Now this is interesting. Jeff
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TRIANT TECHNOLOGIES INC - Applied Materials Exercises Warrants to Acquire Common Shares - of Triant
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Story Filed: Tuesday, June 13, 2000 10:01 AM EST
Vancouver, BC, Jun. 13, 2000 (Market News Publishing via COMTEX) -- Applied Materials, Inc. of Santa Clara, California, exercised warrants to purchase 2,738,250 common shares of Triant Technologies Inc. at an exercise price of CDN$0.80 per share.
Following the exercise of these warrants, Applied Materials now owns a total of 5,476,500 common shares of Triant Technologies, and no longer holds any warrants to purchase additional shares of Triant Technologies. Applied Materials has acquired these shares for investment purposes, and does not presently intend to increase its beneficial ownership of, or control or direction over, any of the securities of Triant Technologies. Applied Materials is not acting jointly or in concert with any other person or entity with respect to the securities of Triant Technologies.
The common shares of Triant Technologies are listed on the Canadian Venture Exchange.
Authorized on behalf of Applied Materials by Joseph J. Sweeney, Group Vice President, Legal Affairs and Intellectual Property.
Triant Technologies Inc. is a leader in semiconductor equipment health monitoring and advanced fault detection (EHM&AFD) solutions. Triant Technologies' principal product, ModelWare/RT(TM), is an innovative software solution designed specifically for semiconductor manufacturers to detect and identify process and equipment faults in real-time and off-line. ModelWare/RT provides insight into equipment conditions and uses set-point and model-based alarms to quickly alert fab personnel processing and equipment failures and benefits customers by increasing overall equipment effectiveness, improving equipment maintainability and uptime, and increasing equipment throughtput. Triant Technologies' information is available via the Internet at www.triant.com.
Applied Materials, Inc. is a Fortune 500 global growth company and the world's largest supplier of wafer fabrication systems and services to the global semiconductor industry. Applied Materials is traded on the Nasdaq National Market System under the symbol "AMAT". Applied Materials' web site is appliedmaterials.com. |
