To: Susan G who wrote (4007 ) 4/12/2001 5:08:35 PM From: mattie Respond to of 5732 NMTC reported a great quarter after the bell. Thursday April 12, 4:10 pm Eastern Time Press Release SOURCE: Numerical Technologies, Inc. Numerical Technologies Reports Fifth Consecutive Quarter of Record Revenues 199 Percent Year-Over-Year Growth in First Quarter 2001 SAN JOSE, Calif., April 12 /PRNewswire/ -- Numerical Technologies, Inc. (Nasdaq: NMTC - news) today announced record revenues and continued profitability for its first fiscal quarter of 2001. First quarter revenues were a record $10.3 million, an increase of almost 200 percent compared with the first quarter of last year and an increase of 21 percent over the previous quarter. Excluding non-cash charges associated with acquisition-related costs, deferred stock compensation charges and depreciation charges, net income for the quarter was $657,000, or $0.02 per share, compared with a loss of $2.7 million for the same period last year. ``This was the fifth consecutive quarter that we exceeded our stated revenue and earnings goals, and we continue to benefit from the increased industry-wide focus on advanced technology,'' stated Y. C. (Buno) Pati, CEO of Numerical Technologies. ``This quarter, we remained focused on bringing chipmakers to full production with our technology. In addition, as chipmakers accelerated their production plans for high-performance and low-power subwavelength integrated circuits (ICs), we saw increasing demand for our design-to-silicon infrastructure products, which facilitate the widespread use of our subwavelength technologies.'' In this quarter, Numerical continued to add new customers to its list of chipmakers implementing Numerical's subwavelength technologies. UMC Corp. announced plans to use Virtual Stepper(TM) as its production standard for photomask signoff. Vitesse Semiconductor and Delphi Delco adopted Numerical's AbraCAD(TM) product for the automated development of the fundamental building blocks for IC design. Numerical has continued to aggressively build and strengthen its core technology and intellectual property (IP) position, resulting in numerous patent filings, new technology development partnerships and another record-breaking achievement in the fabrication of circuit components with optical lithography. In February, Numerical announced that it has partnered with IMEC, a leading European independent research center focused on the development and licensing of microelectronics, information and communications technologies, to incorporate its proprietary phase-shifting technology in the consortium's 193-nanometer lithography development program. MIT Lincoln Laboratories demonstrated the fabrication of 9 nanometer (0.009 micron) transistor gates using Numerical's phase shifting technology and 248-nanometer wavelength optical lithography. These results, which were presented at the SPIE Microlithography conference in February, beat the year-old record of 25-nanometer transistor gates, which was also achieved at MIT Lincoln Laboratories. The company will discuss these results in a conference call at 6 p.m. EDT/3 p.m. PDT today. The conference call may be accessed by calling 913-981-4901 and asking for the Numerical Technologies earnings call. The call may also be accessed on the web at ir.numeritech.com . A replay of the conference call will be hosted for five business days at ir.numeritech.com , or may be accessed by dialing 719-457-0820 and using the access code 785046. About Numerical: Numerical Technologies, Inc. develops and markets proprietary technology, software tools and services that enable the semiconductor industry to produce subwavelength integrated circuits, i.e., integrated circuits with components smaller than the wavelength of light used to create circuit patterns on silicon. Numerical's products and industry alliances form a comprehensive design-to-silicon solution that enables the creation of smaller, faster and more power-efficient semiconductors using available manufacturing equipment. Numerical customers include the world's leading semiconductor companies, design automation tool vendors, semiconductor equipment suppliers and photomask manufacturers. Additional information about the company is available on the Web at numeritech.com .