|ZYGO EXPANDS BUSINESS FOR ITS MOTION CONTROL SYSTEMS|
MIDDLEFIELD, CONNECTICUT (December 5, 1997)......Zygo Corporation (NASDAQ:ZIGO) announced today that it has received a nearly $2.0 million order for its ZMI family of motion control systems. ZYGO's ZMI motion control systems utilize displacement measuring interferometry to precisely position stages and other component parts in photolithography systems, including semiconductor chip and reticle production systems and memory repair systems, as well as in a variety of precision machine tools.
Expanding its OEM presence is key to its strategy for motion control systems. ZYGO's president and CEO, Gary K. Willis, commented, "This order is substantial in that it is a clear sign that our strategy of broadening our OEM base of business is working."
Robert A. Smythe, a ZYGO vice president and director of sales and marketing added, "ZYGO continues to have success in winning new OEMs in part due to our strategy of providing fully integrated and packaged OEM solutions. Our internal capabilities in the areas of laser and optics design, packaging, and fabrication provide us with a unique competitive advantage and our intense research and development program has led to a substantial number of patented innovations over the past several years."
Zygo Corporation designs, develops, manufactures, and markets high performance measurement and yield improvement instruments, systems, and accessories used in high technology industries. The Company is headquartered in Middlefield, Connecticut, and also has operations in Asslar, Germany; Longmont, Colorado; and in Newbury Park, Sunnyvale, and Simi Valley, California.
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company's current judgment on certain issues. Because such statements apply to future events, they are subject to risks and uncertainties that could cause the actual results to differ materially. Important factors which could cause actual results to differ materially are described in the Company's reports on Form 10-K and 10-Q on file with the Securities and Exchange Commission.
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