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Press Release

Asyst Extends SMIF Market Leadership With Multiple New 200MM Orders

FREMONT, Calif., May 14, 2007 – Asyst Technologies, Inc. (Nasdaq: ASYT), a leading supplier of integrated automation systems that enhance semiconductor and flat panel display manufacturing productivity, announced today that its 200mm products have been selected by multiple semiconductor fabs including EM Microelectronic of Switzerland, Shanghai Huahong NEC Electronics Co., Ltd (HHNEC) of China and additional semiconductor fabs in China and Russia. The aggregate multi-million dollar orders include SMIF loadports, indexers and wafer stockers.
Mr. Zheng Jiazheng, vice president of operations for HHNEC, said, "Using Asyst's products, we are able to provide our customers with the most advanced memory, logic and mixed signal technologies, ultimately lowering our customers' prototyping costs and shortening their time-to-market. Asyst's high product reliability and ability to provide complete automation solutions were key factors in our decision."
Mr. Mougahed Darwish, president of the management board of EM Microelectronic said, "EM Microelectronic was recognized in 1993 as the first European semiconductor company to implement SMIF technology throughout its wafer production. We continue to be a leading user of SMIF and an early adopter of a range of advancements that help to enhance yield and facilitate our migration to more advanced technology nodes."
Alan Lowe, senior vice president of Asyst's Customer Solutions Group, said, "As pioneers of standard mechanical interface (SMIF) technology and with over two decades of industry experience, we are extremely well placed to offer our customers the most reliable and proven solutions. We continue to be the leader in the SMIF market with greater than 80 percent market share. It is very rewarding that our customers see the value and benefits in both our advanced 200mm and 300mm product portfolios."
Asyst's SMIF family of products include SMIF-LPTT, SMIF-LPIT, SMIF-VersaPortT, SMIF-IndexerT (INX) and Narrow Reticle Indexer (NRI). They are designed to protect products from contamination while providing a standard mechanical interface to wafer fab production tools. SMIF products have better than Iso Class 1 particle performance, low cost of ownership and improved tool utilization. Asyst's automated material handling (AMHS) products include advanced overhead rail systems, automated vehicles and stockers.
About Asyst
Asyst Technologies, Inc. is a leading provider of integrated automation solutions that enable semiconductor and flat panel display (FPD) manufacturers to increase their manufacturing productivity and protect their investment in materials during the manufacturing process. Encompassing isolation systems, work-in-process materials management, substrate-handling robotics, automated transport and loading systems, and connectivity automation software, Asyst's modular, interoperable solutions allow chip and FPD manufacturers, as well as original equipment manufacturers, to select and employ the value-assured, hands-off manufacturing capabilities that best suit their needs. Asyst's homepage is http://www.asyst.com
Conference Call Details The live conference call discussing these results is available today at 5:00 pm eastern time by dialing 303-205-0044. A live webcast of the conference call is publicly available on Asyst's website at http://www.asyst.com and accessible by going to the investor relations page and clicking on the "webcast" link. For more information, including this press release, any non-GAAP financial measures that may be discussed on the webcast as well as the most directly comparable GAAP financial measures and a reconciliation of the difference between those GAAP and non-GAAP financial measures, as well as any other material financial and other statistical information contained in the webcast, please visit Asyst's website at www.asyst.com. A replay of the Webcast may be accessed via the same procedure. In addition, a standard telephone instant replay of the conference call is available by dialing (303) 590-3000, followed by the passcode 11088950#. The audio instant replay is available from May 10 at 7:00 pm Eastern Time through May 24 at 2:59 a.m. Eastern Time.
About Our Non-GAAP Operating Results and Adjustments
To supplement our consolidated financial results prepared under generally accepted accounting principles ("GAAP"), we use a non-GAAP measure of operating results that is GAAP net income (loss) adjusted to exclude certain costs, expenses and gains. Our non-GAAP net income (loss) gives an indication of our baseline performance before gains, losses or other charges that are considered by management to be outside of our core operating results. In addition, our non-GAAP net income (loss) is among the primary indicators management uses as a basis for planning and forecasting future periods. This measure is not in accordance with, or an alternative for, GAAP and may be materially different from non-GAAP measures used by other companies. We compute non-GAAP net income (loss) by adjusting GAAP net income (loss) for the impact of amortization of acquisition-related intangibles, restructuring and impairment charges, costs related to events outside the normal course of business, and other non-cash charges and gains. The presentation of this additional information should not be considered in isolation or as a substitute for net income (loss) prepared in accordance with GAAP.
Forward Looking Statements
Except for statements of historical fact, the statements in this release are forward-looking. The forward-looking statements include statements regarding future financial results; and other factors more fully detailed in the company's annual report on Form 10-K for the year ended March 31, 2006, as amended on Form 10-K/A, and other reports filed with the Securities and Exchange Commission. 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: uncertainties whether the expected range of results discussed above will change as Asyst finalizes and files its financial statements; uncertainties arising from our inability to maintain effective internal control over financial reporting; the impact of lawsuits or other proceedings initiated in relation to the company's prior stock option grant practices; uncertainty that these or other matters could comprise a material weakness in the Company's internal control over financial reporting, which could prevent the company from timely meeting its future reporting requirements or obligations to maintain effective internal control; the volatility of semiconductor industry cycles; our ability to achieve forecasted revenues, margins and profits; failure to respond to rapid demand shifts; dependence on a few significant customers; the timing and scope of decisions by customers to transition and expand fabrication facilities and investment in fab automation equipment; our ability to maintain or expand market share in our product segments; our ability to improve gross margins through product cost reduction and supply chain initiatives; continued risks associated with the acceptance of new products and product capabilities; the risk that customers will delay, reduce or cancel planned projects or bookings and thus delay recognition or the amount of our anticipated revenue; competition in the semiconductor equipment industry and specifically in AMHS; failure to retain and attract key employees; and other factors more fully detailed in the company's annual report on Form 10-K for the year ended March 31, 2006, and other reports filed with the Securities and Exchange Commission.
"Asyst" is a registered trademark of Asyst Technologies, Inc. All Rights Reserved.
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