Asyst announces major European Order.FREMONT, Calif.--(BUSINESS WIRE)--March 26, 1996--Asyst Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ASYT), the leading supplier of minienvironment and automation systems to the worldwide semiconductor industry, today announced that it has received a $12 million letter of intent from Newport Wafer-Fab Limited of Wales Wales, Welsh Cymru, western peninsula and political division (principality) of Great Britain (1991 pop. 2,798,200), 8,016 sq mi (20,761 sq km), west of England; politically united with England since 1536. The capital is Cardiff. in the United Kingdom. The order encompasses Asyst-SMIF Systems as well as the Asyst SMART-Traveler System (STS (Synchronous Transport Signal) The electrical equivalent of the SONET optical signal. In SDH, the European counterpart of SONET, STS is known as STM (Synchronous Transport Module). ) for paperless tracking and management of semiconductor wafer lots during transport, processing and storage. Newport, a new Asyst customer, is Europe's largest pure wafer foundry-manufacturing half-micron 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. (ICs). By adopting minienvironment technology in tandem Adv. 1. in tandem - one behind the other; "ride tandem on a bicycle built for two"; "riding horses down the path in tandem" tandem with automated material tracking, Newport plans to extend their existing 6-inch wafer fab and address customer demand for advanced technology products with sub-half micron design rules. Newport also plans to leverage this technology in their new 8-inch fab which is now under development. According to Asyst's vice president of European operations, Hugh O'Reilly, Newport evaluated several minienvironment suppliers prior to selecting Asyst. "They were seeking a complete hardware/software/support solution. Our decade of experience, five-year product warranty and strength in 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 integration were all cited as critical factors in the selection process," explained O'Reilly. Asyst reports that the order win signals the company's growing presence in Europe. During the last year alone, Asyst's European sales have increased significantly, due in part to an intensified focus on the region and the allocation of resources allocation of resources Apportionment of productive assets among different uses. The issue of resource allocation arises as societies seek to balance limited resources (capital, labour, land) against the various and often unlimited wants of their members. to boost the European support infrastructure. This includes the opening of several support centers, regionalized spare parts stocking, local manufacturing capability and on-site customer support. "This order will mean further expansion of our manufacturing facility and customer support organization in Europe," reported O'Reilly. "The growing number of new fabs planned for construction throughout Europe by the end of the decade poses additional opportunities for the type of minienvironment and automation solutions that Asyst provides," O'Reilly added. O'Reilly noted that installation in the Newport fab will commence in the third quarter of this year. "We're looking forward to partnering with Newport and plan to work closely with them throughout their conversion to minienvironment and STS technology to accelerate and optimize both the technology and manufacturing benefits for their foundry customers," said O'Reilly. Asyst has the largest installed/experience base in the world for minienvironment and 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 technology, with more than 36 customers now employing this technology throughout the United States, Europe and Asia. Asyst is also the world leader in OEM minienvironment applications. The company has integrated SMIF technology into more than 95 different types of semiconductor processing systems-and has strong working relationships with most of today's leading semiconductor equipment suppliers. Asyst will be exhibiting at SEMICON/Europa, March 27-29, in Geneva Geneva, canton and city, Switzerland Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva. , Switzerland, in booth No. 913. During the show, Asyst will unveil a new product series designed specifically for vacuum and cluster tools. About Newport Newport Wafer-Fab Limited (NWL NWL Newell Rubbermaid, Inc. (stock symbol) NWL Northwest League (Boise, Idaho; baseball) NWL Northwoods League NWL North West London NWL Neverending White Lights (band) ) was formed on December 7, 1992, with the acquisition of the former Inmos manufacturing site in Newport, Wales, UK from SGS-Thomson Microelectronics. The fab was originally constructed in 1982. NWL is a subsidiary of QPL QPL Q Public License QPL Qualified Products List QPL Qualified Parts List QPL Quantum Programming Language QPL Questionnaire Programming Language QPL Qualified Product Listing QPL Quality Products List QPL Quality Parts List QPL Qt Public License International Holdings, Ltd., an electronic services-based group of companies headquartered in Hong Kong. About Asyst Asyst Technologies, Inc. is a leading provider of material control and automation systems that help semiconductor manufacturers improve their integrated circuit (IC) manufacturing productivity. The company's Asyst-SMIF System combines state-of-the-art minienvironments with advanced robotics to create ultraclean processing environments that are both comprehensive and flexible. The SMART-Traveler System (STS) works in tandem with SMIF to eliminate misprocessing. Both Asyst-SMIF and its companion STS products are integral to seamless factory automation of the future. Asyst's subsidiary, Asyst Automation, Inc., focuses on material handling control software and inter-bay/intra-bay automation systems. Founded in 1984, Asyst Technologies, Inc. is headquartered in Fremont, Calif., with facilities in Europe and the Far East. Asyst Automation, Inc. is located outside Boston, Mass. The company's common stock trades on the NASDAQ Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. under the symbol ASYT. About SMIF SMIF stands for Standard Mechanical InterFace, the material handling approach that enables wafer transfer to and from sealed SMIF environments without exposure to cleanroom ambient conditions. SEMI standards exist for 150- and 200mm wafer sizes and are now being defined for 300mm. CONTACT: Asyst Technologies Inc. William Hansen, 510/661-5225 Doug McCutcheon, 510/661-5000 (investor) or MCA MCA in full Music Corporation of America Entertainment conglomerate. It was founded in Chicago in 1924 by Jules Stein as a talent agency. In the 1960s it bought Decca Records and Universal Pictures, and today it produces films, music, and television shows. Inc. Jean LeMoin, 415/968-8900 |
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