------------------------------------------
A Cover M00-1C00000-00 1 SET 10
- --------------------------------------------------------------------------------------------------------
B Cover frame M00-1C10000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Cover bady M00-1C20000-00 1 SET
- --------------------------------------------------------------------------------------------------------
CONTROL PART
- --------------------------------------------------------------------------------------------------------
B Power Box Harness 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C Transformer 3P208.220.230-
240(9.6K),220(4K) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C 3P208.220.230-
240(6K),220(4K) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C 1P208.220.230-
240(4K),110(0.5A) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C Linear Amp. Power SMA-4A-0 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
B Cable Assy Harness 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U22Slot (J1-21, J2-7) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U14Slot (J1-14, J2-7) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U17Slot (J1-17, J2-7) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U14Slot (J1-12, J2-7) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U14Slot (J1-14, J2-8) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C Linear Amp. SMA-8715(Y) 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
C Linear Amp. SMA-8715(X) 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
B Flat Cable Assy GSC-06-6037-00 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
B Vision Harness 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
C CCD CAMERA CS3720 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
CCD CAMERA CS8420 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------
MPS - 1020 PARTS LIST STANDARD
- --------------------------------------------------------------------------------------------------------
SUB-ASS'Y NAME SPEC.(ASS'Y NO) Q'TY UNIT L/T REMARK
(DAY)
A B C D
- --------------------------------------------------------------------------------------------------------
MACHINE PART
- --------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A Frame M00-1100000-00 1 SET 6
- --------------------------------------------------------------------------------------------------------
B Control Bracket M00-1110000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Main Air Bracket M00-1120000-00 1 SET
- -------------------------------------------------------------------------------------------------------
A XY Gantry M00-1200000-00 1 SET 40
- --------------------------------------------------------------------------------------------------------
B Left Y Frame M00-1210000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Right Y Frame M00-1220000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Front Left Shoe M00-1230000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Front Right Shoe M00-1240000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Front X Frame M00-1250000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Head Plate (M8P0) M00-12A0000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Conveyor M00-1300000-00 1 SET 30
- --------------------------------------------------------------------------------------------------------
B Conveyor Body M00-1310000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Base Ass'y M00-1311000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Base Plate M00-1311100-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Moving Part M00-1311200-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Push Plate M00-1312000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Motor Pulley Set M00-1313000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Pulley Set M00-1314000-00 3 SET
- --------------------------------------------------------------------------------------------------------
C Stopper M00-1315000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Stopper Cylinder M00-1315100-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Idler M00-1316000-00 4 SET
- --------------------------------------------------------------------------------------------------------
B Sensor M00-1320000-00 2 SET
- --------------------------------------------------------------------------------------------------------
B Pusher 1 M00-1330000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Pusher 2 M00-1340000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Limit Sensor M00-1350000-00 2 SET
- --------------------------------------------------------------------------------------------------------
B Push Pin 1 M00-1360000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Push Pin 2 M00-1370000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Feeder Base M00-1400000-00 2 SET 15
- --------------------------------------------------------------------------------------------------------
B Swing Clamp Unit M00-1410000-00 2 SET
- --------------------------------------------------------------------------------------------------------
B Base Unit M00-1420000-00 2 SET
- --------------------------------------------------------------------------------------------------------
B Guide Bracket M00-1430000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A ANC (Automatic Nozzle M00-1500000-00 1 SET 40
Changer)
- --------------------------------------------------------------------------------------------------------
B ANC (M-Head) M00-1510000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Air Slide Table 1 M00-1511000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Air Slide Table 2 M00-1512000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Locker Ass'y 1 M00-1513000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Module Head M00-1600000-00 1 SET 40
- --------------------------------------------------------------------------------------------------------
B M-Head Ass'y-8 M00-1610000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Head Block M00-1611000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Miniture Stroke M00-1611100-00 8 SET
- --------------------------------------------------------------------------------------------------------
C H-Block C Ass'y M00-1612000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C N-Shaft Ass'y-A M00-1613000-00 4 SET
- --------------------------------------------------------------------------------------------------------
D Vacuum Ass'y M00-1613100-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Bearing Pin Ass'y M00-1613200-00 1 SET
- --------------------------------------------------------------------------------------------------------
C N-Shaft Ass'y-B M00-1614000-00 4 SET
- --------------------------------------------------------------------------------------------------------
D Vacuum Ass'y M00-1614100-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Bearing Pin Ass'y M00-1614200-00 1 SET
- --------------------------------------------------------------------------------------------------------
C L/S Ass'y 1 M00-1615000-00 2 SET
- --------------------------------------------------------------------------------------------------------
C L/S Ass'y 2 M00-1616000-00 2 SET
- --------------------------------------------------------------------------------------------------------
C R-Axis Ass'y M00-1617000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D R-Pulley Ass'y-A M00-1617100-00 2 SET
- --------------------------------------------------------------------------------------------------------
D R-Pulley Ass'y-B M00-1617200-00 2 SET
- --------------------------------------------------------------------------------------------------------
D R-Pulley Ass'y-B1 M00-1617300-00 2 SET
- --------------------------------------------------------------------------------------------------------
D R-Motor Ass'y M00-1617400-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Idle Ass'y M00-1617500-00 2 SET
- --------------------------------------------------------------------------------------------------------
C Z-Axis Ass'y M00-1618000-00 2 SET
- --------------------------------------------------------------------------------------------------------
