SAN JOSE, Calif., Oct. 4 /PRNewswire-FirstCall/ -- Ultratech, Inc.
(Nasdaq: UTEK), a leading supplier of lithography and laser-processing systems
used to manufacture semiconductors and nanotechnology devices, today announced
it has named Motohiko (Mike) Tahara to the position of president and general
manager of its Japan subsidiary, Ultratech KK. Tahara has over two decades of
experience in the semiconductor industry, including high-level positions at
KLA-Tencor Corp. and Applied Materials, Inc. In his new role, Tahara will
lead and oversee operations in Japan, reporting directly to Ultratech
President of Asia Operations Y. Joe Iwasaki.
(Photo: http://www.newscom.com/cgi-bin/prnh/20051004/SFTU008 )
Prior to joining Ultratech, Tahara spent more than three years with KLA-
Tencor Japan-initially, as president and, for the latter portion of 2005,
served as chairman. In 2000, Tahara served as president, CEO and corporate
vice president of Cymer Japan. Before that, he was vice president of AKT
Inc., a wholly owned subsidiary of Applied Materials and the successor company
to Applied Komatsu Technology, Inc., a joint venture between Applied Materials
and Komatsu for which Tahara previously served two years as vice president.
From 1991 to 1997, he held a succession of increasingly responsible posts with
Applied Materials Japan, Inc., where he ultimately became vice president.
During the first 19 years of his career, Tahara held a variety of positions
with Sumitomo Corp., including one year as a director of sales and marketing
in a joint venture with GCA Corp., and five years as a director in the
semiconductor manufacturing equipment division of Sumisho Electronics Systems.
"We are pleased to welcome an executive of Tahara-san's caliber as he
joins Ultratech to oversee our operations in Japan," Iwasaki noted.
"Throughout his lengthy career in the semiconductor industry, Tahara-san has
proven his ability to understand and meet customers' needs and to grow
relationships and businesses by recognizing and creating opportunities. His
leadership skills will enhance our presence in this key region, augmenting the
already strong team we've built at Ultratech KK. We look forward to Tahara-
san's contributions as he positions the company to take advantage of future
growth in Japan and works to continue Ultratech's legacy of providing
innovative, leading-technology solutions for our global customers."
Certain of the statements contained herein, which are not a historical
fact and which can generally be identified by words such as "anticipates,"
"expects," "intends," "will," "could," "believes," "estimates," "continue,"
and similar expressions, are forward-looking statements under Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, that involve risks and uncertainties, such
as risks related to our dependence on new product introductions and market
acceptance of new products and enhanced versions of our existing products;
lengthy sales cycles, including the timing of system installations and
acceptances; lengthy and costly development cycles for laser-processing and
lithography technologies and applications; integration, development and
associated expenses of the laser processing operation; delays, deferrals and
cancellations of orders by customers; cyclicality in the semiconductor and
nanotechnology industries; pricing pressures and product discounts; high
degree of industry competition; intellectual property matters; expiration of
licensing arrangements, and the resulting adverse impact on our licensing
revenues; changes to financial accounting standards; changes in prices by us,
our competitors or suppliers; customer concentration; international sales;
timing of new product announcements and releases by us or our competitors;
ability to volume produce systems and meet customer requirements; sole or
limited source of supply; ability and resulting costs to attract or retain
sufficient personnel to achieve our targets for a particular period; dilutive
effect of employee stock option grants on net income per share, which is
largely dependent upon us achieving and maintaining profitability and the
market price of our stock; mix of products sold; rapid technological change
and the importance of timely product introductions; outcome of litigation;
manufacturing variances and production levels; timing and degree of success of
technologies licensed to outside parties; product concentration and lack of
product revenue diversification; inventory obsolescence; asset impairment;
effects of certain anti-takeover provisions; future acquisitions; volatility
of stock price; business interruptions due to natural disasters or utility
failures; environmental regulations; and any adverse effects of terrorist
attacks in the United States or elsewhere, or government responses thereto, or
military actions in Iraq, Afghanistan and elsewhere, on the economy, in
general, or on our business in particular. Such risks and uncertainties are
described in Ultratech's SEC reports including its Annual Report on Form 10-K
filed for the year ended December 31, 2004 and on Form 10Q for the quarter
ended July 2, 2005. Due to these and additional factors, the statements,
historical results and percentage relationships set forth herein are not
necessarily indicative of the results of operations for any future period.
These forward-looking statements are based on management's current beliefs and
expectations, some or all of which may prove to be inaccurate, and which may
change. We undertake no obligation to revise or update any forward-looking
statements to reflect any event or circumstance that may arise after the date
of this press release.
About Ultratech: Ultratech, Inc. designs, manufactures and markets
photolithography equipment used worldwide in the fabrication of semiconductor
and nanotechnology devices, and has expanded its technology scope in
pioneering laser processing technology for IC manufacturing. Founded in 1979,
Ultratech is a market leader in gold and solder bump lithography. Its
products are designed to substantially reduce the cost of ownership for
manufacturers in the electronics industry. The company's home page on the
World Wide Web is located at www.ultratech.com
SOURCE Ultratech, Inc.