Record Order Includes Seven Tools Across Multiple Product Lines
Flanders, NJ, September 9, 2003 - Consistent with management's prior assertion that orders would strengthen in the latter part of 2003, Rudolph Technologies (Nasdaq: RTEC), a leading provider of process control equipment for thin film measurement and macro defect inspection during Integrated Circuit (IC) manufacturing, today announced that a major Taiwanese manufacturer placed a multi-million dollar tool order, with delivery schedules varying from the fourth quarter of 2003 to the second quarter of 2004.
The seven-tool order spans three of the Company's product lines - MetaPULSE® for metal-film metrology, S-ultra™ for transparent-film metrology and WaferView™ for macro defect inspection. In addition, the customer also purchased the Company's YieldView® fab-wide information systems server. The Company's leading edge 'best-in-class' tools have continued to win acceptance at the design engineering level and the Company believes that it will be a major beneficiary of capacity buys - as evidenced by this order - when end user demand returns to more normal levels.
About Rudolph Technologies
Rudolph Technologies is a worldwide leader in the design, development, manufacture and support of high-performance process control metrology systems used by semiconductor device manufacturers. The Company provides a full-fab solution through its families of proprietary systems for metrology applications used throughout the device manufacturing process. Rudolph's product development has successfully anticipated and addressed many emerging trends that are driving the semiconductor industry's growth. The Company's success in creating complementary metrology applications through aggressive research and development is key to Rudolph's strategy for continued technological and market leadership.
Safe-Harbor Statements
This press release contains forward-looking statements. Actual results may differ materially from those projected due to a number of risks, including, but not limited to, the impact of the slowdown in the overall economy, the uncertainty of the current global political environment, the potential for terrorist attacks, the potential business disruptions due to infectious diseases, changes in customer demands for our existing and new products, the timing, cancellation or delay of customer orders and shipments, the timing of revenue recognition of shipments, potential difficulties we could experience in completing the integration of ISOA, new product offerings from our competitors, changes in or an inability to execute Rudolph Technologies' business strategy, unanticipated manufacturing or supply problems, and changes in tax rules. Rudolph Technologies cannot guarantee future results, levels of activity, performance or achievements. The matters discussed in this press release also involve risks and uncertainties summarized under the heading "Risk Factors" in Rudolph Technologies' Form 10-K filed for the year ended December 31, 2002. These factors are updated from time to time through the filing of reports and registration statements with the Securities and Exchange Commission. Rudolph Technologies does not assume any obligation to update the forward-looking information contained in this press release.