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Technology Stocks : Varian Semiconductor Equipment Associates -- VSEA

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To: Proud_Infidel who wrote (1673)9/21/2004 2:46:04 PM
From: Proud_Infidel  Read Replies (1) of 1929
 
Varian Semiconductor Ships Milestone 250th VIISta Platform System
Tuesday September 21, 2:38 pm ET

GLOUCESTER, Mass.--(BUSINESS WIRE)--Sept. 21, 2004--Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA - News) announced today that it has shipped its 250th single wafer VIISta platform ion implantation system, achieving a milestone that highlights its position as the leading supplier of single wafer ion implant tools.
"In the past eighteen months, the single wafer VIISta ion implanters have gained a leading position in the marketplace with 250 systems shipped to major microprocessor, logic, memory and foundry chipmakers around the world," said John Aldeborgh, Varian Semiconductor's vice president of sales and marketing. "In fact, 12 out of the top 15 semiconductor manufacturers have purchased the single wafer VIISta tools to develop advanced devices."

"Customers continue to seek out the single wafer VIISta universal platform due to the productivity advantages and inherent control of single wafer processing for all high current, medium current and high energy applications," said Ernest Godshalk, president and chief operating officer of Varian Semiconductor. "The VIISta platform is the industry's leading edge family of ion implanter products that creates a pathway for tool extendibility to 65nm, 45nm and beyond."

The VIISta(TM) platform of ion implanters is the only single wafer platform solution for all production applications available. All of the VIISta products feature the Varian Control System (VCS(TM)), the Varian Positioning Systems (VPS(TM)) and a common single wafer endstation. This high degree of commonality across the VIISta platform facilitates process matching throughout the tool set and provides flexibility in managing capacity, product mix changes, spare parts and training.

About Varian Semiconductor

Varian Semiconductor Equipment Associates, Inc. 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 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.

Note: This 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 performance, 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.

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Source: Varian Semiconductor Equipment Associates, Inc.
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