PRESSEPORTAL Presseportal Logo
All Stories
Follow
Subscribe to SÜSS MicroTec AG

19.03.2001 – 08:54

SÜSS MicroTec AG

ots Ad hoc-Service: Süss Micro Tec AG

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
Garching/Munich(ots Ad hoc-Service) -  Süss MicroTec AG
has acquired Image Technology Inc., Palo Alto, California, a supplier
of precision photomasks for optical lithography. Photomasks are high
precision glass plates containing microscopic images of electronic
circuits and are used as masters by semiconductor manufacturers to
optically transfer these images onto silicon wafers. Photomasks are a
key enabling technology in any semiconductor production. Image
Technology, Inc. specializes in large area precision photomasks for
advanced packaging, Micro Electro Mechanical Systems (MEMS) and
opto-electronic applications taking advantage of full field
lithography used in Mask Aligners, the main product of Süss MicroTec.
Image Technology, Inc. was founded in 1963 and achieved in fiscal
year 2000 (ending September 30th, 2000) total sales of 4.24 Million
US$ and a double digit pre tax profit margin.
The acquisition will be financed by using 343,256 shares out of
the authorized capital of Süss MicroTec AG. Both parties have agreed
on a lock up period of six (6) months for 50% of the shares and one
(1) year for the remaining 50% of shares.
Süss MicroTec AG Barbara v. Jan Investor Relations
Tel.: +49 (0)89/320 07-314 e-mail: b.jan@suss.de Info:
http://www.suss.de
WKN: 722670; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr
in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und
Stuttgart
End
Internet: http://recherche.newsaktuell.de

Original content of: SÜSS MicroTec AG, transmitted by news aktuell