SVGI isn't sleepy for sure!
Wednesday April 12, 8:07 am Eastern Time
Company Press Release
European Customer Places Multiple SVG Micralign System Order
SAN JOSE, Calif.--(BUSINESS WIRE)--April 12, 2000--Silicon Valley Group (Nasdaq:SVGI - news) announced today a multiple system order for its Micralign product line from a major European semiconductor manufacturer supplying chips to the automotive and telecommunications industries. The order is valued at more than $10 million, and shipments are earmarked for the customer's French and Singapore facilities.
By offering chipmakers a proven high throughput and high yield solution, the Micralign system has been a successful product for SVG. With the largest depth of focus and tightest overlay at +/- 0.25 micron of any one-to-one scanning projection aligner on the market, the Micralign complements SVG's broad spectrum of lithography product offerings for critical and sub-critical applications.
``This is a significant order from a customer that has one of the largest installed base of Micralign Systems in the world today,' explained John Shamaly, president of SVG Lithography Systems. ``This latest order represents our customer's long-term commitment to using SVG's scanning projection aligners that has spanned over twenty years.'
``Our customers continue to demonstrate confidence that the Micralign product line offers a reliable and highly cost-efficient process solution,' said Papken der Torossian, chairman and CEO of SVG. ``This order is especially significant because it shows the continuing need for our Micralign technology in the modern fab and our worldwide support capabilities for lithographic products.'
About Silicon Valley Group
Silicon Valley Group (Nasdaq:SVGI - news) is a leading manufacturer of automated wafer processing equipment for the worldwide semiconductor industry. The company designs, manufactures and markets technically sophisticated equipment used in the primary stages of semiconductor manufacturing. Its products include photolithography exposure tools; photoresist processing equipment; oxidation, diffusion and low-pressure chemical vapor deposition processing systems; atmospheric pressure chemical vapor deposition systems and precision optical components and systems. For more information, visit svg.com.
Forward-looking Statement Disclaimer: The matters discussed in this news release, and in particular statements made by the Chairman and CEO of SVG and the President of SVG Lithography Systems, include forward-looking statements that involve risks and uncertainties including but not limited to difficulties encountered or the benefits derived from customers using the Micralign tool. For a complete review of the risks facing the Company, including economic conditions, industry conditions, trade environment and other risks, reference is made to the Company's filings with the Securities and Exchange Commission. Particular reference is made to the Company's most recent Forms 10-K and 10-Q, which detail such risk factors.
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Contact:
Silicon Valley Group Inc.
Werner Rust, 408/467-5949
rustw@svg.com
Nancy Szymanski, 408/467-5870 (Investor Relations)
szymansn@svg.com
or
Mathews & Clark
Stewart Chalmers 650/815-1006
schalmers@mathewsandclark |
