HPL Technologies, Inc. (HPL) - 500 Beiträge pro Seite

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Profile:HPL Technologies, Inc. (HPL) provides yield-optimization software that enables semiconductor companies to enhance the efficiency of the semiconductor production process. The Company`s products include a flexible software platform supported by over 600 software modules, which allow customers to accelerate the process in which they identify, and measure and correct sources of failure in the production process. By accelerating this learning and corrective process, HPL enables its customers to recognize the higher levels of revenue and profitability that are typically associated with the early part of a new semiconductor product cycle. Identifying production failures early in a semiconductor product cycle also allows customers to improve the quality of their products, reduce production costs and meet volume production requirements in a timely manner.

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HPL TECHNOLOGIES

Erstellungsdatum: 26.07.2001
vor. Erstnotiz: 31.07.2001
Börse: Nasdaq
Ticker: HPLA
Branche: Halbleiter
Sparte: Fehlerminimierung
Kurzprofil: HPL vermarktet Software für Chip-Hersteller. Mit den Programmen des Unternehmens können Fehlerquellen bei der Entwicklung neuer Halbleiter aufgedeckt und beseitigt werden. Dadurch wird der Entwicklungs- prozess beschleunigt – die Markteinführung neuer Halbleiter kann schneller erfolgen.
Mitarbeiterzahl: 33
Homepage:http://www.hpl.com
Konkurrenz: Consilium
KLA-Tencor
PDF Solutions
Kunden: Advanced Micro Devices, Dominion Semiconductor, FASL, Fujitsu Microelectronics, LSI Logic, ST Microelectronics, Silicon Storage Technology, Teradyne, Toshiba
Konsortialbanken: UBS Warburg
Dain Rauscher Wessels
Wit SoundView
Adams, Harkness & Hill
Bookbuilding-Spanne: 10 bis 12 Dollar
Geplantes
Emissionsvolumen: 6,0 Millionen Aktien
Ausstehende Aktien
insgesamt: 23,8 Millionen
Ende Geschäftsjahr: 31.03.
Umsatz in Mio. $ 1998 1999 2000
0,1 3,7 13,4
Ergebnis in Mio. $ 1998 1999 2000
-0,1 -3,5 +0,5


© 26.07.2001 www.stock-world.de

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HPL Technologies Reports Revenue Growth of 188% for the First Quarter of 2002
SAN JOSE, Calif., Aug. 27 /PRNewswire/ -- HPL Technologies Inc. (Nasdaq: HPLA - news), a leading provider of yield optimization software solutions for semiconductor manufacturers, today announced results for the first quarter ended June 30, 2001. On July 31, 2001, HPL commenced trading of its common stock on the Nasdaq National Market in an initial public offering with the sale of 6,000,000 common shares at $11 per share. In addition, on August 22, 2001, the underwriters exercised their over-allotment option and purchased 900,000 additional shares at $11 per share. Cash proceeds from the offering, net of the underwriters` fees, totaled approximately $70.6 million.

HPL recorded revenues of $5.6 million for the first quarter of fiscal 2002, an increase of 188% from revenues of $1.9 million reported for the same period in fiscal 2001, and a sequential increase of 25% from $4.4 million in the prior quarter ended March 31, 2001.

Excluding expenses associated with the amortization of deferred stock compensation, the Company reported pro forma net income for the first quarter of $1.4 million or $0.05 per diluted share, as compared to a pro forma net income of $443,000, or $0.02 per diluted share for the same period in 2001, and pro forma net income of $826,000, or $0.03 per diluted share in the prior quarter ended March 31, 2001.

Including expenses associated with the amortization of deferred stock compensation, net income for the first quarter of 2002 was $426,000 or $0.02 per diluted share, as compared to a net loss of $261,000, or $0.02 per diluted share, for the same period in 2001, and net income of $564,000, or $0.02 per diluted share in the previous quarter.

``HPL continues to generate strong revenue growth while improving its track record of maintaining a high margin operating model and profitability,`` said David Lepejian, HPL`s President and CEO. ``Our financial performance reflects the semiconductor industry`s growing interest in HPL`s robust yield optimization technology, and is indicative of the accelerating trend towards integrated third-party yield-optimization software tools in semiconductor manufacturing.``

Mr. Lepejian continued, ``Despite the challenging environment facing our customers, HPL continues to expand within its existing customer base while cultivating new client partnerships with companies who obviously recognize the value of our solutions.

``HPL is well-positioned to extend its market reach in the semiconductor industry, with its strong customer base, and extensive and customizable software solutions. With the resources now available to us, we are focused on continuing the expansion of our worldwide presence and technology leadership position through our diligent investments in research and development, and sales and marketing. We believe that our commitment to maintaining growth and profitability in the course of executing our plan will enhance shareholder value,`` Mr. Lepejian concluded.

Earnings Conference Call

HPL will host a conference call to discuss first quarter results today at 1:30 p.m. Pacific Time/4:30 p.m. Eastern Time. The call can be accessed via the Internet at www.hpl.com under the investor relations section ``Calendar of Events`` or by dialing 1-800-834-5979 in the U.S.A. and [phone] Internationally.

