Photon Dynamics Selects Schenker Korea Ltd. for Logistics Partnership
05 Marzo 2008 - 6:00AM
PR Newswire (US)
Free Trade Zone Logistics Facility in Incheon, Korea to Manage
Spare Parts Logistics SAN JOSE, Calif., March 5
/PRNewswire-FirstCall/ -- Photon Dynamics, Inc. (NASDAQ:PHTN),
today announced it entered a contract with Schenker Korea Ltd. to
carry out imports from the U.S. and distribution to locations in
North Asia. Under the terms of the contract, Schenker Korea will
store Photon Dynamics' critical spare parts and fulfill the
logistics services in its Korea Logistics Center (KLC), located in
the Free Trade Zone of Incheon International Airport. The
state-of-the-art logistics hub is equipped with standardized
warehouse management information technology. "With customer
satisfaction set as our main goal, we selected the Schenker KLC to
provide Photon Dynamics with comprehensive and reliable logistics
solutions," said Michael Butler, vice president, Global Support
& Services, Photon Dynamics. "Availability of spare parts and
timely delivery are crucial success factors in realizing ultimate
customer benefits. This contract will enable us to achieve higher
customer satisfaction and faster delivery to all our customers in
the Asia Pacific region." Jeff Hawthorne, president and chief
executive officer of Photon Dynamics, commented, "Designating our
spare parts activities to a single reliable and integrated
logistics hub is part of the continuous effort that we put forth to
enhance the competitiveness our FPD business and transition the
Company to a flexible structure through global outsourcing. We
continue to improve our operational efficiency by further executing
on our ongoing strategic initiatives." About Photon Dynamics, Inc.
Photon Dynamics, Inc. (NASDAQ:PHTN) is a global supplier utilizing
advanced digital imaging technology for market leading Liquid
Crystal Display (LCD) flat panel display test and repair systems
and for high performance digital imaging systems for defense,
surveillance, industrial inspection and medical imaging
applications. For more information about Photon Dynamics, visit its
website at http://www.photondynamics.com/. DATASOURCE: Photon
Dynamics, Inc. CONTACT: Corporation, So-Yeon Jeong, Vice President,
Investor Relations and Marketing Communications of Photon Dynamics,
Inc., +1-408-360-3084, Web site: http://www.photondynamics.com/
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