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DEK, Gemido Sign Licensing Agreement
April 20, 2005 |Estimated reading time: Less than a minute
FLEMINGTON, N.J. — DEK has signed a supply and license agreement for its VectorGuard stencil technology with France-based Gemido, a designer and manufacturer of machines for the electronics industry. Under the agreement, Gemido will manufacture VectorGuard stencils from foil blanks supplied by DEK, and will also provide VectorGuard frames.
The agreement reportedly will give DEK more presence within Europe, enabling customers in France and the French part of Switzerland to benefit from enhanced accessibility to the VectorGuard technology. Gemido will implement this agreement with sales channels and customer relationships in the same regions.
"Licensing this technology is advantageous for everyone," says Michael Brianda of DEK. "Customers now have expanded accessibility of the technology, licensees can provide a broader product offering and DEK benefits from increased market acceptance of the VectorGuard system."