Coherix Teams With North Coast Capital Corporation to Provide Equipment Lease and Finance Options to Customers

Ann Arbor, Michigan, August 26, 2013 — Coherix, Inc., a leading 3D vision company serving the electronics, semiconductor and automotive industries has teamed with North Coast Capital Corporation to provide affordable third party leasing and installment loan options to competitively meet Coherix’s customers’ equipment funding needs.

Financing options are now available for all Coherix’s ShaPix® products, including the newly introduced ShaPix 1500 Series systems which are more compact, portable and more affordable. All ShaPix products use state-of-the-art, non-contact sensing technology tocapture full 3D data on planar surfaces (4 million points of data within seconds) and enable manufacturers to confirm precision parts are being manufactured as design intended. The captured data is translated into a full 3D color visualization that is easy to understand and quickly identifies any problems. The ShaPix Analyzer Software can export a customized report that shows the parts meet the customers’ requirements. This report gives customers the confidence in the quality of the parts and may eliminate the need for incoming inspections. This rapid information enables suppliers to produce higher quality parts and significantly reduce their manufacturing costs. Automobile manufacturers produce higher quality engines and transmission assemblies resulting in less scrap and lower warranty repair costs.

North Coast Capital Corporation, founded by Mark Fecher, is committed to listening to customers’ needs and then delivering professional advice and competitive financial solutions. They are an active member of the Equipment Leasing and Finance Association based in Washington, D.C. North Coast Capital Corporation is able to quickly assess customers’ credit using a one page lease application. North Coast Capital allows affordable and efficient access to Coherix 3D high-definition technology with rates and terms that are competitive with the best in the industry.

Coherix is a global supplier of high-speed, high-definition 3D visualization and inspection solutions designed to improve manufacturing processes. The company has technical centers in Europe and the Asia Pacific Region, serving companies such as Intel, Amkor, BorgWarner, Ford, Honda, Allison, Chrysler, General Motors, Micron, Infineon, John Deere, Volvo and Aisin.

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