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Technology Stocks : UNPH _ Uniphase -- Ignore unavailable to you. Want to Upgrade?

To: mikel who wrote (1033)	1/7/1999 1:49:00 PM
From: FranW	Read Replies (1) \| Respond to of 1261

KLAC buys Ultrapoint from UNPH SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 7, 1999--KLA-Tencor Corporation (Nasdaq:KLAC) and Uniphase Corporation (Nasdaq:UNPH) today announced that KLA-Tencor has acquired the assets of the Ultrapointe subsidiary of Uniphase. The acquired assets include intellectual property, patents and inventory for the Confocal laser Review Station (CRS) product, which is used to analyze defects on silicon wafers during the semiconductor manufacturing process. Terms of the agreement were not disclosed, although Uniphase anticipates recognizing a non-recurring charge on the disposition of these assets of $3 million in the quarter ended Dec. 31, 1998. Under prior agreements, KLA-Tencor has served as the exclusive OEM reseller for the Ultrapointe CRS since 1995. "The CRS has been the market leader in optical defect review for the past two years. Bringing the system directly into our product portfolio will allow us to better focus our resources in supporting CRS customers worldwide," said Scott Landstrom, vice president and general manager of the Defect Review and Classification division of KLA-Tencor. "We will now be better positioned to link the CRS with our family of other leading wafer inspection products, including the IMPACT automatic defect classification (ADC) technology, which has already been adopted by 18 of the top 20 semiconductor manufacturers worldwide." "The sale of Ultrapointe to KLA-Tencor is good for our customers and for Uniphase," said Dr. Bruce W. Worster, president of Ultrapointe. "The advanced Ultrapointe products are now part of a leading semiconductor equipment industry supplier, and Uniphase can continue to concentrate its energies on the telecommunications business that has become by far its most important opportunity." Uniphase Corporation is an optoelectronics company that designs, develops, manufactures and markets fiber optic telecommunications components and modules and laser subsystems. The Company's telecommunication products include semiconductor lasers, high-speed external modulators, transmitters, fiber Bragg gratings and optical modules for fiber-optic networks in the telecommunications and cable television industries. For more information on Uniphase, visit its web site at www.uniphase.com. KLA-Tencor Corporation is the world leader in yield management and process control solutions for semiconductor manufacturing and related industries. An S&P 500 company, KLA-Tencor is traded on the Nasdaq National Market under the symbol KLAC. Company headquarters are located in San Jose, Calif., with sales offices worldwide. Additional information about the company is available on the Internet at www.kla-tencor.com.