Epigenesis, Inc., formerly Quad Systems Corporation, distributes, markets, designs, manufactures and supports surface mount technology (SMT) equipment used in the assembly of printed circuit wiring boards. In conjunction with its primary business of selling SMT assembly equipment, the Company markets screen printers, reflow ovens and certain other peripherals such as component feeders, matrix tray handlers, material handling conveyors and machine vision systems. The Company offers various SMT and APT process equipment and related services for the electronics manufacturing market. In July 2001, the Company announced that it had sold its business and substantially all of its United States assets other than accounts receivable, including the Quad name, to Tyco Electronics Corporation. In connection with the sale, the Company changed its name from Quad to Epigenesis, Inc., under which it will operate until the completion of its expected liquidation.