SOURCE: Cascade Microtech

Cascade Microtech

March 10, 2015 15:00 ET

Cascade Microtech Introduces SourceOne™ - A Program to Maximize Investment in Test and Measurement Equipment

BEAVERTON, OR--(Marketwired - Mar 10, 2015) - Cascade Microtech, Inc. (NASDAQ: CSCD), a leading supplier of solutions that enable precision measurements of integrated circuits at the wafer level, today announced the launch of SourceOne, a new program offering Cascade Microtech certified used equipment for sale. SourceOne also comprises a trade-in/buy-back program to deliver the ultimate value to customers with underutilized probe system inventory.

According to a report from SEMI, new applications related to mobility, sensing, and Internet of Things (IoT) are expected to provide opportunities for manufacturers with 200 mm capacity. Investment in legacy fabs is important to manufacturing IoT devices and sensors. Seeking to reduce cost of ownership over the entire equipment life cycle, legacy fab managers must balance tight process and time-to-market requirements with limited capital and operational budgets to stay competitive with low-cost producers. A recent SEMI survey of the top 200 mm fab managers indicated that secondary equipment was the number one source for productivity improvements of the future. Fab consolidation has resulted in outdated equipment availability, posing opportunity but also some degree of risk to the buyer looking for a bargain. If reconditioned properly, however, the useful life of used equipment can be extended well over 10-15 years.

SourceOne brings Cascade Microtech's quality and industry-leading performance to the secondary equipment market. SourceOne offers a diverse inventory of completely reconditioned probe stations built by Cascade Microtech such as the M150, Summit™, PA200, or S300, as well as accessories like eVue™ microscopes and thermal systems. Many models are available for immediate shipment. All SourceOne equipment goes through a complete factory refurbishment to exacting Cascade Microtech standards. Parts are expertly reconditioned and, if applicable, the latest software is installed. SourceOne refurbished equipment offers proven performance, like-new condition and a factory warranty -- all at considerable savings.

"We have found yet another way to provide value to our customers, removing risk and reducing the price of their next capital purchase," said Michael Burger, President and CEO. "SourceOne positions us well to better meet the needs of our customers in a way that simply cannot be achieved by third-party equipment resellers or brokers."

Cascade Microtech probe stations and accessories can continue to yield investment dividends even after retirement from the lab. The SourceOne program lets customers capitalize on the equipment's residual value through trade-in and buy-back options. Cascade Microtech offers competitive market rates for used equipment based on the year, the model, and the condition of the equipment. The company will expedite the shipping process by sending a service engineer to prepare the equipment for return to the factory, and will even pay for the shipping and take care of all the paperwork.

Find out more by visiting www.cascademicrotech.com/sourceone.

About Cascade Microtech, Inc.
Cascade Microtech, Inc. (NASDAQ: CSCD) is a worldwide leader in precision contact, electrical measurement and test of integrated circuits (ICs), optical devices and other small structures. For technology businesses and scientific institutions that need to evaluate small structures, Cascade Microtech delivers access to electrical data from wafers, ICs, IC packages, circuit boards and modules, MEMS, 3D TSV, LED devices and more. Cascade Microtech's leading-edge stations, probes, probe cards, advanced thermal subsystems and integrated systems deliver precision accuracy and superior performance both in the lab and during production manufacturing of high-speed and high-density semiconductor chips. For more information visit www.cascademicrotech.com.

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