Mykrolis Acquires Extraction Systems
03 Marzo 2005 - 10:05PM
PR Newswire (US)
Mykrolis Acquires Extraction Systems Acquisition Augments
Mykrolis's Gas Microcontamination Control Product Line BILLERICA,
Mass., March 3 /PRNewswire-FirstCall/ -- Mykrolis Corporation
(NYSE:MYK), a leading supplier of components and subsystems to the
semiconductor industry, announced today it acquired privately held
Extraction Systems, Inc. (Extraction) for $25 million in cash.
Based in Franklin, Massachusetts, Extraction's products are used to
measure and remove airborne molecular contaminants in the
semiconductor manufacturing process. If not precisely controlled,
contaminants can cause wafer defects and impact manufacturing
yields, as well as damage sensitive semiconductor manufacturing
equipment. According to Jean-Marc Pandraud, president and chief
operating officer of Mykrolis, Extraction's equipment and
consumable products are used on major lithography exposure tool and
track systems found in semiconductor fabs around the world. "The
addition of Extraction Systems will fit well with our existing gas
microcontamination control business and will increase our product
and technology offering in lithography, one of the most rapidly
growing areas in the semiconductor industry," said Pandraud. Devon
Kinkead, president of Extraction commented: "Joining Mykrolis
accelerates our plans to expand our service to our direct customers
in Japan, and end-user customers in Asia since we will be able to
leverage Mykrolis's extensive direct sales and support
organization. We have also gained immediate access to water
purification competencies critical to serving the needs of our
lithography customers as they extend their 193nm optical platforms
using immersion techniques." About Mykrolis Mykrolis develops and
manufactures fluid management and microcontamination control
components and integrated systems for the semiconductor industry.
The Company's product line comprises consumables and equipment that
measure, control and purify liquids, gases and chemicals critical
to the manufacturing process. In addition to the semiconductor
industry, the Company serves related markets including
manufacturers of flat panel displays, fiber optics, solar cells,
optical disks and data storage devices. Mykrolis is based in
Billerica, Massachusetts. For more information, visit
http://www.mykrolis.com/. About Extraction Systems Extraction
produces a wide range of molecular contamination measurement and
control products for ultraclean environments. Headquartered in
Franklin, Massachusetts, Extraction provides solutions to the
global microelectronics industry. For more information, visit
http://www.extractionsystemsinc.com/. CONTACT: Steve Cantor
Mykrolis Corporation Tel. 978-436-6500 DATASOURCE: Mykrolis
Corporation CONTACT: Steve Cantor of Mykrolis Corporation,
+1-978-436-6500, Web site: http://www.extractionsystemsinc.com/
http://www.mykrolis.com/
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