About HPL

HPL is a leading provider of yield optimization software solutions that enable semiconductor companies to enhance the efficiency of the semiconductor production process which consists of design fabrication and test. The Company`s products include a flexible software platform supported by over 600 software modules that allow its customers to accelerate the process in which they identify, measure and correct sources of failure in the production process. By accelerating this process, HPL enables its customers to recognize the higher levels of revenue and profitability that are typically associated with the early part of a new semiconductor product cycle and to improve product quality and production efficiency.

This press release contains forward-looking statements. The forward-looking statements, which reflect management`s best judgment based on factors currently known, involve a number of risks and uncertainties, including the following: customer concentration, competition, acceptance of our products and technology, downturn in the semiconductor industry and the nature of our sales cycle. These factors and other risks inherent in our business are described in our Registration Statement on Form S-1 and in other reports that the Company files from time to time with the Securities and Exchange Commission and in other press releases and other communications. Actual results may vary materially. The Company undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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HPL TECHNOLOGIES, INC.
Pro Forma Condensed Consolidated Statements Of Operations
(in thousands, except per share data)
(unaudited)

Three Months Ended
June 30, 2001 June 30, 2000

Revenues:
Software licenses $4,986 $1,311
Consulting services, maintenance
and other 571 616
Total revenues 5,557 1,927

Cost of revenues:
Software licenses 241 13
Consulting services, maintenance
and other 86 148
Total cost of revenues 327 161
Gross profit 5,230 1,766

Operating expenses:
Research and development 1,158 951
Sales and marketing and general and
administrative 2,089 986
Total operating expenses 3,247 1,937

Income (loss) from operations 1,983 (171)
Interest expense and other income,
net (52) (71)

Income (loss) before income taxes 1,931 (242)
Provision for (benefit from) income
taxes 500 (685)

Pro forma net income $1,431 $443

Pro forma earnings per share:
Basic $0.08 $0.03
Diluted $0.05 $0.02

Shares used in computing per share
amounts:
Basic 17,836 17,095
Diluted 28,151 27,792


Pro forma statements of operations are intended to present the company`s
operating results, excluding amortization of non-cash items resulting from
the revaluation of stock options, warrants and convertible debenture.

The format presented above is not in accordance with Generally Accepted
Accounting Principles.

HPL TECHNOLOGIES, INC.
Reconciliation of Pro Forma Net Income to Reported Results
(in thousands, except per share data)
(unaudited)

Three Months Ended
June 30, 2001 June 30, 2000

Pro forma net income $1,431 $443

Stock-based compensation 1,005 704

Reported net income $426 $(261)

HPL TECHNOLOGIES, INC.
Condensed Consolidated Statements of Operations
(in thousands, except per share data)
(unaudited)

Three Months Ended
June 30, 2001 June 30, 2000
Revenues:
Software licenses $4,986 $1,311
Consulting services, maintenance
and other 571 616
Total revenues 5,557 1,927

Cost of revenues:
Software licenses 241 13
Consulting services, maintenance
and other 86 148
Total cost of revenues 327 161
Gross profit 5,230 1,766

Operating expenses:
Research and development 1,158 951
Sales and marketing and general and
administrative 2,089 986
Stock-based compensation 1,005 704
Total operating expenses 4,252 2,641

Income (loss) from operations 978 (875)
Interest expense and other income, net (52) (71)

Income (loss) before income taxes 926 (946)
Provision for (benefit from) income
taxes 500 (685)

Net income (loss) $426 $(261)

Net income (loss) per share-diluted
Basic $0.02 ($0.02)
Diluted $0.02 ($0.02)

Shares used in computing per share
amounts:
Basic 17,836 17,095
Diluted 28,151 17,095


HPL TECHNOLOGIES, INC.
Condensed Consolidated Balance Sheets
(in thousands)
(unaudited)

June 30, 2001 March 31, 2001
Assets:
Current Assets:
Cash and cash equivalents $9 $989
Accounts receivable, net 10,079 4,828
Prepaid expenses and other
current assets 571 92
Notes receivable 750 750
Deferred taxes 129 129

Total current assets 11,538 6,788

Property and equipment, net 472 478
Intangible assets, net 25 32
Other assets 193 206
Total assets $12,228 $7,504

Liabilities and stockholders` equity
Current liabilities
Accounts payable $1,108 $415
Accrued liabilities 2,800 1,045
Income taxes payable 2,052 1,552
Deferred revenue 2,579 2,407
Other liabilities-current portion 266 62
Convertible debenture 1,500 1,500

Total current liabilities 10,305 6,981

Other liabilities, net of current
portion 270 295

Total liabilities 10,575 7,276

Stockholders` equity 1,653 228
Total liabilities and
stockholders` equity $12,228 $7,504

SOURCE: HPL Technologies Inc.

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Newly public HPL reports profit
By Tim Eaton, CBS MarketWatch
Last Update: 6:26 PM ET Aug. 27, 2001




SAN JOSE, Calif. (CBS.MW) - In its first financial report since going public July 31, HPL Technologies reported earnings Monday of 2 cents a share for the first quarter of 2001, compared with a loss of 2 cents a share in the same quarter last year.





The company, which provides yield-optimization software for semiconductor companies, reported net income of $426,000, or 2 cents a share, on revenue of $5.56 million for the quarter ended June 30. During the same period last year, net loss was $261,000, or 2 cents a share, on revenue of $1.92 million.

In a July 31 initial public offering, HPL (HPLA: news, chart, profile) offered 6 million shares at $11 each. On Monday shares closed even at $12.64, off its high of $12.83. In action after hours, the stock picked up 95 cents, or 7.5 percent.

