Mykrolis Corporation Acquires Bentec Scientific, LLC
13 August 2004 - 10:00PM
PR Newswire (US)
Mykrolis Corporation Acquires Bentec Scientific, LLC Mykrolis
Expands Its Line of Consumable Products for CMP Applications With
Innovative PVA Brush Roller Solutions BILLERICA, Mass., Aug. 13
/PRNewswire-FirstCall/ -- Mykrolis Corporation (NYSE:MYK), a
leading supplier of components and subsystems to the semiconductor
industry, announced today it acquired the business and assets of
Bentec Scientific, LLC, a California-based, privately held
manufacturer of polyvinyl alcohol (PVA) based components used in
semiconductor manufacturing. Mykrolis was previously an exclusive
worldwide distributor of Bentec's products, which are currently
sold by Mykrolis under the Planarcore(TM) brand name. "This
acquisition expands our consumable product line and our exposure to
one of the more rapidly growing segments of our market," said C.
William Zadel, chairman and chief executive officer. "As Bentec's
exclusive distributor we have had excellent market acceptance for
this innovative product, especially among our customers in Asia and
Japan. As such, we believe this acquisition is a key addition to
our technology portfolio and will allow us to leverage our
infrastructure in this area," Zadel said. The Planarcore(TM)
products are used in post-CMP (chemical mechanical planarization)
and substrate cleaning, which are critical parts of the
manufacturing process for advanced semiconductors and
microelectronics. Featuring a unique molded in place PVA
construction on a disposable core that delivers process and product
stability, the Planarcore raises the performance standard for
post-CMP cleaning. Planarcore(TM) has been shown to reduce tool
downtime and decrease defect rates on the wafer, establishing a
highly beneficial cost of ownership for the customer. Briant
Benson, president of Bentec Scientific, commented, "I anticipate an
excellent relationship with Mykrolis and am confident that together
we can continue to deliver process solutions for CMP applications
that improve the yields of our customers." Mykrolis is a leading
supplier of CMP consumable filtration products, which are marketed
under its Planargard(R), Planarcap(TM), Solaris(R), and
Processgard(R) brands. These products are used to filter
defect-causing particles from slurries in the CMP process, an
increasingly favored means of planarizing the metal and dielectric
layers of semiconductors with line widths of 0.18 (mu)m or less.
The use of CMP is expected to grow dramatically as linewidths are
reduced, the number of wiring layers increase, and the use of
copper continues to expand. About Mykrolis Mykrolis Corporation,
which reported sales of $186 million in fiscal 2003, is a worldwide
developer, manufacturer and supplier of liquid and gas delivery
systems, components and consumables used to precisely measure,
deliver, control and purify the process liquids, gases and
chemicals in the semiconductor manufacturing process. In addition,
the Company's products are used to manufacture a range of other
products, such as flat panel displays, high purity chemicals,
photoresists, solar cells, gas lasers, optical disks and fiber
optic cables. Mykrolis is based in Billerica, Massachusetts. For
more information, visit http://www.mykrolis.com/. Mykrolis Forward
looking Statement Disclaimer The matters discussed herein, as well
as in future oral and written statements by management of Mykrolis
Corporation that are forward-looking statements, are based on
current management expectations that involve substantial risks and
uncertainties which could cause actual results to differ materially
from the results expressed in, or implied by, these forward-looking
statements. When used herein or in such statements, the words
"anticipate", "believe", "estimate", "expect", "hope", "may",
"will", "should" or the negative thereof and similar expressions as
they relate to Mykrolis, its business or its management are
intended to identify such forward-looking statements. Potential
risks and uncertainties that could affect Mykrolis's future
operating results include, without limitation, the risk that a
sustained industry recovery may be weaker than past recoveries, our
inability to meet increasing demands for our products from our key
customers; increased competition in our industry resulting in
downward pressure on prices and reduced margins, as well as those
risks described under the headings "Risks Relating to our Business
and Industry", "Risks Related to the Securities Markets and
Ownership of Our Securities," and "Risks Related to our Separation
from Millipore" in Item 7, Management's Discussion and Analysis of
Financial Condition and Results of Operations of our Annual Report
on Form 10-K for the fiscal year ended December 31, 2003. Contacts:
Steve Cantor, Director of Investor Relations and Corporate
Communications Tel#: 978-436-6500 Email: Planarcore and Planarcap
are trademarks of Mykrolis Corporation. Planargard, Processgard,
Solaris and Mykrolis are registered trademark of Mykrolis
Corporation. DATASOURCE: Mykrolis Corporation CONTACT: Steve
Cantor, Director of Investor Relations and Corporate Communications
of Mykrolis Corporation, +1-978-436-6500, Web site:
http://www.mykrolis.com/
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