Ultratech Announces the Opening of Its Singapore International Operations
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SAN JOSE, Calif., Nov. 17, 2010 -- Ultratech, Inc. (Nasdaq: UTEK), a leading supplier of lithography and laser-processing systems used to manufacture semiconductor devices and high-brightness LEDs (HB-LEDs), today announced the opening of its Singapore international headquarters. To better serve its large customer base in Asia, the Ultratech Singapore operations will include engineering and manufacturing for its lithography systems and other related products. These products include lithography steppers for advanced packaging and HB-LEDs, and modules for the laser spike anneal systems (LSA). Ultratech's international sales and service operations will also be headquartered in the Singapore facility. The company's laser processing systems will continue to be manufactured at its facility in San Jose, Calif. The grand opening event for the Singapore operations will be held on December 6, 2010 with manufacturing of lithography systems from the Singapore facility planned to begin in late 2010 with the first tool shipments to customers scheduled for the first quarter of 2011.
Ultratech Chairman and CEO Arthur W. Zafiropoulo said, "Our corporate objective has been, and continues to be, to provide our customers with leading-edge technology at the lowest cost-of-ownership for high-volume manufacturing. We are continuously looking for ways to provide our customers with even better service and more cost-effective solutions. With many of our customers located in the Pacific Rim, we are pleased to announce the opening of our Singapore international operations headquarters to further our objective. The new Singapore facility will help Ultratech achieve our commitment to meet our international customers' needs with advanced technology and state-of-the-art manufacturing solutions."
Ultratech's Singapore International Operations Headquarters is located at:
#02-01
1 Kaki Bukit View
Techview
Singapore 415941
About Ultratech
Ultratech, Inc. (Nasdaq: UTEK) designs, manufactures and markets photolithography and laser processing equipment. Founded in 1979, the company's market-leading advanced lithography products deliver high throughput and production yields at a low, overall cost of ownership for bump packaging of integrated circuits and high-brightness LEDs (HB-LEDs). A pioneer of laser processing, Ultratech developed laser spike anneal technology, which increases device yield, improves transistor performance and enables the progression of Moore's Law for 45-nm and below production of state-of-the-art consumer electronics. Visit Ultratech online at: www.ultratech.com.
(UTEK-G)
CONTACT:Bruce R. Wright,Senior Vice President & CFO,orLaura Rebouche,Vice President,Investor Relations,Corporate and Marketing Communications,lrebouche@ultratech.com,both of Ultratech, Inc.,+1-408-321-8835,Fax: +1-408-577-3379;orAgency,Angie Kellen,Senior Account Director of MCA,+1-650-968-8900,Fax: +1-650-968-8990,akellen@mcapr.com,for Ultratech, Inc.
