Varian Semiconductor Receives Significant Repeat Order From 1st-Silicon -Malaysia- Sdn. Bhd.
Malaysia's First 200mm Integrated Circuit Foundry Orders Complete Suite of Varian Semiconductor Equipment Ion Implantation Tools
GLOUCESTER, Mass.--(BUSINESS WIRE)--April 2, 2001-- Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA - news), a leading supplier of ion implantation systems, today announced that 1st-Silicon (Malaysia) Sdn. Bhd. has placed an additional multi-million dollar order for a complete suite of ion implant systems. The order includes Varian Semiconductor's VIISion 200 and VIISta 80 (High Current), EHPi 500 (Medium Current) and Kestrel 750 (High Energy) ion implanters.
``We are pleased to have Varian Semiconductor as our major supplier of ion implantation tools,'' stated 1st-Silicon's chief executive officer, Claudio G. Loddo. ``When every wafer counts you must partner with an organization that provides top quality products and award-winning customer support. Varian Semiconductor enables 1st-Silicon to prosper in a competitive environment and provide extremely high value to our customers. We look forward to the continuation of our business alliance with Varian Semiconductor, and advancing our integrated circuit production capabilities into the future through the support of this world-class organization.''
Ernest Godshalk, Varian Semiconductor's president and chief operating officer, remarked, ``We are excited to continue our support in 1st-Silicon's newest foundry expansion. This additional order for our ion implant systems further strengthens our partnership with 1st-Silicon and our commitment to providing customers with solutions, based on our technology leadership, that are simpler, smaller, faster, and smarter.''
About Varian Semiconductor:
Varian Semiconductor Equipment Associates is a leading producer of ion implantation equipment used in the manufacture of semiconductors. The company is headquartered in Gloucester, Massachusetts, and operates worldwide. Varian Semiconductor maintains a web site at www.vsea.com. The information contained in our web site is not incorporated by reference into this release, and our web site address is included in this release as an inactive textual reference only.
About 1st Silicon (Malaysia) Sdn. Bhd.:
1st-Silicon is a dedicated semiconductor foundry founded in 1998 by the Malaysian State of Sarawak. 1st -Silicon's 200mm wafer fab, with a full capacity in excess of 30,000 wafers per month, became operational in Q3 2000. Volume production of 0.25 micron digital and mixed signal CMOS technology began shipping in Q1 2001. Geometries of 0.18 micron and below will soon follow. 1st-Silicon's customers include its technology partner, SHARP, and other major semiconductor companies. The Company has its headquarters in Kuching, Sarawak, Malaysia, and a US registered Subsidiary Corporation located in San Jose, California. Please visit 1st-Silicon's homepage at www.1stsilicon.com for more information.
Note: This press release contains forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. For this purpose, the statements concerning the company's operating outlook, market share and technology leadership are forward-looking statements. There are a number of important factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements. These include, among others, volatility in the semiconductor equipment industry; economic conditions in general and as they affect the company's customers; significant fluctuations in the company's quarterly operating results; the impact of rapid technological change and the company's dependence on the development and introduction of new products; the company's concentration on ion implantation systems and related products; concentration in the company's customer base and lengthy sales cycles; the highly competitive market in which the company competes; risks of international sales; foreign currency risks; general economic conditions; and other factors identified in the company's Annual Report on Form 10-K, and the most recent Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. The company cannot guarantee any future results, levels of activity, performance or achievement. The company undertakes no obligation to update any of the forward-looking statements after the date of this press release. |
