MIDDLEFIELD, CT, Dec 19, 2007 (MARKET WIRE via COMTEX News Network) -- Zygo Corporation's (NASDAQ: ZIGO) Metrology Division announced
orders exceeding $7 million today for their OneShot™ and
ClearShot™ process control products. The orders were from
multiple fabs and spread equally between the two products.
"We are pleased with the positive response our new ClearShot™
product has received from our display customers," said Brian Monti,
Senior Vice President and General Manager of ZYGO's Display Solutions
Business Unit. "Combined with our established OneShot™ tool, we
are enthusiastic about the ability of both products to deliver
yield-enhancing solutions to our customers."
ZYGO's OneShot™ product is a color filter metrology tool used for
process analysis and in-line control of critical manufacturing
processes like one-drop fill. Since introduction, ZYGO has installed
over 60 OneShot™ tools in LCD fab applications, ranging in size
from G3 - G8. Initially used for Photo Spacer height measurement and
feed-forward control of the ODF (One Drop Fill) process, the product
use has expanded to include the simultaneous measurement of other key
parameters such as film thickness, critical 2D dimensions, and
vertical alignment features.
The ClearShot™ tool represents ZYGO's newest product offering, and
performs 2D and 3D review of yield robbing particles in the cell
process, improving the efficiency of repair equipment that eliminates
these particles from the process. The tool operates as an in-line
review tool, accepting and acting upon automated optical inspection
information to review and sort out particles that will damage the
panel (killer defects) from those that will have no quality impact.
These "judgment rules" allow panel makers to enhance the throughput
of their production lines, and enable the use of fewer repair tools.
Zygo Corporation is a worldwide supplier of optical metrology
instruments, precision optics, and electro-optical design and
manufacturing services, serving customers in the semiconductor
capital equipment and industrial markets.
All statements other than statements of historical fact included in
this news release regarding our financial position, business strategy,
plans, anticipated sales, orders, and growth rates, market
opportunities, and objectives of management of the Company for future
operations are forward-looking statements. Forward-looking
statements are intended to provide management's current expectations
or plans for the future operating and financial performance of the
Company based upon information currently available and assumptions
currently believed to be valid. Forward-looking statements can be
identified by the use of words such as "anticipate," "believe,"
"estimate," "expect," "intend," "plans," "strategy," "project," and
other words of similar meaning in connection with a discussion of
future operating or financial performance. Actual results could
differ materially from those contemplated by the forward-looking
statements as a result of certain factors. Among the important
factors that could cause actual events to differ materially from
those in the forward-looking statements are fluctuations in capital
spending of our customers, fluctuations in net sales to our major
customer, manufacturing and supplier risks, dependence on timing and
market acceptance of new product development, rapid technological
and market change, risks in international operations, dependence on
proprietary technology and key personnel, length of the sales cycle,
environmental regulations, and fluctuations in our stock price. Zygo
Corporation undertakes no obligation to publicly update or revise
forward-looking statements to reflect events or circumstances after
the date of this news release. Further information on potential
factors that could affect Zygo Corporation's business is described in
our reports on file with the Securities and Exchange Commission,
including our Form 10-K for the fiscal year ended June 30, 2007.
For Further Information Call:
Walter A. Shephard
Vice President Finance, CFO, and Treasurer
SOURCE: Zygo Corporation