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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Duker who wrote (30791)6/2/1999 1:52:00 PM
From: Proud_Infidel  Respond to of 70976
 
Wednesday June 2, 7:53 am Eastern Time
Applied Science inks $142 mln supply deal
WOBURN, Mass., June 2 (Reuters) - Applied Science and Technology Inc. said Tuesday it had signed a a three-year supply agreement with Applied Materials Inc. (Nasdaq:AMAT - news) worth up to $142 million.

The production technology provider for the manufacture of semiconductor devices said in a statement that the agreement to supply a broad range of semiconductor sub-systems was its biggest contract so far.

The deal ''reflects estimates of up to $142 million in business over the three-year term,'' it said.

Applied Science provides reactive gas processing solutions and specialty power sources to the semiconductor, electronics, medical, and industrial markets.

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