Aspect Systems Acquires Matrix System One and System Ten Legacy Product Lines From Axcelis Technologies, Inc.
13 November 2003 - 12:01PM
PR Newswire (US)
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
Copyright