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Technology Stocks : Mattson Technology -- Ignore unavailable to you. Want to Upgrade?

To: John Stewart who wrote (3190)	12/13/2000 11:03:13 PM
From: Philip W. Dunton, Jr	Read Replies (1) \| Respond to of 3661

John, Will give it my best shot. On the positive side, MTSN looks like it is trying to build a base in the 10-13 region. The ultimate success of the base building exercise depends largely on what happens with the Nazz bear. Until proven otherwise, the current NAZZ downleg is intact. With the election crosscurrents now behind us, perhaps we will soon be able to get an idea how low the index wants to go. Best regards, Phil

To: John Stewart who wrote (3190)	12/18/2000 4:51:44 PM
From: Ian@SI	Read Replies (1) \| Respond to of 3661

This implies that MTSN isn't paying Siemens any penalty and that Siemens has waived its right to terminate the merger unless such a penalty be paid for a stock price under $20. Do you read it differently? ++++++++++++++++++++ Mattson Technology, STEAG and CFM Merger Set for Closing; Mattson Announces a New CFO, Ludger Viefhues FREMONT, Calif., Dec 18, 2000 (BUSINESS WIRE) -- Mattson Technology, Inc. (Nasdaq: MTSN), a leading supplier of advanced process equipment used to manufacture semiconductors, today announced that Mattson, STEAG and CFM Technologies have acknowledged satisfaction of key closing conditions and waived all independent rights to terminate their agreements. Completion of the mergers of Mattson Technology with CFM and STEAG's semiconductor equipment division now only requires certain previously agreed upon closing deliverables in order to take place, as planned, in early January. "With these actions by the parties, this deal is locked on course for final closing, and Mattson Technology can now fully enjoy the benefits of the "Power of Three" merger announced on June 28 of this year. We look forward to a smooth conclusion of the merger and integration process," noted Brad Mattson, Mattson Technology's CEO. "Our customers will now begin to benefit from our multiproduct offerings and critical mass. They will now have a comprehensive choice from our strong 300mm-tool selection, and the customer support of a company solidly established in Asia, Europe and the United States. We become a provider of choice to meet the demands of the rapidly expanding Asian foundry market." Mattson Technology, with the increased financial stability of a $500 million company, after the closing will be ranked among the top 15 semiconductor equipment manufacturers in the world. The company, already the leader in Dry Strip, will become the second largest manufacturer of Rapid Thermal Processing (RTP) systems in the world, and with CFM Technologies and STEAG's Wet Products Group working together, Mattson will become a leader in that market also. In line with today's announcement, Mattson Technology also announced the appointment of Ludger H. Viefhues, 58, to the position of chief financial officer (CFO). Viefhues, a seasoned veteran, was previously CFO of STEAG RTP Systems GmbH. He will immediately take over responsibility for the strategic development and management of all Mattson Technology financial, investor relations, and merger and acquisition programs. Mattson CEO Brad Mattson is very excited about Viefhues joining Mattson, stating "Mr. Viefhues brings to Mattson not only the experience of financial management of several multi-billion dollar companies, but also very important international experience having been the CFO of large global companies in both the U.S. and Germany." Prior to STEAG, Viefhues most recently held the position of CEO at MEMC (Monsanto Electronic Materials Co. in St. Louis, Mo.), a leader in the SEMI industry. Prior to being appointed CEO at MEMC, Viefhues was the company's CFO. Before MEMC, Viefhues held the post of CFO at Huels AG (Germany), a highly respected German company with sales in excess of $10B. He earned his MBA in finance from University of Muenster (Germany). Viefhues succeeds Brian McDonald, who has left the company to take a position outside of the capital equipment industry. Viefhues will begin his responsibilities at Mattson Technology immediately.