Excel Technology subsidiary Quantronix delivers latest photomask repair system.HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Nov. 12, 1996--Excel Technology 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 :XLTC) announced today that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. Quantronix Inc. has shipped its newest DRS DRS Drives (street suffix) DRS Dispute Resolution Service DRS Doctorandus DRS Department of Rehabilitative Services DRS Direct Registration System (securities) DRS Department of Rehabilitation Services (Defect Repair System) to repair defects in photomasks which are critical in the manufacture of computer chips. The system, called the DRSII 850, has been shipped to an industry leader and is currently being installed. The 850 is designed to allow chip production using binary masks at the .35/.25 micron micron: see micrometer. One micrometer, which is one millionth of a meter or approximately 1/25,000 of an inch. The tiny elements that make up a transistor on a chip are measured in micrometers and nanometers. See process technology. level. Excel 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. , J. Donald Hill commented, "Quantronix has the largest installed base of such systems in the world and while the delivery of the first 850 is more than a year behind schedule, we believe the market opportunity remains intact. "As the demand for increased semiconductor power and performance continues, the geometry geometry [Gr.,=earth measuring], branch of mathematics concerned with the properties of and relationships between points, lines, planes, and figures and with generalizations of these concepts. of computer chips will shrink even further requiring .18 micron specifications in a few years. Moreover, phase shift masks are beginning to emerge which calls for a repair system to fix defects on phase shift materials, as well as small geometry binary masks. "Quantronix plans to be able to add phase shift capabilities to the 850 in the field when development of this aspect is complete. This combination tool is to be called the DRSIII." Hill concluded, "The company has firm orders for two additional 850's totaling over $2 million. Quantronix hopes to maintain its dominance in this technically demanding field." Excel and its wholly owned subsidiaries develop, manufacture and market laser systems and electro-optical components for electronic, semiconductor, other industrial, scientific and dental applications. CONTACT: Excel Technology Inc. J. Donald Hill, 212/355-3400 |
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