SOURCE: Varian Semiconductor

January 23, 2007 10:00 ET

Varian Semiconductor Ships 300th VIISta® Single Wafer High Current System and Its 600th VIISta Platform System

GLOUCESTER, MA -- (MARKET WIRE) -- January 23, 2007 -- Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA) today announced that it has shipped its 300th VIISta® single wafer high current (SWHC) system, while also marking the shipment of its 600th VIISta platform system. Varian Semiconductor manufactures and delivers high current, medium current and high-energy ion implanters on a common, single wafer platform.

"We offer our customers the industry's only production-proven single wafer ion implant platform featuring the highest productivity and highest yield," said Gary Dickerson, Chief Executive Officer of Varian Semiconductor. "As our customers move to smaller design rules, they are seeing an increase in the yield and device performance advantages they can achieve using our patented ribbon-beam, dual-magnet architecture. This has helped us expand the adoption of our high current systems to include the leading foundry and logic customers in addition to the leading memory companies. We just finished our third consecutive quarter of record-breaking high current shipments, and we are grateful to our customers for making us the #1 supplier in this rapidly growing market segment."

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 and growth 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.

Contact Information

  • Contacts:
    Bob Halliday
    Executive Vice President
    Chief Financial Officer
    978.282.7597

    Mary Wright
    Director, Investor Relations
    978.282.5859