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

To: Justa Werkenstiff who wrote (2458)	5/19/1998 6:05:00 PM
From: Kevin Firth	Read Replies (1) \| Respond to of 3696

Ultratech Stepper to Acquire the Assets of Integrated Solutions biz.yahoo.com SAN JOSE, Calif.--(BUSINESS WIRE)--May 19, 1998--Ultratech Stepper, Inc. (NASDAQ/NM Symbol:UTEK - news) today announced it has signed a definitive agreement to acquire the assets of Integrated Solutions, Inc. (''ISI''), a privately held manufacturer of i-line and deep ultra violet (UV) reduction lithography systems based in Tewksbury, Massachusetts and Austin, Texas. Terms of the agreement were not disclosed. The acquisition is expected to close within 30 days. Arthur W. Zafiropoulo, Chairman and Chief Executive Officer, stated, ''The acquisition of ISI's assets positions Ultratech to offer customers a broader range of lithography solutions, including our patented 1X and e-beam technologies, and now i-line and deep UV reduction steppers. ISI's lithography products are an outstanding addition to our portfolio, as they offer the combination of productivity and cost-effectiveness that is the cornerstone of Ultratech's corporate strategy.'' ''We expect to focus the reduction stepper products acquired on disk drive and selected semiconductor market applications,'' Zafiropoulo continued. The acquired products were developed under an R&D grant from Sematech, a consortium of semiconductor device companies with US government funding, which led the development of leading-edge lithographic process equipment. The reduction stepper product line will continue to operate in the Massachusetts location, which has experienced technical personnel to support the growth of this operation.

To: Justa Werkenstiff who wrote (2458)	5/19/1998 10:50:00 PM
From: Xplorer	Read Replies (1) \| Respond to of 3696

***OT** Justa, I cannot answer those questions about the volume of KOMAG disk SEG uses, I just know that SEG is a major customer. 10% could be a good number I suppose. They had a small layoff off of production people at the first part of the year. At the same time though they were in process with large capital equip. upgrades and installations. The intent, I'm sure, is to increase volume and the number parts per employee. The bottom line, to compete, that sort of thing. At the time the talk was of only very very mild control of spending being passed down to the engineering people. What you state about percentage of revenues from SEG is in line with the decrease in production output I remember during that period of time. Asia came next of course. Today I talked to one of the management people I know. He said that they were just going back to 7 days a week (they were still on two shifts per day). Also the word was that they would be back up to the volume they were at before the slow down within the 3rd or @ the beginning of the 4th Qtr.. Before the slow down, they were @ 100% production. I know the volume they are capable of now is up quite a bit from then. I'm glad I called, its looks like I might get a project out of it. I like to use these type of contacts as indicators for the tech sectors. You have to agree that there is a tie in to the companies like UTEK. Even if all of this it is only very small piece of the "stock puzzle"...... you get enough pieces you might just guess the big picture before everyone else. Steve.