Excluding one-time items and amortization, net income was $1.4 million, or 5 cents a share, compared with pro forma net income of $443,000, or 2 cents a share, during the same quarter last year.

HPL`s customers include Advanced Micro Devices, Applied Micro Circuits, Fujitsu, IBM, Infineon Technologies, Lucent, Motorola, National Semiconductor and Toshiba.

President and CEO David Lepejian said on a conference call that he expects the company to earn 4 cents a share in the second quarter with a revenue increase between 20 and 25 percent.

[ciena]

29.08. 09:18
Tech-Unternehmen: 2 x Strong Buy, 1 x Buy
--------------------------------------------------------------------------------
(©BörseGo - http://www.boerse-go.de)

HPL Tech. wird durch Soundview (Kursziel $18) und Adam Harkness (Kursziel $20) weiterhin mit Strong Buy eingestuft.

UBS Warburg bekräftigt das Buy Rating mit Kursziel $20 für HPL.

*Alle drei Investmentbanken begleiteten HPL bei dem Gang an die Nasdaq.

HPL Tech. stellt Software für Halbleiter Unternehmen her, um deren Chip Produktionsprozess zu optimieren.

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HPL Technologies Ranked Among the Fastest Growing Silicon Valley Companies By San Jose Mercury News
HPL Technologies Also Places Third in List of Fastest Growing Companies That Grew Revenues and Turned a Profit
SAN JOSE, Calif., Sept. 25 /PRNewswire/ -- HPL Technologies Inc. (Nasdaq: HPLA - news), a leading provider of yield optimization solutions for semiconductor manufacturers, today announced that the San Jose Mercury News has named the company to its ``Silicon Valley 2001 Fastest 50 by Sales Growth`` list and to the ``Top 25 Companies That Grew Sales and Made Money`` list. The Fastest 50 list, compiled annually by the San Jose Mercury News, is regarded as a leading indicator for the fastest growing companies in Silicon Valley.

``HPL Technologies is honored to be recognized among Silicon Valley`s Fastest 50 by Sales Growth list and in the Top 25 Companies That Grew Sales and Made Money list,`` said David Lepejian, HPL`s president and CEO. ``Despite a difficult year for the global economy, we continue to meet our targets for revenue and profitability. Inclusion in the San Jose Mercury News Fastest 50 further highlights our ability to execute on our plan.``

According to Gartner Dataquest, estimates for the semiconductor industry project spending of approximately $13 billion a year in transforming chip design into an actual semiconductor. With the market estimated to grow on average about 20 percent a year over the next five years, HPL looks to capitalize on this growth by providing semiconductor designers and manufacturers with yield optimization tools that make a direct impact on their bottom line.

To determine the Fastest 50 list, the San Jose Mercury News compared the greatest rate of revenue growth over the most recent four quarters compared to the trailing four quarters a year ago for all public Silicon Valley companies. The income figures are those available to common shareholders and include discontinued operations, merger-related expenses, restructuring charges, dividends paid on preferred stock, as well as any amortized or non-recurring charges and gains.

About HPL

HPL is a leading provider of yield optimization software solutions that enable semiconductor companies to enhance the efficiency of the semiconductor production process that consists of design fabrication and test. The Company`s products include a flexible software platform supported by over 600 software modules that allow its customers to accelerate the process in which they identify, measure and correct sources of failure in the production process. By accelerating this process, HPL enables its customers to recognize the higher levels of revenue and profitability that are typically associated with the early part of a new semiconductor product cycle and to improve product quality and production efficiency.

This press release contains forward-looking statements. The forward-looking statements, which reflect management`s best judgment based on factors currently known, involve a number of risks and uncertainties, including the following: customer concentration, competition, acceptance of our products and technology, downturn in the semiconductor industry and the nature of our sales cycle. These factors and other risks inherent in our business are described in our Registration Statement on Form S-1 and in other reports that the Company files from time to time with the Securities and Exchange Commission and in other press releases and other communications. Actual results may vary materially. The Company undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

SOURCE: HPL Technologies Inc.

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HPL says it will beat Q2 consensus estimates
SAN JOSE, Calif., Oct 2 (Reuters) - HPL Technologies Inc. (NasdaqNM:HPLA - news), which makes software for semiconductor companies, on Tuesday said it would beat consensus earnings and revenue estimates for its fiscal second quarter.

Analysts expect the San Jose, California-based company to earn 4 cents per diluted share for the quarter, ended Sept. 30.

HPL did not specify why it expected to beat expectations or by how much. It said it would release its quarterly results after the market closes on October 24.

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HPL Technologies Reports Record Results for Fiscal Second Quarter 2002
Company Posts 112% Revenue Growth
Sixth Consecutive Quarter of Pro Forma Profitability
SAN JOSE, Calif., Oct. 24 /PRNewswire/ -- HPL Technologies Inc. (Nasdaq: HPLA - news), a leading provider of yield optimization software solutions for semiconductor manufacturers, today announced results for the second quarter ended September 30, 2001.

HPL recorded revenues of $7.0 million for the second quarter of fiscal 2002, an increase of 112% from revenues of $3.3 million reported for the same period in fiscal 2001, and a sequential increase of 26% from $5.6 million in the prior quarter ended June 30, 2001.

