Varian Semiconductor Honored by Micronas with Equipment Supplier Excellence Rating
GLOUCESTER, Mass.--(BUSINESS WIRE)--May 14, 2002--Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA - News), the leading supplier of ion implantation systems, today announced it has received an Equipment Supplier Excellence rating from Micronas. Micronas (SWX: MASN, Neuer Markt Frankfurt: MNSN) is a leading supplier of integrated circuit (IC) and sensor system solutions for consumer electronics, multimedia and automotive electronics.
Varian Semiconductor received top scores in all of the following performance categories: settlement before order, preparation of installation, installation, hardware start-up, process start-up, service after acceptance, and uptime in the first few months of production.
"Varian Semiconductor has been a key supplier for Micronas for more than twenty-five years," said Dr. Ruediger Stroh, director of wafer fab operations at Micronas. "They consistently provide customized support and maximum up-time for our fleet of VSEA implanters. This rating recognizes their superior performance and unwavering commitment to achieving excellence in customer satisfaction."
Varian Semiconductor currently supports an installed base of medium current and high current implanters at Micronas' fabs. Commenting on the Varian Semiconductor support efforts, Walter Sullivan, Varian Semiconductor vice president of customer operations and chief information officer stated, "We want to thank Micronas for acknowledging our efforts with this honor. We are delighted to accept this rating on behalf of all our employees who work towards maintaining our status at the customer satisfaction leader."
About Varian Semiconductor
Varian Semiconductor Equipment Associates is the 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 the company's web site is not incorporated by reference into this release, and the web site address is included in this release as an inactive textual reference only.
About Micronas
Micronas (SWX: MASN, Neuer Markt Frankfurt: MNSN), a semiconductor company group with worldwide operations, is a leading supplier of cutting-edge IC and sensor system solutions for consumer electronics, multimedia and automotive electronics. The holding is headquartered in Zurich (Switzerland). Currently, the Micronas group employs about 1,500 people. In 2001, it generated over CHF Million in sales. For more information on Micronas and its products, please visit www.micronas.com.
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 expectations regarding the customer discussed in this release, market share and technology leadership, technological capabilities and benefits are forward-looking statements and any statements using the terms "believes," "anticipates," "expects," "plans," or similar expressions are forward-looking statements. There are a number of important risks and 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; 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; and 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. |
