GSI Lumonics Inc. announced the receipt of multiple orders in December for additional M430 WaferRepair Systems from one of the world's leading semiconductor producers. The total value of these orders is more than $7 million. Supporting both 300mm and 200mm wafers, the M430 features industry leading precision and throughput for processing advanced SRAM, DRAM, logic and System-on-a-Chip devices.

Two of the systems were installed in December and the remainder will be shipped in the first quarter of this year. "While this does not mean the downturn in the semiconductor industry has ended, our laser systems have been judged leading technology by the industry's leaders," said Charles Winston, President & CEO. "It gives us confidence that GSI Lumonics will fare well as the technology leaders continue to invest in new production tools for production of memory chips."

GSI Lumonics Inc. supplies advanced laser systems, components and services to semiconductor, electronics and other markets, and precision optics for telecommunications networks.

For more information, visit www.gsilumonics.com.

Mon Jan 07 08:40:00 CST 2002