Asyst Receives Multi-Million Dollar Follow-On Order from Powerchip Semiconductor.Business Editors/High-Tech Writers FREMONT, Calif.--(BUSINESS WIRE)--Oct. 9, 2003 Powerchip Will Expand Automated Material Handling System at Fab 12A in Hsinchu, Taiwan Asyst Technologies, Inc. (Nasdaq:ASYT) today announced that it has been awarded a multi-million dollar order from Powerchip Semiconductor Corp. to expand the Automated Material Handling System (AMHS AMHS ATS Message Handling System (air traffic control) AMHS Alaska Marine Highway System AMHS Automated Message Handling System AMHS Aeronautical Message Handling System AMHS Academic Magnet High School ) for Phase 2 of Powerchip's Fab 12A in Hsinchu, Taiwan. The order, received in Asyst's second fiscal quarter ended September 27, 2003, was placed through Asyst Shinko, Ltd., the company's majority-owned subsidiary majority-owned subsidiary A firm in which more than 50% of outstanding voting stock is owned by the parent company. . Powerchip's Fab 12A is the first 300mm fab custom-built to manufacture advanced memory products in Taiwan and is among the world's top three 300mm DRAM facilities in mass production. The Phase 2 AMHS installation is expected to begin sometime in the first calendar quarter of 2004. A Powerchip spokesperson said, "As one of the pioneers of 300mm production in the DRAM industry, Powerchip recognized early on the importance of automated material handling to enhance productivity. We selected Asyst-Shinko because of its excellent performance and high reliability in Phase 1 of our plant and because they continue to offer the industry's best solution for 300mm AMHS." About Powerchip Semiconductor Corp. Powerchip Semiconductor Corporation (PSC (Public Service Commission) Same as PUC. ) is the leading commercial memory chip manufacturer in Taiwan. It was established in Hsinchu Science-based Industrial Park in December 1994. PSC gained a technological sector listing on the Taiwan GreTai Security Market, and issued a Global Depository Receipt Global Depository Receipt A receipt denoting ownership of foreign-based corporation stock shares which are traded in numerous capital markets around the world. (GDR GDR See Global Depositary Receipt (GDR). ) in 1999, becoming the first Taiwan-listed company to be listed on the Luxembourg Stock Exchange The Luxembourg Stock Exchange (French: Bourse de Luxembourg) is a stock exchange based in Luxembourg City, in southern Luxembourg. . About Asyst Asyst Technologies, Inc. is a leading provider of integrated automation solutions that enable semiconductor and flat panel display A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time (FPD (1) (Flat Panel Display) See LCD, plasma display, EL display, FED and flat panel display. (2) (Field Programmable Device) An umbrella term for all chips that can be programmed by the customer including SPLDs, CPLDs and FPGAs. See PLD. ) manufacturers to increase manufacturing productivity and protect investments in materials during the manufacturing process. Encompassing isolation systems, work-in-process materials management, substrate-handling robotics, automated transport and loading systems, and connectivity automation software, Asyst's modular, interoperable solutions allow chip and FPD manufacturers, as well as original equipment manufacturers, to select and employ the value-assured, hands-off manufacturing capabilities that best suit their needs. Asyst's homepage is http://www.asyst.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. " Statement 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 risk that customers will delay, reduce or cancel planned projects and thus delay recognition or the amount of our anticipated revenue, risks associated with the acceptance of new products and product capabilities, competition in the semiconductor and FPD equipment industries, and other factors more fully detailed in the Company's annual report on Form 10-K for the year ended March 31, 2003 and other reports filed with the Securities and Exchange Commission. |
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