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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Cary Salsberg who wrote (9236)	4/2/2003 10:34:36 AM
From: Kirk ©	Read Replies (1) \| Respond to of 95640

This should be a big gain in revenue. Do you know what a bump stepper sells for? $3M perhaps? "Multiple orders to be delivered over two quarters" would be a very nice revenue gain considering they only did $20.7M last quarter and these are new orders. I know it is not your favorite company, but I still think it is under valued. biz.yahoo.com Press Release Source: Ultratech Stepper, Inc. Major U.S. Microprocessor Manufacturer Places Follow-On Order with Ultratech Stepper for 300 mm Bump Tools Tuesday April 1, 8:30 am ET Follow-On Order Further Demonstrates Ultratech's 300 mm Bump Tool Advantages And Market Leadership SAN JOSE, Calif., April 1 /PRNewswire-FirstCall/ -- Ultratech Stepper, Inc. (Nasdaq: UTEK - News), a leading supplier of photolithography systems used to manufacture semiconductors and nanotechnology devices, today announced that a key customer -- one of the world's leading microprocessor manufacturers -- has ordered additional steppers from Ultratech's Saturn Spectrum 300 bump family. Specifically, the customer has placed multiple follow-on orders for the Saturn Spectrum 300 to support escalating bump packaging activity for 300 mm wafer manufacturing. Tool delivery is scheduled for Q2 and Q3, 2003. ADVERTISEMENT Market research firm TechSearch International, Inc. estimates a 24 percent compound annual growth rate (CAGR) for microprocessors requiring solder bump technology between 2003 and 2007. This reflects the growing demand for wafer- level and chip-scale packaging solutions, as well as the increased use of flip-chip devices. In response, Ultratech's Saturn Spectrum 300 family offers the critical performance and cost-of-ownership benefits required by IDMs and foundries. The Saturn Spectrum 300 was developed especially to meet the growing need for thick-photoresist exposure capabilities in 300 mm bump applications, providing chipmakers with high yield and lower cost of ownership. According to Arthur W. Zafiropoulo, president and CEO of Ultratech Stepper, "Continued growth in leading-edge 300 mm bump processing has driven the need for lithography tools with superior performance. The first Saturn Spectrum 300 purchased by this customer provided exceptional yield and cost- of-ownership benefits. This positive experience, along with Ultratech's proven market leadership in 300 mm advanced packaging technology, facilitated the customer's decision to place successive orders for our 300 mm bump tool. We look forward to working with this valued customer to help ensure they achieve their next-generation manufacturing goals for their leading-edge microprocessors."