Excluding expenses associated with the amortization of deferred stock compensation, the Company reported pro forma net income for the second quarter of $1.9 million or $0.06 per diluted share, as compared to a pro forma net income of $1.2 million, or $0.04 per diluted share for the same period in 2001, and pro forma net income of $1.4 million, or $0.05 per diluted share in the prior quarter ended June 30, 2001.

Including expenses associated with the amortization of deferred stock compensation, net income for the second quarter of 2002 was $1.1 million or $0.04 per diluted share, as compared to a net income of $66,000, or $0.00 per diluted share, for the same period in 2001, and net income of $426,000, or $0.02 per diluted share in the previous quarter.

Revenue for the first six months of fiscal 2002 was $12.5 million, compared with $5.2 million for the same period in 2001, an increase of 140%. Pro forma net income for the first six months of fiscal 2002, excluding expenses associated with the amortization of deferred stock compensation, was $3.4 million or $0.11 per diluted share, compared with $1.6 million or $0.06 per diluted share for the same period in 2001. Net income for the first six months of fiscal 2002, including expenses associated with the amortization of deferred stock compensation, was $1.5 million or $0.05 per diluted share, compared with net loss of $195,000 or $(0.01) per diluted share for the same period in 2001.

``We delivered yet another outstanding quarter, this marks the Company`s 6th consecutive profitable quarter on a pro forma basis and its 10th consecutive quarter of increasing revenues,`` stated David Lepejian, CEO of HPL Technologies. ``Our overall performance was very strong which is a testament to the semiconductor industry`s continuing investment in technology-based solutions that are required for the manufacturing of system on silicon chips.

``Our employee base stands at 170 with the addition of 30 new employees added to sales, marketing and development. Going forward we anticipate our headcount will continue to grow in these organizations. A fundamental component of our strategy continues to be making investments world wide in order to provide our customers with world class yield optimization solutions. We will continue to execute our core business strategy of helping customers optimize their yields throughout the semiconductor design fabrication and test stages, while targeting a course of growth and profitability,`` Mr. Lepejian concluded.

Earnings Conference Call

HPL will host a conference call to discuss second quarter results today at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time. The call can be accessed via the Internet at www.hpl.com under the investor relations section ``Calendar of Events`` or by dialing 800-633-8298 in the U.S.A. or 212-341-7080 Internationally.

About HPL

HPL is a leading provider of yield optimization software solutions that enable semiconductor companies to enhance the efficiency of the semiconductor production process, which consists of design fabrication and test. The Company`s products include a flexible software platform that allow its customers to accelerate the process in which they identify, measure and correct sources of failure in the production process. By accelerating this process, HPL enables its customers to recognize the higher levels of revenue and profitability that are typically associated with the early part of a new semiconductor product cycle and to improve product quality and production efficiency. As of September 30, 2001, the Company had 170 employees.

This press release contains forward-looking statements. The forward-looking statements, which reflect management`s best judgment based on factors currently known, involve a number of risks and uncertainties, including the following: customer concentration, competition, acceptance of our products and technology, downturn in the semiconductor industry and the nature of our sales cycle. These factors and other risks inherent in our business are described in our Registration Statement on Form S-1 and HPL`s most recent quarterly statement on form 10-Q for the period ended June 30, 2001. Actual results may vary materially. The Company undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.


HPL TECHNOLOGIES, INC.
PRO FORMA CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
(unaudited)

Three Months Ended Six Months Ended
Sept 30, Sept 30, Sept 30, Sept 30,
2001 2000 2001 2000

Revenues:
Software
licenses $6,087 $2,955 $11,073 $4,266
Consulting
services,
maintenance
and other 895 342 1,466 958
Total revenues 6,982 3,297 12,539 5,224

Cost of revenues:
Software
licenses 501 19 742 32
Consulting
services,
maintenance
and other 33 181 119 329
Total cost of
revenues 534 200 861 361
Gross profit 6,448 3,097 11,678 4,863

Operating expenses:
Research and
development 1,454 757 2,612 1,708
Sales and
marketing
and general and
administrative 2,056 933 4,145 1,919
Total operating
expenses 3,510 1,690 6,757 3,627

Income (loss)
from operations 2,938 1,407 4,921 1,236
Interest expense
and other
income, net 318 (40) 266 (111)

Income (loss)
before income
taxes 3,256 1,367 5,187 1,125
Provision for
(benefit from)
income taxes 1,317 174 1,817 (511)

Pro forma
net income $1,939 $1,193 $3,370 $1,636

Pro forma
earnings
per share:
Basic $0.09 $0.07 $0.17 $0.10
Diluted $0.06 $0.04 $0.11 $0.06

Shares used in
computing
per share
amounts:
Basic 22,674 17,248 20,255 17,182
Diluted 31,794 26,830 29,497 26,667


Pro forma condensed statements of operations are intended to present the
company`s operating results, excluding amortization of stock-based
compensation.


The format presented above is not in accordance with Generally Accepted
Accounting Principles.


