Ferrotec Acquires the Temescal Division of Edwards Vacuum

Leading Electron Beam Evaporative Coating Systems Manufacturer Brings Expanded Support for Emerging Compound Semiconductor Applications

Jan 19, 2010, 11:18 ET from Ferrotec

LIVERMORE, Calif., Jan. 19 /PRNewswire/ -- Ferrotec (USA) Corporation, a global supplier of materials, components, and precision system solutions, today announced that it has purchased the Temescal Division of Edwards Vacuum, Inc.

Temescal, originally founded in 1952, is the leading manufacturer of electron beam-based evaporative coating systems with the largest install base of metallization tools addressing a broad range of materials used in the compound semiconductor industry. Key applications for compound semiconductor include cellular, satellite/cable TV, specialized opto-electronics, as well as the fast growing full-spectrum LED and solid-state lighting.

"As Ferrotec continues to expand support for evaporative coating markets, we expect this acquisition to have strategic and synergistic importance," said Eiji Miyanaga, president of Ferrotec (USA) Corporation. "By combining Temescal's deposition process and system engineering expertise with our complementary technology portfolio and our strong global position in the semiconductor industry, we intend to bring an enhanced product offering and play an increased role in the rapidly growing compound semiconductor market."

More information about Temescal products and the transition can be found at www.temescal.net.

More About Ferrotec

Founded in 1980, Ferrotec Corporation (JASDAQ: 6890 (OTC)) is a worldwide leader in the supply of materials, components, and precision system solutions for businesses and products. For additional information about Ferrotec products, visit the company's web site at www.ferrotec.com.

About Edwards

Edwards is a leading supplier of integrated solutions for the manufacture of semiconductors, flat panel displays, and solar cells. It is also a world leader in vacuum technology for industrial, scientific, process and R&D applications. Edwards employs around 2,800 people globally in the design, manufacture and support of high technology vacuum and abatement equipment. Edwards invented the concept of the low-maintenance, cost-effective commercial oil-free 'dry' vacuum pump, and now supplements this with a wide range of other pumping technologies as well as related products and services.

Information on Edwards can be accessed at www.edwardsvacuum.com

PR Contact:

Tom McKee

Marketing Communications Manager



SOURCE Ferrotec