Asyst Wins Multi-Million Dollar Spartan Sorter Order From Hynix Semiconductor Inc.; Significant Win Extends Spartan Sorter's Market Leadership.FREMONT, Calif. -- Asyst Technologies, Inc. (Nasdaq:ASYT), a leading supplier of integrated automation solutions that enhance 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 manufacturing productivity, today announced that Hynix Semiconductor Inc. has selected Asyst's Spartan(TM) Integrated Sorter for Hynix's new 300mm fab in Ichon, South Korea. The multi-million dollar order from Hynix marks the first win for the Spartan Sorter in South Korea and the fifth major 300mm customer penetration for the Spartan Sorter since its first shipment less than one year ago. A Hynix spokesperson said, "We chose Asyst's Spartan Sorter because it provided the best performance under our rigorous standards for high productivity, high reliability, and low cost of ownership. The Spartan Sorter's excellent performance will help to ensure that we continue to offer our customers the best memory solution in the industry." Wayne Nobles, vice president and general manager of Asyst's Automation Systems Division, said, "We are delighted to have been selected by Hynix for their critical 300mm wafer sorting applications. Spartan is continuing to gain momentum as our customers recognize the unique capabilities and benefits of the industry's most advanced sorting solution." Unlike traditional sorters, which rely on the labor and cost-intensive integration of off-the-shelf components, the Spartan Sorter was designed from the outset as a unified wafer management solution, embodying the minimum scale and complexity necessary to accomplish its core job of moving wafers as cleanly clean·ly adj. clean·li·er, clean·li·est Habitually and carefully neat and clean. See Synonyms at clean. adv. In a clean manner. clean and as quickly as possible. This improves reliability and maximizes efficiency, enables quick start-ups for faster time-to-production, provides higher throughput and delivers industry-leading cleanliness Cleanliness See also Orderliness. Cleverness (See CUNNING.) Berchta unkempt herself, demands cleanliness from others, especially children. [Ger. Folklore: Leach, 137] cat continually “washes” itself. with the lowest particle levels. About Asyst Asyst Technologies, Inc. is a leading provider of integrated automation solutions that enable semiconductor and flat panel display (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 their manufacturing productivity and protect their investments in materials during the manufacturing process. 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, 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, 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. "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 under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 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: Asyst's ability to provide targeted customer benefits and product efficiencies and performance, to integrate its systems effectively with those of OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and customers, to deliver and support its products in a timely manner, and other factors more fully detailed in Asyst'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 27, 2004, and quarterly reports on Form 10-Q Form 10-Q See 10-Q. and Form 10-Q/A filed with the Securities and Exchange Commission. "Asyst" is a registered trademark of Asyst Technologies, Inc. "Spartan" is a trademark of Asyst Technologies, Inc. All Rights Reserved. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion