China's SMIC Selects Axcelis Equipment for Shanghai Fab; Ion Implant, Photostabilization, and Photoresist Dry Strip Systems to Ship in August.Business/Technology Editors BEVERLY, Mass.--(BUSINESS WIRE)--April 17, 2001 Axcelis Technologies, 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 announced the sale of a suite of ion implant, photostabilization and photoresist dry strip tools to Semiconductor Manufacturing International Corp. (SMIC SMIC Salaire Minimum Interprofessionnel de Croissance (French: guaranteed minimum wage) SMIC Semiconductor Manufacturing International Corp (Shanghai) SMIC Side Mount Intercooler ), a new semiconductor foundry in China. The multi-million dollar order includes systems from several Axcelis product lines, reflecting SMIC's confidence in Axcelis' multiple technology segments and global customer support infrastructure. The initial toolset is scheduled to ship to SMIC's Advanced Technology Shanghai fab in August 2001. This sale marks the first in an agreement naming Axcelis one of the suppliers of choice for SMIC's Fab 1. "Axcelis' advanced process development expertise combined with their regionally-based Asia Pacific service and support network were key factors in selecting Axcelis to be a strategic partner," said Marco Mora MORA, In civil law. This term, in mora, is used to denote that a party to a contract, who is obliged to do anything, has neglected to perform it, and is in default. Story on Bailm. Sec. 123, 259; Jones on Bailm. 70; Poth. Pret a Usage, c. 2, Sec. 2, art. 2, n. , vice president of SMIC operations. "Across the board, Axcelis' systems offer high productivity performance with low cost-of-ownership benefits." "Beyond our individual tool sets, we work with our customers onsite throughout the entire fab start-up and ramp-up to optimize process sequences that comprise our implant, RTP (1) (Rapid Transport Protocol) The protocol used in IBM's High Performance Routing (HPR) system. (2) (Realtime Transport Protocol) An IP protocol that supports real time transmission of voice and video. , photostabilization, and dry strip technologies," said Brian Bachman, vice chairman and 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. of Axcelis. "As a market leader with over 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. of experience in China, we look forward to supporting SMIC as it leads China's push into advanced semiconductor manufacturing." About Axcelis Technologies, Inc. Axcelis Technologies, Inc., headquartered in Beverly, Massachusetts, provides innovative, high-productivity manufacturing solutions for the semiconductor industry. Axcelis is dedicated to the design and manufacture of high current, medium current and high energy ion implantation equipment; 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. systems; and photostabilization and photoresist stripping equipment. Axcelis Technologies has manufacturing facilities in Beverly and Rockville, Maryland, as well as in Toyo, Japan through its joint venture Sumitomo Eaton Nova. The Company's Internet address is http://www.axcelis.com. Statements in this press release regarding the timing of the completion of installation of tools covered by the purchase order and other anticipatory statements are forward-looking statements that involve risks and uncertainties. These uncertainties include, but are not limited to technological or business delays or difficulties, and other risks detailed in Axcelis' Form S-1 Registration Statement on file with the Securities and Exchange Commission and in subsequent filings by Axcelis with the Commission. |
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