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ATMI To Acquire Newform.


DANBURY, Conn. and HOEGAARDEN, Belgium--(BUSINESS WIRE)--Oct. 15, 1999--

Adds High Purity Solids Packaging Technology

ATMI ATMI American Textile Manufacturers Institute
ATMI Association for Technology in Music Instruction
ATMI Advanced Technology Materials, Inc.
ATMI Application-to-Transaction Manager Interface
ATMI According to My Information
ATMI Atm Interface Unit
, Inc. (Nasdaq: ATMI), today announced that it has signed a definitive agreement to acquire Newform N.V. of Hoegaarden, Belgium for 550,000 common shares of ATMI common stock in a pooling-of-interests share exchange transaction. The completion of the transaction is subject to regulatory approvals and other closing conditions. Following the transaction, expected to close during the fourth quarter of 1999, Newform's products will join ATMI's specialty materials packaging product lines that include the SDS 1. (company) SDS - Scientific Data Systems.
2. (tool) SDS - Schema Definition Set.
(R) Gas Source and the NOWPak(R) liquid delivery systems.

Doug Neugold, Executive Vice President, ATMI Materials, said, "With the addition of Newform to ATMI, we'll be a comprehensive single source for high purity gas, liquid, or solid materials packaging. ATMI will gain new facilities centrally located in the European Community European Community: see European Union.
European Community (EC)

Organization formed in 1967 with the merger of the European Economic Community, European Coal and Steel Community, and European Atomic Energy Community.
, while Newform will add access to ATMI's US- and Asian-based manufacturing and sales operations."

Terry Nagel, President of ATMI's NOWPak liquid packaging business, said, "With the packaging technology Newform brings to the table, ATMI will be able to package critical solids -- sputter targets, wafer (1) A small, thin continuous-loop magnetic tape cartridge that has been used from time to time for data storage and specialized applications.

(2) The base unit of chip making. It is a slice taken from a salami-like silicon crystal ingot up to 12" (300mm) in diameter.
 and disc shippers, cleanroom parts, container overwraps, and more -- for all facets of the microelectronics microelectronics, branch of electronic technology devoted to the design and development of extremely small electronic devices that consume very little electric power.  market. Newform's pharmaceutical sales nicely complement NOW's emerging sales into this industry."

Stephane Huynen, Newform's Managing Director, said, "Newform is well known and respected for its premium purity, flexible packaging products. We see enhanced sales and marketing opportunities, with greater opportunities to present our products to current and potential ATMI customers. We believe we will also be able to provide select ATMI operations with lower cost, higher quality packaging products."

Newform provides high-purity flexible ultra clean Cleansteam(TM) packaging to the semiconductor and pharmaceutical industries. ISO (1) See ISO speed.

(2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI.
 9002 certified See certification. , Newform is based in Hoegaarden, Belgium, and employs about 40 people. Its 70,000 square foot facility includes 15,000 square feet of Class 100 cleanroom space.

ATMI provides products and services for semiconductor device manufacture through its Materials and Technologies units. ATMI Materials includes thin film materials and delivery systems, sub-atmospheric gas delivery systems, high-purity materials packaging systems, and photolithography A lithographic technique used to transfer the design of circuit paths onto printed circuit boards as well as the circuit paths and electronic elements of a chip onto a wafer's surface.

A photomask is created with the design for each layer of the board or wafer (chip).
 and chemical-mechanical polishing materials. ATMI Technologies includes process and environmental solutions, thin film deposition Placing thin films of material onto metal, ceramic or semiconductor substrates. See sputtering.  services, smart card solutions, and other ATMI ventures.

Statements which are not historical information are forward looking, and involve risks and uncertainties, including, but not limited to: changes in semiconductor industry growth or ATMI's markets; competition, problems, or delays developing and commercializing new products; problems or delays in integrating acquired operations and businesses into ATMI; and other factors discussed in ATMI's filings with the Securities and Exchange Commission. Such risks and uncertainties could cause actual results to differ from those projected.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 15, 1999
Words:446
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