Genus Secures Follow-on Orders from FLASH and DRAM Manufacturer for Multiple LYNX3 300 mm CVD Systems
March 11 2005 - 2:30AM
PR Newswire (US)
Genus Secures Follow-on Orders from FLASH and DRAM Manufacturer for
Multiple LYNX3 300 mm CVD Systems SUNNYVALE, Calif., March 11
/PRNewswire-FirstCall/ -- Genus, Inc., a leader in advanced thin
film deposition equipment used to manufacture advanced
semiconductor and data storage devices, announced today that it has
received follow-on letters of intent (LOIs) for multiple LYNX3 300
mm chemical vapor deposition (CVD) systems from a DRAM and FLASH
memory device manufacturer. This news follows an earlier
announcement today that Genus shareholders have approved the merger
with AIXTRON AG, a leading provider of equipment for compound
semiconductor epitaxy. The new LYNX3 systems will increase the
production capacity of current manufacturing and join a number of
similar LYNX3 systems already installed and in production at the
customer's DRAM and FLASH memory manufacturing facilities. The
tools are scheduled to ship by the end of Q2 this year. "These
follow-on orders for additional LYNX3 systems clearly demonstrate
Genus' leadership in providing production-proven solutions for
semiconductor device manufacturing, and support this customer's
leadership position in the FLASH and DRAM memory device segment,"
said Bill Elder, CEO of Genus, Inc. "Along with our established
line of 300 mm atomic layer deposition (ALD) systems, this multiple
LYNX3 order is the latest in a series of successful wins for
Genus." "Genus has a long and successful history with this leading
FLASH and DRAM memory manufacturer," continued Dr. Elder. "This
order further validates our success in providing the
production-proven thin film deposition technology that the industry
requires in order to meet their aggressive production goals." About
Genus Thin Film Deposition Systems The Genus LYNX3 system provides
production-proven CVD capabilities for manufacturing advanced
semiconductor devices on 300 mm wafers. Similarly, the Genus
StrataGem300 system provides production-proven ALD capabilities for
manufacturing advanced semiconductor devices on 300 mm wafers.
About Genus Genus, Inc. manufactures critical deposition processing
products for the global semiconductor industry and the data storage
industry. To enable the production of intricate micro-computer
chips and electronic storage devices, Genus offers its LYNX and
StrataGem series of production-proven equipment for 200 mm and 300
mm semiconductor production, and offers thin film deposition
products for chemical vapor deposition (CVD), atomic layer
deposition (ALD), and wafer pre-clean capabilities. Genus is at the
forefront of market and technology developments in the ALD
marketplace, which is gaining acceptance worldwide as a critical
technology for sub-0.13-micron production of computer chips and
electronic storage devices. Genus' customers include semiconductor
manufacturers located throughout the United States, Europe and the
Pacific Rim including Korea, Japan and Taiwan. Founded in 1981, the
company is headquartered in Sunnyvale, California. For additional
information visit Genus' web site at http://www.genus.com/. NOTE:
LYNX2(R), LYNX3(TM) and StrataGem(TM) are trademarks of Genus, Inc.
Prior to the merger with AIXTRON, Genus was traded on NASDAQ under
the symbol GGNS. Forward-Looking Statements This press release
contains forward-looking statements regarding the company's future
financial and business performance. These forward-looking
statements are subject to a number of risks and uncertainties.
These contingencies include but are not limited to: actual customer
orders received by the company, the extent to which ALD technology
is demanded by the marketplace, the actual number of customer
orders received by the company, availability of components from
suppliers, the timing of final acceptance of products by customers,
the financial climate, accessibility to financing and fulfillment
of closing conditions, general conditions in the thin film
equipment market and in the macro-economy, and the influence of
global political events. Genus assumes no obligation to update this
information. Additional risks and uncertainties are discussed in
the Form F-4 filed by AIXTRON AG on February 8, 2005. DATASOURCE:
Genus, Inc. CONTACT: Trine Pierik of Positio Public Relations,
Inc., +1-408-453-2400, for Genus, Inc.; or Shum Mukherjee of Genus,
Inc., +1-408-747-7140 Web site: http://www.genus.com/
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