ADE Receives Multi-Million Dollar Order From a Major Silicon Wafer Supplier; Wafer Inspection, Measurement and Yield Management Tools Support 300mm Fab Expansion in North America.WESTWOOD, Mass. -- 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 a multi-million dollar order for 300mm production wafer quality certification and process control systems, including wafer geometry measurement, surface inspection and defect classification, and the new FabVision(TM) yield management and database system, from a major semiconductor wafer supplier. Delivery of these tools is expected to be completed in calendar 2006 to support the customer's first 300mm wafer production fab in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . "This multi-million dollar order, encompassing ADE's broad range of in-line wafer metrology, inspection and yield management products continues to reflect the growth of 300mm wafer capacity and represents the first expansion of 300mm silicon wafer production in the United States," said Dr. Chris L. Koliopoulos, ADE's president and chief executive officer. "Through the adoption of this tool set by this major wafer supplier, ADE is committed to help the customer ramp up Ramp Up To increase a company's operations in anticipation of increased demand. Notes: A company might 'ramp up' operations if they just signed a contract creating substantially more demand for their product. See also: Demand, Economies of Scale 300mm wafer production in a timely manner, to successfully achieve its yield entitlements for this initial investment in the United States." Gartner Dataquest predicts that 300mm wafer demand will grow by 41% in 2006 and by an additional 20% in 2007. Nineteen new 300mm semiconductor device fabs are planned either to begin or to ramp production between 2006 and 2008. ADE's full line of production metrology and inspection equipment enables high yield with low cost of ownership and a smooth transition between technology nodes See technology generation. for wafer suppliers, incoming quality control and semiconductor equipment manufacturers. About ADE Corporation ADE Corporation is a leading supplier of metrology and inspection systems for the semiconductor 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 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 www.ade.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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, beliefs, assumptions and anticipations should be considered forward-looking statements. These statements include, but are not limited to, those associated with the shipment of product to the aforementioned silicon wafer supplier, the effect of ADE products on customer product quality and production rates, and expected 300mm silicon wafer demand. These statements involve risks and uncertainties including those associated with wafer pricing and wafer demand; the results of its product development efforts; and the success of ADE's product offerings to meet customer needs within the timeframes required by customers in these markets. 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, 2005. |
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