News Release

    Business Editors

    SANTA CLARA, Calif.--(BUSINESS WIRE)--May 10, 1999--

    Applied Materials Licenses Ontario Technologies To Provide
    Refurbishment Services to Chipmakers

    Applied Materials, Inc. has signed an agreement with Ontario Technologies Corp. (OTC), a subsidiary of Ontario Corporation, that authorizes OTC to provide refurbishment services for certain Applied Materials equipment parts directly to chipmakers. Under the program, OTC will use Applied Materials specifications to refurbish parts requiring thermal spray coatings, such as shields and other parts used in physical vapor deposition (PVD), plasma etch and metal chemical vapor deposition (CVD) systems.

"This arrangement gives customers a highly qualified source for refurbishing spray coated parts, which should help them extend the lifetime and reduce the long-term operating cost of our systems," noted Jorge Titinger, general manager of Applied Materials' Installed Base Support Services Group. "Ontario Corporation has supplied Applied Materials with state-of-the-art thermal coating expertise for years, and we are confident in their ability to provide customers with high quality refurbishment services that meet our exacting specifications."

"We are excited to extend our relationship with Applied Materials to address this new and outstanding opportunity," said Wayne Kirschling, president of Ontario Technologies Corp. "With our nearly twenty years of experience, strong customer focus and a facility designed specifically for handling semiconductor equipment components, we believe that we can be an excellent resource for Applied Materials' customers."

Ontario Technologies, located in San Carlos, Calif., is a sister company of CDS Leopold and CMS Welding and a subsidiary of Ontario Corporation, headquartered in Muncie, Indiana. Ontario Corp. is a privately owned manufacturing and services company providing precision manufactured components, laboratory testing services and software products. Ontario Technologies' web site is www.ontariotechnologies.com.

Applied Materials, Inc. is a Fortune 500 global growth company and the world's largest supplier of wafer fabrication systems and services to the global semiconductor industry. Applied Materials is traded on the Nasdaq National Market System under the symbol "AMAT." Applied Materials' web site is www.appliedmaterials.com.

     --30--LS/na*

     CONTACT:  Applied Materials Inc.
               Betty Newboe (editorial/media), 408/563-0647                                             
                    or
               Carolyn Schwartz (financial community), 408/748-5227  

     KEYWORD:  CALIFORNIA INDIANA
     INDUSTRY KEYWORD:  COMPUTERS/ELECTRONICS COMED