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To: mattie who wrote (34709)	10/10/2001 3:12:50 PM
From: j g cordes	Respond to of 68689

re CELG and other biotechs.. its ironic that its taken a war to get the current leadership in gear on genetic's support. Stem cell research enthusiasm will also be re-ignited as its in line to benefit in the effort to counter bio terror.

To: mattie who wrote (34709)	10/10/2001 6:28:53 PM
From: mattie	Respond to of 68689

NMTC beats estimates and guides analysts higher. One chip equipment company that is doing very well. Wednesday October 10, 4:03 pm Eastern Time Press Release SOURCE: Numerical Technologies, Inc. Numerical Technologies Exceeds Financial Targets for Third Quarter 2001 Company Reports Record Revenues and Strong Earnings Growth SAN JOSE, Calif., Oct. 10 /PRNewswire/ -- Numerical Technologies, Inc. (Nasdaq: NMTC - news) today announced record revenues and profitability for the third quarter of 2001. Third quarter revenues were a record $12.8 million, an increase of 93 percent compared with the third quarter of last year. Excluding non-cash charges associated with acquisition-related costs, deferred stock compensation charges and depreciation charges, pro forma net income for the quarter was $2.0 million, or $0.06 per share, compared with a pro forma loss of $215,000 for the same period last year. Third quarter earnings exceeded estimates by 50 percent, or $0.02 per share. This marks the company's fourth consecutive profitable quarter on a pro forma basis and its eighth consecutive quarter of increasing revenues. The company was also cash positive for the sixth consecutive quarter, and delivered a pre-tax profit of 26 percent. ``We delivered yet another outstanding quarter,'' stated Y. C. (Buno) Pati, CEO of Numerical. ``We beat raised estimates, and our overall performance was very strong. The semiconductor industry is continuing to invest in the technology-based solutions that are required to manufacture subwavelength chips.'' The company will discuss these results in a conference call at 5 p.m. EDT/2 p.m. PDT today. The conference call may be accessed by calling 719-457-2618 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 758677. About Numerical Numerical Technologies, Inc., ranked as one of the 100 fastest growing technology companies by Forbes ASAP, number six on Deloitte & Touche's 50 fastest growing companies in Silicon Valley, and the number one best small electronics company in Electronic Business, 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's 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 . Safe Harbor This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements related to the state of demand from the semiconductor industry, the semiconductor industry's continued investment in subwavelength technology and continued company performance. These forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those projected. Those risks include competitive conditions, business and economic conditions that affect the growth of the semiconductor industry, the rate of adoption of Numerical's technology by the semiconductor industry, litigation related to intellectual property or other issues, and Numerical's ability to protect Numerical's intellectual property rights. For more information about potential factors, which could affect Numerical's financial results, please refer to the 10-K filed on March 27, 2001 and other filings with the Securities and Exchange Commission, copies of which may be accessed through the SEC's Web site at sec.gov . Numerical may, from time to time, make additional written and oral forward-looking statements, including statements contained in its filings with the Securities and Exchange Commission and its reports to shareholders. Numerical does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of Numerical.