PRI Automation to Present Case Study on Advanced Process Control in 300 FABs At AEC/APC 2002 Conference
Presentation Examines the Implementation of PRI's APC Solution at a Japanese 300mm Fab
BILLERICA, Mass., April 9 /PRNewswire-FirstCall/ -- PRI Automation, Inc., (Nasdaq: PRIA, Toronto: PRJ), a global leader in semiconductor factory automation systems, software and services, announced today that Keith Edwards, senior APC consultant at PRI, has been invited to present a case study on Advanced Process Control at the prestigious Advanced Equipment Control/Advanced Process Control (AEC/APC) Conference in Germany. Edwards' presentation, ``Implementing Effective Run-to-Run Control in a Foundry Fab Environment,'' scheduled for Thursday, Apr. 11, 2002 at 11:35a.m. (local time), incorporates a case study on a Japanese 300mm fab.
Today's foundry fab managers are faced with a number of challenges, including the need to eliminate pilot wafers, reduce rework, and better handle frequent product switching. Advanced Process Control solutions can solve these problems by using real-time data to ensure that process tools are running to specification and automatically making process adjustments as necessary, thus reducing variance and rework and increasing fab throughput. Edwards' presentation addresses the benefits of APC based on a recent successful implementation of a 300mm solution built around PRI's patent-pending WaferState® FabRunner(TM) libraries in Japan. The APC solution resulted in significant throughput and quality improvements. PRI recently introduced a suite of APC applications -- WaferState APC for Lithography Overlay, Lithography CD, Etch CD and CMP -- all based on the FabRunner Libraries.
The AEC/APC conference is a European platform and a network for international professionals to exchange experience in the field of Advanced Equipment Control (AEC)/Advanced Process Control (APC). Measurement equipment for process and wafer level monitoring, data acquisition, equipment-level data transfer as well as host communication, feedback and feed-forward control are some of the major issues to be discussed in this two-day event. This conference will provide an excellent framework to learn about the latest achievements in AEC/APC and to discuss future developments and requirements. For more information, visit aecapc-europe.com.
About PRI Automation
PRI Automation, Inc., headquartered in Billerica, Massachusetts, is a leading global supplier of advanced factory automation systems, software, and services that optimize the productivity of semiconductor and precision electronics manufacturers, as well as OEM process tool manufacturers. PRI is the only company to provide a tightly integrated and flexible hardware and software solution that optimizes the flow of products, data, materials and resources throughout the production chain. The company has thousands of systems installed at approximately one hundred locations throughout the world. For more information visit PRI online at pria.com.
Safe Harbor Statement
This release includes forward-looking statements, including, without limitation, statements relating to the expected benefits of PRI Automation products. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include the following: the manner in which the customer uses our products and integrates them with third- party components may affect their performance; the downturn in the semiconductor capital equipment industry is harming our business; fluctuating demand for our products makes it difficult to manage our business efficiently; we have reduced our workforce in response to the industry downturn and reduced demand for our products and our smaller workforce may be inadequate to handle increased demand for our products; we may continue to experience delays and technical difficulties with new product introductions; 300mm technology, in which we have invested heavily, is being adopted more slowly than we expected, competition for early 300mm orders is intense and we have to date received few orders for 300mm automated handling systems; our lengthy sales cycle makes it difficult to anticipate revenues; our operating results fluctuate significantly in response to a variety of factors; delays in shipment or customer acceptance of a single significant order could substantially decrease our revenues for a period; the application of new accounting guidance under SAB 101 will result in delayed recognition of revenues from our factory automation systems; we typically charge a fixed price for our factory automation systems and therefore, we are vulnerable to cost overruns; we have a limited number of customers, we do not have long-term purchase agreements with our customers, and the loss, cancellation or delay of an order by any of these customers could harm our business; we must continually improve our technology and develop new products to remain competitive; demand for less expensive semiconductors is increasing pressure to reduce our prices; industry consolidation and outsourcing could reduce the number of available customers; our operations outside North America expose us to special risks of doing business internationally; our investments in the Asia-Pacific market may not be successful; we face significant competition from other automation companies; we are increasingly dependent on subcontractors and one or a few suppliers of certain components, subassemblies and manufacturing processes; the failure of our key suppliers to deliver components on time could harm our business; we depend on our executive officers and other key personnel; our software products may contain defects that could result in claims and harm our business; we may be unable to protect our proprietary technology; others might claim that we infringe their technology; rising energy costs may increase our operating expenses; future acquisitions may disrupt the Company's operations; we are subject to pending class action securities litigation that could be costly to defend, divert the attention of our management and, if determined adversely to us, seriously harm our business; and other factors identified in our registration statement on Form S-3, file number 333-60180, filed with the SEC on May 3, 2000 and in the preliminary joint proxy statement/prospectus relating to Brooks Automation's proposed acquisition of PRI Automation included in the registration statement on Form S-4, file number 333-74590, filed with the SEC on December 19, 2001. We assume no obligation to update any forward-looking statements included in this release.
WaferState is a registered trademark and FabRunner is a trademark of PRI Automation, Inc. All other trademarks contained herein are the property of their respective owners.
Media Contacts:
Dave Anderson or Tom Testa Michelle Goodall Faulkner
Stauch, Vetromile & Mitchell PRI Automation, Inc.
401-438-0614 978-670-4270, ext. 3161
dave@svmpr.com or tomt@svmpr.com mfaulkner@pria.com
SOURCE: PRI Automation, Inc. |
