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Triant
mail@triant.com (604) 697-5090 |
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Download the Corporate Brochure (pdf) Company Overview
Company Overview - Top of Page Triant develops software. Our current focus is on the semiconductor industry, where our flagship product, ModelWare, monitors equipment used to manufacture computer chips. ModelWare measures and analyses equipment performance. Triant is a recognized leader in equipment health monitoring and advanced fault detection. We have successfully installed our software at several of the world's largest semiconductor manufacturers. These customers use ModelWare to improve the overall effectiveness of their wafer fabrication equipment. The software allows them to lower manufacturing costs, giving them a competitive advantage.
ModelWare is equipment monitoring software that tracks equipment health in real-time and detects emerging faults. You can think of it as a very sophisticated "black box flight recorder" for wafer processing equipment, in the sense that ModelWare can be used to diagnose the cause of an equipment problem. However, ModelWare goes beyond monitoring and post-event diagnosis. Because ModelWare automatically builds and maintains sophisticated fault detection models, the software can also be used to prevent equipment problems by detecting early signs of malfunction. Triant's unique multivariate modeling technology makes it possible to combine health monitoring, fault detection, and diagnosis and prevention. ModelWare is the world's first commercially available equipment monitoring software with these features.
The semiconductor industry has maintained an average growth of 15% per year for the past 35 years. The industry will continue to grow, propelled by the demand for consumer electronics, automotive electronics, computers and telecommunications products. The steady growth is a result of continuous reductions in the "cost per function" of integrated circuits, 25-30% per year on average. To date, costs have been reduced by focussing on factors related to processing technology: reducing feature size, increasing wafer size, and improving yield. The industry recognizes that factory productivity must be improved if production cost reductions and growth are to continue. With our innovative software, Triant is pioneering changes in semiconductor manufacturing technology.
In its recently-published Technology Roadmap, the Semiconductor Industry Association (SIA) identified the need to improve Overall Equipment Effectiveness, referred to as OEE. OEE is an industry standard measure of equipment productivity.
The SIA has surveyed the industry and found that an average piece of wafer processing equipment has an OEE of 45%. In other words, the equipment processes revenue-generating wafers only 45% of the time. The SIA Technology Roadmap identified the need to increase OEE from 45% to 65% by 2002, and to 80% by 2011. The number of test wafers used is a significant factor in OEE. Today, 33% of wafers processed are used to test processing equipment, to make sure the equipment is operating correctly. Since test wafers do not generate revenue, the SIA goal is to reduce that percentage to 15% by 2002, and to 5% by 2011. Improving OEE is becoming increasingly important to both semiconductor manufacturers and capital equipment suppliers. Improvements in OEE are absolutely necessary if the industry is to keep reducing the cost of manufacturing integrated circuits.
Triant's customers include Motorola and other leading global manufacturers such as Samsung, Hitachi, Philips, LSI Logic, Honeywell, and AMD. These customers have installedModelWare in their fabs to build a comprehensive diagnosis environment for wafer production. Triant has built a network of distribution partners that covers more than 90% of semiconductor manufacturing regions worldwide. Our partners provide sales and support ofModelWare in Europe, Japan, Korea, Taiwan, and the United States. Nihon Aim Co., Ltd. (Nihon Aim) is our distributor in Japan. Nihon Aim is one of the largest semiconductor services companies in Japan. Master Solutions Inc. (MSIK) is our distributor in Korea. MSIK is an engineering company specializing in process integration and yield enhancement technologies for the Asian semiconductor industry. Kromax International Corporation (Kromax) is our distributor in Taiwan, China and South East Asia.
