Avi-tech Electronics Limited - Annual Report 2015 - page 11

Conferred the prestigious Singapore
Quality Award
Successfully ventured into the US for
Burn-In Boards business and system
integration for the life sciences industry
Established subsidiary Avi-Tech, Inc. in
the US to meet the upsurge in demand
for Burn-In boards
Incorporated Avi-Tech Verde, Inc. in the
US (now known as Verde Designs, Inc.),
a design and manufacturing company
specialising in solid-state lighting
(“SSL”) solutions for industrial and
commercial sectors
Incorporated Aplegen, Inc. in the US
which acquired the business and assets,
including the intellectual property of the
Santa Barbara Instrument Group
(“SBIG”), a leading global supplier of
cameras and instrumentation for the
scientific community
Formed a new business segment, the
Imaging Equipment and Energy Efficient
Products business segment, comprising
Verde Designs, Inc. (“Verde”) and
Aplegen, Inc. (“Aplegen”)
Secured
our
first
front-end
semiconductor customer with the award
of a multi-million dollar contract for
system integration of lithography
equipment
Expanded our services to provide
distribution of third party Burn-In and
test-related equipment for use in the
semiconductor testing environment
and provided Test During Burn-In
services
Started a new project with Unisys
Corporation
which
significantly
expanded our engineering services in
the area of system integration of High
Power Burn-In Systems
Entered into an agreement with
another technology partner in system
integration of High Power Burn-In
Systems
Mainboard listing on the Singapore
Exchange Securities Trading Limited
Aplegen entered into a license
and supply agreement with
Labnet International, a leading
worldwide supplier of laboratory
equipment and a subsidiary of
Corning Incorporated, to develop,
manufacture and supply a line of
proprietary imaging systems
Aplegen launched two life
sciences products, the Enduro Gel
documentation system and the
Omega Lum G
SBIG launched our STF camera line
for both the astronomy and the life
sciences markets
Verde launched two new AC Driver
product lines, VeraDim and VeraWatt
Achieved conformance to Electronic
Industry Citizenship Coalition
(“EICC”) Code of Conduct
requirements and was invited by our
customer, IBM, to participate in their
Social Responsibility Programme
and benchmarking EICC Code of
Conduct standard
Diversified into the provision of
printed circuit board assembly
services for the medical, mobile and
aviation industries
Acquired new customers in the
Digital Imaging Systems space
2002
2007
2008
2011
2012
2015
09
AVI-TECH ELECTRONICS LIMITED
| ANNUAL REPORT 2015
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