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AUSTIN SEMICONDUCTOR INC. ANNOUNCES FINAL AGREEMENT TO ACQUIRE MICRON MILITARY BUSINESS

 AUSTIN, Texas, June 1 /PRNewswire/ -- Austin Semiconductor Inc. (ASTI) and Micron Semiconductor Inc. have signed the final agreement in which ASTI has acquired the Micron Military Products Group, ASTI said today. Micron Semiconductor Inc., a leading manufacturer of SRAM and DRAM memory products, has agreed to provide Austin Semiconductor with a continuing supply of military and space level chips in support of industry requirements. The terms of the agreement provide for a close working relationship between the two companies. ASTI will be the only assembly and test supplier using the Micron proprietary processes for Hi Rel products. All equipment, software, and processes used by Micron for the military products line will be relocated to Austin Semiconductor's facility in Austin.
 According to Roger C. Minard, president of Austin Semiconductor Inc., the company plans to aggressively market Micron memory devices domestically and continue expanding into international markets. Under the terms of the agreement, Austin Semiconductor will continue to use the existing Micron Manufacturers Representative network for customer interface and sales support. For additional information, contact Barbara Ross, manager of Administration at Austin Semiconductor.
 Austin Semiconductor's reputation for quality and their 100-percent focus as a military electronic components supplier will offer a high level of customer support and service in the supply of Micron devices to this specialized market.
 Austin Semiconductor is the only custom assembly and test house in the country, not currently listing SMD devices, that has been audited and validated for capability to supply MIL-STD-883, para 1.2.1 compliant products. ASTI is also customer approved for Class B and Class S level equivalent products. In addition, ASTI has been approved as a supplier for the Space Station and is in the process of obtaining ISO 9000 approval.
 -0- 6/1/93
 /CONTACT: Barbara Ross of Austin Semiconductor, 512-339-1188/
 (MU)


CO: Austin Semiconductor Inc.; Micron Semiconductor Inc. ST: Texas, Idaho IN: CPR SU: TNM

LM -- SE011 -- 4124 06/01/93 16:47 EDT
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Publication:PR Newswire
Date:Jun 1, 1993
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