Silterra Exceeds Progress Projections for Q3 1999;
Company's Management Team Sets Q3 as Standard for Success
12:48 p.m. Nov 08, 1999 Eastern
SUNNYVALE, Calif.--(BUSINESS WIRE)--Nov. 8, 1999--Silterra(TM)
(Malaysia) Sdn. Bhd. announces its Q3 1999 accomplishments have put the
company clearly on its way to readiness in Q4 2000, when actual wafer
fabrication will commence. Silterra's full-service, state-of-the-art facility will
ramp up to 30,000 eight-inch wafers per month by 2002.
Construction on Silterra's Malaysian foundry is well underway, with the near
completion of the clean room's waffle slab. The company expects the clean
room to be water-tight by January 2000. The projected capital equipment
installation date is Q3 2000, consistent with Silterra's earlier estimations.
Q3 1999 also finds Silterra with more than 100 engineers in LSI Logic's
Gresham, Oregon fab. These engineers are being trained to work in Silterra's
semiconductor manufacturing facility so the company and its customers do
not experience any down time between completion of the facility and
exceptionally trained staff.
Silterra has been building a customer base and is expecting to close multiple
deals shortly after the start of the new year. Be on the lookout for customer
announcements in Q1 2000.
Lastly, Silterra has launched an improved Web site, which can be viewed at
www.silterra.com. The physical appearance of the Web site been altered as
well as, the addition of several new and exciting features, such as a photo of
the construction site under "See Our Progress," information on Silterra's
process technologies, a conference calendar and a description of Silterra's
planned service offerings. This site reported more than 70,000 hits in October
and approximately 14,000 hits in the first week of November!
"Silterra was started with the expectations of excellence, success, quality and
integrity," stated Steve Della Rocchetta, executive vice president of sales and
marketing for Silterra. "We are extremely proud of our third quarter
accomplishments, which set the standard for the future of Silterra -- to
consistently exceed expectations."
About Silterra (Malaysia) Sdn. Bhd.:
Silterra (Malaysia) Sdn. Bhd., a wholly-owned subsidiary of Wafer
Technology (Malaysia) Sdn. Bhd., was founded in December of 1997 to
manage international sales and marketing operations in the U.S., Asia and
Europe markets. Silterra is a full-service semiconductor manufacturing
provider that offers customers leading-edge process technologies. Silterra's
factory will be operational in Q4 2000, ramping to 30,000 eight-inch wafers
per month by 2002. Silterra will have immediate access to LSI Logic's
capacity on the license technologies to qualify and develop customers. Silterra
is headquartered in Kulim, Malaysia, with a sales and marketing office in
Sunnyvale, California. For further information on Silterra or its services, visit
www.silterra.com.
Copyright 1999, Business Wire
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