Autoclave Engineers Reaches Agreement with Applied Materials; Continues as Standard Equipment Option on Centura and Primary Option on 5000 Series.YORBA LINDA Yorba Linda (yôr`bə lĭn`də), city (1990 pop. 52,422), Orange co., S Calif., in a region of citrus fruit; inc. 1967. The city has grown tremendously along with the southern California area; its population increased fivefold between , Calif.--(BUSINESS WIRE)--Nov. 1, 1995--Autoclave Engineers, 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 :ACLV ACLV Accrued Leave ACLV Across-Chip Linewidth Variation (semi conductor manufacturing) ) today announced that Unit Instruments, its sole operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. , has reached an agreement in principle with Applied Materials, Inc. (NASDAQ:AMAT AMAT Applied Materials (stock symbol) AMAT Average Memory Access Time AMAT Automatic Message Accounting Transmitter AMAT Anti-Materiel (bomb or mine) AMAT Ageing Management Assessment Team ) on a three-year agreement to supply mass flow controllers (MFCs). Under the agreement, Unit Instruments will continue to be a standard equipment option for Applied's Centura(TM) platform. In addition, Unit will continue to be the primary supplier on Applied's 5000 Series platform. "On October 25th, Unit celebrated the tenth anniversary of its business relationship with Applied Materials with more than 100,000 MFCs shipped and is pleased to continue this relationship with a new three-year contract," said Michael Doyle, president and chief executive officer of Autoclave autoclave Vessel, usually of steel, able to withstand high temperatures and pressures. The chemical industry uses various types of autoclaves in manufacturing dyes and in other chemical reactions requiring high pressures. Engineers. "Applied is a very important customer, and we are working very hard with the staff there to meet the company's strict technical standards and quality requirements. We look forward to working with the company to continue the success of the 5000 Series platform and to play a role in the emergence of the Centura. We are also working with Applied's end-users to help them enhance their productivity, and we see significant opportunities ahead." Mike Foley, director of materiel ma·te·ri·el or ma·té·ri·el n. The equipment, apparatus, and supplies of a military force or other organization. See Synonyms at equipment. for Applied Materials, commented, "Unit Instruments has a consistent track record relative to technical expertise and global customer service with Applied." Unit Instruments, Inc. is a leading manufacturer of mass flow controllers (MFCs) and other gas process equipment, critical to the semiconductor manufacturing process. The company provides an extensive line of highly repeatable, accurate and reliable process control products. CONTACT: Autoclave Engineers Inc., Yorba Linda Gary Patten, 714/921-2640 or Morgen-Walke Associates Inc., San Francisco Doug Sherk/Jenifer Kirtland/David Gennarelli, 415/296-7383 Jill Ruja/Elissa Grabowski, 212/850-5600 |
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