D Z-Motor Ass'y M00-1618100-00 3 SET
- --------------------------------------------------------------------------------------------------------
C V/G Ass'y M00-1619000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Vision M00-1900000-00 1 SET 60
- --------------------------------------------------------------------------------------------------------
B Teaching Camera M00-1910000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B F&REAR 4 Head Each M00-1930000-00 2 SET
- --------------------------------------------------------------------------------------------------------
A Reel Support M00-1A00000-00 1 SET 10
- --------------------------------------------------------------------------------------------------------
A Main Air M00-1B00000-00 1 SET 25
- --------------------------------------------------------------------------------------------------------
A Cover M00-1C00000-00 1 SET 10
- --------------------------------------------------------------------------------------------------------
B Cover frame M00-1C10000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Cover bady M00-1C20000-00 1 SET
- --------------------------------------------------------------------------------------------------------
CONTROL PART
- --------------------------------------------------------------------------------------------------------
B Power Box Harness 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C Transformer 3P208.220.230-
240(9.6K),220(4K) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C 3P208.220.230-
240(6K),220(4K) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C 1P208.220.230-
240(4K),110(0.5A) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C Linear Amp. Power SMA-4A-0 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
B Cable Assy Harness 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U22Slot (J1-21, J2-7) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U14Slot (J1-14, J2-7) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U17Slot (J1-17, J2-7) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U14Slot (J1-12, J2-7) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U14Slot (J1-14, J2-8) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C Linear Amp. SMA-8715(Y) 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
C Linear Amp. SMA-8715(X) 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
B Flat Cable Assy GSC-06-6037-00 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
B Vision Harness 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
C CCD CAMERA CS3720 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
CCD CAMERA CS8420 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------
MPS - 1020P PARTS LIST STANDARD
- --------------------------------------------------------------------------------------------------------
SUB-ASS'Y NAME SPEC.(ASS'Y NO) Q'TY UNIT L/T REMARK
(DAY)
A B C D
- --------------------------------------------------------------------------------------------------------
MACHINE PART
- --------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A Frame M00-1100000-00 1 SET 6
- --------------------------------------------------------------------------------------------------------
B Control Bracket M00-1110000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Main Air Bracket M00-1120000-00 1 SET
- -------------------------------------------------------------------------------------------------------
A XY Gantry M00-1200000-00 1 SET 40
- --------------------------------------------------------------------------------------------------------
B Left Y Frame M00-1210000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Right Y Frame M00-1220000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Front Left Shoe M00-1230000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Front Right Shoe M00-1240000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Front X Frame M00-1250000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Head Plate (M6P1) M00-1290000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Conveyor M00-1300000-00 1 SET 30
- --------------------------------------------------------------------------------------------------------
B Conveyor Body M00-1310000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Base Ass'y M00-1311000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Base Plate M00-1311100-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Moving Part M00-1311200-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Push Plate M00-1312000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Motor Pulley Set M00-1313000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Pulley Set M00-1314000-00 3 SET
- --------------------------------------------------------------------------------------------------------
C Stopper M00-1315000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Stopper Cylinder M00-1315100-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Idler M00-1316000-00 4 SET
- --------------------------------------------------------------------------------------------------------
B Sensor M00-1320000-00 2 SET
- --------------------------------------------------------------------------------------------------------
B Pusher 1 M00-1330000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Pusher 2 M00-1340000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Limit Sensor M00-1350000-00 2 SET
- --------------------------------------------------------------------------------------------------------
B Push Pin 1 M00-1360000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Push Pin 2 M00-1370000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Feeder Base M00-1400000-00 2 SET 15
- --------------------------------------------------------------------------------------------------------
B Swing Clamp Unit M00-1410000-00 2 SET
- --------------------------------------------------------------------------------------------------------
B Base Unit M00-1420000-00 2 SET
- --------------------------------------------------------------------------------------------------------
B Guide Bracket M00-1430000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A ANC (Automatic Nozzle M00-1500000-00 1 SET 40
Changer)
- --------------------------------------------------------------------------------------------------------
B ANC (M-Head) M00-1510000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Air Slide Table 1 M00-1511000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Air Slide Table 2 M00-1512000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Locker Ass'y 1 M00-1513000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Module Head M00-1600000-00 1 SET 40
- --------------------------------------------------------------------------------------------------------
B M-Head Ass'y-6 M00-1620000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Head Block M00-1621000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Miniture Stroke M00-1611100-00 6 SET
- --------------------------------------------------------------------------------------------------------
C H-Block C Ass'y M00-1622000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C N-Shaft Ass'y-A M00-1613000-00 3 SET
- --------------------------------------------------------------------------------------------------------
D Vacuum Ass'y M00-1613100-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Bearing Pin Ass'y M00-1613200-00 1 SET
- --------------------------------------------------------------------------------------------------------
C N-Shaft Ass'y-B M00-1614000-00 3 SET
- --------------------------------------------------------------------------------------------------------
D Vacuum Ass'y M00-161100-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Bearing Pin Ass'y M00-1613100-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Z-Axis Ass'y M00-1623000-00 3 SET
- --------------------------------------------------------------------------------------------------------
D Z-Motor Ass'y M00-1623100-00 2 SET
- --------------------------------------------------------------------------------------------------------
C R-Axis Ass'y M00-1624000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D R-Motor Ass'y M00-1624100-00 1 SET
