Press Release

Company Contact:
Jon Lanson
Vice President, World-wide Sales & Marketing
Presto Engineering, Inc.
+33 442379760


Media Contact:
Sandy Fewkes
MindWrite Communications, Inc.
+1 408 224 4024
www.mind-write.com



Presto Engineering Expands Turnkey IC Production Management Services with Three New Operations in Asia

The expansion provides additional capacity and local presence for volume projects of 10 million or more in IoT and Secured IC products.

San Jose, Calif., USA/ —Presto Engineering Inc., a world leader in semiconductor product engineering and supply chain management, announced today that it has significantly expanded its turnkey capabilities with the opening of two new manufacturing hubs and a world-wide logistics center in Asia.

As an outcome of its partnership with Inside Secure, announced April 2015, Presto Engineering is taking on the facilities in Asia, adding footprint; significant expertise; and a new, enhanced suite of services for Presto’s customers. Presto Engineering now offers a complete and comprehensive turn-key product engineering and production management solution for integrated circuits (IC), from GDSII hand-off (design output) to finished ICs shipped directly to end customers, targeted at the latest in high-speed communication, Internet of Things (IoT) and secured elements markets.

“This expansion provides the local production capacity and hands-on expertise that we need in Asia to offer our customers a fast, secure, cost-effective, and comprehensive production solution,” states Michel Villemain, CEO, Presto Engineering. “We now have fully-trained staff and substantial local capacity with our own test equipment in place in Asia. This both strengthens and complements our capabilities in the U.S. and Europe, enabling us to provide responsive, on-site and in-region technical support for optimum visibility on customer projects, where and when it counts.”

Jon Lanson, Presto’s Vice President of WW Sales & Marketing adds, “There is no doubt that security is a major concern in the IoT market. Building a hardware-based secure solution, like what’s done in the payment world, is one of the leading IoT security approaches. With Presto’s new secure capabilities in Europe and Asia, we are ready to address this manufacturing issue now, by either assisting clients with developing their own specific solution, or executing an existing turnkey process.”

The new operations are located in Bangkok, Thailand; Kaohsiung, Taiwan; and Hong-Kong, SAR. To Presto’s existing capacity in the US and Europe, they add 20+ probe test cells, advanced die prep capabilities, and payment module manufacturing in secured (EAL5+/EAL6) floors, ready to support large projects with unit volumes of 10 million or more.

More information about Presto Engineering can be found at www.presto-eng.com.

About Presto Engineering, Inc.

Presto Engineering provides comprehensive semiconductor product engineering and production solutions to IDM, fabless and electronics companies, contributing to improving ramp time, margins and quality of new products.

Presto Engineering is a recognized expert in the development of test solutions for component characterization and production. This expertise, combined with state-of-the-art ESD, reliability and failure analysis capabilities, produces a competitive advantage for our customers in optimizing end-product performance and accelerating time to market. We offer turn-key solutions from customer tape-out to delivery of finished goods to end-customer(s), including assembly, test, qualification, industrialization, and production sustaining activities.

Presto Engineering is headquartered in San Jose, California, with two operations in France and three facilities in Asia. Additional information is available on the company’s website at www.presto-eng.com.