August Technology Receives First Order for WAV Inspection System.Business Editors/High-Tech Writers MINNEAPOLIS--(BUSINESS WIRE)--April 25, 2003 August Technology (Nasdaq:AUGT), a leading supplier of automated inspection solutions for the microelectronic industries, yesterday during their quarterly conference call announced that it has received its first order for a WAV 1000 wafer inspection system following the acquisition of Semiconductor Technologies and Instruments (STI STI systolic time intervals. ). This is a repeat order for a 300mm test floor inspection system from a large US-based integrated device manufacturer See IDM. (IDM (1) See identity management. (2) (Integrated Device Manufacturer) A company that performs every step of the chip-making process, including design, manufacture, test and packaging. Examples of IDMs are Intel, AMD, Motorola, IBM, TI and Lucent. ) that has a long and successful relationship with the STI group. "We are excited to receive this WAV order so quickly after last week's closing on the acquisition of STI as it confirms the strategic nature of this acquisition," explained David Klenk, August Technology's president and COO. "This order confirms the WAV's dominant market position for automated inspection on the test floor. By adding the WAV to our product offering we further extend the areas we serve throughout the device manufacturing process to now include the probe and test floor." The WAV 1000 is an award winning automated inspection system designed to quickly identify defects created during the wafer fabrication Wafer Fabrication is a procedure composed of many repeated sequential processes to produce complete electrical or photonic circuits. Examples include production of radio frequency (RF) amplifiers, LEDs, optical computer components, and CPUs for computers. process and is especially effective for inspecting for defects post probe. The WAV inspection module - integrated onto a wafer prober The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. that acts as the automated handling module - provides device manufacturers with an optimum combination of price and performance for their test floor inspection needs. Currently, WAV systems are installed in many of the leading wafer fabs and testing facilities around the world. About the Company: August Technology Corporation, based in Bloomington, Minnesota Bloomington is a city in Hennepin County, Minnesota, and a southern suburb of Minneapolis. As of 2005, it had a population of 84,347, making it the largest Twin Cities suburb, and the fifth largest city in the state[1]. , is a leading supplier of automated visual defect inspection equipment for the microelectronic industries and has established service and sales representation in all major microelectronic manufacturing markets worldwide. The inspection solutions designed, manufactured and marketed by August Technology provide microelectronic device manufacturers with cost-saving quality and process information. August Technology is a founding member of the Advanced Packaging and Interconnect Alliance (APiA) and is an active member of the Die Products Consortium (DPC DPC Department of Premier and Cabinet (Victoria, Australia) DPC Dutch Power Cows DPC Deferred Procedure Calls (Microsoft Windows NT 4. ). Additional information can be found by visiting August Technology's web site at www.augusttech.com. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : This release contains forward-looking statements that involve risks and uncertainties including statements regarding orders which have not yet been shipped, installed or accepted, and actual results may differ from those set forth in the forward-looking statements, because of the risks and uncertainties, including but not limited to deterioration in general economic conditions, further downturns in the microelectronics industry, further softening of the financial markets, inaccurate market expectations, changes in the development agreement or relationship with the semiconductor party we are in the development agreement with, or any unforeseen difficulties in the development, manufacture, shipment, delivery and/or acceptance of our products or in the economy in general. Please refer to additional risk factors stated in August Technology's 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. Registration Statement filed with the Securities and Exchange Commission. |
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