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PR Newswire
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Flextronics Lab IX Announces Partnership With Mantis Vision For Customized 3D Scanning Solutions

ISRAEL and MILPITAS, Calif., March 18, 2014 /PRNewswire/ --Flextronics (NASDAQ: FLEX) today announced that its hardware venture arm, Lab IX, has entered into agreement to provide support to Mantis Vision, a disruptive technology company that develops and designs 3D image and motion capture hardware and software solutions for consumer and professional applications. Known as MV4D, Mantis Vision's core technology enables motion-capable 3D capture for depth sensing, smart object measurement and recognition, and generation of high resolution 3D models.

As part of the partnership, Flextronics is working with Mantis Vision to provide first-to-market, scalable delivery of customized 3D scanning solutions. These tailored products are designed to meet field and use-case specific requirements for consumer-facing solutions such as 3D embedded mobile and peripheral devices, and for professional solutions for the medical, defense, law enforcement, and oil & gas industries, among others.

All delivered products will leverage Mantis Vision's mature MV4D core technology, field-proven through years of usage in the company's F5 Handheld 3D Scanner. The F5, Mantis Vision's first product to enter the market, is a high-end, high-resolution mobile scanning solution for professional and semi-professional applications. Flextronics will provide support to Mantis Vision for the continued manufacturing, testing and production of the F5.

Lab IX, partners with start up, game changing, technology companies and provides support and services to select technology companies incorporating hardware and software innovation. Lab IX is uniquely situated within Flextronics' Silicon Valley Product Innovation Center and Israel location providing office and shop space, new product introduction services, design and advanced engineering support, and access to Flextronics' global supply chain and manufacturing expertise.

"We are very excited to announce that we have invested in Mantis Vision," said Lior Susan, vice president and head of Lab IX. "We believe that the 3D market is one of the best examples of a disruptive technology today, and Mantis Vision is leading the way with its first-to-market advantage. Their technology fulfills the enormous and emerging demand for user-generated 3D content creation solutions such as 3D printing, ecommerce, immersive and augmented experiences, and the list goes on."

"This partnership, the first of its kind for Mantis Vision, is a big leap forward in enabling our customers to bring 3D innovations to market on a mass scale," said Amihai Loven, CEO of Mantis Vision. "Together with Flextronics we will be able to sustain a long-term commitment to delivering breakthrough customized 3D solutions at world-class manufacturing levels, while maintaining the superior performance expected of MV4D technology."

For more information on Lab IX, visit www.labix.io/.

About Flextronics

Flextronics is a leading end-to-end supply chain solutions company that delivers design, engineering, manufacturing and logistics services to a range of industries and end-markets, including data networking, telecom, enterprise computing and storage, industrial, capital equipment, appliances, automation, medical, automotive, aerospace and defense, energy, mobile, computing and other electronic product categories. Flextronics is an industry leader with $24 billion in sales, generated from helping its customers design, build, ship, and service their products through an unparalleled network of facilities in more than 30 countries and across four continents. Flextronics' service offerings and vertically integrated component technologies optimize customer supply chains by lowering costs, increasing flexibility, and reducing time-to-market. For more information, visit www.flextronics.comor follow us on Twitter @flextronics.

About Mantis Vision

Mantis Vision develops technologies and products that will bring 3D to every mobile device, home and business. Its software and hardware component solutions, based on its core MV4D "motion capable" 3D range-imaging technology, are designed to enable user-generated content creation (UG3D) throughout the 3D ecosystem. Mantis Vision's consumer-oriented product offering includes a range of peripheral and embedded UG3D devices. Mantis Vision's first product to enter the market was the F5 Handheld 3D Scanner, a high-end mobile scanning solution for professional applications. The F5 is used in the medical, industrial, defense, law enforcement, and cultural heritage fields, among others. For more information, visit www.mv4d.com

Renee Brotherton

Kevin Kessel

Corporate Communications

Investor Relations

+1 408-576-7189

+1 408-576-7985

renee.brotherton@flextronics.com

kevin.kessel@flextronics.com

SOURCE Flextronics

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