SÜSS MicroTec AG

Acquisition of Tamarack Scientific Co. Inc. - Expansion of Technology Competence in Photolithography

SÜSS MicroTec AG / Key word(s): Enterprise/
SÜSS MicroTec AG: Acquisition of Tamarack Scientific Co. Inc. -
Expansion of Technology Competence in Photolithography

DGAP-Media / 29.03.2012 / 23:24

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PRESS RELEASE

Acquisition of Tamarack Scientific Co. Inc. - Expansion of Technology
Competence in Photolithography

Garching, Germany, March 29, 2012 - SUSS MicroTec, a leading supplier of
equipment and process solutions for the semiconductor industry and related
markets, announces the acquisition of Tamarack Scientific Co. Inc.
(Tamarack), Corona, California, USA. Today both parties signed a
corresponding purchase agreement. The agreement stipulates the purchase of
100% of Tamarack´s shares for a total price of $ 9.34 million plus an
additional variable earn-out component which depends on the development of
revenues for the upcoming three financial years.

The requirement for more functionality and higher performance of electronic
devices drives the increasing performance needs for semiconductor
components and higher complexity at the same time. This trend will prevail
in the future requiring the adoption of innovative technologies in the
semiconductor backend. In the last two years necessary initiatives were
undertaken to focus and reposition SUSS MicroTec to ensure that the company
will remain in a position to respond to market and customer requirements in
a fast and flexible manner. A further strategic step is the recent
acquisition of Tamarack Scientific.

Tamarack develops, manufactures and distributes UV projection lithography
systems as well as laser micro-structuring tools for the Advanced
Packaging, 3D Integration, MEMS and LED markets. These systems are used in
high volume industrial manufacturing as well as research and development.
With the acquisition of Tamarack, SUSS MicroTec is pursuing a consolidation
strategy in the semiconductor backend equipment industry by complementing
its exposure technology portfolio with projection lithography.

´With this acquisition, we enlarge our company´s lithography segment by
adding a new product line and core technology, both of which are highly
complementary to our existing exposure capability.´ says Frank P. Averdung,
President and CEO of SÜSS MicroTec AG. ´SUSS MicroTec thereby becomes the
leading backend lithography equipment and solution provider by offering the
most comprehensive set of products and technologies to the market.  This
enables us to uniquely satisfy a range of customer´s needs and allows us to
offer a broad product range to meet the different price and performance