Looks like SVGI may finish above my $20 strike price - now I have to decide whether to just buy stock or hope for a close below 20...
SVG Ships Multiple 200-APS Track Systems To
U.S. and European Chip Manufacturers; SVG
now shipping production units of advanced
200-APS tool to customers worldwide
March 31, 1998 Source: Business Wire
SAN JOSE, Calif.--(BUSINESS WIRE) via NewsEdge
Corporation -- Silicon Valley Group (SVG), a leading supplier of
wafer processing systems to the worldwide semiconductor
industry, today announced the shipment of multiple 200-APS
next-generation photoresist processing tools. The systems will
be used in the production of leading-edge logic devices by a
major semiconductor manufacturer in the United States and for
application-specific integrated circuits (ASICs) and logic
devices by an established European semiconductor
manufacturer at its most advanced fab. The shipments, which
commenced in the first calendar quarter of 1998, mark the
200-APS's availability for volume production.
SVG reports that the European customer, which holds an
installed base of SVG products, selected the 200-APS for its
superior technical features, as well as for SVG's
well-established technical service and support infrastructure in
the region. According to Papken Der Torossian, SVG's
chairman and chief executive officer, "By combining the
200-APS's superior technical specifications with our
comprehensive service and support infrastructure, we are able
to offer this customer a total photoresist processing solution
that covers productivity, process performance and support. This
shipment demonstrates the success of this total solution
approach and exemplifies our commitment to supporting our
overseas customers as they ramp production to meet the
industry's demand for next-generation devices."
Working closely in a joint development effort with the U.S.
customer, SVG demonstrated the 200-APS's ability to meet
the manufacturer's stringent 0.25 micron and below lithography
requirements and has committed to the system's reliability
target of 1,000 hours within the first full year of production.
Implementing both deep ultraviolet (DUV) and i-line system
configurations, the customer will leverage the 200-APS's
leading-edge technology, high productivity and process
capability to perform advanced process development activities.
Commenting on the 200-APS's rapid acceptance by multiple
chipmakers, SVG Track Systems Division President Boris
Lipkin noted, "The 200-APS was specifically designed to
provide chipmakers with a leading-edge lithography tool with
the photoprocessing and productivity capabilities integral to
their success. The system's throughput specifications exceed
today's fastest lithography tool, while saving critical floorspace
in the fab."
The 200-APS is among the industry's most advanced DUV
processing systems, offering new features such as dual coater
capability for wafer-to-wafer process consistency, improved
bake modules, new expanded software capability, improved
thermal control and superior wafer timing process control for
improved critical dimension (CD) control in advanced
applications. In addition, the system has 0.18 micron capability
consistent with SEMATECH's 0.25 micron and below
technology roadmap and throughput as high as 120 wafers per
hour (WPH) with a small footprint area.
Except for historical information, the matters discussed in this
news release that may be considered forward-looking
statements are subject to certain risks and uncertainties that
could cause the actual results to differ materially from those
projected, including uncertainties in the market, the timely
development and acceptance of new products and upgrades,
pricing competition, procurement and manufacturing
efficiencies, and other risks detailed from time to time in the
company's SEC reports. SVG assumes no obligation to update
the information in this release.
About Silicon Valley Group Inc.: SVG is a leading manufacturer
of automated wafer processing equipment for the worldwide
semiconductor industry. The company designs, manufactures
and markets technically sophisticated equipment used in the
primary stages of semiconductor manufacturing. Its products
include photoresist processing equipment; oxidation, diffusion
and low-pressure chemical vapor deposition processing
systems; photolithography exposure tools that use
step-and-scan technology; and precision optical components
and systems. SVG is listed on the Nasdaq Stock Market under
the symbol SVGI. The company's World Wide Web address is:
www.svg.com
CONTACT: Silicon Valley Group, Inc. | Laurie C. Conner,
408/467-5847 | connerl@svg.com | |
