Ultratech Cambridge NanoTech Ships 400th ALD System
Milestone reflects Ultratech Cambridge NanoTech's capability to meet the needs of the varied and expanding ALD market
SAN JOSE, Calif., June 24, 2015 /PRNewswire/ -- Ultratech, Inc. (Nasdaq: UTEK), a leading supplier of lithography, laser-processing and inspection systems used to manufacture semiconductor devices and high-brightness LEDs (HB-LEDs), as well as atomic layer deposition (ALD) systems, announced that its Cambridge NanoTech business unit, Ultratech-CNT, has shipped its 400th ALD system. The system was purchased by the University of Michigan.
Dr. Neil Dasgupta, Assistant Professor of Mechanical Engineering at University of Michigan, whose group received the ALD equipment, said, "Ultratech-CNT's ALD system has provided a significant boost to our research productivity, enabling us to make rapid advances in the field of surface and interfacial modification of energy conversion devices, including batteries, solar cells, and catalysts. The versatility of the ALD system to address the varied needs of our research program, coupled with the depth of knowledge of their science and engineering team, has enabled us to move very quickly towards producing high-impact research. We are happy to be part of this significant milestone in receiving the 400th system, and we look forward to developing a strong relationship with Ultratech-CNT."
Ultratech-CNT Vice-President of Research and Engineering, Ganesh Sundaram, Ph.D., said, "It has always been about the scientist and researcher, and about making them successful in achieving their research goals. We are extremely gratified by Professor Dasgupta's decision to purchase our ALD system. We have known his work since his days as a graduate student at Stanford University, and he has consistently produced noteworthy results using ALD. Looking forward, we are excited by the prospects of the breakthroughs in science that he, along with all other researchers, will be making using our instruments. For our part, we celebrate the shipment of our 400th system and will continue our tradition of providing deep expertise combined with exciting technology."
Ultratech-CNT is a platinum sponsor of the 15th International Conference on Atomic Layer Deposition (ALD 2015) that takes place June 28 through July 1, 2015, in Portland, Oregon. Ultratech-CNT will be exhibiting in booth #19, as well as co-presenting a paper with the Massachusetts Institute of Technology (MIT) titled, "Growth, Characterization, and Application of Two-Dimensional Molybdenum Disulfide," on Tuesday, June 30 at 5:15 p.m. in Session B: Nanostructures.
Ultratech-CNT's ALD Systems:
Savannah G2 ALD System
The Savannah G2 platform incorporates a wide range of advanced field-upgradable options intended to aid serious researchers in expanding their portfolio of available ALD films, as well as allow them to characterize the films in real time.
Phoenix G2 Batch ALD System
Engineered for high throughput, the Phoenix provides maximum uptime in any fabrication environment from pilot production to industrial-grade manufacturing. Technologists and researchers rely on the Phoenix for repeatable, highly-accurate film deposition on flat and 3-D substrates alike for batch production ALD requirements.
Fiji High-Vacuum ALD System
A modular, high-vacuum ALD system, the Fiji series accommodates a wide range of deposition modes using a flexible architecture and multiple configurations of precursors and plasma gases. The result is a next-generation ALD system capable of performing thermal and plasma-enhanced deposition.
Safe Harbor
This release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can generally be identified by words such as "anticipates," "expects," "remains," "thinks," "intends," "believes," "estimates," and similar expressions and include management's current expectation of its longer term prospects for success. These forward-looking statements are based on our current expectations, estimates, assumptions and projections about our business and industry, and the markets and customers we serve, and they are subject to numerous risks and uncertainties that may cause these forward-looking statements to be inaccurate. Such risks and uncertainties include the timing and possible delays, deferrals and cancellations of orders by customers; quarterly revenue fluctuations; industry and sector cyclicality, instability and unpredictability; market demand for consumer devices utilizing semiconductors produced by our clients; our ability to manage costs; new product introductions, market acceptance of new products and enhanced versions of our existing products; reliability and technical acceptance of our products; our lengthy sales cycles, and the timing of system installations and acceptances; lengthy and costly development cycles for laser-processing and lithography technologies and applications; competition and consolidation in the markets we serve; improvements, including in cost and technical features, of competitors' products; rapid technological change; pricing pressures and product discounts; our ability to collect receivables; customer and product concentration and lack of product revenue diversification; inventory obsolescence; general economic, financial market and political conditions and other factors outside of our control; domestic and international tax policies; cybersecurity threats in the United States and globally that could impact our industry, customers, and technologies; and other factors described in our SEC reports including our Annual Report on Form 10-K filed for the year ended December 31, 2014 and our Quarterly Report on Form 10-Q filed for the quarterly period ended April 4, 2015. Due to these and other factors, the statements, historical results and percentage relationships set forth herein are not necessarily indicative of the results of operations for any future period. We undertake no obligation to revise or update any forward-looking statements to reflect any event or circumstance that may arise after the date of this release.
About Ultratech: Ultratech, Inc. (Nasdaq: UTEK) designs, builds and markets manufacturing systems for the global technology industry. Founded in 1979, Ultratech serves three core markets: front-end semiconductor, back-end semiconductor, and nanotechnology. The company is the leading supplier of lithography products for bump packaging of integrated circuits and high-brightness LEDs. Ultratech is also the market leader and pioneer of laser spike anneal technology for the production of advanced semiconductor devices. In addition, the company offers solutions leveraging its proprietary coherent gradient sensing (CGS) technology to the semiconductor wafer inspection market and provides atomic layer deposition (ALD) tools to leading research organizations, including academic and industrial institutions. Visit Ultratech online at: www.ultratech.com.
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SOURCE Ultratech, Inc.
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