SOURCE: Varian Semiconductor

April 25, 2007 09:35 ET

Major Japanese Logic Chipmaker Chooses Varian Semiconductor's High Current Ion Implanter

GLOUCESTER, MA -- (MARKET WIRE) -- April 25, 2007 -- Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA) today announced that its VIISta® HCP high current tool has been selected and purchased by a major Japanese chipmaker for advanced logic IC development at its R&D facility. This manufacturer, a previous user of batch tools, selected Varian Semiconductor after successfully evaluating the single-wafer VIISta HCP high current tool.

"Selection by this major Japanese logic chipmaker continues to validate that our high current tool is the tool of choice for major IC manufacturers looking to lower their costs, improve their productivity and drive higher yields," said Gary Dickerson, Chief Executive Officer of Varian Semiconductor. "It is also strong evidence of the progress we are making in meeting the stringent manufacturing requirements of Japanese chipmakers as they turn to our production-proven single wafer platform for better particle performance and superior angle control. Our single-wafer, dual-magnet ribbon beam architecture continues to demonstrate superior performance versus conventional single-magnet, spot beam tools."

The VIISta platform is the only complete production-proven suite of single wafer solutions for all medium current, high current and high energy applications. All of the VIISta products feature the Varian Control System (VCS™), the Varian Positioning System (VPS™) and a common single wafer endstation. This high degree of commonality across the VIISta platform provides flexibility in managing capacity, product mix changes, spare parts and training.

About Varian Semiconductor

Varian Semiconductor Equipment Associates is the leading supplier of ion implant equipment to semiconductor manufacturers, enabling them to pack more, higher performing transistors into computer chips that are revolutionizing the electronics industry. Varian Semiconductor's products are used by chip manufacturers worldwide to produce high-performance semiconductor devices. Customers have made Varian Semiconductor the market leader in ion implant because of its architecturally superior products that lower their costs and improve their productivity. The Company has ranked #1 in the VLSI Research Customer Satisfaction Survey nine times over the last 10 years. Varian Semiconductor operates globally and is headquartered in Gloucester, Massachusetts. More information can be found on Varian Semiconductor's web site at www.vsea.com.

Note: This release contains forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. For this purpose, the statements concerning the Company's performance, market share and technology leadership, technological capabilities and benefits, growth and sale and delivery of products are forward-looking statements and any statements using the terms "believes," "anticipates," "expects," "plans," or similar expressions are forward-looking statements. There are a number of important risks and factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements. These include, among others, volatility in the semiconductor equipment industry; economic conditions in general and as they affect the Company's customers; significant fluctuations in the Company's quarterly operating results; the impact of rapid technological change; the Company's dependence on the development and introduction of new products; the Company's concentration on ion implantation systems and related products; concentration in the Company's customer base and lengthy sales cycles; the highly competitive market in which the Company competes; the risks associated with international sales; foreign currency risks; and general economic conditions; and other factors identified in the Company's Annual Report on Form 10-K, and the most recent Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. The Company cannot guarantee any future results, levels of activity, performance or achievement. The Company undertakes no obligation to update any of the forward-looking statements after the date of this press release.

Contact Information

  • Contacts:
    Bob Halliday
    Executive Vice President
    Chief Financial Officer
    978.282.7597
    or
    Mary Wright
    Director, Investor Relations
    978.282.5859