HPL TECHNOLOGIES, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
(unaudited)

Three Months Ended Six Months Ended
Sept 30, Sept 30, Sept 30, Sept 30,
2001 2000 2001 2000

Revenues:
Software
licenses $6,087 $2,955 $11,073 $4,266
Consulting
services,
maintenance
and other 895 342 1,466 958
Total revenues 6,982 3,297 12,539 5,224

Cost of revenues:
Software
licenses 501 19 742 32
Consulting
services,
maintenance
and other 33 181 119 329
Total cost of
revenues 534 200 861 361
Gross profit 6,448 3,097 11,678 4,863

Operating expenses:
Research and
development 1,454 757 2,612 1,708
Selling,
general and
administrative 2,056 933 4,145 1,919
Stock-based
compensation 818 1,127 1,823 1,831
Total operating
expenses 4,328 2,817 8,580 5,458

Income (loss)
from operations 2,120 280 3,098 (595)
Interest expense
and other
income, net 318 (40) 266 (111)

Income (loss)
before income
taxes 2,438 240 3,364 (706)
Provision for
(benefit from)
income taxes 1,317 174 1,817 (511)

Net income
(loss) $1,121 $66 $1,547 $(195)

Net income
(loss)
per share:
Basic $0.05 $0.00 $0.08 $(0.01)
Diluted $0.04 $0.00 $0.05 $(0.01)

Shares used in
computing
per share
amounts:
Basic 22,674 17,248 20,255 17,182
Diluted 31,794 26,830 29,497 17,182


HPL TECHNOLOGIES, INC.
RECONCILIATION OF PRO FORMA NET INCOME TO REPORTED RESULTS
(in thousands, except per share data)
(unaudited)

Three Months Ended Six Months Ended
Sept 30, Sept 30, Sept 30, Sept 30,
2001 2000 2001 2000

Pro forma
net income $1,939 $1,193 $3,370 $1,636

Stock-based
compensation 818 1,127 1,823 1,831

Reported net
income $1,121 $66 $1,547 $(195)


HPL TECHNOLOGIES, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share data)
(unaudited)

Sept 30, March 31,
2001 2001
Assets
Current assets:
Cash and cash equivalents $67,707 $989
Accounts receivable, net 10,585 4,828
Prepaid expenses and other
current assets 521 92
Notes receivable 750 750
Deferred taxes 129 129

Total current assets 79,692 6,788

Property and equipment, net 957 478
Intangible assets, net 18 32
Note receivable 2,745 --
Other assets 181 206
Total assets $83,593 $7,504

Liabilities and stockholders` equity
Current liabilities:
Accounts payable $1,883 $415
Accrued liabilities and other 2,124 1,107
Income taxes payable 3,369 1,552
Deferred revenue 2,318 2,407
Convertible debenture 1,500 1,500

Total current liabilities 11,194 6,981

Capital lease obligations,
net of current portion 85 95
Notes payable, net of
current portion -- 200
Total liabilities 11,279 7,276

Stockholders` equity:
Common stock 27 18
Additional paid-in capital 78,460 5,715
Deferred stock-based compensation (3,728) (1,512)
Accumulated deficit (2,445) (3,993)
Total stockholders` equity 72,314 228
Total liabilities and
stockholders` equity $83,593 $7,504

SOURCE: HPL Technologies, Inc.

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HPL Technologies and Virage Logic Alliance Reduces Chip Production Time, Cost
HPL Technologies` Yield Optimization Suite Strengthens Virage Logic`s Partner Program
SAN JOSE, Calif., Oct. 29 /PRNewswire/ -- HPL Technologies Inc. (Nasdaq: HPLA - news), a leading provider of yield optimization solutions for semiconductor manufacturers and fabless design companies, today announced that it has joined Virage Logic`s (Nasdaq: VIRL - news) Memory Alliance Program (MAP) as a provider of yield optimization solutions for the production of embedded memory. Virage Logic is the leading supplier of embedded memories for system-on-chip (SoC) devices. In July, Virage Logic announced the SRAM-based STAR Memory System(TM), which delivers high yield by integrating test and repair of embedded memories onto an SoC. By integrating HPL`s yield enhancement tools and services with the STAR Memory System, users can obtain higher manufacturing yields through failure analysis and optimization done during the design and manufacture of embedded memories.

``HPL`s expertise and technology in yield optimization solutions is second to none in the industry,`` according to Adam Kablanian, president and CEO of Virage Logic. ``We feel that HPL`s proven ability to significantly increase embedded memory yield will expand the embedded memory market and provide a significant value-add needed by our customers.``

``We are excited to join forces with Virage Logic to provide yield optimization solutions for system-on-chip design through their Memory Alliance Program,`` said David Lepejian, president and CEO of HPL Technologies. ``Our yield optimization tools have a proven track record of increasing volume shipments of chips containing embedded memory. Customers can directly increase the output of their semiconductor production -- that`s saving time and improving profitability for the bottom line.``

Yield Optimization Suite improves yield of STAR Memory System

There are two phases to HPL`s integration with Virage Logic`s STAR Memory System. The first is a service performed by HPL during memory design and pre-production to provide users with highly accurate projection of the SoC`s manufacturing yield. This data is used by Virage Logic to optimize the selection and implementation of the redundant elements within each STAR memory. The yield projection data can be used to make sound decisions to adjust the amount of redundancy in each memory to the optimal level for production. In addition, HPL`s layout analysis and realistic fault extraction software tools may be used to determine which memory defects are likely to occur and the STAR Memory System`s built-in self test capability can be programmed to detect those faults. During the second phase, HPL and Virage Logic will use actual production process data along with results from manufacturing test to further increase the test and repair of the memory in order to achieve the best balance of yield, reliability, testability and cost. This is typically done when a device goes into high volume production, and the production process is far more mature.

