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To: StanX Long who wrote (59775)	1/31/2002 4:43:07 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

PolarFab's 8-in. fab goes into production, shows flat growth in 2001 Semiconductor Business News (01/30/02 20:20 p.m. EST) siliconstrategies.com MINNEAPOLIS -- Silicon foundry provider PolarFab Inc. here today announced that its new 8-inch fab is on track and has moved into production. The privately-held, pure-play semiconductor foundry also claimed that its sales were $63 million in 2001, roughly flat from 2000. While PolarFab did not release its earnings, the announcements by the foundry company were a major accomplishment, given the current and severe downturn in the IC industry. "We are delighted to be considering additional capacity while most struggle with how to utilize what they have," said Greg Peterson, president of the Minneapolis-based company. PolarFab completed the construction of the 8-inch fab late last year. The company, which started processing wafers last month, specializes in mixed-signal and radio-frequency (RF) processes (see Oct. 11 story ).