Comdisco To Provide $56 Million Equipment Management Program for Micronas Intermetall's Semiconductor Facility in Freiburg, Germany.ROSEMONT, Ill.--(BUSINESS WIRE)--May 7, 1998--Comdisco, Inc. (NYSE NYSE See: New York Stock Exchange :CDO (Collaborative Data Objects) A programming interface from Microsoft for accessing MAPI-based e-mail, calendaring and scheduling servers. Originally called "OLE Messaging" and "Active Messaging," CDO wraps the Enhanced MAPI library into a COM object that provides the ), a technology services company, announced that it will provide Micronas Semiconductor Holding AG, a Swiss stock exchange listed company listed company n → compañía cotizable listed company n → société cotée en Bourse listed company list n → , with a global equipment management program valued at $56 million (Deutsch Mark 101 million) for their German subsidiary, Micronas Intermetall GmbH.. Comdisco, through its electronics division, will supply Micronas Intermetall with various semiconductor manufacturing and test equipment and asset management services to needed to convert Micronas Intermetall's Freiburg, Germany plant for a major upgrade in capability. The upgrade will provide Micronas Intermetall with ability to achieve greater throughput and produce a wider range of different product applications. About 60 percent of the equipment is already installed in the facility, with the remaining 40 percent to be phased in over the next six months. "Because of the pace of change in the electronics industry, semiconductor manufacturers such as Micronas Intermetall must constantly keep abreast Verb 1. keep abreast - keep informed; "He kept up on his country's foreign policies" keep up, follow trace, follow - follow, discover, or ascertain the course of development of something; "We must follow closely the economic development is Cuba" ; "trace the of change to remain competitive," said Michael Herman, president of Comdisco's electronics group. "An equipment management program allows them to effectively reduce the cost of the use of the equipment, while retaining the flexibility to acquire the equipment they need now and for the future." Herman said that equipment management involves assessing an organization's current technology and its use, determining its value and anticipated life. It also takes into account the impact of market demands, technological advancements, and pricing fluctuations. "As our customers demand more and more technical applications in their products, we must be able to expand and develop our technology to keep pace," said Juerg Stahl, president of Micronas Semiconductor Holding AG.. "Comdisco combined knowledge of the German market with specific experience and know-how in the semiconductor industry. The result was a custom-tailored solution for our needs." The Micronas Intermetall plant is currently equipped with technology to produce 5-inch wafers at .8 micron. With the new equipment, the plant will be capable of producing 6-inch wafers at .5 micron. The facility makes mixed signal analog chips for consumer products, primarily for telecommunications and automotive uses. "Developing a successful solution for Micronas Intermetall required the expertise and resources of several Comdisco divisions working in tandem Adv. 1. in tandem - one behind the other; "ride tandem on a bicycle built for two"; "riding horses down the path in tandem" tandem ," said Thomas Flohr, president of Comdisco/Europe. "As our relationship with Micronas Intermetall grows, we will continue to call on the global resources of Comdisco to help them as their needs change." About Micronas Micronas is a leading independent European supplier of 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. , micro sensors, SAW filers and system solutions. This manufacturer combines design and fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. knowledge for sophisticated applications in telecommunications, consumer and automotive markets. In the 1997 business year, Micronas Group reported consolidated net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of CHF CHF In currencies, this is the abbreviation for the Swiss Franc. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 123.1 million (US$ 80 million). For 1996, net sales were CHF 62.1 million (US$40.4 million). About Comdisco Comdisco, Inc., a technology services company, is one of the world's leading providers of solutions that help organizations reduce technology cost and risk. These services include asset management, business continuity, and equipment leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits
CONTACT: Comdisco, Inc. Mary Moster, 847/518-5147 mcmoster@comdisco.com Steve Grundon, 619/554-0246 srgrundo@comdisco.com |
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