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Technology Stocks : Ultratech Stepper -- Ignore unavailable to you. Want to Upgrade?


To: Katherine Derbyshire who wrote (2423)5/5/1998 2:05:00 PM
From: David Aegis  Read Replies (1) | Respond to of 3696
 
Katherine,

You got more information out of the PR firm than I did! The PR rep, Jennifer Anselmo, put me on a fax list to receive a follow-up release that is due out tomorrow right before the press conference. I had thought the release might have dealt with SVGI rather than UTEK, because MCA is SVGI's PR firm while UTEK normally uses Lipper/Hellshorn. I guess we'll all find out tomorrow. Thanks for your input! I'll be posting any updates relating to UTEK here.

--David



To: Katherine Derbyshire who wrote (2423)5/5/1998 5:58:00 PM
From: BillyG  Respond to of 3696
 
A service of Semiconductor Business News, CMP Media Inc.
Story posted at updated 5 p.m. EDT/2 p.m., PDT, 5/5/98

Ultratech to launch EUV unit
for next-generation lithography

By Jack Robertson

WASHINGTON --Ultratech Stepper Inc. here on Wednesday plans to
announce the formation of a new lithography subsidiary to develop extreme
ultraviolet (EUV) exposure tools, according to industry sources.

During a Washington press conference late Wednesday afternoon, Ultratech
chairman and CEO Arthur W. Zafiropoulo will disclose the details of the
new venture, to be called U.S. Lithography. Zafiropoulo is expected to invite
other investors to join San Jose-based Ultratech in promoting EUV as a
leading candidate for next-generation lithography tools.

Ultratech was an original member of a U.S. EUV concept demonstration
project in 1995. That effort was expanded last by Intel Corp. last year when
it launched a consortium to promote EUV lithography (see story Sept. 11,
1997, story).

EUV and a handful of other candidates are vying to become the leading
lithography technology for 0.10-micron and below device feature sizes once
after deep ultraviolet (DUV) steppers run out of steam. In addition to
EU--which is also backed by some Japanese chip makers--the competing
lithography candidates include X-ray, direct-write electron-beam, ion-beam
projection and several different efforts to extend current optical exposure
technology (see story from SBN's November 1997 publication).

Silicon Valley Group Inc. has already agreed to work with Intel's Extreme
Ultraviolet Limited Liability Co. consortium, according to Papken S. Der
Torossian, chairman and CEO of San Jose-based SVG. Contacted before
speaking at the Economic Strategy Institute Symposium in Washington
today, Der Torossian said SVG would not be interested in joining Ultratech.
"I'm already working with Intel on EUV," he added.