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Technology Stocks : SDLI

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To: Toby who wrote (246)5/30/1998 7:31:00 AM
From: w2j2  Read Replies (1) of 297
 
SAN JOSE, Calif., May 29 /PRNewswire/ -- SDL, Inc. (NASDAQ:SDLI)
announced today that TRW, Space and Technology Division, Redondo Beach,
Calif., has selected SDL as the initial supplier of high power laser diode
pump arrays for an advanced solid state laser. This solid state laser is
designed to generate extreme ultraviolet light which will enable advanced
photolithography for next generation semiconductor integrated circuit
manufacturing.
The TRW laser enables the production of the extreme ultraviolet light for
what is hoped will be the lithography source for US semiconductor
manufacturers in the 21st century. If successful, sales of such lithography
equipment could become a multi-billion dollar market in the early years of the
21st century, according to the industry consortium sponsoring this work whose
members include Intel, Motorola and Advanced Micro Devices. SDL's laser pump
arrays provide the enabling power source to excite the TRW solid state laser.
SDL is scheduled to deliver over one million dollars of laser arrays to TRW
over the next three months.
"We are excited about the future prospects of this program for SDL," said
Donald R. Scifres, chairman and chief executive officer. "We believe the
market for SDL's laser pump arrays could develop quite rapidly when this
extreme ultra violet source is productized."
To the extent that any of the statements contained in this press release
are not historical, they are forward looking within the meaning of the Private
Securities Litigation Reform Act of 1995, including, without limitation, the
timing of scheduled deliveries to TRW, the anticipated size of the lithography
market, the anticipated role of lasers in this market, and the Company's
statement that the market for its excitation lasers could develop quite
rapidly when the EUV source is productized. It is important to note that the
Company's actual results could differ materially from those in any such
forward looking statements. Among the factors that could cause actual results
to differ materially are the following: difficulties related to marketplace
acceptance of new product introductions by the Company and product
introductions by rival manufacturers, and the risk factors listed from time to
time in the Company's SEC reports, including but not limited to the report on
Form 10-K for the year ended December 31, 1997, and the quarterly reports on
Forms 10-Q.
SDL designs, manufactures and markets semiconductor optoelectronic
integrated circuits, semiconductor lasers, fiber optic related products, and
optoelectronic based systems. The Company's products are used in a diversity
of markets such as telecommunications, cable television, satellite
communications, printing, medical, data storage, consumer electronics, sensor,
defense, materials processing and instrument markets.

SOURCE SDL, Inc.
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