- --------------------------------------------------------------------------------------------------------
D R-Pulley Ass'y-A M00-1624200-00 2 SET
- --------------------------------------------------------------------------------------------------------
D R-Pulley Ass'y-B M00-1624300-00 2 SET
- --------------------------------------------------------------------------------------------------------
C L/S Ass'y 1 M00-1615000-00 3 SET
- --------------------------------------------------------------------------------------------------------
C L/S Ass'y 2 M00-1616000-00 3 SET
- --------------------------------------------------------------------------------------------------------
C V/G Ass'y M00-1625000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Precision Head M00-1700000-00 1 SET Precsion
- --------------------------------------------------------------------------------------------------------
B Precision Head RZ Axes M00-1710000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C R Axis Unit M00-1711000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Z Axis Unit M00-1712000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Stopper Bolt With M00-1720000-00 1 SET
Urethane
- --------------------------------------------------------------------------------------------------------
B Grease Supply Unit M00-1730000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Vision M00-1900000-00 1 SET 60
- --------------------------------------------------------------------------------------------------------
B Teaching Camera M00-1910000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B F&REAR 4 Head Each M00-1930000-00 2 SET
- --------------------------------------------------------------------------------------------------------
A Reel Support M00-1A00000-00 1 SET 10
- --------------------------------------------------------------------------------------------------------
A Main Air M00-1B00000-00 1 SET 25
- --------------------------------------------------------------------------------------------------------
A Cover M00-1C00000-00 1 SET 10
- --------------------------------------------------------------------------------------------------------
B Cover frame M00-1C10000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Cover bady M00-1C20000-00 1 SET
- --------------------------------------------------------------------------------------------------------
CONTROL PART
- --------------------------------------------------------------------------------------------------------
B Power Box Harness 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C Transformer 3P208.220.230-
240(9.6K),220(4K) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C 3P208.220.230-
240(6K),220(4K) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C 1P208.220.230-
240(4K),110(0.5A) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C Linear Amp. Power SMA-4A-0 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
B Cable Assy Harness 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U22Slot (J1-21, J2-7) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U14Slot (J1-14, J2-7) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U17Slot (J1-17, J2-7) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U14Slot (J1-12, J2-7) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U14Slot (J1-14, J2-8) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C Linear Amp. SMA-8715(Y) 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
C Linear Amp. SMA-8715(X) 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
B Flat Cable Assy GSC-06-6037-00 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
B Vision Harness 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
C CCD CAMERA CS3720 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
CCD CAMERA CS8420 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
MPS - 1030 PARTS LIST STANDARD
- -------------------------------------------------------------------------------------------------------------
SUB-ASS'Y NAME SPEC.(ASS'Y NO) Q'TY UNIT L/T REMARK
(DAY)
A B C D
- -------------------------------------------------------------------------------------------------------------
MACHINE PART
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A Frame M00-1100000-01 1 SET 6
- -------------------------------------------------------------------------------------------------------------
B Control Bracket M00-1110000-01 1 SET
- -------------------------------------------------------------------------------------------------------------
B Main Air Bracket M00-1120000-01 1 SET
- -------------------------------------------------------------------------------------------------------------
A XY Gantry M00-1200000-01 1 SET 40
- -------------------------------------------------------------------------------------------------------------
B Left Y Frame M00-1210000-01 1 SET
- -------------------------------------------------------------------------------------------------------------
B Right Y Frame M00-1220000-01 1 SET
- -------------------------------------------------------------------------------------------------------------
B Front Left Shoe M00-1230000-01 1 SET
- -------------------------------------------------------------------------------------------------------------
B Front Right Shoe M00-1240000-01 1 SET
- -------------------------------------------------------------------------------------------------------------
B Front X Frame M00-1250000-01 1 SET
- -------------------------------------------------------------------------------------------------------------
B Head Plate (M6P0) M00-1260000-01 1 SET
- -------------------------------------------------------------------------------------------------------------
A Conveyor M00-1300000-00 1 SET 30
- -------------------------------------------------------------------------------------------------------------
B Conveyor Body M00-1310000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Base Ass'y M00-1311000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
D Base Plate M00-1311100-00 1 SET
- -------------------------------------------------------------------------------------------------------------
D Moving Part7 M00-1311200-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Push Plate M00-1312000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Motor Pulley Set M00-1313000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Pulley Set M00-1314000-00 3 SET
- -------------------------------------------------------------------------------------------------------------
C Stopper M00-1315000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
D Stopper Cylinder M00-1315100-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Idler M00-1316000-00 4 SET
- -------------------------------------------------------------------------------------------------------------
B Sensor M00-1320000-00 2 SET
- -------------------------------------------------------------------------------------------------------------
B Pusher 1 M00-1330000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B Pusher 2 M00-1340000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B Limit Sensor M00-1350000-00 2 SET
- -------------------------------------------------------------------------------------------------------------
B Push Pin 1 M00-1360000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B Push Pin 2 M00-1370000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
A Feeder Base M00-1400000-00 2 SET 15
- -------------------------------------------------------------------------------------------------------------
B Swing Clamp Unit M00-1410000-00 2 SET
- -------------------------------------------------------------------------------------------------------------
B Base Unit M00-1420000-00 2 SET
- -------------------------------------------------------------------------------------------------------------
B Guide Bracket M00-1430000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
A ANC (Automatic Nozzle M00-1500000-00 1 SET 40
Changer)
- -------------------------------------------------------------------------------------------------------------
