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GGNS Genus (MM)

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Share Name Share Symbol Market Type
Genus (MM) NASDAQ:GGNS NASDAQ Common Stock
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Genus Secures Follow-on Orders from FLASH and DRAM Manufacturer for Multiple LYNX3 300 mm CVD Systems

11/03/2005 7:30am

PR Newswire (US)


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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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