Cabot Microelectronics to Collaborate on Next-Generation CMP Technology with IBM.AURORA, Ill. -- Cabot Microelectronics Corporation (Nasdaq:CCMP CCMP Comprehensive Conservation and Management Plan CCMP Counter-Mode/CBC-Mac Protocol (IEEE 802.11I encryption algorithm) CCMP Capacitively Coupled Microwave Plasma CCMP Coalition of Concerned Medical Professionals ) today announced it has entered into an agreement with International Business Machines Corp. (IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) ) to jointly develop chemical mechanical planarization (CMP CMP (cytidine monophosphate): see cytosine. (1) (CMP Media LLC, Manhasset, NY, www.cmp.com) Part of United Business Media, CMP is a leading integrated media company that offers a wide variety of publications and services in the information ) technology for next-generation integrated circuit integrated circuit (IC), electronic circuit built on a semiconductor substrate, usually one of single-crystal silicon. The circuit, often called a chip, is packaged in a hermetically sealed case or a nonhermetic plastic capsule, with leads extending from it for (IC) devices. Under the agreement, Cabot Microelectronics will utilize its industry-leading CMP experience and resources to collaboratively address IBM's 32 and 22 nanometer technology challenges and develop effective CMP solutions for a variety of applications, including new materials. "For almost twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. , since the early days of CMP technology CMP Technology (formerly CMP Media) is a business-to-business multimedia company that provides information and integrated marketing services to technology professionals worldwide. , we have had a productive and collaborative relationship with IBM as an important customer, and we believe that this joint development program reflects and furthers this positive relationship and our ability to bring value to IBM and its customers," stated William P. Noglows, Cabot Microelectronics' Chairman and Chief Executive Officer. "IBM is excited to be collaborating with Cabot Microelectronics in order to deliver leading edge CMP solutions," said Paul Farrar, Vice President SRDC SRDC Southern Rural Development Center SRDC Selected Reserve Direct Commission SRDC SubRate Data Cross-Connect SRDC Symposium on Reliable Distributed Systems (IEEE) SRDC Short Response Data Call Process Development for IBM. "The fast pace of development makes it critical for materials suppliers and device makers to work together closely early in the research and development cycle in order to advance process technology." The research for this joint development program will take place in conjunction with IBM Research at Albany Nano-Tech, Albany NY, and at Cabot Microelectronics' research and development center in Aurora, IL. ABOUT CABOT MICROELECTRONICS CORPORATION Cabot Microelectronics Corporation, headquartered in Aurora, Illinois, is the world's leading supplier of CMP slurries used in semiconductor and data storage manufacturing. The company's products play a critical role in the production of the most advanced semiconductor devices, enabling the manufacture of smaller, faster and more complex devices by its customers. Since becoming an independent public company in 2000, the company has grown to approximately 750 employees on a global basis. The company's vision is to become the world leader in shaping, enabling and enhancing the performance of surfaces, so the company is leveraging its expertise in CMP slurry formulation, materials and polishing techniques developed for the semiconductor industry and applying it to demanding surface modification applications in other industries where shaping, enabling and enhancing the performance of surfaces is critical to success. For more information about Cabot Microelectronics Corporation, visit www.cabotcmp.com or contact Amy Ford, Director of Investor Relations Investor relations The process by which the corporation communicates with its investors. at (630) 499-2600. 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 This news release may include statements that constitute "forward looking statements" within the meaning of federal securities regulations. These forward-looking statements include statements related to: future sales and operating results; company and industry growth or trends; growth of the markets in which the company participates; international events; product performance; the generation, protection and acquisition of intellectual property, and 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. related to such intellectual property; new product introductions; development of new products, technologies and markets; the acquisition of or investment in other entities; uses of the company's cash balance; and the construction facilities by Cabot Microelectronics Corporation. These forward-looking statements involve a number of risks, uncertainties, and other factors, including those described from time to time in Cabot Microelectronics' filings with the Securities and Exchange Commission (SEC), that could cause actual results to differ materially from those described by these forward-looking statements. In particular, see "Risk Factors" in the company's annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended September 30, 2007, filed with the SEC. Cabot Microelectronics assumes no obligation to update this forward-looking information. |
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