Asyst Receives $15-Million Order From SMIC -- China's First 200mm Foundry; Second Chinese Win Signifies Asyst's Leadership of 200mm Automation Market.Business Editors/High-Tech Writers FREMONT, Calif.--(BUSINESS WIRE)--June 21, 2001 Asyst Technologies, Inc. (Nasdaq:ASYT), the leading provider of Standard Mechanical Interface (SMIF SMIF Standard Mechanical Interface SMIF Stream-based Model Interchange Format SMIF Shared Materials Instrumentation Facility (Duke University) SMIF Stanford Management Internship Fund SMIF SMAD4-Interacting Transcription Factor )-based manufacturing automation systems, today announced it has received an order from China's Semiconductor Manufacturing International Corp. (SMIC SMIC Salaire Minimum Interprofessionnel de Croissance (French: guaranteed minimum wage) SMIC Semiconductor Manufacturing International Corp (Shanghai) SMIC Side Mount Intercooler ) for its 200mm SMIF products. The order, totaling more than $15 million, represents Asyst's dominant market-share leadership of the 200mm SMIF market in the region. The order is comprised of Asyst's 200mm products, including SMIF load port interfaces (SMIF-LPTs(TM)), Auto-ID systems (SMART-Tag(TM)), wafer cassette containers (SMIF-Pods) and wafer sorting systems. The SMIC fab -- a complete turnkey operation and the first commercial foundry in China -- is expected to produce more than 85,000 wafers per month when it reaches full production. Commenting on the key criteria for selecting a supplier of SMIF products for its new 200mm foundry, SMIC 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. Dr. Richard Chang stated, "Asyst continues to be the undisputed leader in its ability to provide us with the comprehensive SMIF products to equip our fab, and thus the natural choice in our selection. We know Asyst's excellent reputation around the world, and it can provide the cost advantage and comprehensive field support that we require." SMIC has plans to eventually expand its facility to more than six fabs in Shanghai, and to cooperate and have business relationships with major semiconductor companies worldwide. Chang continued, "We look forward to a mutually beneficial Adj. 1. mutually beneficial - mutually dependent interdependent, mutualist dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture" and long-lasting relationship with them as we launch our semiconductor manufacturing efforts in China." Semiconductor industry forecasts predict that China will be one of the fastest growing markets for the industry. Cahners In-Stat Group (Scottsdale, Ariz.) projected last year that the total device consumption rate in China is projected to reach $27 billion by 2003. This indicates a strong market opportunity for isolation and automation technologies, especially as chipmakers and foundries increasingly depend on these critical technologies to improve productivity and yield. 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. Asyst Chairman and CEO Dr. Mihir Parikh, "We are very pleased to have been selected as the SMIF solution supplier for SMIC's new 200mm fab. This second win in China further strengthens our leadership position in the rapidly growing Chinese market. Additionally, our ability to play a leading role in supporting 200mm wafer manufacturing in China positions us strongly to help our customers transition to the forthcoming 300mm market." About Asyst: Asyst Technologies, Inc. is a leading provider of integrated automation systems for the semiconductor manufacturing industry, which enable semiconductor manufacturers to increase their manufacturing productivity and protect their investment in silicon wafers during the manufacture 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 ICs. Through its "Value-Assured Fab" strategy, Asyst offers a broad range of 200mm and 300mm solutions that enable the safe transfer of wafers and information between the process equipment and the fab line throughout the IC fabrication fabrication (fab´rikā´sh n the construction or making of a restoration. process, while reducing IC damage caused by human, environmental, mechanical and chemical factors. Encompassing isolation systems, work-in-process materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, , substrate-handling robotics robotics, science and technology of general purpose, programmable machine systems. Contrary to the popular fiction image of robots as ambulatory machines of human appearance capable of performing almost any task, most robotic systems are anchored to fixed positions , automated transport and loading systems, and connectivity automation software, Asyst's modular, interoperable The ability for one system to communicate or work with another. See interoperability. solutions allow chipmakers and original equipment manufacturers, or OEMs, to select and employ the value-assured, hands-off manufacturing capabilities that best suit their needs. Asyst's homepage is http://www.asyst.com Except for statements of historical fact, the statements in this press release are forward-looking. Such statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include, but are not limited to: the volatility of semiconductor industry cycles, failure to respond to rapid demand shifts, dependence on a few significant customers, the transition of the industry from 200mm wafers to 300mm wafers, risks associated with the acceptance of new products and product capabilities, including our Plus Portal systems portal system: see circulatory system. , competition in the semiconductor equipment industry, failure to efficiently integrate acquired companies, failure to retain employees, and other factors more fully detailed in the Company's annual report on 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 year ended March 31, 2001 filed with the Securities and Exchange Commission on June 19, 2001. Note to Editors: SMIF-LPT and SMART-Tag are trademarks of Asyst Technologies, Inc. |
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