PR89917

AUSTIN, Texas, June 8, 2021 /PRNewswire=KYODO JBN/ --

-- CAE addresses global semiconductor shortage by uncovering assets through

GIS, an in-house research, inspection and due diligence team

CAE, the industry's first and leading software and data-driven physical

commodity trader for semiconductor capital equipment and commodities, unveils

an in-house research, inspection and due diligence team, Global Inspection

Services (GIS), to provide on-the-ground support throughout the world.

Concurrently launched in the United States, Europe, and Asia, GIS is designed

to accelerate transaction cycle times, dramatically reduce buyer risk, and

improve the process of selling equipment or commodities for CAE's community of

suppliers.

Logo - https://mma.prnewswire.com/media/1455896/CAE_Logo.jpg

CAE provides a confidential, reliable source for buying and selling

semiconductor production equipment and commodities. CAE's introduction into the

marketplace has created a safe space for device manufacturers to trade

equipment without their competitors having any indication into their day-to-day

business, entering their facilities, or diverting internal resources from their

primary business function. Through CAE, sellers can now rapidly reach a

community of tens of thousands of potential buyers, transact in a

compliance-guaranteed environment, and with the addition of GIS, not lift a

finger to gather and disseminate asset information.

Today, GIS provides CAE's clients with rapid reactions to their needs and

real-time information on assets worldwide by diving deep into known assets and

suppliers and unearthing new assets and suppliers daily. GIS is the only tool

of its kind in the semiconductor industry because it provides buyers with

proprietary assets that aren't available online. CAE's inspection professionals

are based within same-day proximity to nearly all active fabrication

facilities. This enables CAE to accumulate proprietary data from fabrication

facilities to provide their clients with access to inventory that can't be

found anywhere else. Meanwhile, CAE is ensuring that the information that's

going to the market is accurate and safe. Through GIS, CAE provides

on-the-ground support to conduct due diligence before products are traded and

shipped to buyers. Once a transaction is complete, CAE's in-house team oversees

the logistics of relocating the asset out of the seller's location and

transporting it to the buyer's location, including an industry-leading export

compliance system.

"GIS was established to make the semiconductor equipment and commodity market

safe, transparent, and reliable," said Ryan Jacob, chief executive officer for

CAE. "We are streamlining the process for buyers by anticipating and collecting

necessary information, based on what hundreds of buyers have requested in the

past, to ensure that our information is comprehensive and accurate. We are

simplifying the process for sellers because we are local to wherever they are

and we can move faster than anyone else. CAE stands by the accuracy of the

information it collects. The equipment or materials photographed, shown in a

video, or demonstrated will arrive with everything in the pictures, video, or

demonstration. We stand behind it and it is guaranteed in the transactions for

thousands of assets we trade each year. No one else stands behind their

information."

"We are in the midst of a global semiconductor shortage -- CAE is addressing

the semiconductor shortage by uncovering the assets that are bridging the gap

between supply and demand, reducing lead times, and removing transactional

risk," said Austin Gill, vice president of operations for CAE. "CAE has

invested heavily into technology designed to support GIS. We have the largest

on-the-ground presence in the world with 25 people supporting our in-house

inspection services."

CAE's internally developed, proprietary technology creates a transactionally

validated solution for end-to-end sourcing, due diligence, purchasing and

logistics management for the semiconductor market. CAE tracks over 555,000

assets inside fabrication facilities, warehouses, refurbishment companies and

research centers worldwide -- many on an exclusive basis. Simultaneously, CAE

works with clients on over 271,000 active inquiries, the most extensive

collection of supply and demand in the world. In 2021, GIS is projected to

conduct over 600 inspections, estimated at 12,000 assets, across fabrication

facilities, research centers, warehouses and refurbishment companies worldwide.

About CAE

CAE is a global software and data-driven physical commodity trader for

semiconductor production equipment and commodities. Headquartered in Austin,

Texas, CAE developed the market-share-leading, transaction-validated technology

that enables the end-to-end processing of semiconductor equipment and commodity

purchases, sales and shipments. To learn more, please visit caeonline.com (

https://c212.net/c/link/?t=0&l=en&o=3185695-1&h=2405136940&u=http%3A%2F%2Fwww.caeonline.com%2F&a=caeonline.com

).

SOURCE CAE

CONTACT: Morgan Lawrence, APR, Director of Communications, THE rAVe Agency,

Mobile: +1 (419) 631-8052, Email: morgan@theraveagency.com,

www.theraveagency.com