SILICON GENESIS CORPORATION

SILICON GENESIS CORPORATION

October 03, 2005 10:00 ET

SiGen Announces NanoTec License to Shin-Etsu Chemical of Tokyo Japan

SAN JOSE, Calif.--(CCNMatthews - Oct 3, 2005) -

Silicon Genesis Corporation (SiGen) announced today that it has entered into a broad intellectual property license agreement with Shin-Etsu Chemical Co., Ltd. of Tokyo Japan (Shin-Etsu). Under this agreement, Shin-Etsu will have rights to SiGen's NanoTec™ suite of technologies and includes the purchase of SiGen proprietary equipment.

Shin-Etsu will use the process know-how to develop and manufacture layer transfer substrates for opto-electronic applications.

Francois J. Henley, President and CEO of Silicon Genesis, said, "We are very excited about this license to Shin-Etsu. As a global materials and chemical company, we expect Shin-Etsu to adapt and utilize the layer-transfer processes SiGen has developed to make a new generation of advanced materials for the opto-electronic industry that promise compelling cost, quality, and performance improvements for the HDTV, computer and handheld consumer appliance markets. We look forward to working with Shin-Etsu to integrate our technologies to realize these products and benefits."

Mr. Yasuhiko Saitoh, Senior Managing Director of Shin-Etsu, said, "We look forward to utilizing SiGen's technologies in our opto-electronic processes. With the NanoTec™ technology, we hope to provide substrates in a cost effective high volume manufacturing operation to produce high performance opto-electronic devices.

About Silicon Genesis

Founded in 1997, Silicon Genesis Corporation (SiGen) is a leading provider of Silicon-On-Insulator (SOI) process technology targeted for use in the production of engineered wafers that enable NanoTechnology applications with next generation products. Headquartered in San Jose, California (Silicon Valley), the Company's proprietary NanoCleave™(Layer-transfer), NanoBond™ (Plasma-activated bonding), and NanoSmooth™(Epi Smoothing/Epi Thickening) process steps have allowed SiGen to become a leading provider of innovative substrates through its process licensing. SiGen promotes its layer-transfer and engineered wafer technologies by continued development of its advanced process and equipment technologies as well as through strategic alliances. For more information on Silicon Genesis, visit http://www.sigen.com.

About Shin-Etsu

Founded in 1926, Shin-Etsu Chemical Co., Ltd. is a leading provider of chemicals and materials, including Polyvinyl chloride (PVC), Silicones, Cellulose derivatives, Semiconductor silicon wafers, Synthetic quartz, and Rare earth magnets. The president and CEO is Chihiro Kanagawa. The company headquarters are located at 6-1 Ohtemachi, 2-chome, Chiyoda-ku, Tokyo 100-0004, Japan. Consolidated sales ending March 31, 2005 were 967,486 millions of Yen (approx. USD 9.0 Billion) with Capital of 117,513 millions of Yen (approx. USD 1.1 Billion). For more information about Shin-Etsu Chemical visit http://www.shinetsu.co.jp.

Contact Information

  • Silicon Genesis Corporation
    Ted Fong, 510-396-7442
    (Editorial/Media and Financial Community)