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Technology Stocks : Kulicke and Soffa
KLIC 39.89+0.9%3:59 PM EDT

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From: Ian@SI3/7/2007 2:27:07 PM
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Kulicke & Soffa Announces First Orders for Combined Equipment Products

14:20 EST Wednesday, March 07, 2007

FORT WASHINGTON, Pa. (Business Wire) -- Kulicke & Soffa Industries, Inc. (NASDAQ:KLIC) today announced the receipt of purchase orders for a combination of 12 Easyline die bonders and 50 Maxum Ultra/Elite wire bonders. A customer in Northwestern China placed the exclusive equipment orders with K&S to outfit its new, start-up production facility. The equipment is currently scheduled for delivery in several shipments from the end of March through May.

K&S equipment segment vice president, Christian Rheault, remarked, "We are now providing customers with a broader range of equipment models wherever we can match our total equipment capabilities with a customer's specific needs. This gives us an opportunity to optimize our sales potential and also support those customers that require process support for both the die bonding and wire bonding assembly steps. We are pleased that our sales team was able to win this important business in the highly-competitive China market."

He concluded, "We are currently discussing needs with several other customers for both die bonders and wire bonders. This is a result of our coordinated efforts for these two product lines as our sales teams begin to identify opportunities for each other."

Scott Kulicke, chairman of the board and CEO of K&S, commented, "I believe these orders represent an important event for K&S on several levels. First, this is a new assembly facility that selected K&S to supply all of its bonding equipment. Second, the opportunity to serve this customer's needs would not have existed without our newly expanded equipment portfolio. And finally, our sales and support teams are beginning to generate business in Northwestern China, which is emerging as a growth area for the semiconductor industry."

About Kulicke & Soffa

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