HPL`s yield enhancement tools are immediately available for Virage Logic STAR Memory System customers. Please contact your Virage Logic sales representative.

About Virage Logic

Virage Logic is a global technology and market leader in embedded memory. To meet customer design goals with the highest level of quality, Virage Logic products are silicon proven and production ready, and optimized for area, power and speed. These products include embedded memory cores, which are critical components of communications, consumer and computer products including switches, routers, modems, cellular phones, set-top boxes, HDTVs, DVD players and PCs. In addition, the company offers software tools and custom memory design services. The company`s customers include fabless semiconductor companies who use pure-play foundries and other semiconductor companies. Founded in January 1996, the company has over 200 employees and is located at 46501 Landing Pkwy., Fremont, Calif., 94538. Telephone: [phone] (toll free) or 510-360-8000. Fax: [phone]. For more information, please visit www.viragelogic.com.

About HPL

HPL is a leading provider of yield optimization software solutions that enable semiconductor companies to enhance the efficiency of the semiconductor production process, which consists of design fabrication and test. The Company`s products include a flexible software platform that allow its customers to accelerate the process in which they identify, measure and correct sources of failure in the production process. By accelerating this process, HPL enables its customers to recognize the higher levels of revenue and profitability that are typically associated with the early part of a new semiconductor product cycle and to improve product quality and production efficiency. As of September 30, 2001, the Company had 170 employees. For more information, please visit www.hpl.com.

This press release contains forward-looking statements. The forward-looking statements, which reflect management`s best judgment based on factors currently known, involve a number of risks and uncertainties, including the following: customer concentration, competition, acceptance of our products and technology, downturn in the semiconductor industry and the nature of our sales cycle. These factors and other risks inherent in our business are described in our Registration Statement on Form S-1 and HPL`s most recent quarterly statement on form 10-Q for the period ended June 30, 2001. Actual results may vary materially. The Company undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

SOURCE: HPL Technologies Inc.

[mr007]

hi panik,
hab sie schon lange auf meiner wl und bin von dem wachstum begeistert, doch die market cap von ca. $330 mio. bereitet mir gehörige bauchschmerzen!
hast du den die akt. cashbestand bei der hand?
denke bei $4-5 kann man mit einem guten gefühl long gehen!
mach weiter so!
mr007

[panik]

HPL Technologies Acquires FabCentric, Inc.
Combined Company Extends Market Position in Critical Segments of the Yield Optimization Market
Expands HPL`s Presence in the Worldwide Fabrication Facilities and Enhances Software Product Offering
SAN JOSE, Calif., Dec. 5 /PRNewswire/ -- HPL Technologies Inc. (Nasdaq: HPLA - news), a leading provider of yield optimization solutions for semiconductor manufacturers and fabless design companies, today announced it has acquired FabCentric, Inc., a privately held San Jose, California-based company offering productivity improvement and yield management software for fabrication facilities. The acquisition is HPL`s latest move to extend its market position in yield optimization solutions by broadening its productivity software solutions to fabs across the world.

As consideration for this acquisition, which closed today, HPL has issued 703,000 shares of common stock valued at $7.7 million and assumed approximately $3.0 million of net liabilities, including $750,000 owed to an affiliate of HPL. FabCentric will become a wholly owned subsidiary of HPL. This acquisition will be accounted for as a purchase and is currently expected to be earnings neutral for the balance of fiscal 2002, and accretive thereafter.

``This strategic acquisition should build upon HPL`s foundation of sustainable and profitable growth,`` said David Lepejian, president and CEO of HPL Technologies. ``We continue to position our business to meet the needs of the semiconductor industry as it ramps 300mm wafer fabrication. The multi-billion dollar investments that semiconductor companies make yearly in production facilities require ever-increasing factory efficiency. Yield optimization solutions, including analysis automation, advanced process control, real time process recipe management, and off-line recipe editing are demonstrated key contributors to gains in the overall equipment utilization, factory efficiency, and end of line yield.``

In addition to capitalizing on FabCentric`s already existing relationships with companies such as IBM, LSI Logic, PRI Automation and others, HPL will also add 20 employees in the acquisition bringing in expertise in engineering, sales, service and product development in the yield optimization sector.

Ying Shiau, currently CEO of FabCentric, will serve as director of HPL`s Product Marketing including HPL`s YIELDirector(TM) platform. Mr. Shiau brings to HPL over 20 years of semiconductor yield optimization experience from companies such as AMD and Cypress Semiconductor where he had served as Senior Director of Yield Enhancement and foundry operation groups.

Lucien Wagner, co-founder and President of FabCentric, will oversee the integration of FabCentric technology with HPL`s products and lead HPL`s efforts in the area of advanced process control (APC). The FabCentric research and development group will remain in its existing facilities in Newton, Massachusetts. This facility will also serve as HPL`s East Coast sales, marketing and support office.

