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Technology Stocks : SEMITOOL (SMTL):Is it a hold?

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To: SemiBull who wrote (971)3/2/2004 9:18:49 PM
From: SemiBull   of 973
 
Rhetech Appoints Technical Sales Associates as Sales Representative

Tuesday March 2, 1:20 pm ET

COOPERSBURG, Pa.--(BUSINESS WIRE)--March 2, 2004--Rhetech, Inc., a wholly owned subsidiary of Semitool, Inc. (Nasdaq: SMTL - News) today announced the appointment of Technical Sales Associates, of Kokomo, IN, as the company's sales representative in the Central Midwest.

"Technical Sales Associates brings decades of semiconductor capital equipment experience and valuable contacts to the companies that they represent," said Vince McGinty, president of Rhetech. "TSA's adoption of our product line will both further the competitive advantage we offer customers and strengthen our customer support effort."

Terry Guyer, president of Technical Sales Associates, added, "The product line we gain from Rhetech reinforces our commitment to bringing innovative, cost-effective solutions to our customers." TSA will work with Rhetech customers in Kentucky, Illinois, Indiana, Michigan, Missouri and Ohio.

About Rhetech

Rhetech, Inc. was established in 1993 and is a wholly owned subsidiary of Semitool, Inc. (Nasdaq: SMTL - News), a worldwide leader in the design, development, manufacture and support of high performance, single-wafer and multi-wafer batch wet chemical processing systems for use in the fabrication of semiconductor devices and advanced packaging. Rhetech sells and services fully remanufactured and restored Semitool Spin Rinser Dryers, Spray Solvent Tools, Spray Acid Tools, Magnum and Spectrum batch processors and Equinox single wafer processing systems. Rhetech, Inc. is Semitool's only factory-authorized remanufacturing and restoration services provider. For more information, please visit the company's website at www.rhetechinc.com.
Contact:

Rhetech, Inc
Vincent C. McGinty, 610-282-0105
vmcginty@rhetechinc.com
or:
Terry Guyer, 765-455-0386
tsa@netusa1.net
or:
Investor Relations Partners, Inc.
Joanne Barbieri, 973-535-8389
joanneb@irpartners.com

Source: Rhetech, Inc.
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