Varian Semiconductor #1 in Ion Implant Market Share Monday April 24, 2:15 pm ET
GLOUCESTER, MA--(MARKET WIRE)--Apr 24, 2006 -- Varian Semiconductor Equipment Associates, Inc. (NasdaqNM:VSEA - News) has been recognized as the number one ion implant supplier for 2005. According to new reports recently issued by both VLSI Research and Gartner Dataquest, Varian Semiconductor gained approximately nine percentage points in total market share in 2005. VLSI Research reported Varian Semiconductor's share at 41% and Gartner Dataquest at 39%. Gary Dickerson, Varian Semiconductor's Chief Executive Officer stated, "There are three factors driving our significant gains in market share. First, our VIISta single wafer platform is the only single wafer solution for all segments of the ion implant market. Second, we continue to invest in bringing the most productive tools to market. Third, our ion implant tools have architectural advantages that result in our customers achieving higher yield and better device performance. Customers value the productivity and yield advantages that are provided by our production-proven VIISta platform and are rewarding us with increased share in all implant market segments. We want to thank our customers for making us #1 and we look forward to continuing to work with them to meet their future cost and yield challenges in ion implant."
Varian Semiconductor's products are used by chip manufacturers worldwide to produce high performance semiconductor devices. The VIISta platform is the only full suite of single wafer solutions for all medium current, high current and high energy applications. All of the VIISta products feature the Varian Control System(VCS(TM)), the Varian Positioning System(VPS(TM)), a common IHC source architecture and a common single wafer endstation. This high degree of commonality across the VIISta platform provides flexibility in managing capacity, product mix changes, spare parts and training. Over 400 VIISta systems have been shipped to IC manufacturing fabs 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.
-------------------------------------------------------------------------------- Source: Varian Semiconductor |