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Eyelit Announces Record Growth and Profit for the Second Quarter of 2015 from its Manufacturing Execution (MES) and Quality Management (QMS) Software

Eyelit’s record revenues driven by continued global expansion and new plant purchases by enterprise customers

January 7, 2016 3:53 PM Eastern Standard Time
TORONTO--(BUSINESS WIRE)--Eyelit Inc., a manufacturing software provider for visibility, control, and coordination of manufacturing operations for the aerospace & defense, discrete electronics, life sciences, medical device, semiconductor, and photovoltaic (solar) industries, announced today record revenue growth for the second quarter of 2015, and a dramatic increase in its software license revenue.

“Eyelit is well positioned for continued and accelerated growth in 2016.”

Business Results

In the second quarter of 2015, Eyelit realized revenue growth in all key areas of business. Revenues from software licenses, professional services, and customer support grew by over 20% in comparison to the second quarter of 2014. The largest increase was attributed to the sales of software licenses with more than a 60% growth in revenue year over year. The increase was due in part to additional site purchases by enterprise customers, including a Global 100 Company. Eyelit also recognized the largest software sale in the company’s history in the second quarter. Regionally, North America was the biggest contributor to revenue growth, followed by Europe.

Eyelit’s 2016 User Conference

Eyelit's User Conference will be held June 7–9, 2016 at the Resort at Squaw Creek in Lake Tahoe, California. This collaborative event provides an opportunity for customers to connect with Eyelit’s partners and employees, share their unique success stories, and learn from a growing international group of industry peers. Some customers will share deployment success stories from a diverse spectrum of high-tech manufacturing industries, including semiconductor (ingots, EPI, front-end wafer fabrication, back-end assembly and test), MEMS, battery manufacturing, display and micro display, thin film, and solar. Case studies will be presented to demonstrate Eyelit’s continued success with legacy MES system migrations, notably recent conversions from WorkStream and SiView. Hands-on training labs that include new product demonstrations and best-practice strategies will provide valuable learning opportunities.

Eyelit is accepting abstracts for presentations from customers and partners. Sponsorship opportunities are also available. Updates regarding the agenda, registration, and accommodations will be posted on Eyelit’s conference website. For more information, email conference@eyelit.com.

"This was a great quarter for Eyelit," stated Dan Estrada, Eyelit’s Vice-President of Sales and Marketing. "Enterprise customers are increasing their adoption of Eyelit’s software. We have major deployment projects underway in Asia, Europe and North America. We also expect a significant revenue boost over the next few quarters from follow-on business with our large corporate customers. To support the increased global demand for our products, we have increased staff resources across our organization. Eyelit is well positioned for continued and accelerated growth in 2016."

About Eyelit Inc. (www.eyelit.com)

Eyelit Inc. is the leader in Manufacturing Execution and Quality Management (MES and QMS) solutions for visibility, control, and coordination of manufacturing operations for the aerospace & defense, electronics, life sciences, medical device, semiconductor, and solar industries. Eyelit uniquely delivers a broad set of manufacturing solutions, including Asset Management (Semi E10, SEMI PV2-0709), Dispatching, Factory Integration (Automation), Manufacturing Execution (MES/MOM), Recipe Management, Supply Chain Management, Quality Management (CAPA/OCAP/SPC/APC/RMA), and Business Process Management, that enable its customers to rapidly and cost-effectively optimize production and company processes.

With exceptional customer service, Eyelit has time and again proven that superior, innovative technology can maximize efficiency and value. More than 50 leading companies, including Ascent Solar, austriamicrosystems, CEA-Leti, CEITEC, eMagin, FLIR Systems, Freescale Semiconductor, Innovative Micro Technology (IMT), Kionix, Mentor Graphics, Murata Electronics Oy, PerkinElmer, Raytheon Company, SEMATECH, TowerJazz, Umicore, and X-FAB, rely on Eyelit as a trusted software partner. Follow Eyelit on LinkedIn and Twitter.

Contact
Eyelit Inc.
Colleen Mauthe
Tel: +1 905 502 6184
info@eyelit.com

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"Eyelit is one of a new breed of production management suppliers that "gets it" when it comes to plant software. This is what manufacturers need in order to enhance enterprise performance in real time."