SMT, PCB Electronics Industry News

Valor Signs Agreement with TsingHua University, Beijing

Dec 21, 2006

Israel, 21 December 2006 - Valor Computerized Systems recently announced a cooperative agreement with the Industrial Training Center of TsingHua University, in Beijing, to provide software for training students in the simulation and optimization of electronics manufacturing processes.

TsingHua University�s SMT Laboratory is dedicated to training professional technical specialists and promoting advanced electronic manufacturing technologies to enhance the competitiveness of China�s electronic manufacturing industry. Many world-class companies currently use Valor�s software for Design for Manufacture (DFM), SMT line programming, optimization and monitoring, shop floor material control, and for providing complete traceability of components and materials.

Under the terms of the agreement, Valor will provide the SMT laboratory with software, for various classes, including elective courses, graduate courses, vocational training and technological training courses. Valor will also assist in the preparation and collection of materials for education, hold joint seminars in TsingHua University, and collaborate on research into the latest technological and R&D achievements.

�Valor�s efforts and investment in the university is tremendously inspiring, and as a global industry leader, we regard their involvement as significant. For the university, it will facilitate the training of high level talent, and the development of engineering education. For Valor, it will help students and future engineers understand the benefits and importance of software in modern electronics manufacturing. For the Chinese SMT industry, further development of such cooperation will ultimately accelerate the innovation of industrial technologies, based on a greater understanding of new technologies,� said Mr. Fu Shuigen, director of the Industrial Training Center of TsingHua University.

�Valor is honored to be working with TsingHua University, and hopes to enhance the understanding and application of software systems in electronics manufacturing in the education sector. The application of software in product design, assembly and production administration is dominant in Europe and the United States. We see this trend increasing in Asia and China, as manufacturers look to implement the same systems to optimize product design, manufacturing technology, production management and competitiveness,� said KH Ong, President of Valor Far East.

By providing its own innovative advanced software to TsingHua University, Valor Computerized Systems sees this as a start to wider technological cooperation between overseas suppliers and top universities in China. At present, the two parties are looking forward to further cooperation.

TsingHua University (Industrial Training Center)

Relying on the advantages of the comprehensive curriculum at TsingHua University, the Industrial Training Center SMT laboratory�s goal is the education of the SMT industry. It cooperates with world class corporations to train students and becomes a platform for teaching, training, scientific research and technological innovation, making a great contribution to the development of the SMT industry in China. For more information, please visit http://www.smtlab.com

About Valor

Valor Computerized Systems develops compelling technologies for simulating and optimizing the manufacture of printed circuit boards. Valor's breakthrough technologies improve product design analysis, simulation and optimization of PCB assembly, and Manufacturing Operations Management increase productivity, yield and quality, and help streamline and accelerate product innovation in a fast-paced global market. Valor is listed on the Prime Standard of the Frankfurt Stock Exchange [WKN 928731]. Its customer base includes the majority of Tier I and Tier II companies in the electronics industry, most of which are Fortune-500 companies. More information on Valor can be found on http://www.valor.com.

Image Caption: Left to right is KH Ong, President of Valor Far East, and Professor Fu Shuigen, director of the Industrial Training Center of TsingHua University, signing the agreement.

Valor Corporate:

Alon Erlich

Valor Computerized Systems, Ltd.

alon.erlich@valor.com

Tel: +972-(0)8-943-2430

Editor Contact:

Cathryn Hage

Anderson Burnbreck PR

cathryn-h@andburn.co.uk

Tel: +44 1242 518399

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