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Technology Stocks : Varian Semiconductor Equipment Associates -- VSEA -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (1661)	6/15/2004 11:51:25 PM
From: dantecristo	Respond to of 1929

California Attorney General, Los Angeles Times and all 3 California ACLU's condemn Varian in the CA Supreme Court! geocities.com

To: Proud_Infidel who wrote (1661)	6/25/2004 12:30:16 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 1929

Varian Semiconductor Files Patent Infringement Lawsuit Against Nissin Friday June 25, 12:00 pm ET GLOUCESTER, Mass.--(BUSINESS WIRE)--June 25, 2004--Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA - News) today filed a lawsuit against Nissin Ion Equipment Co., Ltd. in the United States District Court for the Western District of Texas. The suit charges that Nissin is violating Varian Semiconductor patent rights and asks the court to issue an injunction and to order Nissin to pay damages to Varian Semiconductor. Nissin is headquartered in Kyoto, Japan. Varian Semiconductor charges that Nissin's medium current ion implanter infringes Varian Semiconductor's patents for "Ion Beam Scanning Method and Apparatus" and "High Speed Movement of Workpieces in Vacuum Processing." For nearly 30 years, Varian Semiconductor has been a technology leader in the ion implant equipment industry with leading products in the medium current, high current and high energy market segments. Ernest Godshalk, President and Chief Operating Officer of Varian Semiconductor said, "When a competitor infringes on our intellectual property rights, we have an obligation to protect our investments on behalf of our customers, shareholders and employees. Varian Semiconductor's success depends upon the protection of its proprietary rights. We will aggressively pursue legal recourse from those who are attempting to compete unfairly, using our intellectual property. Currently, Varian Semiconductor is actively investigating other apparent acts of infringement in Europe." About Varian Semiconductor Varian Semiconductor Equipment Associates, Inc. is a leading producer of ion implantation equipment used in the manufacture of semiconductors. The company is headquartered in Gloucester, Massachusetts, and operates worldwide. Varian Semiconductor maintains a web site at www.vsea.com. The information contained in the company's web site is not incorporated by reference into this release, and the web site address is included in this release as an inactive textual reference only. Note: This release contains forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. For this purpose, the statements concerning the company's performance, market share and technology leadership, technological capabilities and benefits are forward-looking statements and any statements using the terms "believes," "anticipates," "expects," "plans," or similar expressions are forward-looking statements. There are a number of important risks and factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements. These include, among others, volatility in the semiconductor equipment industry; economic conditions in general and as they affect the company's customers; significant fluctuations in the company's quarterly operating results; the impact of rapid technological change; the company's dependence on the development and introduction of new products; the company's concentration on ion implantation systems and related products; concentration in the company's customer base and lengthy sales cycles; the highly competitive market in which the company competes; risks of international sales; foreign currency risks; and general economic conditions; and other factors identified in the company's Annual Report on Form 10-K, and the most recent Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. The company cannot guarantee any future results, levels of activity, performance or achievement. The company undertakes no obligation to update any of the forward-looking statements after the date of this press release. Source: Varian Semiconductor