HAYWARD, Calif., Oct. 6 /PRNewswire/ -- Ultra Clean Technology (Ultra Clean Holdings, Inc.) (Nasdaq: UCTT) has been awarded "Manufacturing Partner of the Year 2010" from FEI Company (Nasdaq: FEIC). The award was presented to Ultra Clean Technology for its operations performance in the FEI Hillsboro, Oregon facility.
In January 2009, Ultra Clean Technology and FEI entered a partnership where Ultra Clean Technology assumed full turnkey manufacturing of FEI systems assembled and tested in their Hillsboro, Oregon facility.
"Over the past eighteen months, Ultra Clean Technology has demonstrated the ability to seamlessly take over our manufacturing. They have executed all our quality goals, and maintained on time delivery during a very challenging ramp. We are pleased to present this award of Manufacturing Partner of the Year for 2010," said Brian Pierson, senior vice president, worldwide operations, for FEI.
"We are excited to receive this award in recognition of the success of our manufacturing partnership with FEI," said Clarence Granger, CEO for Ultra Clean Technology. "We look forward to future opportunities and continued support of FEI."
Ultra Clean, which is a leading developer and supplier of critical subsystems for the semiconductor capital equipment, flat panel, solar and medical device industries, provides turnkey manufacturing services for FEI's Oregon facility. FEI Company is a leading provider of high-resolution imaging and analysis systems for the life sciences, research, electronics and natural resources industries.
About Ultra Clean Holdings, Inc.
Ultra Clean Holdings, Inc. is a developer and supplier of critical subsystems for the semiconductor capital equipment, flat panel, solar and medical device industries. Ultra Clean offers its customers an integrated outsourced solution for gas delivery systems and other subassemblies, improved design-to-delivery cycle times, component neutral design and manufacturing and component testing capabilities. Ultra Clean's customers are primarily original equipment manufacturers for the semiconductor capital equipment, flat panel, solar and medical device industries. Ultra Clean is headquartered in Hayward, California. Additional information is available at www.uct.com.
FEI (Nasdaq: FEIC) is a leading diversified scientific instruments company. It is a premier provider of electron- and ion-beam microscopes and tools for nanoscale applications across many industries: industrial and academic materials research, life sciences, semiconductors, data storage, natural resources and more. With more than 60 years of technological innovation and leadership, FEI has set the performance standard in transmission electron microscopes (TEM), scanning electron microscopes (SEM) and DualBeams™, which combine a SEM with a focused ion beam (FIB). FEI's imaging systems provide 3D characterization, analysis and modification/prototyping with resolutions down to the sub-Angstrom (one-tenth of a nanometer) level. FEI's NanoPorts in North America, Europe and Asia provide centers of technical excellence where its world-class community of customers and specialists collaborate. FEI has approximately 1800 employees and sales and service operations in more than 50 countries around the world. More information can be found at: www.fei.com.
Safe Harbor Statement
The foregoing information contains, or may be deemed to contain, "forward- looking statements" (as defined in the U.S. Private Securities Litigation Reform Act of 1995) which reflect our current views with respect to future events and financial performance. We use words such as "anticipates," "believes," "plan," "expect," "future,"' "intends," "may," "will," "should," "estimates," "predicts," "potential," "continue" and similar expressions to identify these forward-looking statements. Forward looking statements included in the press release include expected cost savings for FEI, possible future product outsourcing and expectations of UCT regarding market diversification. All forward-looking statements address matters that involve risks and uncertainties and actual results may vary from those predicted or implied in the forward looking statements. The reasons results may vary include, but are not limited to, the failure by FEI or UCT to achieve the expected cost savings, failure of the parties to make effective transfer of manufacturing, failure of the parties to agree on future products to be outsourced, or failure of UCT to achieve expected market diversification due to an unsuccessful relationship with FEI. Other factors that could cause actual results to vary from the forward looking statements in this press release are detailed in "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations'' and elsewhere in the respective filings by FEI and UCTs with the Securities and Exchange Commission ("SEC") including each party's respective 10-Ks, 10-Qs, 8-Ks as well as other filings with the SEC. Ultra Clean Holdings, Inc. and FEI Company, Inc., individually, undertake no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise.
SOURCE Ultra Clean Holdings, Inc.