EX-99.1
2
fy09_8k09-172008pressrelease.htm
8K_09_17_2008_PRESS_RELEASE
fy09_8k09-172008pressrelease.htm
Exhibit
99.1
TEGAL
COMPLETES AGREEMENT TO ACQUIRE ALCATEL MICRO MACHINING (AMMS)
PRODUCT
LINES AND IP FOR 3D PACKAGING AND MEMS DEVICES
Petaluma, Calif., September 16,
2008 -
Tegal Corporation (NASDAQ: TGAL), a leading designer and
manufacturer of plasma etch and deposition systems, today announced that it had
completed its previously announced acquisition from Alcatel Micro Machining
Systems (AMMS) and Alcatel Lucent, of their Deep Reactive Ion Etch (DRIE) and
Plasma Enhanced Chemical Vapor Deposition (PECVD) products, and the related
intellectual property. Under the terms of the Asset Purchase
Agreement, dated September 2, 2008, Tegal paid $1,000,000 in cash and issued
1,044,386 shares of Tegal common stock.
About
Tegal
Tegal
provides process and equipment solutions to leading edge suppliers of LED,
optoelectronic, magnetic data storage, advanced semiconductor, MEMS, and
nanotechnology devices. Incorporating unique, patented etch and
deposition technologies, Tegal's system solutions are backed by over 35 years of
advanced development and over 100 patents. Some examples of devices
enabled by Tegal technology are energy efficient memories found in portable
computers, cellphones, PDAs and RFID applications; megapixel imaging chips used
in digital and cellphone cameras; power amplifiers for portable handsets and
wireless networking gear; and MEMS devices like accelerometers for automotive
airbags, microfluidic control devices for ink jet printers; and
laboratory-on-a-chip medical test kits. For more information about
Tegal Corporation, please visit: www.tegal.com
About
Alcatel Micro Machining Systems and Alcatel Lucent
Alcatel
Micro Machining Systems (AMMS) is a subsidiary of Alcatel-Lucent. AMMS is
specialized in designing, manufacturing, marketing and servicing Deep Reactive
Ion Etch (DRIE)
systems as well as
Plasma Enhanced Chemical Vapor Deposition (PECVD) systems for the fabrication of
MEMS (Micro Electro Mechanical Systems) and Semiconductor
devices. Its main application markets are the telecommunication,
automotive, aerospace, computer peripheral, biomedical industries and
semiconductors, including power devices and wafer level
packaging. For more information about AMMS, please visit:
www.alcatelmicromachining.com
Alcatel-Lucent
provides solutions that enable service providers, enterprises and governments
worldwide, to deliver voice, data and video communication services to
end-users. As a leader in fixed, mobile and converged broadband access,
carrier and enterprise IP technologies, applications, and services,
Alcatel-Lucent offers the end-to-end solutions that enable compelling
communications services for people at home, at work and on the move. With
77,000 employees and operations in more than 130 countries, Alcatel-Lucent
is a local partner with global reach. The company has the most experienced
global services team in the industry, and Bell Labs, one of the largest
research, technology and innovation organizations focused on communications.
Alcatel-Lucent achieved adjusted revenues of Euro 17.8 billion in 2007, and is
incorporated in France, with executive offices located in Paris. For
more information about Alcatel-Lucent, please visit:
www.alcatel-lucent.com
Investor
Contacts:
Tegal
Corporation
Thomas
Mika (President & CEO), 707/763-5600
or
The
Blueshirt Group
Chris
Danne, 415/217-7722
Editorial
Contact:
Erica
Beaudry
Impress
Public Relations
Ph:
602-687-7745
Erica@impress-pr.com

EX - 99 . 1 2 fy09 _ 8k09 - 172008pressrelease . htm 8K _ 09 _ 17 _ 2008 _ PRESS _ RELEASE fy09 _ 8k09 - 172008pressrelease . htm Exhibit 99 . 1 TEGAL COMPLETES AGREEMENT TO ACQUIRE ALCATEL MICRO MACHINING ( AMMS ) PRODUCT LINES AND IP FOR 3D PACKAGING AND MEMS DEVICES Petaluma , Calif . , September 16 , 2008 - Tegal Corporation ( NASDAQ : TGAL ) , a leading designer and manufacturer of plasma etch and deposition systems , today announced that it had completed its previously announced acquisition from Alcatel Micro Machining Systems ( AMMS ) and Alcatel Lucent , of their Deep Reactive Ion Etch ( DRIE ) and Plasma Enhanced Chemical Vapor Deposition ( PECVD ) products , and the related intellectual property . Under the terms of the Asset Purchase Agreement , dated September 2 , 2008 , Tegal paid $ 1,000,000 in cash and issued 1,044,386 shares of Tegal common stock . About Tegal Tegal provides process and equipment solutions to leading edge suppliers of LED , optoelectronic , magnetic data storage , advanced semiconductor , MEMS , and nanotechnology devices . Incorporating unique , patented etch and deposition technologies , Tegal 's system solutions are backed by over 35 years of advanced development and over 100 patents . Some examples of devices enabled by Tegal technology are energy efficient memories found in portable computers , cellphones , PDAs and RFID applications ; megapixel imaging chips used in digital and cellphone cameras ; power amplifiers for portable handsets and wireless networking gear ; and MEMS devices like accelerometers for automotive airbags , micro fluidic control devices for ink jet printers ; and laboratory - on - a - chip medical test kits . For more information about Tegal Corporation , please visit : www.tegal.com About Alcatel Micro Machining Systems and Alcatel Lucent Alcatel Micro Machining Systems ( AMMS ) is a subsidiary of Alcatel - Lucent . AMMS is specialized in designing , manufacturing , marketing and servicing Deep Reactive Ion Etch ( DRIE ) systems as well as Plasma Enhanced Chemical Vapor Deposition ( PECVD ) systems for the fabrication of MEMS ( Micro Electro Mechanical Systems ) and Semiconductor devices . Its main application markets are the telecommunication , automotive , aerospace , computer peripheral , biomedical industries and semiconductors , including power devices and wafer level packaging . For more information about AMMS , please visit : www.alcatelmicromachining.com Alcatel - Lucent provides solutions that enable service providers , enterprises and governments worldwide , to deliver voice , data and video communication services to end - users . As a leader in fixed , mobile and converged broadband access , carrier and enterprise IP technologies , applications , and services , Alcatel - Lucent offers the end - to - end solutions that enable compelling communications services for people at home , at work and on the move . With 77,000 employees and operations in more than 130 countries , Alcatel - Lucent is a local partner with global reach . The company has the most experienced global services team in the industry , and Bell Labs , one of the largest research , technology and innovation organizations focused on communications . Alcatel - Lucent achieved adjusted revenues of Euro 17.8 billion in 2007 , and is incorporated in France , with executive offices located in Paris . For more information about Alcatel - Lucent , please visit : www.alcatel-lucent.com Investor Contacts : Tegal Corporation Thomas Mika ( President & CEO ) , 707 / 763 - 5600 or The Blueshirt Group Chris Danne , 415 / 217 - 7722 Editorial Contact : Erica Beaudry Impress Public Relations Ph : 602 - 687 - 7745 Erica@impress-pr.com
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