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Press
Release
Epitech Ramps Up Production With Multiple Close Coupled Showerhead And
Planetary Reactor Systems
Aachen, Germany / Tainan, Taiwan, 1st September, 2004-
AIXTRON AG (FSE: AIX; ISIN DE0005066203), a leading provider of equipment for
compound semiconductor epitaxy, today announced that Epitech Corporation has
recently placed orders for seven more MOCVD Mass Production tools as part of
an existing as well as a new Long Term Purchasing Agreement. The company adds
more large-scale AIXTRON Planetary Reactors
for the mass production of AlGaInP based red and orange, and yellow-green Ultra High
Brightness (UHB) LEDs, as well as CCS (Close Coupled Showerhead) type reactors
for the mass production of GaN based blue, green, UV and white UHB-LEDs. All systems
will be installed at Epitech's latest MOCVD Plant located in the Tainan Science
Based Industrial Park.
The additional capacity resulting from the purchase is expected to further
strengthen Epitech's position in the market as a high-end LED Epi-wafer
supplier for the complete spectrum of ultra high brightness LEDs, from the
deep red to the UV range, including power LEDs for white lighting
applications.
Dr. Simon Chen,
President of Epitech commented: "The demand for our leading edge UHB LED products,
produced solely on MOCVD systems from the AIXTRON Group, continues to increase
very strongly, especially from overseas. Corresponding to our long-term expansion
plan, we will start-up the new systems shortly in order to ramp up our production
in our new factory building as soon as possible. This is mandatory to cover the
demand for virtually all of our products. With our expertise, reflected by our
proprietary technologies and experience on one hand, and the strong commitment of
the AIXTRON Group to our company and their flexibility to meet our requirements
on the other, we are very confident to succeed."
Dr. Bernd Schulte,
Executive Vice President of AIXTRON added: "With the two most advanced MOCVD
technologies for compound semiconductors in our portfolio, the AIXTRON Group
underlines its position as the most successful supplier of MOCVD Tools worldwide.
In Taiwan, one of the most challenging markets in the world, we have repeatedly
received very encouraging feedback from our customers, in terms of built quality,
engineering, performance as well as production cost and yield. This is also
reflected by numerous long-term purchasing agreements and multiple orders from
our valued customers."
AIXTRON's
Planetary Reactor Concept and Thomas Swan's Close
Coupled Showerhead Technology are recognized as the leading edge technologies, fully
configured for large-scale production of compound semiconductor materials. These materials
are used for all kinds of electronic and optoelectronic devices, such as high brightness
LEDs for backlighting, outdoor and automotive applications, lasers for telecommunication
and DVD writers, and mobile applications.
About AIXTRON
AIXTRON AG (FSE: AIX; ISIN DE0005066203) is a leading provider
of equipment for compound semiconductor epitaxy. The Company's products are
used by a diverse range of customers worldwide to manufacture advanced semiconductor
components such as HBTs, PHEMTs, MESFETs, Lasers, LEDs, Detectors, and VCSELs used
in fiber optic communication systems, wireless and mobile telephony applications,
optical storage devices, illumination, signaling and lighting, as well as a range
of other leading-edge technologies. AIXTRON AG's securities are listed in the Prime
Standard market segment of the Frankfurt Stock Exchange and are included both in the
TecDAX index and the MSCI World Index. More information about AIXTRON can be found
on the Web at www.aixtron.com.
Forward Looking
Information
This news release may contain forward-looking statements about the business,
financial condition, results of operations and earnings outlook of AIXTRON within the
meaning of the "safe harbor" provisions of the United States Private Securities Litigation
Reform Act of 1995. Words such as "may," "will," "expect," "anticipate," "contemplate," "intend," "plans,"
"believe," "continue" and "estimate," and variations of these words and similar
expressions, identify these forward-looking statements. These statements are not
guarantees of future performance, involve certain risks, uncertainties and
assumptions that are difficult to predict, and are based upon assumptions as to
future events that may not prove accurate. Therefore, actual outcomes and
results may differ materially from what is expressed herein. In any
forward-looking statement in which AIXTRON expresses an expectation or belief as
to future results, such expectation or belief is expressed in good faith and
believed to have a reasonable basis, but there can be no assurance that the
statement or expectation or belief will result or be achieved or accomplished.
Actual operating results may differ materially from such forward-looking
statements and are subject to certain risks, including risks arising from:
actual customer orders received by AIXTRON; the extent to which metal-organic chemical
vapor deposition, or MOCVD, technology is demanded by the market place; the timing of final acceptance of products by
customers; the financial climate and accessibility of financing; general
conditions in the thin film equipment market and in the macro-economy;
cancellations, rescheduling or delays in product shipments; manufacturing
capacity constraints; lengthy sales and qualification cycles; difficulties in
the production process; changes in semiconductor industry growth; increased
competition; exchange rate fluctuations; availability of government funding;
variability and availability of interest rates; delays in developing and
commercializing new products; general economic conditions being less favorable
than expected; and other factors. The forward-looking statements contained in this
news release are made as of the date hereof and AIXTRON does not assume any obligation
to (and expressly disclaims any such obligation to) update the reasons why actual results
could differ materially from those projected in the forward-looking statements.
Any reference to the Internet website of AIXTRON is not an incorporation by
reference of such information in this news release, and you should not interpret
such a reference as an incorporation by reference of such information.
For further information please contact:
Investor
Relations and Corporate Communications
AIXTRON AG
Kackertstr. 15 - 17
D-52072 Aachen, Germany
Phone:+49 241 8909 444
Fax: +49 241 8909 445
E-mail: invest@aixtron.com |
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1st,
2004
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