Brooks Automation Announces the Acquisition of Tec-Sem AG.Business/Technology Editors CHELMSFORD, Mass.--(BUSINESS WIRE)--Oct. 9, 2001 World leader in lithography lithography (lĭthŏg`rəfē), type of planographic or surface printing. It is distinguished from letterpress (relief) printing and from intaglio printing (in which the design is cut or etched into the plate). automation and batch/buffer tool automation is a significant addition to Brooks Automation's factory interface offerings. Brooks Automation, 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 : BRKS BRKS Brooks (street suffix) ), a leading supplier of tool and factory hardware and software automation solutions for the global semiconductor industry, today completed the acquisition of Tec-Sem AG (Tec-Sem), a leading manufacturer of bare reticle ret·i·cle n. A grid or pattern placed in the eyepiece of an optical instrument, used to establish scale or position. [Latin r stockers, tool buffers and batch transfer systems for the semiconductor industry. The transaction will be accounted for as a purchase of assets in exchange for a combination of cash and Brooks' Common Stock totaling approximately $20 million. "The Tec-Sem acquisition is an important part of Brooks Automation's strategy for the factory interface market segment," said Robert J. Therrien, president and chief executive officer of Brooks Automation. "The cost of leading-edge photomask An opaque image on a translucent plate that is used as a light filter to transfer an image from one device to another. See chip. sets can now exceed $500,000, and this is causing semiconductor manufacturers to rely increasingly on Tec-Sem's pioneering, low-cost bare reticle stocker technology. In addition, Tec-Sem's test wafer stocker permits 300mm factories to store several thousand wafers in an area no larger than a process tool, saving valuable footprint. Brooks has historically been the leading automation supplier to the vacuum and metrology process segments of the tool OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and market. The Tec-Sem acquisition will enable Brooks to emerge as a leader in OEM automation solutions for the furnace, wet bench and lithography segments as well." "Tec-Sem has a reputation for reliability and innovation throughout the semiconductor industry," said Rudy Federici, president and one of the founders of Tec-Sem AG. "The integration of our products with Brooks' leading technologies including robotics, eDiagnostics and factory automation software will enable us to increase our products' functionality, reliability, and ultimate value to customers. Moreover, Brooks' world-class service and support organization will permit Tec-Sem to fully support and deploy our systems worldwide." About Tec-Sem Tec-Sem was founded as Tec-Sem Blattner AG in 1988 by Jakob Blattner, was acquired by the Staeubli Group in 1993 and in 1997 received the ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 certification. In 1999 it became a stand-alone company stand-alone company An independent operating firm. For example, a large diversified firm may consider spinning off a subsidiary because, as a stand-alone company, the subsidiary would command a higher price-earnings ratio than the parent. trhough a management buy-out lead by Jakob Blattner and Rudy Federici. Over the past 13 years, Tec-Sem has established itself as a leader in semiconductor manufacturing as well as in semiconductor tool OEM-based automation solutions. Tec-Sem's products, which are sold directly to semiconductor manufacturers, include its bare reticle stocker and its test wafer stocker. Tec-Sem pioneered both of these stocker technologies, which are characterized by an ultra-dense, highly cost-effective storage methodology in which substrates are stored "bare" rather than in carriers. Tec-Sem is currently the leading supplier of these systems worldwide. Tec-Sem's tool OEM solutions focus primarily on batch handling and the large tool buffer requirements of wet benches, furnaces and high-throughput process tools. In the last year alone, Tec-Sem's tool buffers and batch handling systems were installed in several dozen 300mm tools. The company's web-site is www.tecsem.com. About Brooks Automation, Inc. Brooks Automation, Inc. is the leading global supplier of OEM tool automation and factory management software for the semiconductor, data storage and flat panel display A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time manufacturing industries manufacturing industries npl → industrias fpl manufactureras manufacturing industries npl → industries fpl de transformation . As an established market leader in hardware and software automation, Brooks continues to pioneer "Best-in-Class" technologies that outperform their competitors - from vacuum and atmospheric robots, cluster tool platforms and modules, ultra-clean mini-environments for isolating processing equipment and wafers - to factory and tool automation software and integration services. Both OEM and fab customers leverage Brooks Automation's products and environments. The Company has ISO 9001 certification, is headquartered in Chelmsford, MA and has direct operations in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, Europe, Japan, Korea, Malaysia, Singapore and Taiwan. Brooks' web-site is www.brooks.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The foregoing discussion contains 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. related to future financial results. The forward-looking statements involve several known and unknown risks and uncertainties including, without limitation, risks relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the benefits to Brooks Automation of purchasing Tec-Sem, the continued success of Tec-Sem in the marketplace, the ease of integrating Tec-Sem into the Brooks business unit structure, the Company's dependence on the cyclical semiconductor industry, the Company's dependence on relatively few customers for a significant portion of its revenues, the Company's reliance on sales to OEM customers and the lengthy sales cycles of those customers, the ability of the Company to continue to successfully develop and market new products and product enhancements on a timely basis, the ability to integrate recent acquisitions into the Company, the highly competitive nature and rapid technological change that characterize the industries in which the Company competes, and other risks and uncertainties described in the Company's reports and registration statements filed with the Securities and Exchange Commission. As a result, there can be no assurance that the Company's future results will not be materially different from those projected. The Company also operates in an industry sector where securities' values are highly volatile and may be influenced by economic and other factors beyond the Company's control. The forward-looking statements contained herein speak only of the Company's expectations as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statement to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which any such statement is based. |
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