B ANC (M-Head) M00-1510000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Air Slide Table 1 M00-1511000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Air Slide Table 2 M00-1512000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Locker Ass'y 1 M00-1513000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
A Module Head M00-1600000-00 1 SET 40
- -------------------------------------------------------------------------------------------------------------
B M-Head Ass'y-6 M00-1620000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Head Block M00-1621000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
D Miniture Stroke M00-1611100-00 6 SET
- -------------------------------------------------------------------------------------------------------------
C H-Block C Ass'y M00-1612000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C N-Shaft Ass'y-A M00-1613000-00 3 SET
- -------------------------------------------------------------------------------------------------------------
D Vacuum Ass'y M00-1613100-00 1 SET
- -------------------------------------------------------------------------------------------------------------
D Bearing Pin Ass'y M00-1613200-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C N-Shaft Ass'y-B M00-1614000-00 3 SET
- -------------------------------------------------------------------------------------------------------------
D Vacuum Ass'y M00-1613100-00 1 SET
- -------------------------------------------------------------------------------------------------------------
D Bearing Pin Ass'y M00-1613200-00 1 SET
- -------------------------------------------------------------------------------------------------------------
C Z-Axis Ass'y M00-1623000-00 3 SET
- --------------------------------------------------------------------------------------------------------
D Z-Motor Ass'y M00-1623100-00 2 SET
- --------------------------------------------------------------------------------------------------------
C R-Axis Ass'y M00-1624000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D R-Motor Ass'y M00-1624100-00 1 SET
- --------------------------------------------------------------------------------------------------------
D R-Pulley Ass'y-A M00-1624200-00 2 SET
- --------------------------------------------------------------------------------------------------------
D R-Pulley Ass'y-B M00-1624300-00 2 SET
- --------------------------------------------------------------------------------------------------------
C L/S Ass'y 1 M00-1615000-00 3 SET
- -------------------------------------------------------------------------------------------------------------
C L/S Ass'y 2 M00-1616000-00 3 SET
- -------------------------------------------------------------------------------------------------------------
C V/G Ass'y M00-1625000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
A Vision M00-1900000-00 1 SET 60
- -------------------------------------------------------------------------------------------------------------
B Teaching Camera M00-1910000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B F&REAR 3 Head Each M00-1920000-00 2 SET
- -------------------------------------------------------------------------------------------------------------
A Reel Support M00-1A00000-00 1 SET 10
- -------------------------------------------------------------------------------------------------------------
A Main Air M00-1B00000-00 1 SET 25
- -------------------------------------------------------------------------------------------------------------
A Cover M00-1C00000-00 1 SET 10
- -------------------------------------------------------------------------------------------------------------
B Cover frame M00-1C10000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
B Cover bady M00-1C20000-00 1 SET
- -------------------------------------------------------------------------------------------------------------
CONTROL PART
- -------------------------------------------------------------------------------------------------------------
B Power Box Harness 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
C Transformer 3P208.220.230-
240(9.6K),220(4K) 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
C 3P208.220.230-
240(6K),220(4K) 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
C 1P208.220.230-
240(4K),110(0.5A) 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
C Linear Amp. Power SMA-4A-0 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
B Cable Assy Harness 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
C VME Rack 7U22Slot(J1-21, J2-7) 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
C VME Rack 7U14Slot(J1-14, J2-7) 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
C VME Rack 7U17Slot(J1-17, J2-7) 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
C VME Rack 7U14Slot(J1-12, J2-7) 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
C VME Rack 7U14Slot(J1-14, J2-8) 1 SET 3 WEEK
- -------------------------------------------------------------------------------------------------------------
C Linear Amp. SMA-8715(Y) 1 SET 6 WEEK
- -------------------------------------------------------------------------------------------------------------
C Linear Amp. SMA-8715(X) 1 SET 6 WEEK
- -------------------------------------------------------------------------------------------------------------
B Flat Cable Assy GSC-06-6037-00 1 SET 6 WEEK
- -------------------------------------------------------------------------------------------------------------
B Vision Harness 1 SET 6 WEEK
- -------------------------------------------------------------------------------------------------------------
C CCD CAMERA CS3720 1 SET 6 WEEK
- -------------------------------------------------------------------------------------------------------------
CCD CAMERA CS8420 1 SET 6 WEEK
- -------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------
MPS - 1030P PARTS LIST STANDARD
- --------------------------------------------------------------------------------------------------------
SUB-ASS'Y NAME SPEC.(ASS'Y NO) Q'TY UNIT L/T REMARK
(DAY)
A B C D
- --------------------------------------------------------------------------------------------------------
MACHINE PART
- --------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A Frame M00-1100000-01 1 SET 6
- --------------------------------------------------------------------------------------------------------
B Control Bracket M00-1110000-01 1 SET
- --------------------------------------------------------------------------------------------------------
B Main Air Bracket M00-1120000-01 1 SET
- -------------------------------------------------------------------------------------------------------
A XY Gantry M00-1200000-01 1 SET 40
- --------------------------------------------------------------------------------------------------------
B Left Y Frame M00-1210000-01 1 SET
- --------------------------------------------------------------------------------------------------------
B Right Y Frame M00-1220000-01 1 SET
- --------------------------------------------------------------------------------------------------------
B Front Left Shoe M00-1230000-01 1 SET
- --------------------------------------------------------------------------------------------------------
B Front Right Shoe M00-1240000-01 1 SET
- --------------------------------------------------------------------------------------------------------
B Front X Frame M00-1250000-01 1 SET
- --------------------------------------------------------------------------------------------------------
B Head Plate (M4P1) M00-1270000-01 1 SET
- --------------------------------------------------------------------------------------------------------
A Conveyor M00-1300000-00 1 SET 30
- --------------------------------------------------------------------------------------------------------
B Conveyor Body M00-1310000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Base Ass'y M00-1311000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Base Plate M00-1311100-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Moving Part M00-1311200-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Push Plate M00-1312000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Motor Pulley Set M00-1313000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Pulley Set M00-1314000-00 3 SET
