Lam Research Corporation Awarded Top Honor Under NEC's 1998 Outstanding Equipment Supplier Award Program.FREMONT, Calif.--(BUSINESS WIRE)--Nov. 9, 1999-- For the second consecutive year, NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. has ranked Lam as the number one supplier under its supplier award program. In addition, NEC selected Lam's 4520XLE XLE Xerox Linguistic Environment XLE Extra Limited Edition (TM) dielectric etch system as "Best New Equipment." Lam Research Lam Research Corporation (NASDAQ: LRCX) engages in the design, manufacture, marketing, and service of semiconductor processing equipment used in the fabrication of integrated circuits. Corporation (Nasdaq: LRCX) today announced that NEC Electronics, Inc., of Roseville, Calif., has selected Lam as the number one supplier under its 1998 fiscal year Outstanding Equipment Supplier Award program for the second consecutive year. NEC has also selected Lam's 4520XLE dielectric etch system for "Best New Equipment" under the same award program. To select top suppliers, NEC ranked 35 fab equipment suppliers based on equipment performance, process quality and stability, engineering activities, service performance and value, spares price, service and quality, and customer communication. A team selected from NEC's Equipment Engineering, Process Engineering, Line Maintenance, Purchasing, and Spares Departments performed the supplier ratings in each area. NEC selected the 4520XLE as Best New Equipment for its 1998 Fiscal Year program for providing excellent production performance at low cost. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Peter McGrath, NEC's Staff Process Engineer, "We needed a cost-effective strategy for upgrading our technology to 0.18 micron processing and below. We've been running up to 8:1 aspect ratio in production and are very pleased with the results. We are also very encouraged by the mean time between cleans (over 12,000 RF minutes without dry clean) and low cost of consumables. Support from Lam's technical staff was excellent with our first installation kit, taking just five working days. We have gained both the technology and cost benefits we desired." Lam Research Corporation is a leading supplier of front-end wafer processing equipment and services to the worldwide semiconductor manufacturing industry. The company's common stock trades on the Nasdaq National Market under the symbol LRCX. Lam's World Wide Web address is http://www.lamrc.com. "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 Under the Private Securities 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. Act of 1995: This press release contains certain forward-looking statements which are subject to the Safe Harbor provisions created by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements relate to anticipated performance, acceptance, capabilities, applications, and competitiveness of the company's products and market transition to new processes. Such statements are based on current expectations and are subject to risks, uncertainties, and changes in condition, such as may arise from introduction of such products into production and their ability to perform consistent with current expectations and other risks detailed in documents filed with the Securities and Exchange Commission, including specifically the 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 year ended June 30, 1999, and the Form 10-Q Form 10-Q See 10-Q. for the quarter ended March 31, 1999. The company undertakes no obligation to update the information in this Press Release. |
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