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Data I/O Announces Major Milestone with 500th PSV System Sale Ahead of IPC APEX Expo

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Data I/O achieves a milestone with the sale of the 500th PSV automated programming system, highlighting its leadership in programming technology. The PSV family is recognized as the most successful automated programming system in the industry, catering to automotive, industrial, and consumer markets. Demonstrations of the PSV family will be available at the IPC APEX Expo, showcasing the company's continuous innovation and commitment to meeting evolving programming requirements.
Positive
  • Data I/O reaches a significant milestone with the sale of the 500th PSV automated programming system.
  • The PSV family is acknowledged as the most successful automated programming system in the industry, serving automotive, industrial, and consumer markets.
  • Demonstrations of the PSV family will be featured at the IPC APEX Expo, highlighting the company's dedication to innovation and addressing customers' changing programming needs.
  • The PSV family has a global presence with deployments on five continents and the capacity to program over 1.5 billion semiconductor devices annually.
  • Data I/O's partnership with customers and continuous innovation strategy have led to the PSV family becoming the industry standard for device programming, trusted by top automotive electronics suppliers worldwide.
  • The company's commitment to continuous innovation allows customers to maximize programming performance and adapt to increasing production demands, ensuring the lowest total cost of ownership.
  • Data I/O will showcase the latest advancements in the PSV7000 and PSV3500 automated programming systems, LumenX with VerifyBoost, ConneX service software, and SentriX security provisioning platform at the IPC APEX Expo 2024.
  • The PSV7000 offers high-speed scalable production capabilities, while the PSV3500 provides a cost-effective solution for low volume/high mix production environments.
  • LumenX with VerifyBoost enhances programming performance with rapid verify speeds for UFS devices, improving production efficiency by 64%.
  • ConneX service software facilitates integration between PSV systems and factory applications, optimizing the electronics manufacturing process and enhancing quality and traceability.
  • SentriX is a flexible security deployment platform that simplifies the security provisioning process for automotive and IoT applications, supporting various key management options.
  • Customers attending the IPC APEX Expo can witness live demonstrations of Data I/O's products, showcasing the power and capabilities of the PSV family.
Negative
  • None.

The sale of the 500th PSV automated programming system by Data I/O Corporation is a significant achievement that underscores the company's strong position in the electronics manufacturing sector. The PSV family's widespread adoption, particularly by top automotive electronics suppliers, is indicative of a robust product-market fit and a successful penetration into key industrial segments. The capacity to program over 1.5 billion semiconductor devices annually demonstrates the scalability of Data I/O's technology and its alignment with industry demands for higher programming performance and security.

The company's continuous innovation strategy, as evidenced by the enhancements to the PSV systems and the SentriX security provisioning platform, is likely to maintain its competitive edge. The focus on addressing the challenges of rapidly changing silicon technology and security requirements is essential in an industry characterized by swift technological advancements and increasing threats to cyber security. Data I/O's commitment to upgrade strategies and maintaining a low total cost of ownership for customers can be a compelling value proposition that sustains long-term customer loyalty and potentially drives further market share gains.

Data I/O's advancements in programming and security provisioning solutions, particularly the LumenX with VerifyBoost and SentriX platform, cater to the emergent needs of the 'connected factory'. These developments are not just incremental; they are strategic, enabling Data I/O to offer high-speed scalable production solutions and improved verify speeds for UFS devices. This is critical as the industry moves towards larger file sizes and more complex security requirements.

Furthermore, the integration capabilities offered by ConneX service software, leveraging MQTT and GraphQL APIs, are a testament to Data I/O's foresight into the importance of the Internet of Things (IoT) and the need for seamless factory automation. This level of integration is essential for optimizing manufacturing processes and enhancing quality and traceability, which are key competitive factors in the electronics manufacturing industry.

The sale of the 500th PSV system may be seen as a positive indicator of Data I/O's financial health and future revenue streams. The company's ability to innovate and adapt to changing market conditions, especially in the high-stakes automotive and IoT sectors, suggests a potential for sustained revenue growth. Investors might view the company's established presence on five continents and service to over one hundred unique customers as a diversification of market risk.

However, investors should also consider the capital expenditures associated with continuous innovation and the risks of technology obsolescence in a fast-evolving industry. The long-term success of Data I/O will depend on its ability to maintain its innovation pace and manage costs effectively to preserve profitability. The company's strategic focus on maintaining a low total cost of ownership for its customers can also be a factor in recurring revenue through upgrades and service contracts.

Demonstrating innovative programming and security provisioning solutions at IPC APEX Expo, Data I/O highlights its advancements for electronics manufacturing

PSV family recognized as the most successful automated programming system in the industry

REDMOND, Wash.--(BUSINESS WIRE)-- Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, announced the Company has achieved a major milestone with the sale of the 500th PSV automated programming system. This milestone is a testament to Data I/O’s continued innovation, investment, and leadership in programming technology for the automotive, industrial and consumer markets and signifies the PSV family as the most successful automated programming system in the industry. Demonstrations of the PSV family will be available in Data I/O’s booth #3107 at the upcoming IPC APEX Expo in Anaheim, California from April 9th – 11th at the Anaheim Convention Center.

