ADE Receives Multi-Million Dollar Order From Major Asian Silicon Wafer Supplier; Particle Inspection and Flatness Systems to Support 300mm Capacity Expansion.Business Editors/High-Tech Writers WESTWOOD, Mass.--(BUSINESS WIRE)--Feb. 10, 2004 ADE Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ADEX ADEX Athens Derivatives Exchange (Athens, Greece) ADEX Air Defense Exercise ADEX Advertisement Expenditure ADEX Asociaciã³n de Exportadores (Peru) ) announced today that it has received orders for multiple 300mm production wafer quality certification systems, including the AFS A distributed file system for large, widely dispersed Unix and Windows networks from Transarc Corporation, now part of IBM. It is noted for its ease of administration and expandability and stems from Carnegie-Mellon's Andrew File System. AFS - Andrew File System (TM) Advanced Flatness System and AWIS AWIS Association for Women in Science AWIS Alexa Web Information Service AWIS Army WWMCCS Information System AWIS Advanced Wafer Inspection System (ADE Corporation) AWIS Association for the Wellbeing of Israel's Soldiers (TM) Advanced Surface Inspection System, from a major Asian customer. Delivery of these tools is expected to be complete during the first half of 2004 to support further 300mm capacity and expands the number of existing ADE tools at the customer's production facility. "ADE is proud of its long-standing partnerships with silicon wafer industry leaders," said Dr. Chris L. Koliopoulos, ADE's president and chief executive officer. "This order demonstrates that wafer manufacturers worldwide continue to view ADE as the leader in the bare wafer metrology and inspection market. It is also a sign that expansion in 300mm capacity is ongoing, creating an exciting opportunity for further growth at ADE." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Gartner Dataquest, 10 projects to construct 300mm fabs will start in 2004, in addition to expansion of existing fab capacities, and will augment 300mm wafer demand significantly in 2004 and 2005. They estimate the 300mm wafer market at 400,000 wafers per month in the fourth quarter of 2004. Total demand will reach 600,000 wafers per month at the end of 2004 and exceed 1 million at the end of 2005 (including wafers used for test and monitoring). ADE's AFS Advanced Flatness System, with the Mark IV Gage, is the latest version of the industry-standard production dimensional measurement tool for 300mm silicon, epi, SOI (Silicon On Insulator) A chip architecture that increases transistor switching speed by reducing capacitance (build-up of electrical charges in the transistor's elements), and thus reducing the discharge time. The power requirement is also reduced in some designs. , SiGe and reclaimed wafers. The editors of MICRO Magazine have selected the AFS Advanced Flatness System as one of the "Greatest Hits of 2003" products. ADE's state-of-the-art AWIS systems are fully automatic advanced laser scanning surface inspection tools that identify and classify particles and crystalline defects on polished silicon and epitaxial wafers. These tools ensure the high quality levels required for leading-edge semiconductor device processing. In addition to incorporating ADE's patented Angular Resolved Scatter scat·ter v. 1. To cause to separate and go in different directions. 2. To separate and go in different directions; disperse. 3. To deflect radiation or particles. n. technology, AWIS systems are tailored to meet the inline production and factory automation needs of high-volume wafer manufacturing. ADE will be exhibiting the AFS and AWIS systems, along with the full line of ADE production inspection and metrology tools for bare silicon and non-patterned wafers, at Semicon Korea, February 18 to 20, in Bytech booth # 1522A. About ADE Corporation ADE Corporation is a leading supplier of metrology and inspection systems required for production in the silicon wafer, semiconductor device, magnetic data storage and optics manufacturing industries manufacturing industries npl → industrias fpl manufactureras manufacturing industries npl → industries fpl de transformation . The Company's systems analyze and report product quality at critical manufacturing process steps for yield enhancement, providing quality certification data that is relied upon by semiconductor wafer, device and computer disk manufacturers. The Company's systems also are used for production measurements in the semiconductor chip fabrication fabrication (fab´rikā´sh n the construction or making of a restoration. process. To learn more about ADE, visit the Company's Web site at http://www.ade.com. This news release contains certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Those statements that make reference to the Company's expectations, predictions, assumptions and anticipations should be considered forward-looking statements. These statements include, but are not limited to, those associated with the Company's shipment of products to silicon wafer suppliers and future demand for ADE's wafer inspection systems and wafer flatness metrology systems. These statements involve risks and uncertainties including those associated with the strength of the semiconductor and device markets, wafer pricing and wafer demand, the results of its product development efforts, the success of ADE's product offerings to meet customer needs within the timeframes required by customers in these markets, and developments in the Company's ongoing patent litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. with KLA-Tencor Corporation. Further information on potential factors that could affect ADE Corporation's business is described in the Company's reports on file with the Securities and Exchange Commission, including its Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended April 30, 2003 and its subsequent 10-Q filings. |
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