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Technology Stocks : Varian Semiconductor Equipment Associates -- VSEA

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To: robert b furman who wrote (1772)5/12/2006 9:18:30 AM
From: Proud_Infidel   of 1929
 
Varian Semiconductor and Nissin Ion Settle Patent Litigation
Friday May 12, 9:15 am ET

GLOUCESTER, MA--(MARKET WIRE)--May 12, 2006 -- Varian Semiconductor Equipment Associates, Inc. (NasdaqNM:VSEA - News) and Nissin Ion Equipment Co., Ltd. announce that they have settled their patent litigation in the Western District of Texas (Civil Action No. 04-375), involving U.S. Patent Nos. 4,922,106 and 5,486,080, without any admission of infringement or payment by Nissin Ion. The case was closed by the Court on March 20, 2006.

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.


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Source: Varian Semiconductor
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