Press Release

XwinSys Receives $300,000 Grant

Significant Progress in Bumps Inspection System for Semiconductor Manufacturing

December 1st 2014

XwinSys Ltd., announces that it has been awarded a third grant from the Office of the Chief Scientist of Israel for its “Wafer bumps inspection and measurement system”. The total grant to be received this year is US$300,000 and reflects approximately 50% of the total 2015 budget of over US$600,000 for the third year of research and development. This third grant increases the total grants received from the Office of the Chief Scientist to US$701,000. XwinSys designs, manufactures and markets novel solutions based on a synergistic combination of Energy-Dispersive X-Ray Fluorescence (“EDXRF”) and automated 3D image processing technologies for the semiconductor and related microelectronics industries.

XwinSys is currently at a stage of performing advanced demo applications for its prospective semiconductor customers including several of the largest global companies. Demonstrations are performed on the XwinSys 100 system which was the major milestone accomplishment of last year’s development efforts. The XwinSys solution is a new inspection approach for evolving test and metrology requirements of the industry and will first serve the semiconductor and microelectronics markets with additional verification applications currently being assessed by XwinSys.

“Eurocontrol is proud of the grant award for a third consecutive year from the Chief Scientist’s Office for the development of XwinSys’s unique verification technology,” stated Bruce Rowlands, Chairman and CEO of Eurocontrol. “This grant is real proof of the necessity of the hybridization of technologies for a verified need.”

“Over the past year XwinSys succeeded in launching a fully operational beta stage system demonstrating superior performance for customer’s advanced requirements. The grant from the Israeli Chief Scientist, together with the comprehensive support XwinSys receives from Eurocontrol, and the excellent input and feedback XwinSys receives from prospective customers, has created a great opportunity to penetrate the market during the coming year," commented Doron Reinis, CEO of XwinSys.