The combination of capable people and effective products gives Triant Technologies a solid foundation for growth. Since our inception, we have established a reputation for the quality of our products and our customer service. ModelWare Triant'sModelWare is a complete, high-quality software solution. ModelWare has proven itself to be extremely robust and reliable in the very demanding environment found in today's wafer fabrication plants. ModelWare meets the need in the semiconductor industry to find new ways to increase equipment productivity. The Triant Team The Triant team has proven expertise in a wide range of disciplines, including engineering, physics, mathematics, computer science, and manufacturing. The Triant team also has extensive experience in real-time process data collection, advanced multivariate modeling, and fault detection. Individually and collectively, the Triant team is motivated and committed to the work of developing innovative solutions. We encourage new ideas. We emphasize and support continuous learning, to keep pace with changing technology. With a strong, committed team, and an effective product, Triant is poised to capitalize on this opportunity in the semiconductor industry. We have carefully selected distributors in different geographical areas to provide assistance to wafer manufacturers before, during and after installation of our software. Once we have consolidated our position in the semiconductor industry, we plan to partner with leading companies in other industries to apply our expertise and technology. Triant's unique technology has already been applied successfully in prototype situations for power utilities and in the aerospace and medical industries. In reaching beyond the semiconductor industry, we will realize our vision of becoming the technology leader, market leader and global supplier of equipment health monitoring and advanced fault detection technology. Directors of the Company - Top of Page Brian Harrison
Brian Harrison was appointed to the Board in 2002 and was appointed Chairman of the Board effective January 1, 2004. Mr. Harrison brings to the Board considerable experience in business management and corporate development and also currently serves as Chairman of the Corporate Governance Committee. Prior to retiring in 2001, he served in various senior executive positions for A.T. Kearney Inc., one of the fastest growing and most successful management consulting firms in the world and a wholly owned subsidiary of Electronic Data Systems Corporation. As a member of A.T. Kearney’s Management Board, he was responsible for the firm’s global information technology, R&D, knowledge management, marketing and human resources groups. Prior to joining A.T. Kearney in 1987, Mr. Harrison spent 13 years at Booz, Allen & Hamilton, an international management consulting firm. Mr. Harrison received an MBA in International Finance from McGill University and a BASc (Engineering Science) degree from the University of Toronto. He has co-authored several publications on business management and corporate development. Robert Heath
Robert Heath was appointed to the Board in 2000 and has served as Chief Executive Officer since August 2001. He also served as Chairman of the Board from June 29, 2001 until December 31, 2003, when the roles of Chairman of the Board and Chief Executive Officer were separated in accordance with prevailing standards for enhanced corporate governance. Mr. Heath brings to the Board and Management considerable business experience to Triant and a proven track record of accelerating growth in advanced technology companies. Previously, he was President and Chief Executive Officer of Strydent Software Inc., formerly the Imaging Division of Infowave Software, Inc. He has also held senior management positions with MacDonald Dettwiler and Associates (MDA) and Cymbolic Sciences, following several years with IBM. Mr. Heath graduated with honors from Bath University in the United Kingdom with a Bachelor of Science in Applied Physics and an MBA from Simon Fraser University. Richard (Dick) Deininger
Richard (Dick) Deininger was appointed to the Board in May 2003. Mr. Deininger brings to the Board a wealth of semiconductor industry experience. He served for 15 years in various executive management positions at AMD, including Director of Manufacturing Technologies where he was responsible for AMD’s corporate initiatives in advanced process control (APC), strategic equipment technologies and yield management & systems. Mr. Deininger led AMD’s award winning planning and design team for its state of the art manufacturing facility located in Dresden, Germany, which is considered to be the most advanced manufacturing operation in the world. Mr. Deininger’s previous experience includes 30 years at IBM, where he held several senior-level engineering and management positions including responsibility for the planning, engineering and implementation of IBM’s semiconductor wafer fabrication lines in East Fishkill, NY. Mr. Deininger holds a BSEE degree from the Newark College of Engineering. Richard (Dick) Grogan
