Applied Materials Notified of DOJ Investigation.Business Editors/High-Tech Writers SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--Oct. 6, 2000 The Department of Justice has notified Applied Materials Applied Materials, Inc. NASDAQ: AMAT (HKSE: 4336 ) is the global leader in nanomanufacturing technology solutions with a broad portfolio of innovative equipment, service and software products for the fabrication of semiconductor chips, flat panel solar displays, solar , Inc. that it has begun an investigation of the company's licensing of technology. The company stated it believes that its technology licensing practices are in full compliance with the law and that it will cooperate fully with the Department in its investigation. "This appears to be a routine inquiry into a small part of Applied Materials' business -- licensing of intellectual property, including patents. Applied Materials makes significant investments in developing solutions for our customers. Intellectual property helps to protect both our customers' and Applied Materials' own investment in innovation," said Joseph J. Sweeney Sweeney in poems by T. S. Eliot, symbolizes the sensual, brutal, and materialistic 20th-century man. [Br. Poetry, Benét, 978] See : Virility , Applied Materials group vice president of Legal Affairs and Intellectual Property. "We anticipate that following an evaluation of the facts, the Department staff will conclude that no further action is warranted and the investigation will be closed." Applied Materials (Nasdaq:AMAT AMAT Applied Materials (stock symbol) AMAT Average Memory Access Time AMAT Automatic Message Accounting Transmitter AMAT Anti-Materiel (bomb or mine) AMAT Ageing Management Assessment Team ) is a leader of the Information Age and the world's largest supplier of products and services to the global semiconductor industry. Applied Materials' web site is http://www.appliedmaterials.com. |
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