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Lotus Laser Systems Selects MVTS to Become Its Exclusive Distributor in North America

CARLSBAD, Calif., March 12, 2013 (GLOBE NEWSWIRE) -- Global service and technology solutions provider MVTS Technologies is adding another partnership and product line to its North American sales and support network. MVTS has been selected by Lotus Laser Systems to deliver its innovative laser marking and cutting solutions to the North American engraving and tooling market.

"When selecting a distributor we look for more than just a short term sales partner. High quality service and support is vital to the success of our brand," says Lotus Laser Systems Group Director Dean Carpenter. "The MVTS commitment to service and support aligns well with that profile." MVTS CEO Ron Maassen added, "We're pleased to become the exclusive distributor for Lotus Laser in North America as we can leverage our established sales and support channels and build a new customer network."

MVTS has experience with laser based inspection tools for semiconductor IC assembly; with the purchase of the RVSI lead scanner product lines and service business. MVTS' familiarity with laser technology and broad portfolio for support solutions offers Lotus Laser customers a well-balanced sales and service support structure. MVTS will provide sales, installation, training, technical support, repair, and warranty services.

About Lotus Laser Systems

Lotus Laser Systems, a high-growth UK company, manufactures laser cutting and marking systems that provide a perfect balance of performance and cost. Founded in 2006, Lotus Laser Systems has successfully built its brand in the UK and is selecting choice distribution partners to extend its market internationally. Lotus Laser Systems is built on a lean model which allows it to deliver cutting edge technology that is tightly aligned to market timing and needs. More information is available at www.lotuslaser.com.

About MVTS Technologies

MVTS Technologies provides premier product, service and support solutions to equipment manufacturers worldwide. Delivering and supporting refurbished systems, upgrades, parts and consumables to semiconductor manufacturers globally, MVTS enables customers and OEM affiliates to extend the life and value of investments in back-end systems and other technologies. Founded in 1994, MVTS is privately held and headquartered in Carlsbad, California. More information is available at www.mvts.com.

The MVTS Technologies logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=17542

CONTACT: Marketing Contact: Ross Martindale, VP of Marketing MVTS Technologies, LLC Phone: +1-760-930-8950 Fax: +1-760-930-9329 E-Mail: ross.martindale@mvts.com

Source: MVTS Technologies