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Press Release

Asyst
Technologies, Inc. Completes Acquisition of Advanced Machine
Programming

Fremont,
CA, February 2, 2001 -Asyst Technologies, Inc. (Nasdaq
NM: ASYT), the world's largest semiconductor fab automation company,
announced that it has completed its acquisition of Advanced Machine
Programming (AMP, Morgan Hill, Calif.), effective February 1, 2001.
AMP is a precision machining and assembly firm with revenues for
the fiscal year ending September 30, 2000 of approximately $24 million.
Asyst expects AMP to be an integral part of its pioneering automation
foundry model aimed at semiconductor equipment manufacturers. AMP
is now a wholly owned subsidiary of Asyst.
The acquisition was originally announced
on December 7, 2000. Under the terms of the agreement, Asyst
acquired AMP in a forward subsidiary merger, with merger consideration
of $19 million in cash and $19 million in Asyst stock. Asyst
also paid AMP shareholders an additional $1.7 million in cash
as consideration for additional working capital in the business
as of the closing date.
About Asyst
Asyst Technologies, Inc. is the leading provider of isolation
and automation technologies that enable semiconductor makers
to protect their valued assets
throughout the manufacturing process while increasing manufacturing productivity.
Through this "Value-Assured Fab" strategy, Asyst offers a broad range of
200mm and 300mm solutions that enable the safe transfer of wafers and information
between the process equipment and the fab line throughout the IC fabrication
process, preventing human, environmental, mechanical and chemical harm.
Encompassing robotics, portals, wafer and reticle carriers, connectivity
and interface products, and transport and loading products, Asyst's modular,
interoperable solutions allow chipmakers and original equipment manufacturers
(OEMs) to select and employ the value-assured, hands-off manufacturing
capabilities that best suit their needs.
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