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ADEX Ade

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Ade NASDAQ:ADEX NASDAQ Common Stock
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ADE Receives Multi-Tool Order From Major Asian Silicon Wafer Supplier; Inline Wafer Metrology Systems to Support Ongoing 300mm C

09/02/2006 4:45pm

Business Wire


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ADE Corporation (NASDAQ: ADEX) announced today that it has received a multi-million dollar order for several advanced 300mm wafer metrology tools from a leading Asian silicon wafer manufacturer. Deliveries of ADE's inline nanotopography and wafer flatness and geometry measurement systems are expected to be completed in the first half of calendar 2006 to support this customer's ongoing 300mm silicon wafer capacity expansion plans. "We are pleased to announce this follow-on order and look forward to continuing our partnership with this long standing customer", said Dr. Chris L. Koliopoulos, ADE's president and chief executive officer. "This multi-system order highlights ADE's market leadership position in providing a breadth of advanced inline metrology solutions that is critical in achieving the yield initiatives of the semiconductor industry" continued Dr Koliopoulos. "Continuing expansion of 300mm wafer capacity, coupled with tighter performance specifications required for shrinking design rules, are key factors supporting our revenue growth strategy." Gartner Dataquest estimates that 300mm wafer demand will grow by 28.7% annually from 2006 to 2008. Fueling this growth in needed wafer capacity, nineteen new semiconductor device fabs are planned to start or ramp production on 300mm wafers over the next three years. In response, all major wafer suppliers continue to invest in additional 300mm production capacity. Wafer suppliers and device manufacturers worldwide rely on ADE inspection and measurement systems to certify and ensure the highest quality bare silicon substrates. ADE's most recent generation of products serve both 65nm inline manufacturing applications and 45nm process development. Device yields begin with the bare wafer and ADE's leading technology provides early insight to surface defect, shape, flatness and nanotopography of advanced 300mm substrates. About ADE Corporation ADE Corporation is a leading supplier of metrology and inspection systems for the semiconductor wafer, semiconductor device, magnetic data storage and optics manufacturing industries. The Company's systems analyze and report product quality at critical manufacturing steps for yield enhancement, providing quality certification data that is relied upon by semiconductor wafer, device and computer disk manufacturers. The Company's systems also are used for production measurements in the semiconductor chip fabrication process. To learn more about ADE, visit the Company's Web site at www.ade.com. Safe Harbor This news release contains certain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Those statements that make reference to the Company's expectations, predictions, beliefs, assumptions and anticipations should be considered forward-looking statements. These statements include, but are not limited to, those associated with the shipment of product to the aforementioned silicon wafer supplier, the effect of ADE products on customer product quality and production rates, and expected 300mm silicon wafer demand. These statements involve risks and uncertainties including those associated with wafer pricing and wafer demand; the results of ADE's product development efforts; and the success of it's product offerings to meet customer needs within the timeframes required by customers in these markets. Further information on potential factors that could affect ADE Corporation's business is described in the Company's reports on file with the Securities and Exchange Commission, including its Form 10-K for the fiscal year ended April 30, 2005.

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