ORLANDO, Fla. — (BUSINESS WIRE) — December 10, 2024 — Laser Photonics Corporation (NASDAQ: LASE) (“LPC”), a leading global developer of industrial laser systems for cleaning and other material processing applications, and its recently acquired subsidiary, Control Micro Systems, Inc.(CMS), announced today the expansion of their Printed Circuit Board (PCB) Marking technology development program targeting the semiconductor and electronics market.

Laser marking is vital in semiconductor production, a market projected to reach $1 trillion annually by 2030. High-speed laser processing equipment is essential to meet the demand for advanced chips. CMS, with decades of experience, develops automated PCB Marking technology that provides a high-speed process for etching serial numbers, barcodes, logos, and other tracking data with precision and efficiency. These systems can be configured for standalone operation or integrated into existing SMT lines.

“Combining CMS’s expertise with our R&D initiatives allows us to further develop its cutting-edge PCB Marking Technology to meet the semiconductor sector’s stringent demands,” said Wayne Tupuola, CEO of LPC. “We are excited to continue pushing the boundaries of what is possible with laser technology as we work toward setting new industry standards.”

The current PCB Marking systems built by CMS are Class I systems that can effectively mark onto all types of PCB, including FR-4, CEM-1, phenolic paper, ceramic substrates, and solder mask substrates. These laser marking systems use off-axis machine vision to detect fiducials, determine processing locations, and verify marked data. CMS Laser is a certified Cognex integrator, leveraging expertise with advanced camera systems.

For LPC, established as a trusted provider of industrial laser equipment, semiconductor technologies are a new sector of focus. Supplemented by CMS expertise, LPC is dedicating resources to research and development in this sector in accordance with its broad diversification strategy, poised to contribute to growing shareholder value and foster greater resilience in evolving markets.

For more information, visit the LPC website at www.laserphotonics.com.

About Laser Photonics Corporation

Laser Photonics is a vertically integrated manufacturer and R&D Center of Excellence for industrial laser technologies and systems. Laser Photonics seeks to disrupt the $46 billion, centuries-old sand and abrasives blasting markets, focusing on surface cleaning, rust removal, corrosion control, de-painting and other laser-based industrial applications. Laser Photonics’ new generation of leading-edge laser blasting technologies and equipment also addresses the numerous health, safety, environmental and regulatory issues associated with old methods. As a result, Laser Photonics quickly gained a reputation as an industry leader in industrial laser systems with a brand that stands for quality, technology and product innovation. Currently, world-renowned and Fortune 1000 manufacturers in the aerospace, automotive, defense, energy, maritime, nuclear and space industries are using Laser Photonics’ “unique-to-industry” systems. For more information, visit https://www.laserphotonics.com.

About CMS Laser

Control Micro Systems (CMS Laser), is a 40-year U.S. pioneer in software controls development for laser machines. Today, the company produces turnkey laser material processing systems for marking, cutting, drilling, welding, and more. Its cutting-edge laser systems are expertly engineered for high-precision applications in a wide range of industries and tailored to each client’s unique manufacturing needs. CMS Laser specializes in developing laser systems for the semiconductor industry, including solutions for marking and depaneling. It also counts several top 20 global life sciences companies among their customers. For more information, visit CMS Laser, a Laser Photonics company.

Cautionary Note Concerning Forward-Looking Statements

This press release contains “forward-looking statements” (within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended), including statements regarding the Company’s plans, prospects, potential results and use of proceeds. These statements are based on current expectations as of the date of this press release and involve a number of risks and uncertainties, which may cause results and uses of proceeds to differ materially from those indicated by these forward-looking statements. These risks include, without limitation, those described under the caption “Risk Factors” in the Registration Statement. Any reader of this press release is cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this press release except as required by applicable laws or regulations.

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Investor Relations Contact:
laser@haydenir.com

Media Contact:
Karla Kizzort
Laser Photonics Corporation
kkizzort@laserphotonics.com