UCT Comments On Court Injunction

Date : 12/03/2007 @ 7:25PM
Source : PR Newswire
Stock : Ultra Clean Holdings (MM) (UCTT)
Quote : 4.5  0.51 (12.78%) @ 6:23PM
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UCT Comments On Court Injunction

MENLO PARK, Calif., Dec. 3 /PRNewswire-FirstCall/ -- Ultra Clean Holdings, Inc. (NASDAQ:UCTT), the parent company of Ultra Clean Technology Systems and Service, Inc. (UCT), a leading developer and supplier of critical subsystems for the semiconductor capital equipment industry, announced today that an injunction has been entered by the court with respect to patent infringement claims brought against UCT by Celerity, Inc., requiring it to cease the manufacturing and sale of its Predator(TM) product. In addition, the court entered a judgment awarding Celerity reasonable royalty damages and pre-judgment interest ($13,900.00 and $523.91 respectively through June, 2007), as well as Celerity's costs in the litigation, which the Company does not expect to be material. The judgment is not expected to have a material adverse effect on UCT's operating results or financial condition.

This judgment follows the jury's verdict in June 2007 finding that UCT infringed one of the two patents at issue in the trial, but did not infringe the other. Prior to the trial, UCT had been granted summary judgment of non-infringement of four of Celerity's patents, and Celerity had voluntarily dismissed other asserted claims. In addition, the U.S. Patent Office has already granted UCT's request to reexamine the patent at issue based on substantial new questions of patentability raised by prior art not considered by the Patent Office during the initial examination of the patent.

About Ultra Clean Holdings, Inc.

Ultra Clean Holdings, Inc. is a developer and supplier of critical subsystems for the semiconductor capital equipment industry, focusing on gas delivery systems. Ultra Clean offers its customers a complete outsourced solution for gas delivery systems, improved design-to-delivery cycle times, component neutral design and manufacturing and component testing capabilities. Ultra Clean's customers are primarily original equipment manufacturers of semiconductor capital equipment. The Company is headquartered in Menlo Park, California. Additional information is available at http://www.uct.com/

Safe Harbor Statement

This press release contains, or may be deemed to contain, "forward-looking statements" (as defined in the U.S. Private Securities Litigation Reform Act of 1995) which reflect Ultra Clean Holdings, Inc.'s current views with respect to future events and financial performance. Ultra Clean Holdings, Inc. uses words such as "anticipates," "believes," "plans," "expects," "future," "intends," "may," "will," "should," "estimates," "predicts," "potential," "continues" and similar expressions to identify these forward-looking statements. All forward-looking statements address matters that involve risks and uncertainties. Accordingly, you should not rely on forward-looking statements, as there are or will be important factors that could cause our actual results, as well as those of the markets we serve, levels of activity, performance, achievements and prospects to differ materially from the results predicted or implied by these forward-looking statements. These risks, uncertainties and other factors include, among others, those identified in "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in our Annual Report on Form 10-K for the year ended December 31, 2006 and our Quarterly Report on Form 10-Q for the quarter ended September 28, 2007 filed with the Securities and Exchange Commission. Ultra Clean Holdings, Inc. undertakes no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise.

DATASOURCE: Ultra Clean Holdings, Inc.

CONTACT: Jack Sexton of Ultra Clean Holdings, Inc., +1-650-617-4121

Web site: http://www.uct.com/

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