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ATMI Atmi Inc. (MM)

33.98
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Atmi Inc. (MM) NASDAQ:ATMI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 33.98 0 01:00:00

ATMI's Treatment Systems Partners With Metron

24/05/2004 1:00pm

PR Newswire (US)


Atmi Inc. (MM) (NASDAQ:ATMI)
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ATMI's Treatment Systems Partners With Metron Expanding European Semiconductor Customer Sales, Service, and Support DANBURY, Conn., May 24 /PRNewswire-FirstCall/ -- ATMI, Inc. , a supplier of materials and materials packaging to the world's leading semiconductor manufacturers, today announced that ATMI Treatment Systems, its environmental abatement equipment business, has signed an exclusive agreement with Metron Technology N.V. , a global outsource solutions company, to handle product sales, service, and support throughout Europe. Tod Higinbotham, ATMI Vice-President of Sales and Marketing, said, "Metron will do a great job covering abatement systems customers in Europe. They are supplying additional selling and marketing resources -- above and beyond ATMI's contributions -- required for continued market strength." Steve Tsu, General Manager of the ATMI Treatment Systems business said, "One-fifth of the world's semiconductors are manufactured in Europe. By leveraging the expertise and experience Metron has in supporting sales and service with our customer base, ATMI Treatment Systems is able to focus on expanding our technology-leading abatement systems product lines and market position." Dennis Riccio, President and Chief Operating Officer of Metron, commented, "Handling ATMI Treatment Systems' customer relationships in Europe leverages Metron's core strengths as a global outsourcing sales, service, and support partner. Metron has long been an outsource sales and service partner of ATMI in Southeast Asia. Our fab-focused sales and support groups extend ATMI Treatment Systems' reach further into Europe-based semiconductor customers." In October 2003, ATMI announced its objective to exit its non-core businesses, including ATMI Treatment Systems, by outright sale or joint venture and expects this to take place by the end of 2004. ATMI will be reallocating those resources to its core materials and materials packaging businesses. ATMI Treatment Systems offers a complete range of proven technology solutions for all process types and modules for a complete fab-wide solution. As well as the existing Vector(R) (wet), Novapure(R) (dry), Guardian(R) (thermal), and CDO(R) integrated technology systems, ATMI Treatment Systems is introducing the Marathon(TM) 8500. The new Marathon(TM) combination abatement tool will offer unrivalled gas destruction efficiency in ultra-high volume applications, including epitaxial, low-k, and perfluorinated compounds (PFC) process exhaust abatement. ATMI provides specialty materials and materials packaging to the worldwide semiconductor industry. As the Source of Semiconductor Process Efficiency, ATMI helps customers improve wafer yields and lower operating costs. For more information, please visit atmi.com. Statements contained herein that relate to ATMI's future performance, including, without limitation, statements with respect to ATMI's anticipated results of operations or level of business for 2004 or any other future period, are forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on current expectations only and are subject to certain risks, uncertainties, and assumptions, including, but not limited to: changes in semiconductor industry growth or ATMI's markets; competition, problems, or delays developing and commercializing new products; problems or delays in integrating acquired operations and businesses into ATMI; problems or delays associated with any restructuring activity, or implementing any strategy, including resolution of the various discontinued elements of ATMI's Technologies segment; and other factors discussed in ATMI's filings with the Securities and Exchange Commission. Such risks and uncertainties could cause actual results to differ from those projected. ATMI undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise. DATASOURCE: ATMI, Inc. CONTACT: Dean Hamilton of ATMI, +1-203-207-9349 Direct, +1-203-794-1100 x4202, or Web site: http://www.atmi.com/

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