- --------------------------------------------------------------------------------------------------------
C Stopper M00-1315000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Stopper Cylinder M00-1315100-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Idler M00-1316000-00 4 SET
- --------------------------------------------------------------------------------------------------------
B Sensor M00-1320000-00 2 SET
- --------------------------------------------------------------------------------------------------------
B Pusher 1 M00-1330000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Pusher 2 M00-1340000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Limit Sensor M00-1350000-00 2 SET
- --------------------------------------------------------------------------------------------------------
B Push Pin 1 M00-1360000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Push Pin 2 M00-1370000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Feeder Base M00-1400000-00 2 SET 15
- --------------------------------------------------------------------------------------------------------
B Swing Clamp Unit M00-1410000-00 2 SET
- --------------------------------------------------------------------------------------------------------
B Base Unit M00-1420000-00 2 SET
- --------------------------------------------------------------------------------------------------------
B Guide Bracket M00-1430000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A ANC (Automatic Nozzle M00-1500000-00 1 SET 40
Changer)
- --------------------------------------------------------------------------------------------------------
B ANC (M-Head) M00-1510000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Air Slide Table 1 M00-1511000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Air Slide Table 2 M00-1512000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Locker Ass'y 1 M00-1513000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B ANC (P-Head) M00-1520000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Air Slide Table 1 M00-1521000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Air Slide Table 2 M00-1522000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Locker Ass'y 2 M00-1523000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Module Head M00-1600000-00 1 SET 40
- --------------------------------------------------------------------------------------------------------
B M-Head Ass'y-4 M00-1630000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Head Block M00-1631000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Miniture Stroke M00-1611100-00 4 SET
- --------------------------------------------------------------------------------------------------------
C H-Block C Ass'y M00-1632000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C N-Shaft Ass'y-A M00-1613000-00 2 SET
- --------------------------------------------------------------------------------------------------------
D Vacuum Ass'y M00-1613100-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Bearing Pin Ass'y M00-1613200-00 1 SET
- --------------------------------------------------------------------------------------------------------
C N-Shaft Ass'y-B M00-1614000-00 2 SET
- --------------------------------------------------------------------------------------------------------
D Vacuum Ass'y M00-1613100-00 1 SET
- --------------------------------------------------------------------------------------------------------
D Bearing Pin Ass'y M00-1613200-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Z-Axis Ass'y M00-1633000-00 2 SET
- --------------------------------------------------------------------------------------------------------
D Z-Motor Ass'y M00-1633100-00 2 SET
- --------------------------------------------------------------------------------------------------------
C R-Axis Ass'y M00-1634000-00 1 SET
- --------------------------------------------------------------------------------------------------------
D R-Motor Ass'y M00-1634100-00 1 SET
- --------------------------------------------------------------------------------------------------------
D R-Pulley Ass'y-A M00-1634200-00 2 SET
- --------------------------------------------------------------------------------------------------------
D R-Pulley Ass'y-B M00-1634300-00 2 SET
- --------------------------------------------------------------------------------------------------------
C L/S Ass'y 1 M00-1615000-00 2 SET
- --------------------------------------------------------------------------------------------------------
C L/S Ass'y 2 M00-1616000-00 2 SET
- --------------------------------------------------------------------------------------------------------
C V/G Ass'y M00-1635000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Precision Head M00-1700000-00 1 SET Precsion
- --------------------------------------------------------------------------------------------------------
B Precision Head RZ Axes M00-1710000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C R Axis Unit M00-1711000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Z Axis Unit M00-1712000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Stopper Bolt With M00-1720000-00 1 SET
Urethane
- --------------------------------------------------------------------------------------------------------
B Grease Supply Unit M00-1730000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Vision M00-1900000-00 1 SET 60
- --------------------------------------------------------------------------------------------------------
B Teaching Camera M00-1910000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B F&REAR 4 Head Each M00-1920000-00 2 SET
- --------------------------------------------------------------------------------------------------------
A Reel Support M00-1A00000-00 1 SET 10
- --------------------------------------------------------------------------------------------------------
A Main Air M00-1B00000-00 1 SET 25
- --------------------------------------------------------------------------------------------------------
A Cover M00-1C00000-00 1 SET 10
- --------------------------------------------------------------------------------------------------------
B Cover frame M00-1C10000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Cover bady M00-1C20000-00 1 SET
- --------------------------------------------------------------------------------------------------------
CONTROL PART
- --------------------------------------------------------------------------------------------------------
B Power Box Harness 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C Transformer 3P208.220.230-
240(9.6K),220(4K) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C 3P208.220.230-
240(6K),220(4K) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C 1P208.220.230-
240(4K),110(0.5A) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C Linear Amp. Power SMA-4A-0 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
B Cable Assy Harness 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U22Slot (J1-21, J2-7) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U14Slot (J1-14, J2-7) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U17Slot (J1-17, J2-7) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U14Slot (J1-12, J2-7) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C VME Rack 7U14Slot (J1-14, J2-8) 1 SET 3WEEK
- --------------------------------------------------------------------------------------------------------
C Linear Amp. SMA-8715(Y) 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
C Linear Amp. SMA-8715(X) 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
B Flat Cable Assy GSC-06-6037-00 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
B Vision Harness 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
C CCD CAMERA CS3720 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
CCD CAMERA CS8420 1 SET 6WEEK
- --------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------
MPS - 1050M PARTS LIST STANDARD
- --------------------------------------------------------------------------------------------------------
SUB-ASS'Y NAME SPEC.(ASS'Y NO) Q'TY UNIT L/T REMARK
(DAY)
A B C D
- --------------------------------------------------------------------------------------------------------
