Ultratech Receives Multiple-System Orders From Southeast Asian Customers for Nanotech 190 Lithography Tools

Multiple-System Orders Underscore Ultratech's Leading Technology Position for

Thin-Film Head Market

Jun 13, 2005, 01:00 ET from Ultratech, Inc.

    SAN JOSE, Calif., June 13 /PRNewswire-FirstCall/ -- Ultratech, Inc.
 (Nasdaq:   UTEK), a leading supplier of lithography and laser-processing systems
 used to manufacture semiconductors and nanotechnology devices, today announced
 that it has received multiple-system orders from several southeast Asian
 customers for its NanoTech 190 lithography systems.  The NanoTech 190 tools,
 specifically designed for thin-film head (TFH) applications, will be utilized
 for back-end rowbar processing -- the processing step required to add the
 aerodynamic surface to rows of TFH devices before wafer singulation.  The
 lithography systems will be delivered to the customers' facilities located in
 Malaysia, Thailand and China.  These multiple orders demonstrate Ultratech's
 ability to provide leading application-specific products with low cost-of-
 ownership advantages, and reinforce its technology leadership position at the
 forefront of the thin-film head market.
     The increasing number of consumer electronics products requiring small
 drives, such as portable digital music players, has contributed to a
 resurgence in the TFH market.  According to Dennis Waid, president of
 Peripheral Research Corporation and member of Ultratech's technical advisory
 board, "Storage memory capacity for handheld devices can be increased
 significantly with a small-format hard drive, which has the same form factor
 as flash-random-access memory (RAM).  Today, most cell phones, PDAs, and
 digital cameras use flash-RAM for memory rather than hard drives. To address
 this transition and growing demand, disk-drive manufacturers are making thin-
 film heads for the digital consumer market, as well as for high-end enterprise
 storage -- increasing the need for application-specific lithography
 equipment."  Waid added that Peripheral Research Corp., which specializes in
 market research, client studies, consulting, and conferences for the data
 storage industry, anticipates the disk-drive market will grow at a 14-percent
 compound annual growth rate (CAGR) through 2008.
     Doug Anberg, Ultratech's vice president of advanced stepper technology,
 noted, "The increase in our customers' order activity is driven by the volume
 increase in mini-drives.  The high consumer demand for digital music players
 and other small devices with hard drives is escalating the need for steppers
 that can process the thin-film heads that read and write on small-format hard
 drives.  The NanoTech 190 lithography system was specifically developed for
 the thin-film head industry and is essential to the development of our
 customers' smaller-dimension, thin-film head devices.  Ultratech's advanced
 technology provides specialized handling capabilities that are critical for
 back-end rowbar processing.  As the market continues to grow, we look forward
 to providing our global customers with leading technology specifically
 designed to address the requirements for thin-film head applications-now, and
 in the future."
     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 Ultratech's dependence on new product introductions and
 market acceptance of new products and enhanced versions of its 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 Ultratech's
 licensing revenues; changes to financial accounting standards; changes in
 pricing by Ultratech, its competitors or suppliers; customer concentration;
 international sales; timing of new product announcements and releases by
 Ultratech or its competitors; ability to volume produce systems and meet
 customer requirements; sole or limited sources of supply; ability and
 resulting costs to attract or retain sufficient personnel to achieve
 Ultratech's targets for a particular period; dilutive effect of employee stock
 option grants on net income per share, which is largely dependent upon
 Ultratech achieving and maintaining profitability and the market price of
 Ultratech's 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 Ultratech's 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 its
 Quarterly Report on Form 10-Q for the quarter ended April 2, 2005.
     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.