Flexstar Technology and Tanisys Technology Merge

Announces New Company Name – Neosem Technology

SAN JOSE, Calif. — (BUSINESS WIRE) — August 5, 2016 — Flexstar Technology and Tanisys Technology announces today that it has combined operations and will jointly operate as Neosem Technology effective immediately. Neosem Inc. acquired Tanisys Technology in 2007 and Flexstar Technology in October, 2015. The merger and name change is a consolidation of talent and resources in the US and underscores the increased collaboration with the parent company in Korea.

DH Yeom, Chief Executive Officer for Neosem Inc., states, “We are merging the talents, intellectual property, and support staff, to solidify the collaborative relationship with our manufacturing capability in Korea. Our new name will reflect our firm commitment to offering innovative test solutions that go well beyond our current product offering. We are investing heavily in the future of our Company, and as the industry leader in high performance test solutions for SSDs and flash memory storage, Neosem Technology will continue to be an early provider of the technologies that help drive these new storage innovations.”

Neosem’s associates and customers are optimistic about the change as it reflects the significant growth of Neosem in recent years and also indicates a strategy for continued progress in the coming years.

“We are very excited about the introduction of the merger and our new company name. We believe the name Neosem Technology allows us to better represent our business as we introduce new products,” said Mike Rogowski, COO, Neosem Technology. “Our goal is to enable the development of new SSD technologies and innovations. In response to customer demand, we continue to aggressively pursue that focused objective.”

About NEOSEM TECHNOLOGY INC.:

Based in San Jose CA, Neosem Technology Inc. is an industry-leading pioneer of innovative SSD test solutions that help industry storage leaders develop new technologies. For additional information, visit www.neosem.com.

About NEOSEM INC.:

Based in Korea, Neosem is a provider of automatic test equipment for semiconductor manufacturing, used to test semiconductor memory components, memory cards and solid-state drives (SSDs). Neosem’s cost-effective, flexible and scalable automated test platform is designed to help the SSD ecosystem meet rapidly expanding market demand for SSDs.



Contact:

Neosem Technology Inc.
Mike Rogowski, Office: 408-643-7078
Cell: 510-299-9006
Chief Operating Officer
Email Contact




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