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SCOTTS VALLEY, Calif., Sep 04, 2008 (BUSINESS WIRE) -- Aviza Technology, Inc. (NASDAQ:AVZA (changed to AVZAQ on June 19, 2009)), a supplier of advanced semiconductor capital equipment and process technologies for the global semiconductor industry and related markets, today announced that it has received multiple orders from one of the world's leading optoelectronics manufacturers. The customer will use the Delta i2L PECVD and Omega i2L etch systems to produce GaAs and InGaN-based LED devices, such as High Brightness LEDs (HB-LEDs), used in solid state lighting, mobile communications and automotive applications.
Market research firm Strategies Unlimited (Mountain View, CA) forecasts a compounded annual growth rate (CAGR) of 20 percent between 2007-2012 for the HB-LED market segment alone, with the market size reaching over $11.4 billion by 2012.
The Delta i2L and Omega i2L are cost effective, production-proven systems that have demonstrated high productivity results with increased uptimes, reliability and exceptional process stability. Aviza's Omega i2L system is the process tool of record (PTOR) for etch applications at this customer's facility.
"We are pleased that this customer selected multiple Aviza systems for their manufacturing requirements," said Kevin Crofton, Senior Vice President, Product Business Units of Aviza Technology, Inc. "Securing these system orders validates Aviza's ability to produce results that meet or exceed our customers' process specifications. Aviza's product offerings, technology process expertise and strong customer service are key reasons why customers choose Aviza as a preferred supplier for their current business and capacity expansion needs."
Safe Harbor
This press release contains forward-looking statements. These forward-looking statements are based on our management's current expectations and beliefs and involve numerous risks and uncertainties that could cause actual results to differ materially from expectations. You should not rely upon these forward-looking statements as predictions of future events because we cannot assure you that the events or circumstances reflected in these statements will be achieved or will occur. These forward-looking statements include, but are not limited to, the statements made by Kevin Crofton and all statements containing the words "believes," "expects," "may," "will," "should," "seeks," "intends," "plans," "estimates" or "anticipates" or the negative of these words and phrases or other variations of these words and phrases or comparable terminology. Many factors could cause our actual results to differ materially from those projected in these forward-looking statements. Some of these factors and other important factors are detailed in our various Securities and Exchange Commission filings, particularly in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, copies of which are available from us without charge. Please review these filings and do not place undue reliance on these forward-looking statements. We assume no obligation to update forward-looking statements.
About Aviza Technology, Inc.
Aviza Technology, Inc. designs, manufactures, sells and supports advanced semiconductor capital equipment and process technologies for the global semiconductor industry and related markets. The company's systems are used in a variety of segments of the semiconductor market, such as advanced silicon for memory devices, advanced 3-D packaging and power integrated circuits for communications. Aviza's common stock is publicly traded on the NASDAQ Global Market (NASDAQ GM: AVZA (changed to AVZAQ on June 19, 2009)). Aviza is headquartered in Scotts Valley, Calif., with manufacturing, R&D, sales and customer support facilities located in the United Kingdom, Germany, France, Taiwan, China, Japan, Korea, Singapore and Malaysia. Additional information about the company can be found at http://www.aviza.com.
SOURCE: Aviza Technology, Inc.
Aviza Technology, Inc. Corporate Communications Sherrie Gutierrez, +1-831-439-6382 Director, Worldwide Corporate Marketing Fax: +1-831-439-6223 sherrie.gutierrez@aviza.com or Guerrant Associates Investor Relations Laura Guerrant-Oiye, +1-808-882-1467 Principal Fax: +1-808-882-1267 lguerrant@guerrantir.com
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