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Technology Stocks : PLASMA THERM (PTIS) -- Ignore unavailable to you. Want to Upgrade?

To: Nittany Lion who wrote (325)	1/22/1998 10:44:00 AM
From: Nittany Lion	Read Replies (2) \| Respond to of 509

PTIS announces sale to Netherlands: Thursday January 22, 9:45 am Eastern Time Company Press Release SOURCE: Plasma-Therm, Inc. Plasma-Therm, Inc. Announces Sale of First MEMS System in Europe ST. PETERSBURG, Fla., Jan. 22 /PRNewswire/ -- Plasma-Therm, Inc. (Nasdaq: PTIS - news) announced today the sale of a Shuttlelock(R) 770 plasma processing system to Twente MicroProducts, a leading producer of Microelectromechanical Systems (MEMS) devices located in the Netherlands. The system incorporates Plasma-Therm's Inductively Coupled Plasma (ICP) technology and will be used in the development and fabrication of advanced MEMS products through deep silicon etching, incorporating etch technology licensed from Robert Bosch, GmbH. Dr. Jay Sasserath, the Company's Vice President, Strategic Marketing, stated, ''This sale is significant to Plasma-Therm as it represents the penetration of the European MEMS market using Plasma-Therm's Bosch ICP technology. In addition, placing this system at Twente will allow us to continue advanced MEMS development programs at an even faster pace. I believe this points to Plasma-Therm's worldwide leadership in providing thin film processes to the MEMS community.'' Dr. Job Elders, Director of Twente MicroProducts, added, ''We chose Plasma- Therm for its world class technology to assist us in producing advanced MEMS devices. Plasma-Therm offers a complete customer service program for all of its global customers meaning that we will be fully supported throughout the life of the product. Plasma-Therm was the only company to offer this crucial combination to Twente MicroProducts.'' Plasma-Therm, Inc., headquartered in St. Petersburg, Florida, is a leading producer of plasma process equipment primarily used by manufacturers requiring expertise in thin film etching and deposition. More information about PTI may be obtained by visiting their website at plasmatherm.com . SOURCE: Plasma-Therm, Inc.