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ASML to Establish Center of Excellence in Taiwan.


VELDHOVEN, the Netherlands -- ASML ASML Abstract State Machine Language
ASML Anisotropic Shielded Microstrip Line
 announced today that it has signed a contract with the Taiwanese Ministry of Economic Affairs The following nations have a Ministry of Economic Affairs:
  • The Netherlands
  • The Republic of China
 (MOEA MOEA Ministry Of Economic Affairs (Taiwan, ROC)
MOEA Multi-Objective Evolutionary Algorithm
) to establish the ASML Center of Excellence (ACE) near Taipei. This follows the Letter of Intent ASML and MOEA signed late last year; ASML expects that ACE will be fully operational in Q2 2008 after construction is scheduled to be completed. ASML is currently recruiting personnel for ACE and has secured a temporary facility.

ACE will reinforce ASML's commitment to customers in the Asia-Pacific region by focusing on technology and applications development, equipment support, training, logistics, and refurbishment. ACE will also enable local sourcing of equipment modules, components and services.

"The entire Asia-Pacific region is a key market for ASML; collectively it accounted for nearly two-thirds of our sales in 2006," said Eric Meurice, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . By establishing ACE, we will ensure that ASML continues to meet the growing demands of customers throughout this important region." The Semiconductor Industry Association predicts that the entire Asia-Pacific region will see 12 percent growth year over year in 2007, outpacing industry growth in the rest of the world.

ASML is actively recruiting qualified candidates to work at ACE for customer support, training, application development, development and engineering, logistics, sourcing, and refurbishment and repair. Interested candidates should visit ASML's virtual cleanroom at www.careers.asml.com for more information.

About ASML

ASML is the world's leading provider of lithography systems for the semiconductor industry, manufacturing complex machines that are critical to the production of integrated circuits Integrated circuits

Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1.
 or chips. Headquartered in Veldhoven, the Netherlands, ASML is traded on Euronext Amsterdam and 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
 under the symbol ASML. For more information, visit www.asml.com.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 4, 2007
Words:279
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