Aviza Technology Announces Licensing of VTR Vertical Furnace Product Line to Expertech, Inc.
July 14 2008 - 6:30AM
Business Wire
Aviza Technology, Inc. (NASDAQ:AVZA), a supplier of advanced
semiconductor capital equipment and process technologies for the
global semiconductor industry and related markets, today announced
that it has licensed its VTR Vertical Furnace product line to
Expertech, Inc., a manufacturer of diffusion and LPCVD furnaces for
large scale production as well as the development of Semiconductor,
Optoelectronic, MEMS, Photonic, and Photovoltaic devices. Located
in Scotts Valley, California the Company also provides engineering
and ongoing service and support for their products. The license
agreement, which was signed on July 10, 2008, gives Expertech full
rights to manufacture, service and support the VTR vertical furnace
products that were originally marketed under the 'Thermco' name and
later produced by Silicon Valley Group, ASML and Aviza. Terms of
the deal were not disclosed. "Aviza's management team made the
business decision to license the VTR products to align with the
company's strategy to diversify into growing and expanding
markets," said Patrick O'Connor, Aviza Technology's executive vice
president and chief financial officer. �This license ensures a
smooth transition for customers worldwide as they will have
continued access to quality service and product support for this
line of products. Expertech is well qualified to continue
manufacturing VTR products and servicing the global installed
base.� Note to editors: Aviza will be exhibiting at this year's
SEMICON West exhibition, to be held from Tuesday, July 15 through
Thursday, July 17, 2008. For more information about Aviza and the
Company's process technology and product offerings, please visit
the Company at Booth #1521 in the South Hall of Moscone Convention
Center in San Francisco, Calif. For more information about the VTR
products, please visit Expertech during SEMICON West at Booth #2979
in the South Hall of Moscone Convention Center. Safe Harbor This
press release contains forward-looking statements. These
forward-looking statements are based on our management's current
expectations and beliefs and involve numerous risks and
uncertainties that could cause actual results to differ materially
from expectations. You should not rely upon these forward-looking
statements as predictions of future events because we cannot assure
you that the events or circumstances reflected in these statements
will be achieved or will occur. These forward-looking statements
include, but are not limited to, the statements made by Patrick
O�Connor and all statements containing the words "believes,"
"expects," "may," "will," "should," "seeks," "intends," "plans,"
"estimates" or "anticipates" or the negative of these words and
phrases or other variations of these words and phrases or
comparable terminology. Many factors could cause our actual results
to differ materially from those projected in these forward-looking
statements. Some of these factors and other important factors are
detailed in our various Securities and Exchange Commission filings,
particularly in our most recent Annual Report on Form 10-K and
Quarterly Report on Form 10-Q, copies of which are available from
us without charge. Please review these filings and do not place
undue reliance on these forward-looking statements. We assume no
obligation to update forward-looking statements. About Aviza
Technology, Inc. Aviza Technology, Inc. designs, manufactures,
sells and supports advanced semiconductor capital equipment to
enable critical thin film formation process technologies for the
global semiconductor industry, solar photovoltaic (PV), and related
growth markets. The company�s systems are used in a variety of
segments of the semiconductor and related markets, such as advanced
silicon for memory, flash and logic devices, PV solar cells,
advanced 3-D packaging and power integrated circuits for
communications. Aviza�s common stock is publicly traded on the
NASDAQ Global Market (NASDAQ GM: AVZA). Aviza is headquartered in
Scotts Valley, Calif., with manufacturing, R&D, sales and
customer support facilities located in the United Kingdom, Germany,
France, Taiwan, China, Japan, Korea, Singapore and Malaysia.
Additional information about the company can be found at
http://www.aviza.com.
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