they are still around, maybe they need to do a buy back.
Did you think it is to late for them to preannounce?
ATMI ESTABLISHES ATMI JAPAN KK
Danbury, CT, USA and Tokyo, Japan - October 2, 2000 -- ATMI, Inc.
(Nasdaq: ATMI) announced today that it had registered ATMI Japan KK in
order to further its strategy of participating in the Japanese
semiconductor market. Registration was effective July 26, 2000 and an
office has been opened in Tokyo. Dr. Duncan W. Brown will serve as
President of ATMI Japan KK. Board members include Dr. Gene Banucci, CEO of
ATMI and Mr. Hajime Yagi, of Sony Corporation.
In making the announcement, Doug Neugold, President of ATMI, said,
"Japanese semiconductor manufacturers account for over 20% of the world's
supply of semiconductors and have made significant contributions toward
advancing process technology. Greater participation in the Japanese market
is an important component of our global product management plan and to the
achievement of our strategic intent -- to become the supplier of innovative
materials and related technologies and services to the microelectronics
industry."
Gene Banucci said, "Establishing ATMI Japan KK is the first step in
our strategy to increase ATMI participation in the Japanese semiconductor
materials market - a market which has historically been difficult for us to
penetrate in a meaningful way. We expect partnerships to be very important
to our future in Japan and we look forward to expanding business in
collaboration with our partners Nippon Sanso and Nissan Chemical."
Duncan Brown said, "The challenge of building ATMI's long term
participation in the Japanese market is exciting. We are committed to
increase our ability to support our Japanese customers, to grow our
businesses in Japan, and to support ATMI's global strategy. ATMI Japan KK
will initially provide customer support, applications support, and
technical service in cooperation with our existing distribution channels.
Over time, ATMI Japan KK activities will expand to include R&D and
manufacturing. Japan-based manufacturing, partnerships, mergers, and
acquisitions could all play a part in the future.
The semiconductor manufacturing process consists of numerous processes
including thin film deposition (chemical vapor deposition & physical vapor
deposition), ion implantation, photolithography, and surface preparation
(CMP and cleaning). ATMI's strategy is to develop and commercialize
innovative materials, delivery systems, and processes which enable new
devices or significantly improve the productivity of semiconductor fab
operations, and provide the needed services to allow customers to get to
market quickly with these products.
ATMI provides specialty materials, and related equipment systems and
services for the worldwide semiconductor industry. Related equipment
includes delivery, treatment, monitoring, and analytical process monitoring
systems. Services include material management, equipment servicing, and
thin film wafer deposition. In Japan, Nippon Sanso and ATMI are partnered
to provide safer and more productive process gas delivery systems; Nissan
Chemical and ATMI are partnered to provide liquid solutions used in
cleaning semiconductor wafers. |
