Tuesday, November 15, 2005

Coretec Inc. Mulls Licensing Proprietary RoHS IP Technology

"Coretec Inc. announced today it is considering licensing the company's proprietary scripting technology that provides detailed material content reports in compliance with the European Union's Restriction of Hazardous Substances (RoHS) directive. "We have invested heavily to develop the competency to provide detailed material content declarations for our customers in line with the EU's directive. As we quickly approach the July 1, 2006 EU deadline for RoHS compliance, we see an emerging opportunity to license our proprietary scripting technology within the printed circuit board (PCB) segment", commented Jeff Canavor, Executive Vice President. "For example, we anticipate very few of the over 450 PCB operations in North America to be able to invest in developing this competency in time to meet the EU deadline, notwithstanding the fact this is a mission-critical business process each OEM will require across their complete supply chain."" Source: ccnmatthews.com