Valor Computerized anno 2009

vPlan is Valor’s process engineering solution for electronics assembly. Aimed at manufacturers needing to reduce costs and gain more capacity from current assets, Valor delivers a solution for synchronized process engineering in an easy-to-use package. With vPlan, electronics companies can achieve a quantum leap in efficiency and productivity for their PCB assembly operations, in today’s highly dynamic manufacturing environment.


Valor’s Quality Management System (vCheck) is developed specifically for electronics manufacturers who need to minimize the occurrence of non-quality and drive the manufacturing process to optimal performance by balancing quality, throughput and cost. vCheck includes alarms and acceptable quality level (AQL) trigger points to help continuously reduce the defect per million opportunities (DPMO) rate in the manufacturing process, and is designed to increase profitability and customer satisfaction by making all aspects of quality testing and inspection visible to any decision maker.


“Valor is excited to be presenting our software technology to the Brazilian market at the electronicAmericas 2009 tradeshow.  Valor’s software solutions combined with the experience of Hitech’s personnel continue to deliver tremendous value to electronics designers and assemblers in Brazil.  Our joint attendance at electronicsAmericas 2009 will demonstrate our mutual commitment to our customers’ success in all of Brazil.” said Dan Weitzman, President of the Americas.

“Valor and CERTI share a unique relationship, jointly promoting advanced technologies and processes that enable Brazilian companies to produce products at an accelerated pace and with the highest quality levels in order to maintain a competitive advantage. The Valor solution will provide CERTI with complete real-time visibility and control over its manufacturing processes as well as full traceability of components and materials. We expect to duplicate the success we have shared with CERTI at many other Brazilian electronics manufacturers,” said Dan Weitzman, President of the Americas.


“Foundation CERTI is extremely satisfied with the acquisition and implementation of the Valor system. Valor’s software brings a lot of benefits for CERTI LABelectron and our customers.  The Trilogy DFM and DFA software allows us to accelerate the introduction of new products. Now our customers receive an HTML report complete with images of potential PCB design problems that could negatively impact the manufacturing, assembly and test of their products. The Valor DFM software reduces the risk of delays in the product development cycle as a whole. We have optimized our assembly processes with the implementation of the vPlan software.  In addition to automatic assembly machine programming and optimization, the vPlan system generates the necessary documentation for manual and automatic assembly stations as well as visual controls for inspection.  Overall the vPlan system enables better execution of the activities on the factory floor and a reduction of the preparation time for all assembly processes.  The implementation of the vManage module has enabled greater control for all of the activities in the plant.  This occurs through accurate materials management, closed loop setup verification of the machines, monitoring of the equipment and fast identification of issues and errors on the assembly line. We believe that the Valor system at LABelectron is a positive step towards our objective to raise the level of excellence for all manufacturing processes and in supporting our customers in the development of electronic products and in the dissemination of innovative technologies,” said Carlos Alberto, CERTI’s Executive Director.

13/10/2009
Mentor Graphics and Valor Sign Definitive Merger Agreement
Mentor Graphics and Valor Sign Definitive Merger Agreement


WILSONVILLE, Ore. and YAVNE, Israel, October 13, 2009 — Mentor Graphics Corporation (NASDAQ: MENT) and Valor Computerized Systems, Ltd. (Prime Standard: VCR) announced today that the two companies have signed a definitive merger agreement for Mentor Graphics to acquire Valor.

About the transaction
Under the terms of the agreement, which was approved by the boards of directors of both companies, Valor shareholders will receive a combination of Mentor Graphics common shares and cash for aggregate consideration equating to approximately $4.60 per Valor share. Subject to satisfaction of regulatory requirements and approval of Valor shareholders, as well as certain closing conditions, the transaction is expected to close during the first calendar quarter of 2010, after which Valor will become a wholly-owned subsidiary of Mentor Graphics. Shareholders owning approximately 50 percent of outstanding shares of Valor have committed to vote in favor of the transaction.



About Mentor Graphics
Mentor Graphics Corporation (NASDAQ: MENT) is a world leader in electronic hardware and software design solutions, providing products, consulting services and award-winning support for the world’s most successful electronics and semiconductor companies. Established in 1981, the company reported revenues over the last 12 months of about $800 million and employs approximately 4,425 people worldwide. Corporate headquarters are located at 8005 S.W. Boeckman Road, Wilsonville, Oregon 97070-7777. World Wide Web site: www.mentor.com/.

About Valor
Valor is a leading global provider of productivity improvement software solutions for the printed circuit board, or PCB, manufacturing supply chain. PCBs are the principal electronic interconnect technology used in the vast majority of electronic products sold today. Valor’s solutions target three key segments in the PCB manufacturing market: design of the physical layout of the PCB, fabrication of the bare PCB, and assembly of PCB components.

Risks Regarding Forward Looking Statements
Certain statements included herein are forward-looking in nature and, accordingly, are subject to risks and uncertainties.  These forward-looking statements are only predictions based on our current expectations and projections about future events.  Many factors, including those indicated in the announcement, as well as general market conditions, could impact the realization of these forward-looking statements. Valor wishes to caution prospective investors not to rely on any such forward-looking statements as predictions of future events. Valor does not undertake, and specifically disclaims any obligation, to update any forward-looking statements, which speak only as of the date made. For additional information, see our website at: www.valor.com/fls.



(Mentor Graphics is a registered trademark of Mentor Graphics Corporation. All other company or product names are the registered trademarks or trademarks of their respective owners.)

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