KALISPELL, Mont., April 18 /PRNewswire-FirstCall/ -- Semitool, Inc. (NASDAQ:SMTL), a leading manufacturer of wafer processing equipment for the semiconductor industry, today announced it has added another major memory device manufacturer to its growing list of copper (Cu) damascene customers. The Asia-based company, which performs 300mm manufacturing in both memory and logic, represents a key strategic addition to Semitool's expanding roster of memory-based customers.
Klaus Pfeifer, Semitool's general manager for Copper ECD, said, "This new business win represents another key step toward securing our position as the dominant player in Cu memory applications. We look forward to commencing work with this customer on our Raider platform." Larry Murphy, president and chief operating officer, said, "This win is vital to our overall Asian penetration strategy. We are very excited to work with this new customer in developing their next generation Cu devices for both logic and memory." 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 support 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 securing a dominant position in the Cu memory sector and the customer being vital to the company's overall Asian strategy. These statements are based on management's 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 and technological developments adverse to our products. 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, 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.semitool.com/
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