Tegal signs distributor agreement With Noah Corporation of Japan
The exclusive agreement, which covers an initial three-year period, calls for Noah to assume responsibility for Tegal's sales and field service support for all existing and future customers in Japan.
"We believe it is a good time to enhance our sales coverage to better meet the strong opportunities in the Japanese market for Tegal's etch and PVD equipment," said Thomas Mika, President and CEO of Tegal.
"We have a high degree of confidence that Noah will contribute materially to Tegal's continued expansion in Japan where we have a long history of direct operations. In addition, the retention of our own field service engineers by Noah guarantees a high level of support and continuity to our existing customer base. This agreement is consistent with the strategy of enhancing our distribution throughout Asia, a key growth region for Tegal."
"We are very excited about taking on the Tegal product line in Japan," said Hiroshi Tabira, President and CEO of Noah Corporation.
"Tegal's etch and PVD tools are well-suited to the needs of Japanese device manufacturers, especially those which are focused on consumer electronics, cell phones and other wireless products. Tegal has an excellent brand name in Japan and we believe that our partnership together in this business will be good for both companies."