Richard (Dick) Grogan was appointed to the Board in November 2005. Mr Grogan brings to the Board additional financial expertise along with significant management, board and audit committee experience. He is a Chartered Accountant and retired Executive Vice President and Chief Financial Officer of Emco Limited. He currently serves on several public, private and community boards as a director and audit committee member or chair, including Virtek Vision International Inc. (TSX: VRK), Bluewater Power Corporation, Baytech Plastics, Inc. and the Sarnia Community Foundation. Mr. Grogan is also a member of the Institute of Chartered Accountants of Quebec and holds a Bachelor of Commerce degree from Concordia University. Brian Piccioni
Brian Piccioni was appointed to the Board in February 2001. Mr. Piccioni brings to the Board in-depth knowledge of both the high tech sector and of capital markets. Mr. Piccioni is currently Managing Director, High Technology, Equity Research for BMO Nesbitt Burns. Prior to joining BMO Nesbitt Burns in 1998, he was a financial analyst at Marleau, Lemire Securities, a boutique brokerage firm specializing in researching and financing Canadian technology companies. Mr. Piccioni has been a high technology analyst for over 8 years and has been ranked a top 10 analyst for almost all of that time. Prior to joining the securities industry, Brian spent many years at other high technology companies in various positions. Mr. Piccioni is a Chartered Financial Analyst and has both an MBA from Concordia University and a Bachelor of Science degree from McGill University. William J. Wignall
Mr. Wignall was appointed to the board in 2006. Mr. Wignall has more than 12 years of executive management experience in the electronics industry and has held senior level positions in key functional areas including engineering, marketing, finance and general management. Until recently, he was President & CEO of Electronics Workbench, a leading supplier of electronics design automation software, which under his guidance was acquired by National Instruments Corporation (NASDAQ: NATI), a technology pioneer and leader in virtual instrumentation. Before joining Electronics Workbench, he was Vice President at Broadband Networks of Winnipeg (now part of Northern Telecom), a manufacturer of wireless broadband networking products. Prior to that he was Vice President and General Manager for Telezone, a telecom operating company, and also held various management positions at Nortel. Mr. Wignall is a registered professional engineer in Ontario and holds a B.A.Sc., Electrical Engineering from the University of Toronto. Officers of the Company - Top of Page Brian Harrison
Brian Harrison was appointed to the Board in February 2002 and was appointed Chairman of the Board effective January 1, 2004. Mr. Harrison brings to the Board considerable experience in business management and corporate development and also currently serves as Chairman of the Corporate Governance Committee. Prior to retiring in 2001, he served in various senior executive positions for A.T. Kearney Inc., one of the fastest growing and most successful management consulting firms in the world and a wholly owned subsidiary of Electronic Data Systems Corporation. As a member of A.T. Kearney’s Management Board, he was responsible for the firm’s global information technology, R&D, knowledge management, marketing and human resources groups. Prior to joining A.T. Kearney in 1987, Mr. Harrison spent 13 years at Booz, Allen & Hamilton, an international management consulting firm. Mr. Harrison received an MBA in International Finance from McGill University and a BASc (Engineering Science) degree from the University of Toronto. He has co-authored several publications on business management and corporate development. Robert Heath
Robert Heath was appointed to the Board in February 2000 and has served as Chief Executive Officer since August 2001. He also served as Chairman of the Board from June 29, 2001 until December 31, 2003, when the roles of Chairman of the Board and Chief Executive Officer were separated in accordance with prevailing standards for enhanced corporate governance. Mr. Heath brings to the Board and Management considerable business experience to Triant and a proven track record of accelerating growth in advanced technology companies. Previously, he was President & Chief Executive Officer of Strydent Software Inc., formerly the Imaging Division of Infowave Software, Inc. He has also held senior management positions with MacDonald Dettwiler and Associates (MDA) and Cymbolic Sciences, following several years with IBM. Mr. Heath graduated with honors from Bath University in the United Kingdom with a Bachelor of Science in Applied Physics and an MBA from Simon Fraser University. Mark Stephens
Mark Stephens has served as Chief Financial Officer and Corporate Secretary since 1994. Mr. Stephens brings to Management over 20 years of corporate and financial management experience with public and private companies, including seven years as Secretary-Treasurer of a TSX listed technology company. Mr. Stephens holds a BA (Economics) degree and an MBA (Finance and Accounting) degree from the University of British Columbia. If you would like to know more about the company and its products, please contact us by email or telephone: mail@triant.com
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