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Aspect Systems Acquires Matrix System One and System Ten Legacy Product Lines
From Axcelis Technologies, Inc.
CHANDLER, Ariz., Nov. 12 /PRNewswire-FirstCall/ -- Aspect Systems, Inc., , a
wholly owned subsidiary of DND Technologies, Inc., today announced that it has
completed the acquisition of certain dry-processing technology licenses from
Axcelis Technologies, Inc., . Under terms of the agreement, Axcelis grants
Aspect Systems (ASI) exclusive rights to all future manufacturing, sales,
service and spare-parts support for all Matrix legacy product models marketed
under the trade names "System One" and "System Ten." Although terms of the
agreement were not disclosed, ASI reports that all sales, service and parts
support will fully transfer to ASI as of December 1, 2003.
"The synergistic addition of these legacy Matrix dry processing products to our
well established and accepted plasma etch line, expands the breadth and depth of
the technology and support solutions we are able to offer both current and
future customers," stated Dennis Key, newly appointed president of Aspect
Systems.
Key added that for the past thirteen years, ASI has been focused on its core
plasma etch technology, and has distinguished itself as a premier supplier of
related after market products. Since 1990, the company has been innovating,
remanufacturing, and selling Lam Research AutoEtch(TM) systems, while providing
parts and associated services in support of this popular product line. Earlier
this year (Jan. 2, Business Wire), ASI announced the acquisition of licenses
from Lam, to assume full responsibility for all aspects of global support for
the entire installed base of both the Lam AutoEtch and Drytek(TM) products,
including the parts and service support thereof. This license also allows ASI
to manufacture and sell any new systems that might be required.
Axcelis acquired the "System One" and "System Ten" products earlier this year,
through its purchase of Matrix Integrated Systems, Inc., a dry strip equipment
supplier located in Richmond, Calif., (Jul. 7, Business Wire). The acquisition
expanded, strengthened and diversified Axcelis' advanced equipment portfolio,
which is aimed at the rapidly emerging 300 mm market, and the most advanced
technical challenges.
"We are pleased by Axcelis' decision to outplace the legacy portion of that
acquisition to ASI," said Key. "Working closely together, we are now
orchestrating the timely transfer from Richmond to Chandler so that our global
customers experience a seamless transition."
The installed base for the Matrix System One and System Ten products exceeds 800
systems worldwide, and will be supported by ASI sales and service centers, which
are located in the U.S., Munich, Israel, Singapore, Taiwan, Korea, and soon,
Japan.
Safe Harbor: Comments about the company's future expectations, and all other
statements in this release, other than historical facts, are "forward- looking
statements" within the meaning of section 27A of the Securities Act of 1933,
section 21E of the Securities Act of 1934, as that term is defined in the
Private Securities Reform Act of 1995. It is important to note that actual
results and ultimate corporate actions could differ materially. Such
"forward-looking statements" are subject to risks and uncertainties set forth
from time to time in the Company's SEC reports.
About Aspect Systems: Aspects Systems is a well-established equipment and
engineering services company, offering a broad suite of services to the
semiconductor industry. ASI has recently directed its attention to the growing
market for equipment that has been proven to serve the needs of discrete
manufacturers who are building 0.5 micron and higher devices on 100 mm to 200 mm
wafers, and as such do not require the more advanced, and capital intensive,
equipment to achieve their goals. To further address the needs of the growing,
high-volume, lower cost manufacturing market, ASI plans to add other relevant
products and services to its portfolio as they become available.
NOTE: AutoEtch(TM) and Drytek(TM) are trademarks of Lam Research Corporation
DATASOURCE: Aspect Systems, Inc.
CONTACT: Dennis Key, President of Aspect Systems, Inc., +1-480-558-4438,
or