Over the past decade, the PSV family has grown to include the PSV7000, PSV5000, PSV3500, and PSV2800 automated programming systems, which have been further enhanced through the SentriX® security provisioning platform. With system deployments on five continents, and to over one hundred unique customers, the PSV installed base has the capacity to program over 1.5 billion semiconductor devices per year. The strong global demand for the PSV family is reflected in the partnership Data I/O has with its customers and the Company’s continuous innovation strategy to extend the platform to meet its customers’ evolving programming requirements for new device technology, security, and connectivity. As a result, the PSV family is the industry standard for device programming and the trusted supplier to eighteen of the top twenty automotive electronics suppliers worldwide.

“Rapidly changing silicon technology, growing file sizes, increasing security requirements, and the connected smart factory create unique programming challenges for electronics manufacturers, threatening their ability to keep up with production demands. Our customers need a trusted programming platform that can grow and meet their ever-changing requirements. The PSV family helps them address these challenges,” said Anthony Ambrose, President and CEO at Data I/O Corporation. “Data I/O’s dedication to continuous innovation enables our customers to maximize their programming performance to meet these ever-increasing production requirements. Because of our substantial, ongoing investment and our upgrade strategy for PSV systems in the field, customers can leverage their existing Data I/O programming technology for years to come to achieve the lowest total cost of ownership.”

Data I/O to demonstrate the PSV family with security provisioning solutions for the connected factory at the IPC APEX Expo 2024

Data I/O will demonstrate the latest advancements to the PSV7000 and PSV3500 automated programming systems, Lumen®X with VerifyBoostTM, ConneX service software, and SentriX security provisioning platform in Data I/O’s booth #3107 at the IPC APEX Expo at the Anaheim Convention Center from April 9th – April 11th.

Data I/O’s PSV7000 is the premier automated programming solution designed for high-speed scalable production. The PSV3500 offers a cost-effective entry point for customers new to automated programming and is ideal for low volume/high mix production environments.

LumenX with VerifyBoost delivers rapid verify speeds up to 750 MBps for the programming of UFS devices while achieving a 64% improvement in programming performance. The combination of the scalability of the PSV system and LumenX with VerifyBoost maximizes production throughput for customers programming large file sizes and UFS devices.

ConneX service software enables integration between a PSV system and a factory application for two-way communication via MQTT and GraphQL APIs to optimize the electronics manufacturing process and improve quality and traceability. Data I/O will demonstrate the power of ConneX and show how customers can accelerate the integration of the PSV into a factory system by accessing the MQTT and Graph QL sample code on GitHub.

SentriX is the industry’s most flexible security deployment platform for deploying robust hardware-based security for automotive and IoT applications. SentriX simplifies the security provisioning process by delivering pre-defined use cases and custom provisioning flows via SentriX Product Creator. With the addition of new key wrapping capabilities, SentriX now supports even more key management options providing more flexibility to OEMs and electronic manufacturers. The PSV7000 and PSV5000 can be upgraded to support SentriX.

Customers attending the IPC APEX Expo in Anaheim, California can visit Data I/O’s booth in booth #3107 to see these live product demonstrations.

About Data I/O Corporation

Since 1972, Data I/O has developed innovative solutions to enable the design and manufacture of electronic products for automotive, Internet-of-Things, medical, wireless, consumer electronics, industrial controls, and other electronics devices. Today, our customers use Data I/O security deployment and programming solutions to reliably, securely, and cost-effectively, bring innovative new products to life. These solutions are backed by a global network of Data I/O support and service professionals, ensuring success for our customers. For more information, please visit www.dataio.com.

Data I/O Corporation

Jennifer Higgins

Director Corporate Marketing

higginj@dataio.com

+1-425-867-6922

Source: Data I/O Corporation

FAQ

What milestone did Data I/O achieve recently?

Data I/O achieved a major milestone with the sale of the 500th PSV automated programming system.

Where will demonstrations of the PSV family be available?

Demonstrations of the PSV family will be available at the IPC APEX Expo in Anaheim, California.

What are some of the key features of the PSV7000 automated programming system?

The PSV7000 offers high-speed scalable production capabilities.

What is the purpose of the ConneX service software?

ConneX service software enables integration between PSV systems and factory applications for optimized electronics manufacturing.

What does SentriX offer in terms of security provisioning?

SentriX is a flexible security deployment platform that simplifies the security provisioning process for automotive and IoT applications.

How many continents have the PSV systems been deployed on?

The PSV systems have been deployed on five continents.

Which industry sector does the PSV family cater to?

The PSV family caters to automotive, industrial, and consumer markets.

What will Data I/O showcase at the IPC APEX Expo 2024?

Data I/O will showcase the latest advancements in the PSV7000 and PSV3500 automated programming systems, LumenX with VerifyBoost, ConneX service software, and SentriX security provisioning platform.

How many semiconductor devices can the PSV installed base program annually?

The PSV installed base has the capacity to program over 1.5 billion semiconductor devices per year.

What percentage improvement in programming performance does LumenX with VerifyBoost offer?

LumenX with VerifyBoost delivers a 64% improvement in programming performance.

Data I/O Corp

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About DAIO

about us data i/o is the world’s leading global provider of advanced data and security programming solutions for flash, flash-memory based intelligent devices and microcontrollers. since 1972 data i/o has developed innovative solutions to enable the design and manufacture of electronic products for automotive, internet-of-things, medical, wireless, consumer electronics, industrial controls and other markets. today our customers use data i/o’s security provisioning and programming solution to reliably, securely and cost-effectively bring innovative new products to life. our programming systems and value-added software solutions enable our customers to: • streamline their security provisioning and programming process with their production process • meet their specific quality and traceability requirements • ensure their devices are programmed at maximum speed with the highest quality our relentless focus on quality, programming performance and support helps our customers achieve excellen