Ultratech opens Singapore international headquarters

San Jose, CA--Ultratech (Nasdaq: UTEK), a supplier of lithography and laser-processing systems used to manufacture semiconductor devices and high-brightness LEDs (HB-LEDs), announced the opening of its Singapore international headquarters. To better serve its large customer base in Asia, the Ultratech Singapore operations will include engineering and manufacturing for its lithography systems and other related products.

These products include lithography steppers for advanced packaging and HB-LEDs, and modules for the laser spike anneal (LSA) systems. Ultratech's international sales and service operations will also be headquartered in the Singapore facility. The company's laser processing systems will continue to be manufactured at its facility in San Jose, CA.

The grand opening event for the Singapore operations will be held on December 6, 2010 with manufacturing of lithography systems from the Singapore facility planned to begin in late 2010 with the first tool shipments to customers scheduled for the first quarter of 2011.

Ultratech Chairman and CEO Arthur W. Zafiropoulo said, "Our corporate objective has been, and continues to be, to provide our customers with leading-edge technology at the lowest cost-of-ownership for high-volume manufacturing. We are continuously looking for ways to provide our customers with even better service and more cost-effective solutions. With many of our customers located in the Pacific Rim, we are pleased to announce the opening of our Singapore international operations headquarters to further our objective. The new Singapore facility will help Ultratech achieve our commitment to meet our international customers' needs with advanced technology and state-of-the-art manufacturing solutions."

The Singapore operations are located at #02-01, 1 Kaki Bukit View, Techview, Singapore 41 5941.

SOURCE: Ultratech; http://ir.ultratech.com/releasedetail.cfm?ReleaseID=531525

Posted by:Gail Overton

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