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

To: Proud_Infidel who wrote (1682)	12/21/2004 12:17:07 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 1929

Varian Semiconductor Ships VIISta High-Energy Ion Implanter to Asia's Largest Foundry Tuesday December 21, 12:00 pm ET GLOUCESTER, Mass.--(BUSINESS WIRE)--Dec. 21, 2004--Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA - News) announced today that it has shipped a single wafer VIISta(TM) 3000HP high-energy ion implanter to Asia's largest semiconductor foundry. This tool will be installed at the customer's foundry in China. The VIISta 3000 series ion implanters have now been selected in logic, DRAM and foundry operations in Asia, Europe, and the United States. "Since its product introduction, customers have recognized the single wafer VIISta 3000HP high-energy ion implanter's unique advantages as a production tool," said John Aldeborgh, vice president of marketing. "In fact, every customer who has purchased a VIISta 3000 series tool has placed a repeat order for the VIISta 3000HP because of its high productivity, low cost of ownership and true zero degree processing that result from its unique single wafer architecture. Based on these reasons plus Varian Semiconductor's industry-recognized superior customer support, this customer chose the VIISta 3000HP over competitive systems for its current and future technology development needs." The VIISta products make up the only production-proven single wafer platform of ion implanters in the industry. All of the VIISta products feature the Varian Control System (VCS(TM)), the Varian Positioning System (VPS(TM)) and a common single wafer endstation. This high degree of commonality across the VIISta platform eases integration into factory automation, lowers spare parts and training costs, and simplifies tool operation. 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.