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Technology Stocks : SEMITOOL (SMTL):Is it a hold?

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To: ET who wrote (709)8/10/1998 5:45:00 PM
From: Math Junkie  Read Replies (1) of 973
 
Semitool sues Novellus over copper patent infringements:

Semitool Files Patent Infringement Lawsuit Against Novellus Systems

PR Newswire, Monday, August 10, 1998 at 16:53

Seeks Damages and Injunctions

KALISPELL, Mont., Aug. 10 /PRNewswire/ -- Semitool, Inc. (NASDAQ:SMTL)
announced today it has filed a patent infringement lawsuit against Novellus
Systems, Inc. of San Jose, Calif.
The lawsuit charges that Novellus' SABRE(TM) System copper electroplating
tool infringes two patents for single substrate processing tools used in
electrochemical deposition of copper onto semiconductor wafers.
In its suit, Semitool is seeking damages for Novellus' infringement of its
patents and an injunction prohibiting Novellus' use of its patents in the
future.
Semitool, Inc. designs, manufactures, markets and services equipment used
in the fabrication of semiconductors. Semitool's products include
electrochemical deposition, surface preparation and thermal processing
equipment, and supervisory workstations for equipment control in computer
integrated semiconductor fabrication environments. Semitool's products are
also used in the manufacture of other devices that require similar processes,
including thin film heads, compact disc masters, flat panel displays, hard
disk media and ink jet heads. Semitool's common stock is traded under the
Nasdaq symbol SMTL. To learn more about Semitool, Inc., visit the company's
web site at www.semitool.com.

SOURCE SemiTool, Inc.
-0- 08/10/98
/NOTE TO EDITORS: For more information on Semitool, Inc. via facsimile at
no cost, simply dial 800-PRO-INFO (1-800-776-4636) and enter the company
ticker SMTL./
/CONTACT: Bill Freeman, Chief Financial Officer, 406-752-2107; or
Analyst, Cathy Roberts, 415-986-1591, or General, Betsy Truax, 208-233-8323,
both of The Financial Relations Board/
/Website: semitool.com

Companies or Securities discussed in this article:
Symbol
Name
NASDAQ:SMTL
Semitool Inc
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