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Technology Stocks : Varian Semiconductor Equipment Associates -- VSEA

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To: robert b furman who wrote (1763)2/24/2006 10:32:03 AM
From: Proud_Infidel   of 1929
 
Varian Semiconductor's VIISta HC Selected as Top Product of 2005
Friday February 24, 10:15 am ET

GLOUCESTER, MA--(MARKET WIRE)--Feb 24, 2006 -- Varian Semiconductor Equipment Associates, Inc. (NasdaqNM:VSEA - News) announced today that its VIISta HC single wafer high current ion implant system was selected as one of "The Top Products of 2005 in semiconductor/thin-film processing" by Solid State Technology and was recognized as one of the "Greatest Hits of 2005" by MICRO Magazine. Both acclaims are given in their December 2005 issues.

Stan Yarbro, executive vice president of Varian Semiconductor's worldwide field operations said, "We are honored that the VIISta HC was recognized as one of the top products by these leading industry magazines. The VIISta HC's advantages of higher yield and productivity are driving the shift from batch systems to single wafer tools. Customers worldwide are embracing our technology, many with multiple orders for our HC tools. This industry recognition reinforces the advantages that are driving customer demand for our tools."

"The VIISta HC's patented dual magnet ribbon beam architecture delivers superior particle performance and enables the highest productivity," said Gary Dickerson, Varian Semiconductor's chief executive officer. "Our customers continue to tell us that the VIISta HC is among the cleanest tools in the fab, which translates into higher yields. We are experiencing strong demand for our VIISta HC tools and have shipped over 200 single wafer high current systems. Our recently announced wins at major foundry, memory and logic manufacturers underscore the worldwide acceptance of our product."

About the VIISta HC

The global shift to single wafer ion implanters is driven by both the sensitivity of advanced devices to contamination and the requirement for precise implant angle accuracy. The VIISta HC single wafer ion implanter is the only system featuring a dual magnet ribbon beam architecture which provides the highest productivity and lowest contamination levels in the industry. In addition, the VIISta HC's unique closed-loop Varian Positioning System (VPS(TM)) offers interlockable angle control for true zero degree applications. These features, combined with repeatable beam steering control, assure precise dopant placements required in sub-65nm devices. The VIISta HC is a member of the VIISta suite of ion implanters -- the only production proven single wafer platform solution for all implant segments with over 400 systems installed worldwide.

About Varian Semiconductor

Varian Semiconductor Equipment Associates, Inc. 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.

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
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