Comdisco Electronics Group Announces Multiple Alliances with Leading Semiconductor Equipment Manufacturers and Third-Party Suppliers.SAN FRANCISCO--(BUSINESS WIRE)--July 13, 1995--Today at SEMICON/West '95, Comdisco Electronics Group announced ten alliances with some of the world's leading semiconductor equipment manufacturers and third-party suppliers, illustrating an unprecedented industry commitment to deliver high-quality, reliable semiconductor equipment through the secondary market. The Comdisco Alliance Partners Program provides cost-effective alternative solutions to rising supply-and-demand concerns, helping semiconductor producers balance the need for technology with concern over rising costs. The new alliance partners announced today include ASM (1) (Association for Systems Management) An international membership organization based in Cleveland, Ohio. Founded in 1947 and disbanded in 1996, it sponsored conferences in all phases of administrative systems and management. Lithography Inc., Aspect Systems Inc., CHA Industries, Credence Systems Credence Systems Corporation (NASDAQ: CMOS), is a manufacturer of test and analytical equipment for the global semiconductor industry. Founded in 1978, it is publicly traded on the Nasdaq stock market under the symbol CMOS. Corp., LTX LTX Liver Transplant LTX Lane Training Exercise LTX Laptop Expansion (Slot) Corp., Novellus Systems Novellus Systems develops, manufactures, sells, and services semiconductor equipment used in the fabrication of integrated circuits. It is a leading supplier of chemical vapor deposition (CVD), physical vapor deposition (PVD), electrochemical deposition (ECD), chemical mechanical Inc., Plasma & Materials Technologies Inc., Tegal Corporation, Varian Associates Varian Associates was a company founded in 1948 by Russell H. and Sigurd F. Varian, William Webster Hansen, and Edward Ginzton to sell the klystron, the first tube which could generate electromagnetic waves at microwave frequencies, and other electromagnetic equipment. Inc., and VSM VSM Value Stream Mapping (manufacturing process evaluation technique) VSM Vibrating Sample Magnetometer VSM Vascular Smooth Muscle VSM Visual Studio Magazine VSM Vietnam Service Medal VSM Virtual Shared Memory VSM Viable Systems Model Corporation. "The rapid expansion of the semiconductor industry and its increasing reliance on technology mandates flexibility and precision timing as key components in maintaining a competitive advantage," commented Michael F. Herman, president of Comdisco Electronics Group. "In this environment, semiconductor producers realize that cost is just as crucial a competitive factor as technology. The Comdisco Alliance Partners Program addresses this critical concern with high-quality, cost-effective equipment backed with superior asset management services." With the world chip market anticipated to reach $200 billion by 1999, semiconductor producers are becoming increasingly reliant on the burgeoning secondary equipment market to meet growing capacity demands, contain costs, and compete more effectively. Additionally, more and more semiconductor producers are employing leasing options as part of an asset management solution for their manufacturing, test, and assembly equipment to gain maximum flexibility, keep current with evolving technology, and reduce cost of ownership. Each Comdisco alliance partnership is tailored to build on the strengths and resources of both partners, working closely with the customer. This enables Comdisco and the alliance partner to use a turnkey approach that provides customers with a "solution set," which can include purchasing existing equipment, accepting product trade-ins, supplying new and reconditioned re·con·di·tion tr.v. re·con·di·tioned, re·con·di·tion·ing, re·con·di·tions To restore to good condition, especially by repairing, renovating, or rebuilding. equipment, upgrading existing equipment, short- or long-term lease financing, and more. Preplanned new and/or reconditioned capacity upgrades are another cost-effective asset management option customers can employ. This access to often readily available equipment can help solve capacity-management problems for many semiconductor producers, and the equipment can be designed to meet specific process needs through the participation and support of the alliance partners--typically even if the equipment is no longer manufactured. "As a result of the Comdisco Alliance Partners Program, semiconductor producers can mix new and reconditioned equipment to get the technology edge they need quickly at the best possible prices," explained Paul Edstrom, vice president of technology at Comdisco Electronics Group. "Never before in this industry have the manufacturing equipment suppliers sent such a clear message of commitment to quality in the secondary equipment market," stated Herman. "Through their support and participation as Comdisco alliance partners, these suppliers are not only paving a path for smoother product migration for their customers, but they are also wisely developing an ongoing market for their products, adding value to their brand names, and extending product lives. In the end, everybody benefits." Comdisco Electronics Group, a division of Comdisco Inc., assists companies with reducing the cost and risk of acquiring and managing their electronic manufacturing, test, and assembly equipment. Its worldwide services include equipment leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits
CONTACT: Comdisco Inc., Rosemont, Ill. Neal Lulofs, 708/518-5616 or Deborah Gordon Deborah Gordon (born 1955) is a biologist at Stanford University, profiled in the New York Times Magazine. Major research Gordon studies ant colony behavior and ecology, with a particular focus on Red harvester ants. Her views have brought her into public conflict with E. Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Amy Goetz, 312/372-0771 |
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