SOURCE: Varian Semiconductor Equipment

April 21, 2005 08:30 ET

ProMOS Selects Varian Semiconductor's VIISta High Current Ion Implanter

GLOUCESTER, MA -- (MARKET WIRE) -- April 21, 2005 -- Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA) announced today that it has won multiple orders for its single wafer VIISta HC high current ion implanter from ProMOS Technologies, Inc. ProMOS ordered the tools to support the expansion of its 300mm memory fab in Taichung, Taiwan.

ProMOS selected Varian Semiconductor due to its market leadership in single wafer high current and the production-proven capability of existing VIISta high current ion implant systems at their Hsinchu fabs. Eddie Chen, vice president, manufacturing group at ProMOS Taichung, said, "Varian Semiconductor's leading-edge VIISta HC high current ion implanter is essential to our manufacturing goals of optimizing productivity and continuous yield improvements. We are pleased to collaborate with Varian Semiconductor to support the manufacturing of 90nm and beyond process technologies at ProMOS."

"Memory manufacturers require tools with advanced capabilities that address device scaling challenges over a wide range of implant applications and to sustain high productivity," said Dr. Yong-Kil Kim, executive vice president and general manager of Asian operations for Varian Semiconductor. "Production results from chipmakers around the world confirm that single wafer VIISta HC ion implanters provide higher yields as a result of better process performance."

Varian Semiconductor is the market leader in single wafer high current systems. The VIISta HC high current ion implanter is designed to deliver the highest sub 90nm technology productivity and yields due to its unique beam steering capability and exceptional particle performance. The VIISta HC is a member of the VIISta suite of ion implanters -- the only proven single wafer platform solution for all production applications with over 300 systems installed worldwide.

About Varian Semiconductor

Varian Semiconductor Equipment Associates, Inc. is a leading producer of ion implantation equipment used in the manufacture of semiconductors. The Company is headquartered in Gloucester, Massachusetts, and operates worldwide. Varian Semiconductor maintains a web site at www.vsea.com. The information contained in the Company's web site is not incorporated by reference into this release, and the web site address is included in this release as an inactive textual reference only.

About ProMOS

ProMOS Technologies, Hsinchu, Taiwan, is a full-blown memory solution provider and is renowned in the global DRAM industry for its outstanding performance in manufacturing excellence and technology advancement. The company manufactures high-performance and high-density commodity DRAM memory chips as well as pseudo-SRAM, lower power SDRAM and MCM products. ProMOS is listed on Taiwan GreTai Securities Market. For more information, please visit www.promos.com.tw.

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 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; risks of 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.

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