Picosun Continues Strong Growth and Expands Facilities

ESPOO, Finland, February 25, 2016 /PRNewswire/ --

Picosun Oy, the leading supplier of advanced ALD (Atomic Layer Deposition) thin film coating equipment reports of strong growth and rapid expansion in the global industrial markets.

     (Logo: http://photos.prnewswire.com/prnh/20140528/689557 )

The total value of the company's new tool orders increased 41 % in the calendar year 2015. Picosun has been growing at a double-digit rate for several consecutive years.

"We are happy that we got so many interesting new customers, but even happier we are with the growth of our repeat sales. It tells us that we have done lots of things right," states Mr. Kustaa Poutiainen, Chairman of the Board and Chief Executive Officer of Picosun.

A significant part of the growth consisted of the deliveries of PICOPLATFORM™ vacuum cluster systems and automated PICOSUN™ P-series cassette loading batch tools to leading semiconductor industry customers in Asia and USA.

"Our aim is to produce ALD tools of the highest quality. They have been well received in industrial markets," Mr. Poutiainen continues.

Picosun is also expanding its production capacity and personnel amount. In key role are especially the new subsidiaries in the central market areas such as Asia. The latest addition is the Japan unit starting in Q2/2016.

"Hiring new professionals, not only here in Finland but all over our worldwide subsidiary network, and extending our production facilities is crucial to enable even bigger success for our brand. The future looks bright for Picosun," states Mr. Poutiainen.

Picosun provides the most advanced ALD thin film coating technology to enable the industrial leap into the future, with high end production solutions and unmatched expertise in the field. Today, PICOSUN™ ALD equipment are in daily manufacturing use in numerous major industries around the world. Picosun is based in Finland, with subsidiaries in North America, China, Taiwan, Singapore, and Japan, and a world-wide sales and support network. For more information visit http://www.picosun.com

Contact:

Kustaa Poutiainen, CEO (email kustaa.poutiainen@picosun.com; tel. +358-50-321-1955)