``Our customers have asked us to work closely with HPL on technology integration; in doing so, we discovered a strong synergy between the teams,`` said Ying Shiau, CEO of FabCentric. ``HPL`s market in yield optimization solutions in combination with FabCentric`s Recipe Edit and Management product will enable the combined company to establish RME-300 as the de-facto industry standard.``

Mr. Lepejian added, ``The software tools acquired from FabCentric, including its core product Recipe Management Environment (RME) 300, allow HPL to further reduce yield loss, increase overall semiconductor equipment efficiency and unify user interfaces throughout the semiconductor manufacturing industry.``

About HPL

HPL is a leading provider of yield optimization software solutions that enable semiconductor companies to enhance the efficiency of the semiconductor production process, which consists of design fabrication and test. The Company`s products include a flexible software platform that allow its customers to accelerate the process in which they identify, measure and correct sources of failure in the production process. By accelerating this process, HPL enables its customers to recognize the higher levels of revenue and profitability that are typically associated with the early part of a new semiconductor product cycle and to improve product quality and production efficiency. As of September 30, 2001, the Company had 170 employees. For more information, please visit www.hpl.com.

About FabCentric

FabCentric, Inc., San Jose, CA, is a provider of production-proven productivity improvement software for the global IC industry. Its suite of Yield Management, OEE, SPC and Web Reporting solutions is now complemented by recipe editing capabilities. FabCentric currently has offices in San Jose CA, Newport Beach CA, Newton MA, HopeWell Junction NY, and Burlington VT.

This press release contains forward-looking statements. The forward-looking statements, which reflect management`s best judgment based on factors currently known, involve a number of risks and uncertainties, including the following: customer concentration, competition, acceptance of our products and technology, downturn in the semiconductor industry and the nature of our sales cycle. These factors and other risks inherent in our business are described in our Registration Statement on Form S-1 and HPL`s most recent quarterly statement on form 10-Q for the period ended September 30, 2001. Actual results may vary materially. The Company undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

SOURCE: HPL Technologies Inc.

[suxxx]

Was für eine AktiE!!!!!

GENIAL!!!!!!

[suxxx]

Was für ein chart!!!!!!!

[suxxx]

HPL Technologies Establishes Subsidiary in Japan
SAN JOSE, Calif., Jan. 16 /PRNewswire-FirstCall/ -- HPL Technologies Inc. (Nasdaq: HPLA - news), a leading provider of yield optimization solutions for semiconductor manufacturers and fabless design companies, today announced that it has further enhanced its ability to serve the Japanese market by establishing a Japanese subsidiary, HPL Japan, KK with headquarters in Shin-Yokohama, Japan. Tamio Ishikawa has been named president of the new subsidiary which employs 13 sales and support professionals.

``Establishing a local presence in Japan is essential to expanding our market share and providing support to our exiting customer base. We continue our solid distribution relationship with Canon and believe our move will further strengthen this relationship,`` stated David Lepejian, president and CEO of HPL. ``Japan continues to be a major market for HPL`s yield optimization solutions. Our direct presence in Japan will not only increase our service to existing customers but will benefit HPL with the addition of locally recruited sales, marketing, engineering and customer support professionals.``

Tamio Ishikawa brings over 30 years of experience in the semiconductor manufacturing industry and has held numerous positions in sales, service and senior management. He has been a member of the executive team and board member of Innotech Corporation since its foundation in 1987, and has held executive positions in several other companies.

``I am honored and excited to be joining HPL with a charter of expanding penetration in the Japanese semiconductor design and manufacturing markets,`` said Mr. Ishikawa. ``HPL`s products enable customers to increases their efficiency and in turn their profitability which is very important for Japanese companies in down and up turns of the industry.``

About HPL

HPL is a leading provider of yield optimization software solutions that enable semiconductor companies to enhance the efficiency of the semiconductor production process, which consists of design fabrication and test. The Company`s products include a flexible software platform that allow its customers to accelerate the process in which they identify, measure and correct sources of failure in the production process. By accelerating this process, HPL enables its customers to recognize the higher levels of revenue and profitability that are typically associated with the early part of a new semiconductor product cycle and to improve product quality and production efficiency. Founded in 1989, the company is headquartered in San Jose, California. As of September 30, 2001, the Company had 170 employees. For more information, please visit www.hpl.com.

This press release contains forward-looking statements. The forward-looking statements, which reflect management`s best judgment based on factors currently known, involve a number of risks and uncertainties, including the following: customer concentration, competition, acceptance of our products and technology, downturn in the semiconductor industry and the nature of our sales cycle. These factors and other risks inherent in our business are described in our Registration Statement on Form S-1 and HPL`s most recent quarterly statement on form 10-Q for the period ended September 30, 2001. Actual results may vary materially. The Company undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

SOURCE: HPL Technologies Inc.

[Chipdesign]

HPL Technologies` Reports Record Third Quarter Revenue and Earnings
Third Quarter Revenue Exceeds $10 Million
Company Enters Into Definitive Agreement to Acquire TestChip Technologies
SAN JOSE, Calif., Jan. 29 /PRNewswire-FirstCall/ -- HPL Technologies Inc. (Nasdaq: HPLA - news), a leading provider of yield optimization software solutions for semiconductor manufacturers, today announced record results for the third quarter ended December 31, 2001.

HPL recorded revenues of $10.9 million for the third quarter of fiscal 2002, an increase of 191% from revenues of $3.8 million reported for the same period in fiscal 2001, and a sequential increase of 56% from $7.0 million in the prior quarter ended September 30, 2001. Results for the third quarter of fiscal 2002 include a one-time revenue recognition of approximately $400,000 reflecting a favorable arbitration ruling.

