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

To: Alan Gallaspy who wrote (3537)	5/1/2002 6:51:03 PM
From: SemiBull	Read Replies (1) \| Respond to of 3661

Mattson Technology, Inc. Completes US$45.6 Million Private Placement FREMONT, Calif.--(BUSINESS WIRE)--April 30, 2002--Mattson Technology, Inc. (Nasdaq:MTSN - news), a leading supplier of advanced process equipment used to manufacture semiconductors, today announced that it has completed the closing of its previously announced private placement transaction in the amount of $45.6 million. As a result, the Company has issued approximately 7.4 million shares of its common stock at a price of $6.15 per share, and has received cash proceeds of $37.5 million and reduced its outstanding promissory notes to STEAG Electronic Systems AG, Mattson's largest shareholder, by $8.1 million. The transaction included 5.1 million shares sold to the State of Wisconsin Investment Board and 1.3 million shares sold to STEAG Electronic Systems AG. The Company intends to use net proceeds from this private placement for general corporate purposes. Bear, Stearns & Co., Inc. served as sole placement agent for this transaction. About Mattson Technology Mattson Technology Inc. is a leading supplier of thermal, plasma and wet semiconductor processing equipment. The company's products combine advanced process technology on high-productivity platforms backed by industry-leading support. Since beginning operations in 1989, the company's core vision has been to help bring technology leadership and productivity gains to semiconductor manufacturers worldwide. Headquartered in Fremont, Calif., the company maintains sales and support centers throughout the United States, Europe and Asia. For more information, please contact Mattson Technology Inc., 2800 Bayview Drive, Fremont, Calif. 94538. Telephone: (800) MATTSON/(510) 657-5900. Fax: (510) 226-8241. Internet: www.mattson.com. -------------------------------------------------------------------------------- Contact: Mattson Technology, Inc. Ludger Viefhues, 510/492-5954