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Axcelis Marks Three Years of Achievements as Public Company; CEO Mary Puma Leads NASDAQ in Market Opening Ceremony.


Business Editors/High-Tech Writers

BEVERLY, Mass.--(BUSINESS WIRE)--July 11, 2003

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 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
: ACLS ACLS
abbr.
advanced cardiac life support
), today opened 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.
, marking its third year as a public company. Axcelis CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Mary Puma led NASDAQ's morning market opening ceremony at 9:30 a.m. EST EST electroshock therapy.

EST
abbr.
electroshock therapy
 in celebration of Axcelis' on-going achievements, including the launch of the new Axcelis Paradigm(TM) ion implanter and a recent strategic acquisition that expands and strengthens the company's technology portfolio.

"Today marks an exciting milestone for Axcelis," Puma said. "Since going public in the July of 2000, Axcelis has reached new heights as a technology developer, employer and partner in the semiconductor market. We've strengthened operations, expanded our product and patent portfolios and put all the pieces in place that position us for outstanding success when the market upturn arrives."

One of Axcelis' most recent achievements is its acquisition of Matrix Integrated Systems, an important equipment supplier in the dry strip technology market, announced on July 1, 2003. The addition of the Richmond, Calif., company expands Axcelis' dry strip technology portfolio. The move complements Axcelis' activities in the implant market, where today it introduced its newest ion implanter, the Paradigm. The new system gives chipmakers the ability to use a single, high-productivity platform for an expanded range of transistor-building applications in the 90nm technology node See technology generation.  and beyond, marking an important shift in the implant market.

Both achievements support the company's long-term strategy to build critical mass by maintaining leadership positions in each of its served product markets. This strategy has served Axcelis well, leading the company to gain share in all of its served markets during 2002, according to market research firm Gartner Dataquest. Axcelis remains the top supplier in the $645 million market for ion implantation systems, the company's core product line.

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
Geographic Code:1USA
Date:Jul 11, 2003
Words:377
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