#South Korea #Seoul #Park Systems #Export Tower #AFM Technology

Park Systems Achieves Milestone Achievement in Export Awards

Park Systems, under the leadership of CEO Dr. Sang-il Park, has been honored with the prestigious '70 Million USD Export Tower' award during the 61st Trade Day ceremony held on December 5 in Seoul, South Korea. This significant achievement highlights the company's continuous ascent in the international market, following their previous recognitions of $30 million and $50 million export towers in 2020 and 2022, respectively.

Established in 1997, Park Systems has been at the forefront of developing and manufacturing high-end nanometrology tools, including atomic force microscopes (AFM) and imaging spectroscopic ellipsometers (ISE). These sophisticated instruments are vital for advancing research in nanotechnology and cater to various sectors, including semiconductors and display technologies. Park Systems boasts a robust global presence, managing 11 regional offices across 10 countries and collaborating with 32 distributors.

In 2023, the company made remarkable strides with an export record of $72.83 million, driven by its portfolio of high-value products and an impressive average annual growth rate of 20–30%. Markets in the United States, Europe, China, and Japan have become key areas for expansion, strengthened by participation in global exhibitions and partnerships with local firms.

Park Systems’ accomplishments go beyond mere financial statistics. In 2023, it was recognized as one of Forbes Asia's 'Best Under A Billion' companies for its innovative approach and growth potential. Additionally, the company has received the ‘KOSDAQ Rising Star’ designation for seven years running and is the first of its kind to earn an 'AA' technical evaluation rating. Furthermore, Park Systems' groundbreaking technologies have officially been recognized as national core technologies in South Korea, emphasizing its critical role as a leader in the tech sector.

The company is poised to make further advancements in industrial applications, including defect detection systems for EUV masks and automation tools for semiconductor manufacturing, fostering even closer relationships with major players in the semiconductor domain.

Karen Cho, CFO of Park Systems, expressed, "This recognition reflects our unmatched technology and relentless pursuit of innovation. We remain committed to advancing global nanotechnology through continuous development and by earning the trust of our customers worldwide."

About Park Systems Corp.

Park Systems, publicly traded under KOSDAQ 140860, specializes in atomic force microscopy and nano metrology systems for various scientific and industrial applications. The company aims to propel nanoscale innovations to address global challenges and facilitate groundbreaking scientific discoveries.
Clients range from premier semiconductor firms to esteemed research universities worldwide. With its headquarters in Suwon, South Korea, and regional offices spanning the Americas, Europe, and Asia, Park Systems represents a pivotal force in the nanotechnology landscape.

Understanding the Export Tower Award

The Export Tower Award, facilitated by South Korea's Ministry of Trade, Industry, and Energy in collaboration with the Korea International Trade Association, acknowledges companies contributing to export growth and job creation. The awards recognize the achievements of companies from July 2023 to June 2024, demonstrating their vital role in enhancing the nation's trade and industrial standing.

For further details, visit Park Systems.