MACHINE PART
- --------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A Frame P11-0101000-00 1 SET 6
- --------------------------------------------------------------------------------------------------------
A XY Gantry P11-0201000-00 1 SET 40
- --------------------------------------------------------------------------------------------------------
B Y FRAME P11-0201001-00 1 SET
- --------------------------------------------------------------------------------------------------------
C DRIVING MOTOR P11-0201002-00 1 SET
- --------------------------------------------------------------------------------------------------------
B X FRAME P11-0202001-00 1 SET
- --------------------------------------------------------------------------------------------------------
C DIRVING MOTOR P11-0202005-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Head Plate (M8P0) M00-12A0000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Conveyor P11-0500000-00 1 SET 30
- --------------------------------------------------------------------------------------------------------
B PLATE ASS'Y P11-0501000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C BOTTOM BASE PLATE ASS'Y P11-0511000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C FRONT PLATE ASS'Y P11-0512000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C REAR PLATE ASS'Y P11-0513000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C MOTOR ASS'Y P11-0514000-00 6 SET
- --------------------------------------------------------------------------------------------------------
B PUSH UP ASS'Y P11-0502000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C PUSHING PLATE P11-0521000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C CLAMP ASS'Y P11-0522000-00 2 SET
- --------------------------------------------------------------------------------------------------------
C PUSHER P11-0523000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C PUSHER P11-0524000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C FINE HEIGHT ADJUSTER P11-05250000-00 1 SET
ASS'Y
- --------------------------------------------------------------------------------------------------------
C FINE HEIGHT ADJUSTER P11-05260000-00 1 SET
ASS'Y
- --------------------------------------------------------------------------------------------------------
B STOPPER P11-0533000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C STOPPER ASS'Y P11-0532000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B MIDDLE ADJUSTER ASS'Y P11-0504000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C BALL SCREW ASS'Y P11-0541000-00 2 SET
- --------------------------------------------------------------------------------------------------------
C BALL SCREW ASS'Y P11-0542000-00 2 SET
- --------------------------------------------------------------------------------------------------------
C MOTOR ASS'Y P11-0543000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Feeder Base P11-0600000-00 1 SET 15
- --------------------------------------------------------------------------------------------------------
A ANC (Automatic Nozzle P11-0901000-00 1 SET 40
Changer)
- --------------------------------------------------------------------------------------------------------
B ANC (P-Head) M00-1520000-00 1 SET Precsion
- --------------------------------------------------------------------------------------------------------
C Air Slide Table 1 M00-1521000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Air Slide Table 2 M00-1522000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Locker Ass'y 2 M00-1523000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Module Head P11-0308000-00 1 SET 40
- --------------------------------------------------------------------------------------------------------
B M-Head Ass'y-8 M00-1610000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Head Block M00-1611000-00 1 SET
- --------------------------------------------------------------------------------------------------------
Miniture Stroke M00-1611100-00 8 SET
- --------------------------------------------------------------------------------------------------------
C H-Block C Ass'y M00-1612000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C N-Shaft Ass'y-A M00-1613000-00 4 SET
- --------------------------------------------------------------------------------------------------------
Vacuum Ass'y M00-1613100-00 1 SET
- --------------------------------------------------------------------------------------------------------
Bearing Pin Ass'y M00-1613200-00 1 SET
- --------------------------------------------------------------------------------------------------------
C N-Shaft Ass'y-B M00-1614000-00 4 SET
- --------------------------------------------------------------------------------------------------------
Vacuum Ass'y M00-1614100-00 1 SET
- --------------------------------------------------------------------------------------------------------
Bearing Pin Ass'y M00-1614200-00 1 SET
- --------------------------------------------------------------------------------------------------------
C L/S Ass'y 1 M00-1615000-00 2 SET
- --------------------------------------------------------------------------------------------------------
C L/S Ass'y 2 M00-1616000-00 2 SET
- --------------------------------------------------------------------------------------------------------
C R-Axis Ass'y M00-1617000-00 1 SET
- --------------------------------------------------------------------------------------------------------
R-Pulley Ass'y-A M00-1617100-00 2 SET
- --------------------------------------------------------------------------------------------------------
R-Pulley Ass'y-B M00-1617200-00 2 SET
- --------------------------------------------------------------------------------------------------------
R-Pulley Ass'y-B1 M00-1617300-00 2 SET
- --------------------------------------------------------------------------------------------------------
R-Motor Ass'y M00-1617400-00 1 SET
- --------------------------------------------------------------------------------------------------------
Idle Ass'y M00-1617500-00 2 SET
- --------------------------------------------------------------------------------------------------------
C Z-Axis Ass'y M00-1618000-00 2 SET
- --------------------------------------------------------------------------------------------------------
Z-Motor Ass'y M00-1618100-00 3 SET
- --------------------------------------------------------------------------------------------------------
C V/G Ass'y M00-1619000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B LEFT BASE P11-0308100-00 1 SET
- --------------------------------------------------------------------------------------------------------
B RIGHT BASE P11-0308200-00 1 SET
- --------------------------------------------------------------------------------------------------------
C FIRST Z-R PART P11-0305200-00 1 SET
- --------------------------------------------------------------------------------------------------------
C SECOND Z-R PART P11-0305300-00 1 SET
- --------------------------------------------------------------------------------------------------------
C THIRD Z-R PART P11-0305400-00 1 SET
- --------------------------------------------------------------------------------------------------------
C FOURTH Z-R PART P11-0305500-00 1 SET
- --------------------------------------------------------------------------------------------------------
C VARIABLE PITCH ACTUAL P11-0302200-00 1 SET
PART
- --------------------------------------------------------------------------------------------------------
C CAMREA PART FOR OFFSET P11-0405000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C VACCUM PART P11-0304000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C L/S Ass'y 1 P11-0308300-00 1 SET
- --------------------------------------------------------------------------------------------------------
C L/S Ass'y 2 P11-0308400-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Precision Head M00-1700000-00 1 SET Precsion
- --------------------------------------------------------------------------------------------------------
