Have you guys seen the following (from Stock Smart):
Ultratech Stepper Receives First Order for Its Newly Introduced Model 6700 Advanced Thin Film Head Lithography Tool
SAN JOSE, CALIF. (Jan. 30) BUSINESS WIRE -Jan. 30, 1997--Ultratech
Stepper, Inc. (NASDAQ:UTEK), a leading supplier of photolithography
systems used to manufacture semiconductors and thin film heads (TFHs)
for disk drives, today announced that it has received the first order
for its Model 6700 from a leading U.S. disk drive manufacturer.
Shipment of the order is scheduled for the first fiscal quarter of
1997. The second in the company's family of sub-micron i-line
lithography tools for data storage applications, the Model 6700 is
designed to address the need for increased storage capacity and
performance. Building on Ultratech's worldwide leadership in TFH
lithography tools, the system leverages the company's experience
providing i-line lithography tools for the semiconductor industry.
Rapid growth in the data storage industry has accelerated the need for
disk drives with added storage capacity, faster access, smaller
packaging and lower prices. The industry is responding to these
requirements through the production of magneto-resistive (MR) heads,
which allow for higher aerial density and enable greater storage
capability.
Introduced in September 1996 specifically for the manufacture of MR
heads, the Model 6700 is designed to meet the tighter alignment
requirements for advanced TFH production, while addressing cost
sensitivities prevalent in the industry.
Commenting on the order, Ultratech's Senior Vice President of Sales,
Service and Marketing Dan Berry noted, "The Model 6700 was selected for
its process capabilities, including advanced resolution and alignment
for finer linewidths, as well as the manufacturer's success with its
existing Ultratech tool base. Other deciding factors included a
successful processing demonstration of the system at Ultratech's
manufacturing facility and the tool's ability to maintain cost of
ownership and productivity benefits -- two essential factors for this
rapidly changing, cost-sensitive market."
The Model 6700 features 0.65-micron resolution capabilities, 80nm, 3
sigma alignment and 50nm colinearity. Its 18mm x 55mm field size
enables the exposure of an entire width of a two-inch strip of magnetic
head devices. This wide-field exposure capability, which can provide
up to a 50 percent reduction in the number of exposures imaged on the
wafer, also offers improved colinearity for tighter throat height
control.
When coupled with the system's high wafer plane irradiance, these
technology attributes offer throughput, cost and productivity
advantages to manufacturers. Leveraging Ultratech's common tool
platform, the Model 6700 is designed to offer mix-and-match
capabilities with Ultratech's Model 4700 advanced TFH system.
"Safe Harbor" Statement under the Private Securities Litigation Reform
Act of 1995: Except for historical information, the matters discussed
in this news release that may be considered forward-looking statements
may be subject to certain risks and uncertainties that could cause the
actual results to differ materially from those projected, including
uncertainties in the market, the timely development and acceptance of
new products and upgrades, pricing competition, procurement and
manufacturing efficiencies, and other risks detailed from time to time
in the company's SEC reports. The company assumes no obligation to
update the information in this release.
About Ultratech: Founded in 1979, Ultratech Stepper, Inc. designs,
manufactures and markets photolithography steppers used worldwide in
the fabrication of semiconductor and thin film heads for disk drives.
The company produces products that substantially reduce the cost of
ownership for manufacturers in the electronics industry. Ultratech's
common stock is traded on the Nasdaq Stock Market under the symbol
UTEK.
--30--mg/sf* gdr/sf
CONTACT: Ultratech Stepper, Inc.
Scott Zafiropoulo, 408/577-3116
or
MCA, Inc.
Terry Anderson, 415/968-8900
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS PRODUCT REPEATS: New
York 212-752-9600 or 800-221-2462; Boston 617-236-4266 or
800-225-2030; SF 415-986-4422 or 800-227-0845; LA 310-820-9473
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