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To: Patrick Slevin who wrote (13690)5/7/1998 10:47:00 AM
From: Andrew Vance  Respond to of 17305
 
*AV*--Funny you should mention SCUD missiles. After the past few days, I am reminding myself of the Russian Computer hacker in "Golden Eye" who thought he was invincible after the installation blew up around him. No sooner did he make that statement then a huge bank of liquid Nitrogen tanks explode and rain down on him.

A wise individual wrote me that if it were him, he would take the rest of the week off. I went to the well a few times this week and walked away with buckets of delicious tasting Rocky Mountain Spring water. I have made some other purchases of stock this week that are slightly off in price. I do not think I am going to chance fate anymore this week so for better or worse, I am taking the rest of the week off.

I will end with this most recent news release which I believe to be significant since it established legal recourse for CFMT in Japan. IMO it is very difficult to protect US patents in Japan without getting the equivalent Japanese patent.

Thursday May 7, 7:30 am Eastern Time
Company Press Release
SOURCE: CFM Technologies, Inc.

CFM Announces Japanese Drying Patent


WEST CHESTER, Pa., May 7 /PRNewswire/ -- CFM Technologies, Inc.
(Nasdaq: CFMT - news) today announced that the counterpart to the
Company's important U.S. patent No. 4,911,761, with claims related to
critical surface drying methods, has been allowed by the Japanese
patent office and will now proceed to grant as a patent. Consistent
with Japanese patent practice, this favorable decision comes following
thorough opposition from competitors.

''We have been waiting since 1988 when this patent application was
filed to be able to clarify ownership of our technology in this
important market for semiconductor manufacturing equipment,'' noted
Christopher F. McConnell, Chairman. It is fitting that this Japanese
patent should be allowed just as the industry is coming to more fully
understand the value of Direct-Displace(TM) drying as covered by our
various drying patents.''

The Company, which recently won a judgment against STEAG MicroTech,
Inc. for willful infringement of the '761 patent, today also announced
that it intends to defend vigorously its existing foreign drying
patents from allegations of invalidity made by STEAG MicroTech's
parent company, STEAG MicroTech GmbH. STEAG's allegations are similar
to those rejected by a jury in the United States District Court for
the District of Delaware which found all asserted claims of the '761
patent valid and willfully infringed by STEAG. Based upon this
finding, CFM has requested that the court permanently enjoin STEAG
from selling or supporting infringing semiconductor wet processing
equipment in the United States. Also, as a result of the jury finding
STEAG guilty of willful infringement, CFM requested that the court
award expanded damages and legal costs, which, in total, could exceed
$10 million.

''Industry acceptance of the advantages of our Full Flow(TM)
technology has led to increasing efforts by certain competitors to
challenge the Company's strong portfolio of patents,'' observed Roger
A. Carolin, President and Chief Executive Officer. ''We believe that
STEAG, having been defeated once in court, is engaged in an
intentional attempt to mislead the marketplace as to the validity of
our patents, worldwide. We are determined to support the customers who
rely on our technology and protect CFM's intellectual property.''

In a separate matter, Dainippon Screen Manufacturing Co., Ltd. and DNS
Electronics, LLC, a competitor to CFM, raised a procedural issue with
the U.S. Court of Appeals for the Federal Circuit and gained
reinstatement of a lawsuit challenging validity of the '761 patent.
This lawsuit was filed prior to the jury verdict finding the '761
patent to be valid on all asserted claims. The appeal court's
jurisdictional decision has no bearing on validity of the '761 patent.

CFM believes that its patents are valid and that it will prevail in
the legal proceedings described above; however, there can be no
assurance of such outcomes and an adverse determination in any of
these proceedings could have a material adverse effect on the Company.

CFM Technologies, Inc. is a leading manufacturer of advanced cleaning
equipment for the semiconductor and flat panel display industries.
CFM's systems provide superior contamination control and processing
capabilities using a totally enclosed processing chamber. Watermarks
and other drying defects are eliminated through CFM
Direct-Displace(TM) IPA vapor drying technology. CFM historically has
developed technical innovations to lower cost of ownership for
advanced wet processing systems.

SOURCE: CFM Technologies, Inc.