Grand Opening of ECI Technology Totowa Research Center

Totowa, NJ, September 28, 2005 --(PR.com)-- ECI Technology proudly announces today the official opening of its Totowa Research Campus. Distinguished guests, elected officials and business leaders from around the world will be attending the ribbon-cutting ceremony for ECI Technology’s new state-of-the-art facility.

Speakers and dignitaries welcoming ECI Technology to its new home feature:

· Honorable New Jersey State Senator John Girgenti
· Honorable New Jersey State Assemblywoman Nellie Pou
· Honorable Mayor of Totowa John Coiro
· Chief-of-Staff for the Honorable US Congressman Bill Pascrell, Jr. Mr. Ed Farmer
· Paul Mlynarski – Partner with Deloitte and Touche
· Kathleen Coviello – Program Manager of Science and Technology with New Jersey Economic Development Authority
· Tim Comerford – President of PSE&G Site Finders
  and executives with Wachovia Bank

Marianna Rabinovitch, President and CEO of ECI Technology in concluding the official part of the program with closing remarks and business outlook for the future, will be emphasizing ECI Technology’s commitment to grow high-tech research and development, engineering and manufacturing business in New Jersey. Numerous ECI Technology representatives and business partners, promoting, selling and installing its products all over the world that arrived to the grand opening ceremony underscore this commitment, which is quite unique in today’s economy when many New Jersey and US based companies outsourcing their manufacturing overseas.

About ECI Technology: in 1998 the company has developed the first Chemical Monitoring System (CMS) for Semiconductor industry. Since then ECI Technology has established its position as the undisputed global leader in CMS for Semiconductor Industry. Today, ECI Technology's systems achieved over 90% of the market share for one of the most critical processes in chip manufacturing. Equipment developed and built by ECI Technology is used for control of plating processes in all major Wafer Manufacturing Fabs and Plating Circuit Board facilities worldwide. ECI Technology's extensive customer list includes global leaders of semiconductor industry on five continents.

ECI Technology closely cooperates with the most advanced research centers and universities conducting R&D of new cutting edge technologies in the electroplating field and at the same time providing them with "real world" equipment for control of electroplating processes. Patented techniques invented by ECI Technology and products developed by the company have become the de-facto standard for the very competitive semiconductor industry. Today, ECI Technology expands into new technologies and market segments broadening its product lines and applications.

Over the past three years ECI Technology was awarded twice the prestigious Deloitte and Touche NJ Fast 50 in Technology award. It's interesting to note, that ECI Technology succeeded to achieve such impressive increase in revenue and profitability solely based on its organic growth (and not due to merger or acquisition activity). In June of 2005, ECI Technology President, Marianna Rabinovitch, was awarded the prestigious Ernst and Young Entrepreneur of The Year Award. The company was also recently notified by New Jersey Technology Council about winning their prestigious Electronics Company of The Year Award in 2005.

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