INFICON Receives $1.2 Million Order for HAPSITE Chemical Detector From The U.S. Department of Defense
Syracuse, New York and Zurich, Switzerland - October 14, 2002 - INFICON Holding AG (SWX Swiss Exchange and NASDAQ: IFCN), a leading manufacturer of vacuum instrumentation and critical sensor technologies for the semiconductor and related industries and other industrial applications, has received a $1.2 million order for the HAPSITE Field Portable Gas Chromatograph/Mass Spectrometer from the U.S. Department of Defense. Most of the HAPSITE instruments will ship in the fourth quarter to the U.S. Air Force.
The HAPSITE Field Portable GC/MS is another example of INFICON expertise in gas sensing and vacuum technology. It is used for fast, on-site detection and analysis of chemical agents and toxic materials. INFICON has sold HAPSITE to the U.S. military, state and city governments for emergency response, and to a broad range of private sector customers for environmental applications such as hazardous waste site analysis and remediation, chemical process control, and industrial hygiene.
"Demand for HAPSITE has been escalating throughout 2002 driven by the U.S. Department of Defense need for immediate analysis of chemical agents in field operations at home and abroad," said James L. Brissenden, president and chief executive officer. "Based on input from the U.S. Department of Defense, we expect additional orders that will significantly grow HAPSITE revenues throughout 2003."
ABOUT INFICON
INFICON is a leading developer, manufacturer and supplier of innovative vacuum instrumentation and critical sensor technologies for the semiconductor and related industries. 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 and toxic chemical analysis to the air conditioning/refrigeration, emergency response and industrial hygiene markets. Headquartered in Syracuse, New York, INFICON has 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. For more information about INFICON and its products, please visit the Company's website at www.inficon.com.
HAPSITE is a registered trademark of INFICON.
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. Forward looking statements can be identified by the use of words such as "may?", "believe", "will", "expect", "project", "assume", "estimate", "anticipate", "plan" or "continue". These forward-looking statements address, among other things, our strategic objectives, trends in vacuum technology and in the industries that employ vacuum instrumentation, such as the semiconductor and related industries and the anticipated effects of these trends on our business. 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. Some of these risks and uncertainties are discussed in the Company's Annual Report on Form 20-F for fiscal 2001 and the Company's reports on Form 6-K filed with the Securities and Exchange Commission during 2002. As a consequence, our current and anticipated plans and our future prospects, results of operations and financial condition may differ from those expressed in any forward-looking statements made by or on behalf of our company. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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The HAPSITE Field Portable GC/MS is another example of INFICON expertise in gas sensing and vacuum technology. It is used for fast, on-site detection and analysis of chemical agents and toxic materials. INFICON has sold HAPSITE to the U.S. military, state and city governments for emergency response, and to a broad range of private sector customers for environmental applications such as hazardous waste site analysis and remediation, chemical process control, and industrial hygiene.
"Demand for HAPSITE has been escalating throughout 2002 driven by the U.S. Department of Defense need for immediate analysis of chemical agents in field operations at home and abroad," said James L. Brissenden, president and chief executive officer. "Based on input from the U.S. Department of Defense, we expect additional orders that will significantly grow HAPSITE revenues throughout 2003."
ABOUT INFICON
INFICON is a leading developer, manufacturer and supplier of innovative vacuum instrumentation and critical sensor technologies for the semiconductor and related industries. 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 and toxic chemical analysis to the air conditioning/refrigeration, emergency response and industrial hygiene markets. Headquartered in Syracuse, New York, INFICON has 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. For more information about INFICON and its products, please visit the Company's website at www.inficon.com.
HAPSITE is a registered trademark of INFICON.
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. Forward looking statements can be identified by the use of words such as "may?", "believe", "will", "expect", "project", "assume", "estimate", "anticipate", "plan" or "continue". These forward-looking statements address, among other things, our strategic objectives, trends in vacuum technology and in the industries that employ vacuum instrumentation, such as the semiconductor and related industries and the anticipated effects of these trends on our business. 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. Some of these risks and uncertainties are discussed in the Company's Annual Report on Form 20-F for fiscal 2001 and the Company's reports on Form 6-K filed with the Securities and Exchange Commission during 2002. As a consequence, our current and anticipated plans and our future prospects, results of operations and financial condition may differ from those expressed in any forward-looking statements made by or on behalf of our company. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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