August Technology Receives Multimillion Dollar Order for 3Di Bump Inspection Systems.Business Editors & Technology Writers MINNEAPOLIS--(BUSINESS WIRE)--Sept. 19, 2002 August Technology (Nasdaq:AUGT) today announced it has received a multimillion-dollar order from one of Taiwan's leading bumping service providers, for multiple 3Di Series 300mm wafer and bump inspection systems. "As this customer is a leader in the industry's transition to 300mm wafer bumping, their tool selection was particularly critical. In choosing the tools to meet their current high-volume capacity requirements they are also laying the foundation for future capacity expansions. The selection process went beyond simply assessing throughput and accuracy performance to also include support and long-term supplier commitment," explained Greg Stark, 3Di product manager. "As a result of this evaluation, the 3Di systems were selected to replace this customer's existing automated bump inspection solution." "The fact that this supplier of leading edge wafer level packaging capabilities is investing millions of dollars in inspection equipment highlights the value of timely and accurate process information. This information is the key to process enhancement and quality control," stated David Klenk, August Technology's president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "We are pleased that in their quest for Verb 1. quest for - go in search of or hunt for; "pursue a hobby" quest after, go after, pursue look for, search, seek - try to locate or discover, or try to establish the existence of; "The police are searching for clues"; "They are searching for the process information, this customer has joined the growing number of advanced packaging facilities who have chosen the 3Di Series as their preferred solution." August Technology's 3Di-8000, winner of Advanced Packaging Magazine's 2002 Inspection Product of the Year, is one in a series of high-speed 2D and 3D wafer and bump inspection and metrology systems which provide critical process information to the rapidly growing advanced packaging market. 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. Dataquest, the number of bumped wafers is expected to grow by 288% over the next four years. August Technology's automated inspection solutions provide critical product and process enhancing information enabling microelectronic device manufacturers to drive down costs and time to market. 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]. , August Technology is a founding member of the Advanced Packaging and Interconnect Alliance (APiA) and 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 de·te·ri·o·ra·tion n. The process or condition of becoming worse. in general economic conditions, further downturns in the microelectronics industry, further softening softening /sof·ten·ing/ (sof´en-ing) malacia. softening a change of consistency, with loss of firmness or hardness. of the financial markets, inaccurate market expectations, 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. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion