Varian Semiconductor Wins Chartered Semiconductor Manufacturing Award
GLOUCESTER, Mass.--(BUSINESS WIRE)--June 21, 2001--Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA - news), a leading supplier of ion implantation systems, today announced that it has received a Most Improved Supplier Award from Chartered Semiconductor at their annual supplier day conference in Singapore.
Candidates for the award were evaluated based on meeting performance criteria in the areas of overall quality, installation and service, technology innovation, uptime, equipment delivery and cost effectiveness. The Most Improved Supplier Award is part of Chartered Semiconductor's program to develop long-term relationships with key suppliers.
Varian Semiconductor's E-series implanters are part of the installed base at Chartered Semiconductor. The EHPi 500 is best known for its' exceptional performance in controlling threshold voltage adjust (Vt) implants, providing wider energy ranges, and enabling high-throughput factory automation. Varian Semiconductor has shipped approximately 800 E-series systems, making it the highest selling single-wafer platform in the world.
Barry Waite, president and chief executive officer of Chartered Semiconductor presented Jack White, Ph.D., Varian Semiconductor's director of sales, with the award. ``We want to thank Chartered Semiconductor for acknowledging us with this honor,'' White remarked. ``This award is another example of Varian Semiconductor's close working relationship with Chartered Semiconductor and further demonstrates our focus on achieving superior customer satisfaction.''
Chartered Semiconductor's annual supplier day conference provides an opportunity to publicly acknowledge the achievements of key suppliers who have helped to make Chartered Semiconductor a leading silicon foundry.
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.
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. |
