Varian Semiconductor Ships 250th VIISta(TM) Single Wafer High Current System and Marks Its 500th VIISta Platform System
Thursday August 10, 10:15 am ET
GLOUCESTER, MA--(MARKET WIRE)--Aug 10, 2006 -- Varian Semiconductor Equipment Associates, Inc. (NASDAQ:VSEA - News) announced today that it has shipped its 250th VIISta™ single wafer high current system (SWHC). Varian Semiconductor manufactures and delivers high current, medium current and high energy ion implanters on a common, single wafer platform. With this shipment, Varian Semiconductor also marks the shipment of its 500th VIISta platform system.
"Our common platform strategy accelerates the process of bringing high quality, reliable products to market," said Gary Dickerson, Chief Executive Officer of Varian Semiconductor. "This enables our customers to qualify their devices rapidly and reduce their time to production. Our VIISta products continue to receive acceptance across all market segments. This is due to our architectural advantages that lead to better device performance and yield. We thank our customers for making us the #1 supplier in the fast-growing high current segment."
Varian Semiconductor's products are used by chip manufacturers worldwide to produce high performance semiconductor devices. The VIISta platform is the only complete production-proven 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™), the Varian Positioning System(VPS™) 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.
About Varian Semiconductor
Varian Semiconductor Equipment Associates is the leading supplier of ion implant equipment to semiconductor manufacturers, enabling them to pack more, higher performing transistors into computer chips that are revolutionizing the electronics industry. Customers have made Varian Semiconductor the market leader in ion implant because of its architecturally superior products that lower their costs and improve their productivity. The Company has ranked #1 in the VLSI Customer Satisfaction Survey nine times over the last 10 years. Varian Semiconductor operates globally and is headquartered in Gloucester, Massachusetts. More information can be found on Varian Semiconductor's web site at www.vsea.com.
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 and growth in the high current segment 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 |
