Brooks-PRI Automation Wins Multi-Million Dollar Hardware and Software Order from China's Grace Semiconductor Friday November 22, 3:43 pm ET GSMC purchases Brooks-PRI's SMIF Load Ports, Lithography Management System and Manufacturing Execution Software
CHELMSFORD, Mass., Nov. 22 /PRNewswire-FirstCall/ -- Brooks-PRI Automation, Inc. (Nasdaq: BRKS - News), which delivers total automation for semiconductor manufacturing, announced today that Grace Semiconductor Manufacturing Corporation (GSMC) of China has purchased Brooks-PRI's SMIF Load Ports, Lithography Management System and Manufacturing Execution System (MES) software for its 200mm foundry fab in Shanghai. These wins signify the growing adoption of Brooks-PRI's solutions in the region, according to Jeff Cassis, senior vice president of Brooks-PRI's FAB Systems Group. "Clearly China is an important emerging market with a lot of potential for both software and hardware, and we're proud that our hard work in Asia is paying off in the form of multiple wins and significant market share gains."
Peter Chen, vice president of operations at GSMC explained that the foundry selected Brooks-PRI due to its extensive experience in automation technology and in integration. "Automation will be critical to GSMC's ability to ramp our new fab quickly, and keep the facility running at maximum productivity," said Mr. Chen. "As our trusted automation partner, Brooks-PRI will play a key role in our success."
Cassis noted that this GSMC order demonstrates the growing footprint Brooks-PRI has within its customers' fabs. "The trend is for fabs to simplify supplier relationships and to reduce their risks by using proven solutions," said Cassis. "Given the breadth and depth of our product portfolio Brooks-PRI is well positioned to respond to this trend."
Delivery and implementation of the order began in the fourth quarter of Brooks-PRI's fiscal 2002.
About Brooks-PRI Automation, Inc.
Brooks-PRI (Nasdaq: BRKS - News) delivers total automation. The company's hardware, software and services can manage every wafer, reticle and data movement in the fab, helping semiconductor manufacturers accelerate time-to- market while reducing their risk. Brooks-PRI products are used in virtually every fab in the world. For information, visit brooks-pri.com.
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The foregoing discussion contains forward-looking statements related to future results and speaks only of the Company's expectations as of the date of this press release. These include statements concerning the technical and geographic markets for our products and the capabilities of those products, and they involve several known and unknown risks and uncertainties that could cause Brooks-PRI's financial results to differ from expectations. Factors that could cause such differences include, without limitation, the continued success of Brooks-PRI Automation, Inc. (the "Company") in the marketplace, the Company's dependence on the cyclical semiconductor industry, the success of our products in meeting customers' expectations, our ability to compete successfully in a variety of geographic markets, the highly competitive nature and rapid technological change that characterize the industries in which the Company competes, and other risks and uncertainties described in the Company's reports and registration statements filed with the Securities and Exchange Commission. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statement to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which any such statement is based. |