Cymer Announces Volume Order of Enhanced TCZ-900B Crystallization System By Leading Taiwanese Flat Panel Display Manufacturer

SAN DIEGO, Jan. 25, 2011 /PRNewswire/ -- Cymer, Inc. (Nasdaq: CYMI), announced today that TCZ, its wholly owned subsidiary, has received a volume order for the TCZ-900B crystallization system from a leading Taiwanese flat panel display (FPD) manufacturer.  The TCZ-900B system provides the highest throughput in the industry for Gen 4 tools.  The system is used for volume production of advanced liquid crystal display (LCD) and next-generation organic light-emitting diode (OLED) displays that are targeted for production of advanced mobile devices and tablet computers.

TCZ has demonstrated large gains in OLED yield due to improvements in laser beam control.  The TCZ-900B is expected to significantly reduce the cost and complexity of the OLED manufacturing process, enabling more FPD manufacturers to enter the OLED market.

"The enhancements delivered in our 900B system reflect TCZ's support of display makers' requirements to reduce cost and improve yield.  This volume order demonstrates our successful efforts in both areas, supporting the growth of new display technologies such as OLED," said David Knowles, general manager of TCZ.

TCZ's patented laser crystallization technology is backed by Cymer's industry-leading light source expertise and unique optics technology.  TCZ's ability to support many different display sizes, while significantly increasing panel throughput, continues to be a driving factor in the acceptance of TCZ tools among display manufacturers.  

"This order is in line with our expectation that TCZ's technology continues to be recognized for the value and performance it delivers," said Ed Brown, president and chief operating officer of Cymer.  "We are confident that our flat panel crystallization system will continue to gain recognition as a viable solution to drive both lower cost and higher yield for FPD makers."

For additional information, or to speak with a representative, please contact Erin Coller at 619.234.0345 or [email protected].

Forward Looking Statements

Statements in this press release that are not strictly historical in nature are forward-looking statements.  These statements include, but are not limited to statements regarding the anticipated advantages, benefits, acceptance and impact of the TCZ-900B crystallization system, its targeted applications, anticipated growth in new display technologies, expected continued recognition of TCZ's technology and crystallization systems, and the transition to EUV lithography.  These statements are predictions based on current information and expectations and involve a number of risks and uncertainties.  Actual events or results may differ materially from those projected in any of such statements due to various factors, including but not limited to:  the timing of customer orders, shipments and acceptances; delays or cancellations by customers of their orders; the performance and market acceptance of the company's new products or technologies; new and enhanced product offerings by competitors; the company's ability to meet its production and product development schedules; the company's ability to secure adequate supplies of critical components for its advanced products; the performance and conditions in the United States and world financial markets; the policies and actions of the United States and other governments; and general economic conditions.  For a discussion of these and other factors which may cause our actual events or results to differ from those projected, please refer to the company's most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as well as other subsequent filings with the Securities and Exchange Commission (SEC).  You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.  All forward-looking statements are qualified in their entirety by this cautionary statement, and the company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this press release.

About Cymer

Cymer, Inc. (Nasdaq: CYMI) is the market leader in developing light sources, used by chipmakers worldwide to pattern advanced semiconductor chips, and is pioneering a new silicon crystallization system for the flat panel display industry. Cymer's light sources have been widely adopted by the world's top chipmakers and the company's installed base comprises approximately 3,500 systems. Continuing its legacy of leadership, Cymer is currently pioneering the industry's transition to extreme ultraviolet (EUV) lithography, the next viable step on the technology roadmap for the creation of smaller, faster chips. The company is headquartered in San Diego, Calif., and supports its customers from numerous offices around the globe. Cymer maintains a Web site to which it regularly posts press releases, SEC filings, and additional information about Cymer.  Interested persons can also subscribe to automated e-mail alerts or RSS feeds. Please visit www.cymer.com.

SOURCE Cymer, Inc.