Welcome!

Log Management Authors: Dana Gardner, Pat Romanski, Elizabeth White, David H Deans, Carmen Gonzalez

News Feed Item

Small Cap Specialists Reports on COREwafer Industries Poised to Lead the Electronic Diagnostic Industry

NEW YORK, NY -- (Marketwired) -- 09/25/13 -- COREwafer Industries, Inc. (PINKSHEETS: WAFR) ("COREwafer Industries "), a holding company whose wholly owned subsidiary and flagship company, Core Wafer Systems, Inc. ("CWS") is the creator of proprietary software, software algorithms, and hardware that is used in the testing and data mining of the most commonly used computer hard drives, memory, and magnetic; as well as other advanced magnetic, semiconductor and nanotechnology-based device components.

In a recent interview as acting IR for COREwafer Industries Inc. (PINKSHEETS: WAFR) Small-Cap Specialists Reports the following company updates and information.

The components being diagnosed with WAFR technology are ubiquitous in the world today. That is where WAFR and their wholly owned subsidiary, Core Wafer Systems comes to the forefront.

Core Wafer Systems, Inc. (CWS) builds advanced test solutions for engineering and manufacturing to verify devices are being made correctly. CWS undertakes reliability tests to predict when the device will fail during usage and characterization tests to verify that the manufacturing operation is building the device according to the engineered specification.

The worldwide semiconductor assembly and test services market totaled $24.5 billion in 2012, a 2.1 percent increase from 2011, according to final results from Gartner, Inc., May 2013. WAFR has over 1,500 copies of their software installed worldwide, with a number of high-profile customers which include: Applied Materials (CA), TSMC (Taiwan Semiconductor), Sematech International, Global Foundries, National Semiconductor (now part of TI), Texas Instruments, US Department of Defense (DMEA, Sacramento CA), Fujitsu (Japan), Intel (Rio Rancho NM), ON Semi (US), Charter Semi (Singapore) and Hewlett Packard.

CWS has an install base of over 800 clients and 1,500 installed systems on HP, Keithley, and Agilent Test hardware. With new versions of critical software in process, customers are expected to begin upgrading over the next 12 months due to End-Of-Life support and a desire to utilized advanced features. Some advantages the Core Wafer Systems has are its near universal coverage on the Agilent (http://www.agilent.com) hardware product line. Once included as part of an OEM agreement with Agilent, this customer base continues to need software updates through at least 2015. CWS has also developed solutions to work on Keithley (http://www.keithley.com) hardware. Keithley products encompass a broad line of test and measurement solutions for engineers and scientists throughout the world in dozens of disciplines. They include highly accurate instruments and data acquisition products that measure low levels of voltage, resistance, current, capacitance, and charge, along with complete system solutions for high volume production and assembly testing.

Basically, the CWS technology mines the data provided by installed quality control scans and interprets them to provide the manufacturer with otherwise unavailable product data. Advanced semiconductor testing is a critical part of the manufacturing lifecycle because manufacturers wish to ensure that they have a low failure rate of the components they create.

Cyril Moreau, President & CEO, began with WAFR on June 22, 2013. Over the last 15 years he has served as Senior Vice President and Senior Director for several highly successful software companies. He developed a track record in building high-growth software companies and excelled in all aspects of leading, building, growing, funding, and managing. His leadership helped each of those companies grow exponentially. Mr. Moreau has stated "Rapid consolidation over the next few years is nearly certain in our industry and we are ready to become a leader."

About COREwafer Industries

COREWAFER INDUSTRIES, INC. (WAFR) is a holding company headquartered in Pembroke Park, FL, that currently oversees and manages subsidiary companies across various industries. The goal of WAFR is to strategically acquire businesses with strong growth potential and a solid business plan in various industries including consumer goods, software and technology, and telecom.

