

|
 |

 |



Press Release

Asyst
Forms New Semiconductor Tool Automation Group

Appoints Ralph Patterson to
lead tool front-end strategy
Fremont, CA, November 3, 1998 -
Asyst Technologies, Inc. (Nasdaq:ASYT), the leading supplier
of manufacturing automation and Standard Mechanical InterFace
(SMIF) isolation to the semiconductor industry, has announced
the formation of a new automation group to address the automated
tool front-end market. The new group will be led by Ralph Patterson
(53), who will serve as vice president of systems integration
and report to Asyst's President and Chief Operating Officer Terry
Moshier.
As the semiconductor manufacturing
process increases in complexity and new process requirements
such as copper and chemical mechanical planarization (CMP) emerge,
fabs are incorporating greater levels of automation. A number
of factors are driving the need for a complete integrated tool
front-end system to manage the interactions and transactions
between the process tool and the factory floor. These include
process tool complexity, the need for ergonomic solutions, the
emergence of new standards and more mainstream use of computer
integrated manufacturing (CIM). Leveraging the company's existing
core competencies in hardware and software, Asyst's strategy
is to deliver complete fab/equipment interface solutions to OEMs
and semiconductor manufacturers worldwide. This complete tool
front-end solution includes robotics, minienvironments, software,
auto identification and load port transfer interfaces.
Commenting on Asyst's new business
focus, Moshier noted, "Asyst is the only company possessing all
of the key technologies necessary to assemble a complete tool
front-end solution for our OEM customers and IC manufacturers.
Automated tool front-end systems are a natural opportunity for
Asyst and represent significant market and growth potential." Patterson
added, "Because automation requires such high levels of hardware
and software capability, it is critical that these front-end
interface components work together seamlessly. Asyst has core
competencies in each of the areas comprising a tool front-end
and will be able to offer OEMs a complete solution."
In heading the new business, Patterson
will leverage his more than 20 years of high-technology management
expertise-dominated by 16 years at Hewlett-Packard. While at
Hewlett-Packard, he held positions including operations manager
for Inkjet Media, R&D manager for the Inkjet Business Unit and
director of the Computer Peripherals Laboratory. Other career
highlights include serving as senior vice president of research
and development for Read-Rite Corp., and president and chief
executive officer of Headway Technologies, Inc., a start-up company
focused on thin-film magneto-resistive heads for the disk drive
industry. Patterson began his career as an engineer with Westinghouse,
Inc. after completing his bachelor's and master's degrees in
electrical engineering, as well as a doctorate in micromagnetics,
from Washington University (St. Louis, Mo).
Except for statements of historical
fact, the statements in this press release are forward-looking.
Such statements are subject to a number of risks and uncertainties
that could cause actual results to differ materially from the
statements made. These factors include, but are not limited to,
general economic conditions, semiconductor industry cycles, risks
associated with the acceptance of new products and product capabilities
and other factors more fully detailed in the Company's most recent
Forms 10-K and 10-Q, and annual report to shareholders.
About Asyst:
The pioneer of the Standard Mechanical InterFace (SMIF), Asyst Technologies,
Inc. is the leading provider of automated material handling systems and
software critical to seamless factory automation in the most advanced fabs
worldwide. Asyst's comprehensive solutions, which include industry-leading
200 mm and 300 mm product offerings, result in greater fab profitability
and productivity. Hine Design Incorporated, a wholly owned subsidiary,
designs and manufactures precision substrate handling equipment for vacuum,
atmospheric and corrosive environments.
|