Trikon Technologies Announces Record Second Quarter 2000

Newport, Wales, UK. Trikon Technologies, Inc. (Nasdaq: TRKN) today reported results for its second quarter ended June 30, 2000. Revenues for the quarter were $26.0 million, including license revenue of $350,000. Product revenues increased by 38 percent from $18.6 million for the first quarter of 2000 and by 137 percent from $10.8 million for the second quarter of 1999.

Net income of $3.7 million (or $0.33 per share) was recorded for the second quarter of 2000, up 93 percent from net income of $1.9 million (or $0.15 per share) for the first quarter of 2000 and compares to net income for the second quarter 1999 of $1.9 million (or $0.15 per share). Net income for the second quarter of 2000 is stated after a non-recurring charge and exchange gains amounting to a net $800,000 charge to earnings (or $0.08 per share). The per-share amounts are stated on a fully diluted basis.

Product gross margin for the second quarter of 2000 fell to 45 percent of revenues compared to the 47 percent of the prior quarter as a result of a strategic product sale at reduced gross margin. Net margin was 14.1 percent of revenues (17.2 percent excluding the non-recurring charge and exchange gains) in the second quarter of 2000, up from the net margin of 10.2 percent in the first quarter of 2000.

Record product bookings in the second quarter generated a book-to-bill ratio greater than 1.7. Backlog further increased to new record levels.

Nigel Wheeler, president and chief executive officer said: "Trikon is reporting record product revenues in the eighth quarter of sequentially increasing sales and is experiencing record order levels driven by both capacity expansion and new technology buys. Trikon is experiencing improved business in all technologies and geographic areas. During the quarter, Trikon shipped everything from PVD tools to a top-10 DRAM manufacturer to an advanced etching tool for an opto application. Geographically, Europe remained the largest market with 55 percent of revenues, with North American sales at 24 percent and Asian sales increasing to 21 percent. Technologically, PVD sales still made up the majority of revenues with 59 percent, plasma etch sales with 21 percent and CVD with 20 percent."

Mr. Wheeler concluded, "We continue to see strong interest in our low-k products, Low-K Flowfill(TM) and Omega(R)M0RI(TM) helicon plasma etcher, and we are working with customers on copper damascene integration as well as aluminium gap fill with these products. At Semicon West we introduced a new ionised PVD module for barrier deposition with what we believe to be unique features and benefits over existing ionised PVD solutions and at considerably lower cost than alternative CVD techniques. Trikon s 300mm developments are also well positioned to meet customer s timescales with advanced tools in build. These are of comparable size to our existing 200mm designs with the capability of processing both 200mm and 300mm wafers faster and at a lower cost of ownership than our existing 200mm designs."

There is a financial community conference call at 10:30 am eastern daylight time today Wednesday, with a play-back service available immediately afterwards for 7 days. To access the replay from within the US call: (800) 625 5288, to access from outside the US call: +1 (303) 804 1855. The access code is 775302.

About Trikon Technologies

Trikon www.trikon.com is positioned at two technology frontiers in the equipment industry based on solid production experience earned over 30 years. Trikon offers enabling production equipment for the manufacture of Gigahertz silicon and broadband wireless and optoelectronics communications devices.

Trikon s patented, `patent applied for and proprietary technologies are delivered on equipment platforms used worldwide for volume production. Trikon operates and manufacturers at a world class 115,000sq.ft. facility featuring ISO9000 (quality) and ISO1401 (environmental) registration.

Trikon has patents and patents pending on Flowfill(R) and Low K Flowfill(TM) and related processes and continues to develop low-k chemistries and processes for advanced applications. Trikon provides a broad line of advanced manufacturing systems used for three of the major processing steps in the manufacture of a semiconductor device: chemical vapor deposition (CVD), physical vapor deposition (PVD) and plasma etch. Products include: Low K Flowfill(TM) for advanced low-k insulator deposition, Sigma(R) fxP for advanced metal deposition including barrier layers and M0RI(TM) high-density plasma etchers.

"Safe Harbor" Statement Under the Private Securities Litigation Act of 1995: This news release contains certain forward-looking statements, including, but not limited to, statements relating to the continued strength in demand for semiconductor production equipment and the status of Trikon s products and their acceptance in the marketplace. These forward-looking statements are subject to various risks and uncertainties that could cause results to differ materially, including, but not limited to, (1) that the semiconductor industry will experience conditions, such as changes in demand for various types of semiconductors, that will affect the demand for semiconductor production equipment and Trikon s products, and (2) that Trikon will not adequately respond to technological developments impacting the semiconductor industry. These factors are not intended to represent a complete list of all risks and uncertainties inherent in the Company s business, and should be read in conjunction with the more detailed cautionary statements included in the company s SEC reports, including, without limitation, its annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K.

Contact: Trikon contact: Carl Brancher Tel: +44 (0) 1633 414111 carl.brancher@trikon.com or Investor Relations: Alexander Fudukidis Tel: 212 309 1417 afudukidis@golinharris.com