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

To: Proud_Infidel who wrote (1674)	10/6/2004 3:53:42 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 1929

Varian Semiconductor Announces Shipment of its 100th Single Wafer VIISta High Current Ion Implanter Wednesday October 6, 3:30 pm ET GLOUCESTER, Mass.--(BUSINESS WIRE)--Oct. 6, 2004--Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA - News) announced today that it has shipped its 100th single wafer VIISta high current ion implanter. The VIISta 80 series ion implanters are in use by DRAM, Logic, and Foundry customers around the world. "In the past twelve months, Varian Semiconductor's installed base of VIISta single wafer high current ion implanters has nearly doubled," said John Aldeborgh, Varian Semiconductor's vice president of sales and marketing. "During this time, we have won seven new high current customers. The momentum behind the VIISta 80HP continues to build as evidenced by customers placing repeat orders for our VIISta single wafer high current products." "The recent widespread adoption of the VIISta high current product is due to its unique single wafer architecture which prevents damage to delicate device structures in sub-65nm devices," said Ernest Godshalk, president and chief operating officer of Varian Semiconductor. "Achieving this milestone confirms Varian Semiconductor's expanding presence in the high current ion implant market." The VIISta platform of ion implanters is the only single wafer platform solution for all production applications available. All of the VIISta products feature the Varian Control System (VCS(TM)), the Varian Positioning Systems (VPS(TM)) and a common single wafer endstation. This high degree of commonality across the VIISta platform facilitates process matching throughout the tool set and provides flexibility in managing capacity, product mix changes, spare parts and training. 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 Equipment Associates, Inc.