Trikon Technologies Announces Record Results and Shipments for Second Fiscal Quarter 2001

Newport, Wales, UK. Trikon Technologies, Inc. (Nasdaq NMS: TRKN), a technology leader in semiconductor processing equipment, today reported results for its second fiscal quarter ended June 30, 2001.

Revenues for the quarter were $27.7 million, an increase of 12 per cent over revenues of $24.7 million for the second quarter of 2000 and a decrease of 27 per cent from revenues of $37.6 million for the first quarter of 2001. Revenues for the six months ended June 30, 2001 were $65.3 million, an increase of 53 per cent on comparative revenues of $42.7 million for the first half of 2000. Operating income for the quarter was $5.1 million, an increase of 62 per cent over operating income of $3.1 million for the second quarter of 2000.

Operating income for the six months ended June 30, 2001 was $14.1 million, an increase of 180 per cent over operating income of $5.0 million for the first half of 2000. Net income applicable to common shares for the quarter was $3.8 million or $0.30 per share, including a tax charge of $1.2 million, or $0.10 per share. This is an increase of 26 per cent over net income for the second quarter of 2000 of $2.8 million or $0.25 per share.

Net income applicable to common shares for the six months ended June 30, 2001 was $10.5 million or $0.85 per share, including a tax charge of $3.4 million, or $0.27 per share. This is an increase of 175 per cent over the net income (before cumulative effect of SAB 101 implementation) for the first half of 2000 of $3.8 million or $0.36 per share. All per-share amounts are stated on a fully diluted basis. The financial statements are presented in accordance with the Securities and Exchange Commission Staff Accounting Bulletin 101 (SAB 101), which the company adopted in the fourth quarter of 2000. In prior year comparisons the three and six months ended June 30, 2000 have been restated to be compliant with SAB 101.

"I am pleased with Trikon s operating performance and tight operational controls at this difficult time in the semiconductor market," said Nigel Wheeler, president and chief executive officer. "The dynamics of our industry have been widely reported upon and whilst order levels remain low with a book to bill of 0.39 to 1, our orders are up 15% sequentially on Q1 and, more importantly, they indicate a broadening of our technological base into areas in which we can grow significant business in the future. Orders for the quarter included 5 plasma etch systems; two for photonics applications, one for MEMs, one for compound and a fifth for advanced etching on silicon."

"In particular we expect novel photonics applications to offer significant future potential for Trikon s advanced plasma etch systems. We are working in the areas of indium phosphide active components and passive planar devices as well as the integration of both active and passive devices to form wafer-scale integrated optical sub-systems."

"We have continued to make progress in advanced PVD applications for wireless communications," continued Nigel Wheeler. "This quarter we shipped our third system for Bulk Acoustic Wave filter production. Every mobile phone requires a filter, and Bulk Acoustic Wave technology offers the potential for integration of all of the radio components of a mobile phone, and possibly all the phone functionality onto a single chip."

Nigel Wheeler continued, "We also hold a leading technology position in ultra low k for copper dual damascene. With Orion 2.2 we have, in the opinion of those to whom we have demonstrated it to, the lowest available dielectric constant (k) inter-metal dielectric (IMD) that can be deposited by the industry s technology of choice, CVD." "We believe Trikon is the only CVD company with any sub k=3.5 production experience, through our Low K Flowfill product used in advanced logic applications. There is presently no low-k dielectric, spin-on or CVD, in volume production with damascene copper. A k value of less than 2.5 is required for geometries of 0.10 microns and below, and we have developed Orion to below k=2.0 for even more advanced devices." "We have gained patents for Flowfill(R) and Low-K Flowfill(TM), and have filed patents covering Orion(TM) and the processes to deposit it. We believe that the opportunities for Orion and Low-k Flowfill are significant and cover the full range of advanced semiconductors from next generation memory to the most advanced logic devices." Investor Conference Call and Webcast

There will be a conference call at 10:30 am New York time today, hosted by Nigel Wheeler, President & CEO. A live and subsequently recorded audio webcast of the call will be available at www.trikon.com for 7 days.

Trikon s new technology products include Planar fxP(TM) Orion(TM) An advanced ultra low-k dielectric deposition system for 200/300mm production of copper/damascene logic devices. Planar fxP(TM) Low e Flowfill(TM). An advanced low-k dielectric deposition system for both gap-fill and planarization, enabling the low-k advantage of increased device speed to be brought to aluminum metalized devices such as DRAM. Sigma(R) fxP(TM) PVD. A metalization system offering high throughput and reliability with advanced process modules for advanced barrier deposition processes including ionized PVD, high uniformity PVD and metal plug (Forcefill(R)). Omega(R) fxP(TM). A multi-chambered cluster plasma etcher, based on Trikon s field-proven fxP cluster platform, the Omega fxP combines standard Omega etch plasma sources, such as PERIE, ICP, and M0RI with a Brooks MX 800 wafer handler and Trikon s Windows NT based software. Omega 201+. Within a unique single chamber format, the Omega 201+ offers leading plasma source technologies, including Plasma Enhanced Reactive Ion Etch (PERIE), Inductively Coupled Plasma (ICP) and M0RI(TM), and combines high performance etching with low footprint and costs.

About Trikon Technologies Trikon Technologies, Inc. offers a broad range of semiconductor processing equipment for silicon, photonic and compound device production. Trikon has patents and patents pending on processes and equipment and continues to develop new low-k equipment and processes for advanced applications. Trikon s website can be visited at www.trikon.com.

"Safe Harbor" Statement Under the Private Securities Litigation Act of 1995: This news release contains certain forward-looking statements that include, without limitation, future order and sales levels and cash flow projections and anticipated use of proceeds from the Company s credit facilities. These forward-looking statements are subject to various risks and uncertainties that could cause results to differ materially, including, but not limited to, the length and severity of the current downturn in the semiconductor and photonic s industries, the company s ability to respond to commercial and technical trends, the acceptance of the company s technological solutions and the long sales cycles and implementation periods in the semiconductor and photonic s industries. 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: Carl Brancher, Trikon Technologies Tel: +44 1633 414111 carl.brancher@trikon.com US Investor Relations contact: or Jim O Donnell, Golin/Harris International Tel: +1 212 309 0649 jodonnell@golinharris.com or Press Relations: Karen Wright, Trikon Technologies Tel: +44 1633 474569 karen.wright@trikon.com