Credence Announces Second Quarter 2001 Earnings Release Date and Conference Call

Apr 12, 2001, 01:00 ET from Credence Systems Corporation

    FREMONT, Calif., April 12 /PRNewswire/ --
 Credence Systems Corporation (Nasdaq:   CMOS), a leading manufacturer of
 automatic test equipment (ATE) for the worldwide semiconductor industry, today
 announced that they would be releasing their second quarter 2001 earnings
 results on May 16, 2001, following the close of markets.  A conference call
 and simultaneous audio webcast will follow at 3:00 p.m. PDT.
 
     -- The call-in number is:
          Domestic and International:  888-391-0105
 
     -- The replay number is:
          Domestic        800-633-8284        Passcode:  18562036
          International   858-812-6440        Passcode:  18562036
 
     The replay runs through May 23, 2001, 5:00 p.m. PDT.
 
     Credence's earnings conference call will also be broadcast simultaneously
 over the Internet.  Please visit www.credence.com to access the call.  If you
 have any questions or comments, please contact Zaldy Odfina at 510-492-3229.
     This advisory may contain statements that are forward looking and involve
 known and unknown risks and uncertainties which may cause the Company's actual
 results in future periods to be materially different from the future
 performance suggested in this advisory.  Such factors include, but are not
 limited to, economic and currency instability in the Asia Pacific region,
 fluctuation in customer demand, timing and volume of orders and shipments,
 competition and pricing pressures, reliability and quality issues, the
 Company's ability to complete the development of its new products, product
 mix, overhead absorption, cyclicality and downturns in the semiconductor
 industry, continued dependence on "turns" orders to achieve revenue
 objectives, the Company's ability to have an appropriate amount of production
 capacity in a timely manner, the timing of new technology, product
 introductions, the risk of early obsolescence and the Company's ability to
 control expenses (including the ability to identify and successfully institute
 additional cost-saving measures).
     Further, the Company operates in an industry sector where securities
 values are highly volatile and may be influenced by economic and other factors
 beyond the Company's control.  Reference is made to the discussion of risk
 factors detailed in the Company's filings with the Securities and Exchange
 Commission, including its reports on Form 10-K and 10-Q.  Any projections in
 this advisory are based on limited information currently available to the
 Company, which is subject to change.  Although any such projections and the
 factors influencing them will likely change, the Company will not necessarily
 update the information, since the Company is only to provide guidance at
 certain points during the year.  Actual events or results could differ
 materially and no reader of this advisory should assume later in the quarter
 that the information provided today is still valid.  Such information speaks
 only as of the date of this advisory.
 
     About Credence
     Credence Systems Corporation is a leader in the manufacture of automatic
 test equipment (ATE) for the worldwide semiconductor industry.  Credence
 offers a wide range of products with test capabilities for digital,
 mixed-signal, and non-volatile memory semiconductors.
     Utilizing its proprietary CMOS technologies, Credence products are
 designed to meet the strict time-to-market and ownership requirements of its
 customers.  Headquartered in Fremont, California, the company maintains
 advanced production and design facilities in Hillsboro, Oregon.  Credence, an
 ISO 9001 certified manufacturer, is listed on the Nasdaq National Market under
 the symbol CMOS.  More information is available at http://www.credence.com .
     NOTE:  Credence and Credence Systems are trademarks of Credence Systems
 Corporation.  Other trademarks that may be mentioned in this advisory are the
 intellectual property of their respective owners.
 
     CONTACT:  John Detwiler, Senior V.P. Finance & CFO, 510-623-4758, or fax,
 510-623-2591, or john_detwiler@credence.com, or Zaldy Odfina, Director,
 Treasury, 510-492-3229, or fax, 510-623-2522, or zaldy_odfina@credence.com,
 both of Credence Systems Corporation.
 
 

SOURCE Credence Systems Corporation
    FREMONT, Calif., April 12 /PRNewswire/ --
 Credence Systems Corporation (Nasdaq:   CMOS), a leading manufacturer of
 automatic test equipment (ATE) for the worldwide semiconductor industry, today
 announced that they would be releasing their second quarter 2001 earnings
 results on May 16, 2001, following the close of markets.  A conference call
 and simultaneous audio webcast will follow at 3:00 p.m. PDT.
 
     -- The call-in number is:
          Domestic and International:  888-391-0105
 
     -- The replay number is:
          Domestic        800-633-8284        Passcode:  18562036
          International   858-812-6440        Passcode:  18562036
 
     The replay runs through May 23, 2001, 5:00 p.m. PDT.
 
     Credence's earnings conference call will also be broadcast simultaneously
 over the Internet.  Please visit www.credence.com to access the call.  If you
 have any questions or comments, please contact Zaldy Odfina at 510-492-3229.
     This advisory may contain statements that are forward looking and involve
 known and unknown risks and uncertainties which may cause the Company's actual
 results in future periods to be materially different from the future
 performance suggested in this advisory.  Such factors include, but are not
 limited to, economic and currency instability in the Asia Pacific region,
 fluctuation in customer demand, timing and volume of orders and shipments,
 competition and pricing pressures, reliability and quality issues, the
 Company's ability to complete the development of its new products, product
 mix, overhead absorption, cyclicality and downturns in the semiconductor
 industry, continued dependence on "turns" orders to achieve revenue
 objectives, the Company's ability to have an appropriate amount of production
 capacity in a timely manner, the timing of new technology, product
 introductions, the risk of early obsolescence and the Company's ability to
 control expenses (including the ability to identify and successfully institute
 additional cost-saving measures).
     Further, the Company operates in an industry sector where securities
 values are highly volatile and may be influenced by economic and other factors
 beyond the Company's control.  Reference is made to the discussion of risk
 factors detailed in the Company's filings with the Securities and Exchange
 Commission, including its reports on Form 10-K and 10-Q.  Any projections in
 this advisory are based on limited information currently available to the
 Company, which is subject to change.  Although any such projections and the
 factors influencing them will likely change, the Company will not necessarily
 update the information, since the Company is only to provide guidance at
 certain points during the year.  Actual events or results could differ
 materially and no reader of this advisory should assume later in the quarter
 that the information provided today is still valid.  Such information speaks
 only as of the date of this advisory.
 
     About Credence
     Credence Systems Corporation is a leader in the manufacture of automatic
 test equipment (ATE) for the worldwide semiconductor industry.  Credence
 offers a wide range of products with test capabilities for digital,
 mixed-signal, and non-volatile memory semiconductors.
     Utilizing its proprietary CMOS technologies, Credence products are
 designed to meet the strict time-to-market and ownership requirements of its
 customers.  Headquartered in Fremont, California, the company maintains
 advanced production and design facilities in Hillsboro, Oregon.  Credence, an
 ISO 9001 certified manufacturer, is listed on the Nasdaq National Market under
 the symbol CMOS.  More information is available at http://www.credence.com .
     NOTE:  Credence and Credence Systems are trademarks of Credence Systems
 Corporation.  Other trademarks that may be mentioned in this advisory are the
 intellectual property of their respective owners.
 
     CONTACT:  John Detwiler, Senior V.P. Finance & CFO, 510-623-4758, or fax,
 510-623-2591, or john_detwiler@credence.com, or Zaldy Odfina, Director,
 Treasury, 510-492-3229, or fax, 510-623-2522, or zaldy_odfina@credence.com,
 both of Credence Systems Corporation.
 
 SOURCE  Credence Systems Corporation