CFM Technologies Announces Follow-on Order from SEMICONDUCTOR300.EXTON, Penn.--(BUSINESS WIRE)--Nov. 18, 1999-- CFM Technologies, Inc. (Nasdaq:CFMT CFMT Community Foundation of Middle Tennessee CFMT Canada’s First Multicultural Television CFMT Ceinwen Faulkner Memorial Trust CFMT Cooperative Fusion Machine Translation ), a leading manufacturer of advanced wet processing equipment for semiconductor manufacturing, today announced that it has received a follow-on order from SEMICONDUCTOR300, the joint venture between Infineon Technologies For the raceway, see . Infineon Technologies AG (ISIN: DE0006231004, FWB: IFX, NYSE: IFX) was founded in April 1999 when the semiconductor operations of parent company, Siemens AG, were spun off to form a separate legal entity. and Motorola, for a 300mm OMNI OMNI Omnidirectional OMNI Organising Medical Networked Information OMNI Opportunities for Micronutrient Interventions Project OMNI Operating Missions as a Node on the Internet (NASA networking project) (TM) wet processing tool. SEMICONDUCTOR300 is the first wafer fab to use 300mm wafers to produce integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. , and recently announced a significant milestone in 300mm progress - shipment of the world's first products from 300mm wafers to customers. The qualification of the 64M DRAM produced on 300mm wafers at SEMICONDUCTOR300 was achieved nine months after production of the first integrated lot. "We are pleased to be able to announce this tangible evidence of our success at SEMICONDUCTOR300," commented Roger A. Carolin, CFM's President and Chief Executive Officer. "Our 300mm program has been a major focus at CFM over the past 3 years and this follow-on order validates its contribution. Our first production tools shipped to SEMICONDUCTOR300 in April 1998, one month ahead of our original project schedule. Our close work with the SEMICONDUCTOR300 team since that time has enabled us to demonstrate the performance and production worthiness of numerous processes on our equipment." Dr. Peter Kuecher, General Manager of SEMICONDUCTOR300 added, "Our ability to ship products from 300mm wafers to customers, before other chipmakers have a proven 300mm toolset, demonstrates a clear advantage for us and our suppliers." The 300mm OMNI(TM) tool utilizes CFM's unique, patented Full-Flow(TM) technology, and is based upon the Company's successful 200mm platform. By leveraging its 200mm design, CFM successfully achieved its goals of maximizing 300mm equipment capability reliability, and overall production-worthiness while minimizing technical risk and time-to-market. CFM completed its development program in 1998 and can demonstrate 300mm tool performance in its recently expanded Applications Laboratory in West Chester West Chester, borough (1990 pop. 18,041), seat of Chester co., SE Pa., W of Philadelphia; inc. 1799. Primarily residential, West Chester was long the trade and processing center for an agricultural region that is now mainly suburbs. , PA. The discussion above regarding the Company's order activity includes certain forward-looking statements on these subjects. As such, actual results may vary materially from such expectations. Factors which could cause actual results to differ from expectations include variations in the level of orders, which can be affected by general economic conditions including the current economic and financial conditions in Asia, particularly in Korea; the timing of the recovery in the semiconductor industry, difficulties or delays in product functionality or performance, the timing of future product releases, failure to respond adequately to either changes in technology or customer preferences, risks of nonpayment of accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying , changes in budgeted costs or failure to realize a successful outcome to pending patent litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. . CFM Technologies, Inc. is a leading manufacturer of advanced cleaning equipment for the semiconductor 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 industries. CFM's systems provide superior contamination control and processing capabilities using a totally enclosed processing chamber. Watermarks and other drying defects are eliminated through CFM's Direct-Displace(TM) IPA IPA - International Phonetic Alphabet vapor drying technology. CFM historically has invested in technical innovations to lower cost of ownership for advanced wet processing systems. |
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