To: FJB who wrote (14500 ) 2/10/1998 1:57:00 PM From: sepku Respond to of 25960
More evidence of chip industry migrating to 0.25 micron capabilities... --------------------------------------------------- Atmel Opens 8-Inch 0.25-Micron FAB in Rousset, France ROUSSET, France, Feb. 10 /PRNewswire/ -- Atmel Corporation (Nasdaq: ATML - news) held an opening ceremony for its newest 8-inch, 0.25-micron capable wafer fabrication plant, FAB 7, in Rousset, France, in the presence of Mme Dominique Voynet, French Minister of Regional Development and Environment. George Perlegos, Atmel President and CEO commented, ''We foresee future growth in the market for Atmel's products. The advanced technology of FAB 7, and its 8-inch wafer size, will bring us the economies of scale in order to compete aggressively in our markets, and grow our market share. We aim to bring out a number of new, leading-edge products during this year which will make full use of FAB 7's advanced process capabilities (0.25-micron, CMP, STI).'' CEO of Atmel ES2, Bernard Pruniaux said, ''Through the end of 1997, Atmel has invested over $300 million to complete FAB 7's first phase, with the creation of 500 new jobs. Over the next three years the Company plans to spend an additional $400 million in capital expenditures and employ an additional 500 people.'' Except for historical information contained herein, the matters set forth in this press release are forward looking statements that are subject to risks and uncertainties that could cause actual results to differ materially, including the impact of competitive products and pricing, timely design acceptance by our customers, ability to ramp new products into volume, industry wide shifts in supply and demand for semiconductor products and other risks detailed from time to time in Atmel's SEC reports and filings. Headquartered in San Jose, California with principal manufacturing facilities in Colorado Springs, Colorado and in Rousset, France, Atmel designs, develops, manufactures and markets on a worldwide basis non-volatile and embedded memory products, microcontrollers and system-level integration ASICs. Atmel product and financial information can be retrieved from its Fax-on-Demand service. In North America call 800-292-8635. Internationally from a fax phone, call 408-487-2600. You may also send your request via e-mail to literature@atmel.com or visit Atmel's Web site atatmel.com .