Photronics, Inc. is a manufacturer of photomasks, which are photographic quartz plates containing microscopic images of electronic circuits. The Company supports customers across the full spectrum of integrated circuit (IC) production and flat panel display (FPD) technologies by manufacturing photomasks using electron beam or optical (laser-based) systems. The end markets served with IC photomasks include devices used for microprocessors, memory, telecommunications and related applications. The Company sells products to manufacturers in the semiconductor and FPD industries in North America, Europe and Asia. In the case of ICs, the Company includes photomasks at and below the 45 nanometer technology node and, for FPDs, at and above the Generation 8 technology node and active-matrix organic light-emitting diode display screens. The Company operates principally from over nine manufacturing facilities, which are located in Europe, Taiwan, Korea and the United States.