Installed base exceeds 30 systems; 18 shipped in most recent quarter
Flanders, New Jersey (October 15, 2007) -- Rudolph Technologies, Inc.(NASDAQ: RTEC), a leading provider of process characterization solutions for the semiconductor manufacturing industry, today announced that it has seen rapid acceptance of its TrueADC™ Software for automatic defect classification. First released in June 2006, the software now has an installed base that exceeds 30 systems, with 18 of those installed in the last quarter at both new and existing customer sites. Rudolph attributes the product's success to its ability to deliver highly accurate classification with minimal training and maintenance. TrueADC is operational at major semiconductor manufacturing facilities worldwide, and in some instances, implemented as a fab-wide process of record.
"Our engineers applied some very creative thinking to the development of this unique product," said Mike Plisinski, general manager of Rudolph's Data Analysis and Review Business Unit. "TrueADC's revolutionary performance is actually based on advanced imaging applications outside the semiconductor industry. Before we introduced TrueADC last year, many of our customers had just about given up on automatic defect classification. Existing products could deliver accuracy only with prohibitively high training and maintenance burdens. TrueADC breaks that link, combining industry-leading speed and accuracy with an easy-to-train, easy-to-extend classification method."
TrueADC software's unique Dynamic Defect Library function easily expands to accommodate new defects or process variations common to most production lines that would normally require expensive engineering involvement. The system is delivered with a defect library created at the factory from customer-supplied images, allowing rapid start-up and nearly immediate return on investment. The initial library is easily augmented with new classifications as they are encountered, permitting virtually unlimited extension with little impact on speed or accuracy and no requirement for complicated reprogramming or additional engineering resources.
Rudolph Technologies is a worldwide leader in the design, development, manufacture and support of high-performance process control metrology, defect inspection and data analysis systems used by semiconductor device manufacturers. Rudolph provides a full-fab solution through its families of proprietary products that provide critical yield-enhancing information, enabling microelectronic device manufacturers to drive down costs and time to market. The company has enhanced the competitiveness of its products in the marketplace by anticipating and addressing many emerging trends driving the semiconductor industry's growth. Rudolph's strategy for continued technological and market leadership includes aggressive research and development of complementary metrology and inspection solutions. Headquartered in Flanders, NJ, Rudolph supports its customers with a worldwide sales and service organization. Additional information can be found on the company's web site at www.rudolphtech.com.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In some cases, you can identify those so-called "forward-looking statements" by words such as "may," "will," "would," "should," "expects," "plans," "anticipates," "believes," "feels," "estimates," "predicts," "potential," or "continue," or the negative of those words and other comparable words. Rudolph wishes to take advantage of the "safe harbor" provided for by the Act and cautions that actual results may differ materially from those projected as a result of various factors, including risks and uncertainties, many of which are beyond Rudolph's control. Factors that could cause actual results to differ materially from the expectations expressed in such forward-looking statements, include, but are 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 for 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, new product offerings from our competitors, changes in or an inability to execute Rudolph's business strategy, unanticipated manufacturing or supply problems and changes in tax rules. Rudolph cannot guarantee future results, levels of activity, performance, or achievements. The matters discussed in this press release also involve risks and uncertainties as summarized in Rudolph's Form 10-K report for the year ended December 31, 2006 and other filings with the Securities and Exchange Commission ("SEC"), which are available at http://www.sec.gov, the SEC's website, and at http://www.rudolphtech.com, the Rudolph website. While these factors may be updated from time to time through the filing of reports and registration statements with the SEC, Rudolph does not assume any obligation to update the forward-looking information contained in this press release.
For more information, please contact:
Rudolph Technologies:
Investors:
Steven R. Roth
973.448.4302
steven.roth@rudolphtech.com
Trade Press:
Virginia Becker
952.259.1647
virginia.becker@rudolphtech.com