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Axcelis Convertible Notes Registration Statement on Form S-3 Declared Effective by the Securities and Exchange Commission.


Business/Technology Editors

BEVERLY, Mass.--(BUSINESS WIRE)--May 28, 2002

Axcelis Technologies Axcelis Technologies, Inc. NASDAQ: ACLS engages in the design, manufacture, and servicing of capital equipment for the semiconductor manufacturing industry worldwide. , Inc. (Nasdaq: ACLS ACLS
abbr.
advanced cardiac life support
) announced today that its registration statement on Form S-3, registering the resale of its outstanding 4 1/4% Convertible Senior Notes due January 15, 2007 and the shares of its Common Stock into which such notes are convertible, has been declared effective by the Securities and Exchange Commission. All of the securities included in the registration statement will be offered by certain securityholders of the Company. The Company will not receive any proceeds from the resale of the notes or the underlying Common Stock by the selling securityholders.

Upon filing with the Securities and Exchange Commission, copies of the final prospectus Final Prospectus

A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors.

Notes:
The final prospectus must be given to every investor who purchases a new issue of registered securities.
 may be obtained by contacting Axcelis Technologies, Inc., 55 Cherry Hill Cherry Hill, township (1990 pop. 69,319), Camden co., W central N.J.; name was changed from Delaware township to Cherry Hill in 1961. Largely residential, Cherry Hill has been marked by great development and housing growth, especially since the 1970s.  Drive, Beverly, Massachusetts 01915 Attn: Investor Relations Investor relations

The process by which the corporation communicates with its investors.
.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Axcelis Technologies, Inc.

Axcelis Technologies, Inc., headquartered in Beverly, Massachusetts, provides innovative, high-productivity solutions for the semiconductor industry. Axcelis is dedicated to developing enabling process applications through the design, manufacture and complete life cycle support of ion implantation, rapid thermal processing Rapid Thermal Processing (or RTP) refers to a semiconductor manufacturing process which heats silicon wafers to high temperatures (up to 1200 C or greater) on a timescale of several seconds or less. , and cleaning and curing systems. Axcelis Technologies has key technology centers in Beverly, Massachusetts, and Rockville, Maryland as well as in Toyo, Japan through its joint venture, SEN. The company's Internet address is: www.axcelis.com.
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Publication:Business Wire
Date:May 28, 2002
Words:270
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