B Precision Head RZ Axes M00-1710000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C R Axis Unit M00-1711000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Z Axis Unit M00-1712000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Stopper Bolt With M00-1720000-00 1 SET
Urethane
- --------------------------------------------------------------------------------------------------------
B Grease Supply Unit M00-1730000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B F&REAR 4 Head Each M00-1930000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Cover P11-01A0000-00 1 SET 10
- --------------------------------------------------------------------------------------------------------
A Camera P11-0401000-00 2 SET 10
- --------------------------------------------------------------------------------------------------------
A Tray Feeder P11-0700000-00 1 SET 40
- --------------------------------------------------------------------------------------------------------
B Elevator Ass'y P11-0730000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Elevator P11-0732000-00 5 SET
- --------------------------------------------------------------------------------------------------------
B Transfer Ass'y P11-0740000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Transfer Base P11-0741000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Transfer Plate P11-0742000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Up down Plate-Ass'y P11-0750000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Up down Plate-Base P11-0751000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Up down Plate-Ass'y P11-0752000-00 4 SET
- --------------------------------------------------------------------------------------------------------
B Cover Plate P11-0743000-00 1 SET
CONTROL PART
- --------------------------------------------------------------------------------------------------------
B Power Box Assy MPS-1050 1 ea
- --------------------------------------------------------------------------------------------------------
C Power Box Assy 1 ea
- --------------------------------------------------------------------------------------------------------
D Connector MS3102A20-19P 1 ea
- ---------------------------------------------------------------------------------------------------------
D Connector MS3102A28-20S 1 ea
- ---------------------------------------------------------------------------------------------------------
D Connector GCK-16-4R 1 ea
- ---------------------------------------------------------------------------------------------------------
D Connector GCK-20-4R 1 ea
- ---------------------------------------------------------------------------------------------------------
D Connector GCR02A25-24S 2 ea
- ---------------------------------------------------------------------------------------------------------
D Connector HIF3C-20D-2.54C 2 ea
- ---------------------------------------------------------------------------------------------------------
D Connector 35156-0800 2 ea
- ---------------------------------------------------------------------------------------------------------
D Connector 35155-0600 8 ea
- ---------------------------------------------------------------------------------------------------------
D Connector AC1105-50M 2 ea
- ---------------------------------------------------------------------------------------------------------
D NOISE FILTER SUP-E30HCM 1 ea
- ---------------------------------------------------------------------------------------------------------
D Terminal Block KH-6020-8 2 ea
- ---------------------------------------------------------------------------------------------------------
D Contact Breaker DCP52BH-250ALW 1 ea
- ---------------------------------------------------------------------------------------------------------
D SSR WK-1240N 1 ea
- ---------------------------------------------------------------------------------------------------------
D SSR WK-02200SQN 1 ea
- ---------------------------------------------------------------------------------------------------------
D RELAY KH-103-2C 1 ea
- ---------------------------------------------------------------------------------------------------------
D RELAY SOCKET KH-RS-14-8 1 ea
- ---------------------------------------------------------------------------------------------------------
D SMPS ELF1500-24 1 ea
- ---------------------------------------------------------------------------------------------------------
D SMPS LN75-12 1 ea
- ---------------------------------------------------------------------------------------------------------
D SMPS USF15-05 1 ea
- ---------------------------------------------------------------------------------------------------------
D INDICATOR TN-32 2 ea
- ---------------------------------------------------------------------------------------------------------
D FAN DP201A 1 ea
- ---------------------------------------------------------------------------------------------------------
D PLUG POWER ENTRY PLUG(FEMALE) 2 ea
- --------------------------------------------------------------------------------------------------------
B Connector MS3108A20-19S(Angle 1 ea
Type)
- --------------------------------------------------------------------------------------------------------
B Connector MS3108A28-20P 1 ea
- --------------------------------------------------------------------------------------------------------
B Connector GCK-16-4P 1 ea
- --------------------------------------------------------------------------------------------------------
B Connector GCK-20-4P 1 ea
- --------------------------------------------------------------------------------------------------------
B Connector GCR06A25-24P 2 ea
- --------------------------------------------------------------------------------------------------------
B Connector MS3102A20-19P 1 ea
- --------------------------------------------------------------------------------------------------------
B Connector MS3108A20-19S 1 ea
- --------------------------------------------------------------------------------------------------------
B TRANSFORMER 220V/220V, 50/60Hz 1 ea
1PHASE
- --------------------------------------------------------------------------------------------------------
B BREAKER ABS 32a-30A 1 ea
- --------------------------------------------------------------------------------------------------------
B SWITCH P1-25/EA/SUB/HI11 1 ea
- --------------------------------------------------------------------------------------------------------
B KEY SWITCH RS/K20 (2a) 1 ea
- --------------------------------------------------------------------------------------------------------
B FUSE DCP-21HI-030HGS 2 ea
- --------------------------------------------------------------------------------------------------------
B EMG. SWiTCH ARE4R-12R 2 ea
- --------------------------------------------------------------------------------------------------------
B PLUG POWER ENTRY PLUG(FEMALE) 2 ea
- --------------------------------------------------------------------------------------------------------
B Tower Lamp HY-T-24-3(5W) 1 ea
- --------------------------------------------------------------------------------------------------------
B Melody Box 1 ea
- --------------------------------------------------------------------------------------------------------
B Flat Cable Assy GKA-1050-6037-SX1 1 ea
- --------------------------------------------------------------------------------------------------------
B Flat Cable Assy GKA-1050-6037-SX2 1 ea
- --------------------------------------------------------------------------------------------------------
B Cable Assy Harness 1 ea
- --------------------------------------------------------------------------------------------------------
B MAU 1 ea
- --------------------------------------------------------------------------------------------------------
B Conveyor Board 1 ea
- --------------------------------------------------------------------------------------------------------
C A'ssy P9802 1 ea
- --------------------------------------------------------------------------------------------------------
DPCB P9802 1 ea
- --------------------------------------------------------------------------------------------------------
DMicom PIC16C72-10/SP 3 ea
