PHTN Photon Dynamics (MM)

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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