KALISPELL, Mont., Jan. 10 /PRNewswire-FirstCall/ -- Semitool, Inc. (NASDAQ:SMTL) a leading manufacturer of wafer processing equipment for the semiconductor industry, today announced it has recently added another global 300mm memory manufacturer to its growing list of copper damascene customers. This increases Semitool's strong market share position in the burgeoning copper plating market for memory applications.
According to Klaus Pfeifer, Semitool's general manager for Copper ECD, "Memory manufacturers know that the requirements for copper damascene in DRAM and FLASH memory applications are unique and more demanding than those of their logic-manufacturing counterparts. Smaller features require more advanced technology for copper fill. At the same time, the highly competitive nature of the memory market demands the lowest cost of ownership. Semitool's Raider ECD delivers on both of these counts with the productivity and extendibility customers need to meet their long-term goals." Larry Murphy, president and chief operating officer, said, "With this new customer win we have expanded our very strong market share position in the copper memory market and continue to maintain our momentum in this market area. Our focus on providing both the capability required by smaller nodes used to make memory devices, as well as the lowest cost per wafer pass puts us in a compelling position. We expect this to continue as logic device customers move to the geometries used in memory chips." About Semitool, Inc.
Semitool designs, manufactures and supports highly engineered, multi-chambered single-wafer and batch wet chemical processing equipment used in the fabrication of semiconductor devices. The company's primary suites of equipment include electrochemical deposition for electroplating copper, gold, solder and other metals; surface preparation systems for cleaning, stripping and etching silicon wafers; and the cleaning of wafer transport container systems. The company's equipment is used in semiconductor fabrication front end (FEOL) and back-end (BEOL) processes including wafer-level packaging.
Headquartered in Kalispell, Montana, Semitool maintains sales and supports centers in the United States, Europe and Asia. The company's stock trades on the Nasdaq national Market under the symbol SMTL. For more information, please visit the company's website at http://www.semitool.com/.
Semitool is a registered trademark of Semitool, Inc.
Safe Harbor Statement
This news release contains forward-looking statements, including statements related to the burgeoning copper plating market for memory applications and the company's increased momentum and expectation of a strong market share position in this application. These statements are based on management's estimates, projections and assumptions as of the date hereof and are subject to risks and uncertainties that are discussed in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended September 30, 2006. Many factors can adversely affect market share in a particular application, including our products' performance, competition with other copper plating equipment manufacturers for memory applications and technological developments. Our business in general is subject to risks that can cause actual results to differ materially from those anticipated in our forward-looking statements, including, without limitation, demand being adversely affected by the cyclicality in the semiconductor industry, the financial condition of our customers, the company's ability to timely deliver and support its products, technological changes that affect our ability to compete, the risks associated with competing on a global basis as well as a number of other risk factors described in our Form 10-K. We assume no obligation to update forward-looking statements that become untrue because of subsequent events. DATASOURCE: Semitool, Inc.
CONTACT: Larry Viano, Chief Financial Officer of Semitool, Inc., +1-406-752-2107, ; or Geoff High of Pfeiffer High Investor Relations, Inc., +1-303-393-7044, for Semitool, Inc.
Web site: http://www.pfeifferhigh.com/ Web site: http://www.semitool.com/
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