CORE WAFER SYSTEMS, INC. (CWS), the wholly owned subsidiary of COREwafer Industries, Inc. (WAFR), creates proprietary software, software algorithms, and hardware that is used in the testing and data mining of the most commonly used computer hard drives, memory, and magnetic; as well as other advanced magnetic, semiconductor and nanotechnology-based device components. Core Wafer technology is capable of performing in-parallel measurements allowing customers to test components many times faster than a non-parallel process. CWS has an install base of over 800 clients and 1,500 installed systems on HP, Keithley, and Agilent Test hardware. For more information, visit www.corewaferindustries.com.

Safe Harbor Statement

This press release contains forward-looking statements. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as its future results of operations and financial condition. Such risks include, but are not limited to, the effects of competition with existing enterprises and/or new entrants into the company's markets and industries, fluctuations in currency exchange rates, domestic and global economic conditions generally, the company's ability to obtain financing and attract suitable personnel where required to fully implement its business plan, the adoption and acceptance by the marketplace of the company's technologies and product and service offerings, the possibility of new technologies that are competitive with the company's planned product and service offerings and the effects of future political and economic developments both in the United States and abroad, among others. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of information, future events or otherwise.

Get our small and micro-cap alerts in real time by joining our SMS alerts send "OTCBBAlerts" to 25827 or join our limited time free VIP membership at http://www.OtcbbJournal.com

Please note* that all media from Small-Cap Specialists LLC/OtcbbJournal.com is permission based. The companies mentioned in this media release have provided documented permission to Small-Cap Specialists to use their company names and public ticker symbols for IR purposes. Small-Cap Specialists employees are not registered as an Investment Adviser in any jurisdiction whatsoever. This advertisement is for informational purposes only and is not intended to be a recommendation to buy or sell securities in any of the above mentioned companies. SCS LLC has been compensated four hundred dollars for the above mentioned company update and information.

Contact:
Email Contact
Mark Bonacci
Chief Editor

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
AI and machine learning disruption for Enterprises started happening in the areas such as IT operations management (ITOPs) and Cloud management and SaaS apps. In 2019 CIOs will see disruptive solutions for Cloud & Devops, AI/ML driven IT Ops and Cloud Ops. Customers want AI-driven multi-cloud operations for monitoring, detection, prevention of disruptions. Disruptions cause revenue loss, unhappy users, impacts brand reputation etc.
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Atmosera delivers modern cloud services that maximize the advantages of cloud-based infrastructures. Offering private, hybrid, and public cloud solutions, Atmosera works closely with customers to engineer, deploy, and operate cloud architectures with advanced services that deliver strategic business outcomes. Atmosera's expertise simplifies the process of cloud transformation and our 20+ years of experience managing complex IT environments provides our customers with the confidence and trust tha...
The Japan External Trade Organization (JETRO) is a non-profit organization that provides business support services to companies expanding to Japan. With the support of JETRO's dedicated staff, clients can incorporate their business; receive visa, immigration, and HR support; find dedicated office space; identify local government subsidies; get tailored market studies; and more.
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
As you know, enterprise IT conversation over the past year have often centered upon the open-source Kubernetes container orchestration system. In fact, Kubernetes has emerged as the key technology -- and even primary platform -- of cloud migrations for a wide variety of organizations. Kubernetes is critical to forward-looking enterprises that continue to push their IT infrastructures toward maximum functionality, scalability, and flexibility. As they do so, IT professionals are also embr...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
As you know, enterprise IT conversation over the past year have often centered upon the open-source Kubernetes container orchestration system. In fact, Kubernetes has emerged as the key technology -- and even primary platform -- of cloud migrations for a wide variety of organizations. Kubernetes is critical to forward-looking enterprises that continue to push their IT infrastructures toward maximum functionality, scalability, and flexibility.
Today's workforce is trading their cubicles and corporate desktops in favor of an any-location, any-device work style. And as digital natives make up more and more of the modern workforce, the appetite for user-friendly, cloud-based services grows. The center of work is shifting to the user and to the cloud. But managing a proliferation of SaaS, web, and mobile apps running on any number of clouds and devices is unwieldy and increases security risks. Steve Wilson, Citrix Vice President of Cloud,...