Tegal Receives Follow-On Order For 901e Etchers
Leading IC Manufacturer For Wireless Communications Applications Expanding Installed Base To Meet Burgeoning Industry Demands
Petaluma, CA. Tegal Corp. (Nasdaq:TGAL) Today Announced That A Major East Coast Based Customer Has Placed A Follow-On Order For Multiple Tegal 901e Etchers. The Tools Will Be Used For Etching Gallium Arsenide (Gaas) Devices, Which Are Widely Used In Wireless Communication Products Such As Cellular Telephones. Valued At Over A Million Dollars, The Order Is Scheduled To Ship During This Fiscal Year. Gaas And Other III-V Materials Are Used To Make The Integrated Circuitry For High-Performance Telephony, Data Communications, Wireless Telecommunication Devices And Wireline Solutions For The Internet. Demand For Wireless Telecommunication Appliances And Services Are Expected To Fuel Explosive Growth In Demand For High Speed Telecommunication IC Devices. According To Cahner s In-Stat Group, This Market Is Forecast To Grow At A CAGR In Excess Of 20%.
The 901e Systems Ordered Are Specially Designed For The Challenging Wafer Handling And Processing Requirements Of Gaas Substrates. They Feature A Production-Proven Transport System That Minimizes Wafer Damage And Maximizes Product Yields. This Order Doubles The Installed Base Of 901 Etchers At This Customer Site.
"We Continue To Expand Our Strategic Position In The Rapidly Growing Wireless Telecommunications IC Market. Follow On Orders Like This Demonstrate The Industry s Ongoing Confidence In Tegal s Ability To Provide The Most Advanced Etching Equipment For Gaas Applications," Commented Michael Parodi, Chairman, President And CEO Of Tegal.
Tegal s 900 Series Etching Systems Are Widely Recognized For Their Low Cost Of Ownership And High-Throughput. More Than 1,300 Of The 900 Series Systems Have Been Installed Around The World And Are Supported By An Extensive Worldwide Parts And Service Organization.
About Tegal Corp.
Tegal Corp., Headquartered In Petaluma, Is A Leading Designer And Manufacturer Of Plasma Etch Systems Used In The Production Of Integrated Circuits (Ics), Opto-Telecom Devices And Other Related Microelectronics Devices. Etching Is A Key Process And Must Be Repeated Multiple Times In The Production Of These Devices. Tegal Markets And Services Its Systems In All Major IC-Producing Regions Of The World. More Information Is Available On The Internet At Www.Tegal.Com.
Safe Harbor Statement
Except For Historical Information, The Matters Discussed In This News Release Are Forward-Looking Statements. Such Forward-Looking Statements Are Subject To Certain Risks And Uncertainties Including, But Not Limited To Industry Conditions, Economic Conditions, Acceptance Of New Technologies, The Growth Of The Wireless Market, As Well As Other Risks Set Forth In The Company s Periodic Filings With The Securities And Exchange Commission.
Contact:
Tegal Corp.
Jim Mckibben, 707/763-5600
Jmckibben@Tegal.Com
or
The Loomis Group, Inc.
Robert Prendiville, 415/882-9494
Rob@Loomisgroup.Com
Tegal Corp.
Jim Mckibben, 707/763-5600
Jmckibben@Tegal.Com
or
The Loomis Group, Inc.
Robert Prendiville, 415/882-9494
Rob@Loomisgroup.Com
E-mail: Rob@Loomisgroup.Com
Web site: http://Www.Tegal.Com
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