First Implementation of Asyst's Performance Automation(TM) Architecture Reflects Toshiba's Commitment to Maximize Fab Productivity and Return-on-InvestmentFREMONT, Calif.—(BUSINESS WIRE)—June 17, 2004— Asyst Technologies, Inc. (Nasdaq: ASYT) announced today that Toshiba Corporation, one of the world's largest vertically integrated manufacturers of electronic products, has selected Asyst's Performance Automation Architecture for Toshiba's new 300mm fab in Oita, Japan. Asyst's Performance Automation Architecture combines AMHS, atmospheric loadports, RFID tracking and Automation Optimization software and services to provide Toshiba with the industry's most integrated fab automation system to date.
Mr. Kuniaki Kumamaru, General Manager, Oita Operations of Toshiba Corporation said, "Toshiba is focused on both high quality and high efficiency in all that we do. By standardizing around a single supplier with best-of-breed automation solutions, Toshiba can streamline operator training, technical support, and service while minimizing the downtime and inefficiency caused by interoperability issues in a fragmented automation system. We selected Asyst because of their technical performance, best-of-breed status across the range of these solutions, and deep experience in automation. We believe this relationship will provide substantial value to Toshiba Corporation by helping us bring up our automation capability quickly and improving productivity substantially over the life of the factory."
Toshiba selected Automated Material Handling Systems (AMHS) from Asyst Shinko, Inc., Asyst's 51%-owned joint venture in Japan, Asyst's IsoPort(TM) next-generation 300mm loadport, and Asyst's AdvanTag(TM) radio-frequency identification (RFID) system as preferred tools of record for the new fab. As a result, Asyst expects to provide more than 50% of the total loadports in the fab as well as all material transport and work-in-process materials tracking. Asyst also was selected to provide comprehensive installation and integration of all of these automation systems, coupled with Asyst's Automation Optimization Service, which delivers ongoing productivity improvements by optimizing the interoperability of the AMHS and other fab equipment. Asyst will take responsibility for the interoperability of the AMHS with both Asyst and non-Asyst loadports, which is a first in the industry. This allows Asyst to guarantee the level of uptime and ultimately the productivity of the entire fab automation system, while providing Toshiba with one point of contact and accountability for automation performance.
Steve Schwartz, chairman and CEO of Asyst, said, "Toshiba recognizes that, given the speed and efficiency of modern process and metrology equipment, the greatest opportunity for productivity gains today is through reduction of the time material spends waiting and moving between process steps. Toshiba further recognizes that well-conceived and continually optimized automation is the key to realizing this opportunity. We greatly appreciate that Toshiba, one of the world's most successful electronics companies, has entrusted its automation to Asyst and we look forward to helping this great customer realize the substantial competitive advantages provided by its progressive automation strategy. Toshiba's qualification and selection of Asyst's entire automation offering reflects the strength of these solutions and of our long relationship as an automation provider to Toshiba."
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 investments 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, or OEMs, to select and employ the value-assured, hands-off manufacturing capabilities that best suit their needs. Asyst's homepage is http://www.asyst.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
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: failure to achieve expected product performance or productivity, changes in expected business opportunities and continuing customer relationships, customer delay, reduction, acceptance or cancellation of planned projects, bookings, or opportunities (and thus the delay, reduction or cancellation in our anticipated bookings or revenue), and other factors more fully detailed in the company's annual report on Form 10-K for the year ended March 27, 2004, filed with the Securities and Exchange Commission.
"Asyst" is a registered trademark of Asyst Technologies, Inc. "Performance Automation," "IsoPort" and "AdvanTag" are trademarks of Asyst Technologies, Inc. All Rights Reserved
Asyst Technologies, Inc. Pamela Mah, 510/661-5000 (Media) Email Contact John Swenson, 510/661-5000 (Investors)