- --------------------------------------------------------------------------------------------------------
DDCDC Converter PP1R5-24-5 1 ea
- --------------------------------------------------------------------------------------------------------
B Main Board KVME041 1 ea
- --------------------------------------------------------------------------------------------------------
B Axis Board MRC(2SLOT) 4 ea
- --------------------------------------------------------------------------------------------------------
B Servo Amp 750W 2 ea
- --------------------------------------------------------------------------------------------------------
B Servo Amp 400W 1 ea
- --------------------------------------------------------------------------------------------------------
B Servo Amp 200W 1 ea
- --------------------------------------------------------------------------------------------------------
B Servo Amp 100W 1 ea
- --------------------------------------------------------------------------------------------------------
B Servo Amp 50W(Single) 1 ea
- --------------------------------------------------------------------------------------------------------
B Servo Amp 20W(2?/1set) 4 ea
- --------------------------------------------------------------------------------------------------------
B NX02 NX02 1 ea
- --------------------------------------------------------------------------------------------------------
B Serial Board KVME308 1 ea
- --------------------------------------------------------------------------------------------------------
B I/O Board NX12 1 ea
- --------------------------------------------------------------------------------------------------------
B STEP MOTOR Controller NX03S B/D 2 ea
- --------------------------------------------------------------------------------------------------------
B STEP Motor Driver DCSMD2 U240 5 ea
- --------------------------------------------------------------------------------------------------------
B VME Rack 7U19Slot(J1-15, J2-8) 1 ea
- --------------------------------------------------------------------------------------------------------
B J2 Jump Cable 2Slot 1 ea
- --------------------------------------------------------------------------------------------------------
B Feeder Interface Board 2 ea
- --------------------------------------------------------------------------------------------------------
B SLTA 1 ea
- --------------------------------------------------------------------------------------------------------
B PC HUB Station 1 ea
- --------------------------------------------------------------------------------------------------------
B LCD Monitor JY8000 1 ea
- --------------------------------------------------------------------------------------------------------
B Teaching Box 1 ea
- --------------------------------------------------------------------------------------------------------
B SWITCH LB-16SK(24V LED,GRN) 2 ea
- --------------------------------------------------------------------------------------------------------
B SWITCH LB-16SK(24V LED,RED) 2 ea
- --------------------------------------------------------------------------------------------------------
B SWITCH LB-16SK(24V LED,YEL) 2 ea
- --------------------------------------------------------------------------------------------------------
OPTION PART
- --------------------------------------------------------------------------------------------------------
B Foot Ass'y P11-0102000-00 1 SET
- --------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------
OPTION PARTS LIST STANDARD
LEVEL NAME SPEC.(ASS'Y NO) Q'TY UNIT L/T REMARK
- --------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
A Exchanger M00-2000000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Foot Ass'y M00-2100000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Arm Unit M00-2200000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C Shaft for Exchanger M00-2210000-00 2 SET
- --------------------------------------------------------------------------------------------------------
C Rack Pinion M00-2220000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B R-Support M00-2300000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C 254-Ass'y M00-2310000-00 1 SET
- --------------------------------------------------------------------------------------------------------
C 330-Ass'y M00-2320000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Intelligent Feeder M00-3000000-00 1 SET
- --------------------------------------------------------------------------------------------------------
B Reel Hanger M00-3100000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A CSP Camera M00-4000000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Stick Feeder M00-5000000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Shuttle M00-6000000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Tray Feeder Unit M00-7000000-00 1 SET
- --------------------------------------------------------------------------------------------------------
A Cutter M00-8000000-00 1 SET
- --------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Schedule 8
MIRAE'S ACCESSORIES PRICES AND LEAD-TIMES
(To be provided by MIRAE and attached by June 15, 1999)
* * * * * * * * * *
Schedule 8
MIRAE's Accessories, Prices and Lead-Times
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Accessory Price Lead-Time
- ----------------------------------------------------------------------------------------------------------------
Auto-Board Width Adjustment Feature for Meridian-1030 & ** 6 Weeks
Meridian-1030P Models (Note: Must be installed at Mirae Factory at Initial
System Production)
- ----------------------------------------------------------------------------------------------------------------
CSP Camera Option for Meridian-1010P, Meridian-1020P, and ** 6 Weeks
Meridian-1030P Models
- ----------------------------------------------------------------------------------------------------------------
20 Tray Feeder ** 6 Weeks
- ----------------------------------------------------------------------------------------------------------------
30 Tray Shuttle Feeder ** 6 Weeks
- ----------------------------------------------------------------------------------------------------------------
Feeder Exchange Cart ** 6 Weeks
- ----------------------------------------------------------------------------------------------------------------
Line Management Program (Site License) ** 6 Weeks
- ----------------------------------------------------------------------------------------------------------------
Tape Feeders
- ----------------------------------------------------------------------------------------------------------------
8mm ** 6 Weeks
- ----------------------------------------------------------------------------------------------------------------
12mm ** 6 Weeks
- ----------------------------------------------------------------------------------------------------------------
16mm ** 6 Weeks
- ----------------------------------------------------------------------------------------------------------------
24mm ** 6 Weeks
- ----------------------------------------------------------------------------------------------------------------
32mm ** 6 Weeks
- ----------------------------------------------------------------------------------------------------------------
44mm ** 6 Weeks
- ----------------------------------------------------------------------------------------------------------------
56mm ** 6 Weeks
- ----------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<CIK> 0000899823
<NAME> QUAD SYSTEMS CORPORATION
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-START> OCT-01-1998
<PERIOD-END> JUN-30-1999
<CASH> 5,654
<SECURITIES> 0
<RECEIVABLES> 10,064
<ALLOWANCES> 0
<INVENTORY> 17,327
<CURRENT-ASSETS> 34,694
<PP&E> 2,650
<DEPRECIATION> 3,553
<TOTAL-ASSETS> 37,361
<CURRENT-LIABILITIES> 14,562
<BONDS> 0
0
0
<COMMON> 134
<OTHER-SE> 21,380
<TOTAL-LIABILITY-AND-EQUITY> 37,361
<SALES> 33,413
<TOTAL-REVENUES> 33,413
<CGS> 25,720
<TOTAL-COSTS> 25,720
<OTHER-EXPENSES> 14,119
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 2,047
<INCOME-TAX> 6,638
<INCOME-CONTINUING> (6,426)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (4,591)
<EPS-BASIC> (1.04)
<EPS-DILUTED> (1.04)
</TABLE>
