INFICON Acquires Maxtek Inc.
Acquisition Further Strengthens INFICON Position in the Optical Coating Market
Zurich, Switzerland/ Syracuse, New York — May 31, 2007 — INFICON (SWX Swiss Exchange: IFCN), a leading manufacturer of instrumentation and process control software for the semiconductor and vacuum-coating industries and other industrial applications, has acquired the assets of Maxtek Inc., a developer and manufacturer of innovative thin film deposition measurement and Quartz Crystal Microbalance (QCM) measurement instruments and accessories. The acquisition further strengthens the company’s leading position for measurement and control products in the optical coating market, already an important area for INFICON.
“Our acquisition of Maxtek is a strategic addition to INFICON’s existing product portfolio,” Lukas Winkler, president and chief executive officer, commented. “We will continue to offer the high quality Maxtek instruments customers rely on. Maxtek’s strong reputation and its products complement INFICON instruments, enabling us to provide a more complete product range for thin film coating processes which are vital for the manufacturing of eyeglasses and precision optic products. This is a further step of the initiative we began last year with the acquisition of our raw quartz crystal supplier to maximize the contribution of these long-standing INFICON products and better serve our customers.
Founded in 1969, Maxtek is a developer and manufacturer of innovative, quality thin film deposition measurement and Quartz Crystal Microbalance (QCM) measurement instruments and accessories, including quartz crystals, thin film deposition monitors, thin film controllers, and accessories. The company, located in Cypress, California, USA, with about 25 employees, was the first company to produce digital equipment for thin film deposition processes and sciences.
Terms of the transaction were not disclosed.
ABOUT INFICON
INFICON is a leading developer, manufacturer and supplier of innovative instrumentation, critical sensor technologies, and advanced process control software for the semiconductor and vacuum-coating industries and other industrial applications. These analysis, measurement and control products are vital to original equipment manufacturers (OEMs) and end-users in the complex manufacturing of semiconductors, flat panel displays, magnetic and optical storage media and precision optics. INFICON also provides essential instrumentation for gas leak detection to the air conditioning/refrigeration industries and toxic chemical analysis for the emergency response and security markets. INFICON has world-class manufacturing facilities in the United States and Europe and worldwide offices in the U.S., China, France, Germany, Japan, Korea, Liechtenstein, Singapore, Switzerland, Taiwan, and the United Kingdom. INFICON is a publicly listed company, registered with the Swiss Stock Exchange (SWX). For more information about INFICON and its products, please visit www.inficon.com.
This press release and oral statements or other written statements made, or to be made, by us contain forward-looking statements that do not relate solely to historical or current facts. These forward-looking statements are based on the current plans and expectations of our management and are subject to a number of uncertainties and risks that could significantly affect our current plans and expectations, as well as future results of operations and financial condition. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Zurich, Switzerland/ Syracuse, New York — May 31, 2007 — INFICON (SWX Swiss Exchange: IFCN), a leading manufacturer of instrumentation and process control software for the semiconductor and vacuum-coating industries and other industrial applications, has acquired the assets of Maxtek Inc., a developer and manufacturer of innovative thin film deposition measurement and Quartz Crystal Microbalance (QCM) measurement instruments and accessories. The acquisition further strengthens the company’s leading position for measurement and control products in the optical coating market, already an important area for INFICON.
“Our acquisition of Maxtek is a strategic addition to INFICON’s existing product portfolio,” Lukas Winkler, president and chief executive officer, commented. “We will continue to offer the high quality Maxtek instruments customers rely on. Maxtek’s strong reputation and its products complement INFICON instruments, enabling us to provide a more complete product range for thin film coating processes which are vital for the manufacturing of eyeglasses and precision optic products. This is a further step of the initiative we began last year with the acquisition of our raw quartz crystal supplier to maximize the contribution of these long-standing INFICON products and better serve our customers.
Founded in 1969, Maxtek is a developer and manufacturer of innovative, quality thin film deposition measurement and Quartz Crystal Microbalance (QCM) measurement instruments and accessories, including quartz crystals, thin film deposition monitors, thin film controllers, and accessories. The company, located in Cypress, California, USA, with about 25 employees, was the first company to produce digital equipment for thin film deposition processes and sciences.
Terms of the transaction were not disclosed.
ABOUT INFICON
INFICON is a leading developer, manufacturer and supplier of innovative instrumentation, critical sensor technologies, and advanced process control software for the semiconductor and vacuum-coating industries and other industrial applications. These analysis, measurement and control products are vital to original equipment manufacturers (OEMs) and end-users in the complex manufacturing of semiconductors, flat panel displays, magnetic and optical storage media and precision optics. INFICON also provides essential instrumentation for gas leak detection to the air conditioning/refrigeration industries and toxic chemical analysis for the emergency response and security markets. INFICON has world-class manufacturing facilities in the United States and Europe and worldwide offices in the U.S., China, France, Germany, Japan, Korea, Liechtenstein, Singapore, Switzerland, Taiwan, and the United Kingdom. INFICON is a publicly listed company, registered with the Swiss Stock Exchange (SWX). For more information about INFICON and its products, please visit www.inficon.com.
This press release and oral statements or other written statements made, or to be made, by us contain forward-looking statements that do not relate solely to historical or current facts. These forward-looking statements are based on the current plans and expectations of our management and are subject to a number of uncertainties and risks that could significantly affect our current plans and expectations, as well as future results of operations and financial condition. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.