SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Trikon Technologies - TRKN

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robert Henry who wrote ()3/21/2000 11:37:00 AM
From: bob zagorin  Read Replies (1) of 926
 
Trikon Wins Major Order for Optical Semiconductor Production; 8 Plasma Systems Ordered for Expansion of Optical Semiconductor Device Production

NEWPORT, Wales, United Kingdom--(BUSINESS WIRE)--March 21, 2000-- Trikon Technologies, Inc., (Trikon, OTC-BB:TRKN), a technology leader in semiconductor capital equipment, today announced that a major North American communications company has ordered eight plasma etch and CVD systems for a broad range of processes for the manufacture of indium phosphide optoelectronic devices.

"Our customer is an acknowledged leader in high speed semiconductor devices for both optical and wireless devices. We are proud to be part of their expansion," said Nigel Wheeler, Trikon president and chief executive officer. "This order is a significant endorsement for Trikon. This is a new account for us and in order to win this order we had to demonstrate superior technologies and world class support."

Mr. Wheeler continued, "Once again Trikon has shown itself capable of winning business for multiple technologies for advanced processes. This order was for a combination of M0RI(TM) and ICP technologies on the Omega(R) single chamber platform for plasma etching indium phosphide and dielectric layers and Delta(TM) single chamber plasma CVD systems depositing a range of dielectric materials. It establishes Trikon as the vendor of choice for production plasma processing on compound materials used for high-speed applications such as wireless and opto devices."

Optoelectronic devices such as semiconductor lasers and receivers are an essential part of fiber optic based interconnectivity. Fiber optics provide the highest speed and band width for fixed line connections enabling high speed networking and Internet access.

Other recent news from Trikon includes:

- Exchange of bonds and preferred notes for common stock

reducing dividend payable in fiscal 2000 by $1.1m and

reducing interest payable by $72,000

- Tower Semiconductor Ltd. order additional Flowfill(R)and

Forcefill(R)systems for production expansion

- 1999 profitable with product sales up 92% on 1998

- The first Asian order for Low K Flowfill(TM) from

Silterra(TM)

- The first production orders for Low K Flowfill(TM) from LSI

Logic Corporation

- LSI's report stating that the use of Low K Flowfill(TM) in

their device designs made possible "an immediate performance

gain of nearly 25% over similar designs using standard

dielectric materials, but at no significant extra cost."

About Trikon Technologies Inc.

Trikon, has patents and patents pending on Flowfill(R), Low K Flowfill(TM), Forcefill(R) and related processes and continues to develop processes and equipment for advanced applications. Trikon provides a broad line of advanced manufacturing systems used for three of the major processing steps in the manufacture of a semiconductor device: chemical vapor deposition (CVD), physical vapor deposition (PVD) and plasma etch. Products include: Planar 200(R) Flowfill(R) for advanced dielectric deposition, Sigma(R) for advanced metal deposition including Forcefill(R) layers and M0RI(TM) high-density plasma etchers. For additional information visit www.trikon.com

"Safe Harbor" Statement Under the Private Securities Litigation Act of 1995: This news release contains certain forward-looking statements, including, but not limited to, statements relating to the continued strength in demand for semiconductor production equipment and the status of Trikon's products and their acceptance in the marketplace. These forward-looking statements are subject to various risks and uncertainties that could cause results to differ materially, including, but not limited to, (1) that the semiconductor industry will experience conditions, such as changes in demand for various types of semiconductors, that will affect the demand for semiconductor production equipment and Trikon's products, (2) that Trikon will not adequately respond to technological developments impacting the semiconductor industry, (3) market acceptance of Trikon's advanced products will not be forthcoming. These factors are not intended to represent a complete list of all risks and uncertainties inherent in the Company's business, and should be read in conjunction with the more detailed cautionary statements included in the company's SEC reports, including, without limitation, its annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K.

--30--rr/cgo*

CONTACT: Trikon Company contact: Carl Brancher

Trikon Technologies

44 (0) 1633 414111 (U.K.) carl.brancher@trikon.com

or

contact:

Alexander Fudukidis

Ludgate Communications

212/515-0246

fudukidi@ludgateny.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext