Applied Materials Announces Strategic Service Agreement with Brooks Automation
SANTA CLARA, Calif.--(BUSINESS WIRE)--May 5, 2004--Applied Materials, Inc. (Nasdaq:AMAT) today announced an agreement with Brooks Automation, Inc., a leading supplier of automation solutions to the semiconductor industry. Under the arrangement, Applied Materials will provide on-site support and spare parts management for certain Brooks factory automation hardware products to achieve optimal performance and uptime in customer fabs. This program extends Applied Materials' world-class service and support capabilities beyond Applied's systems to better support semiconductor manufacturers worldwide.
"Applied Materials continues to expand its outstanding services into new areas that can help customers improve their fab productivity and profitability," said Mike Splinter, president and chief executive officer of Applied Materials. "This agreement with Brooks is a natural extension of one of our core business strengths and a win-win scenario for Applied Materials, Brooks and our customers."
Robert J. Therrien, chairman and chief executive officer of Brooks, said, "Semiconductor manufacturers today demand on-site service that is uninterrupted, flexible and adaptive to ensure the productivity of their fab operations. Combining our best-in-class factory automation hardware products with Applied Materials' service capabilities strengthens Brooks' global presence. We are pleased to join with Applied Materials, a company that is widely recognized as a premier on-site service solution provider, to bring the highest levels of service to our factory automation customers."
Dr. David N.K. Wang, executive vice president, Applied Global Services, said, "With support engineers distributed among expert service teams in virtually every semiconductor fab, Applied Materials is committed to providing Brooks and its customers with the same world-class service that has gained us the respect and trust of semiconductor manufacturers worldwide."
Brooks Automation, Inc. (Nasdaq:BRKS) is a leading worldwide provider of automation solutions to the global semiconductor and complex manufacturing industries. For more information, visit www.brooks.com.
Applied Materials, Inc. (Nasdaq:AMAT) is the largest supplier of equipment and services to the global semiconductor industry. Applied Materials' web site is www.appliedmaterials.com.
This press release contains forward-looking statements, including but not limited to those relating to Applied's technological leadership and the expected benefits from its strategic collaboration with Brooks, and all other statements that are not historical facts. These forward-looking statements include the assumptions that underlie such statements and are based on management's estimates, projections and assumptions as of the date hereof. These statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those stated or implied, including but not limited to: Applied's ability to perform under the agreement with Brooks; the sustainability of demand within the semiconductor and semiconductor equipment industries, which is subject to many factors, including global economic conditions and end-user demand for electronic products and semiconductors; customers' capacity requirements; Applied's ability to successfully supply a broad range of equipment and service products; and other risks described in Applied Materials' Forms 10-K, 10-Q and other filings with the Securities and Exchange Commission. Applied Materials assumes no obligation to update the information in this press release.
CONTACT: Applied Materials, Inc.
Betty Newboe, 408-563-0647 (technical media)
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SOURCE: Applied Materials, Inc.