Excluding expenses associated with the amortization of deferred stock compensation, the Company reported pro forma net income for the third quarter of $3.2 million or $0.09 per diluted share, as compared to a pro forma net income of $448,000, or $0.02 per diluted share for the same period in 2001, and pro forma net income of $1.9 million, or $0.06 per diluted share in the prior quarter ended September 30, 2001. Pro forma net income for the quarter without the one-time favorable arbitration ruling, was $3.0 million, or $0.09 per diluted share.

Including expenses associated with the amortization of deferred stock compensation, net income for the third quarter of 2002 was $2.3 million or $0.07 per diluted share, as compared to a net income of $172,000, or $0.01 per diluted share, for the same period in 2001, and net income of $1.1 million, or $0.04 per diluted share in the previous quarter. Net income for the quarter excluding the one-time favorable arbitration ruling was $2.2 million, or $0.06 per diluted share.

``HPL continues to gain momentum, as we posted another record quarter and have surpassed the $10 million quarterly revenue level,`` stated David Lepejian, president and CEO of HPL Technologies. ``Our strong financial performance is a direct result of our emergence as a key player in our market segment. We continue delivering yield optimization solutions that help our customers improve efficiencies during their manufacturing process and enhance yield and manufacturability during design.

``Our vision is to provide complete solutions to the semiconductor industry. Our strong management team combined with our strong financial position is enabling us to complement organic growth with several strategic acquisitions. Today, we followed up our successful integration of the FabCentric acquisition with a definitive agreement to acquire TestChip Technologies. Both acquisitions are expected to be accretive and are not anticipated to have impact on our operating margins. We believe that these developments should further enhance our position as the partner of choice as the semiconductor industry demands a uniform interoperable infrastructure delivered through dependable, comprehensive solution providers,`` Mr. Lepejian concluded.


Other recent highlights include:
-- Joined forces with VirageLogic to provide yield optimization solutions
to system on chip (SoC) designs.
-- Joined the X Initiative semiconductor supply chain consortium.
-- Joined collaborative program with Synopsis to make HPL DFM tools
interoperate with Synopsys tools.
-- Mark Milligan appointed as VP and division General Manager.
-- Michael Scarpelli appointed as VP of Corporate Development.
-- Established subsidiary operations in Japan.


Revenue for the first nine months of fiscal 2002, including the previously mentioned one-time favorable arbitration ruling of $400,000 in the third quarter, was $23.4 million, compared with $9.0 million for the same period in 2001, an increase of 161%. Pro forma net income for the first nine months of fiscal 2002, excluding expenses associated with the amortization of deferred stock compensation, was $6.5 million or $0.21 per diluted share, compared with $2.1 million or $0.08 per diluted share for the same period in 2001. Net income for the first nine months of fiscal 2002, including expenses associated with the amortization of deferred stock compensation, was $3.9 million or $0.12 per diluted share, compared with net loss of $23,000 or $0.00 per share for the same period in 2001.

Earnings Conference Call

HPL will host a conference call to discuss second quarter results today at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time. The call can be accessed via the Internet at www.hpl.com under the investor relations section ``Calendar of Events`` or by dialing [phone] in the U.S.A or [phone] Internationally.

About HPL

HPL is a leading provider of yield optimization software solutions that enable semiconductor companies to enhance the efficiency of the semiconductor production process, which consists of design fabrication and test. The Company`s products include a flexible software platform that allow its customers to accelerate the process in which they identify, measure and correct sources of failure in the production process. By accelerating this process, HPL enables its customers to recognize the higher levels of revenue and profitability that are typically associated with the early part of a new semiconductor product cycle and to improve product quality and production efficiency. As of December 31, 2001, the Company had 204 employees.

This press release contains forward-looking statements. The forward-looking statements, which reflect management`s best judgment based on factors currently known, involve a number of risks and uncertainties, including the following: customer concentration, competition, acceptance of our products and technology, downturn in the semiconductor industry and the nature of our sales cycle, and the successful completion and integration of acquisitions. These factors and other risks inherent in our business are described in our Registration Statement on Form S-1 and HPL`s most recent quarterly statement on form 10-Q for the period ended September 30, 2001. Actual results may vary materially. The Company undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

HPL TECHNOLOGIES, INC.
PRO FORMA CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except share and per share data)
(unaudited)

Three Months Ended Nine Months Ended
Dec 31, 2001 Dec 31, 2000 Dec 31, 2001 Dec 31, 2000

Revenues:
Software licenses $8,713 $2,853 $19,786 $ 7,119
Consulting services,
maintenance and other 2,190 898 3,656 1,856
Total revenues 10,903 3,751 23,442 8,975

Cost of revenues:
Software licenses 260 29 1,002 61
Consulting services,
maintenance and other 824 505 943 834
Total cost of revenues 1,084 534 1,945 895
Gross profit 9,819 3,217 21,497 8,080

Operating expenses:
Research and
development 1,431 831 4,043 2,539
Selling, general and
administrative 2,846 1,457 6,991 3,376
Total operating
expenses 4,277 2,288 11,034 5,915

Income from operations 5,542 929 10,463 2,165
Interest expense and
other income, net 383 (29) 649 (140)

Income before
income taxes 5,925 900 11,112 2,025
Provision for
(benefit from)
income taxes 2,753 452 4,570 (59)

Pro forma net income $3,172 $448 $6,542 $ 2,084
Pro forma net income
per share:
Basic $0.12 $0.03 $0.29 $0.12
Diluted $0.09 $0.02 $0.21 $0.08


Shares used in computing
per share amounts:
Basic 27,015 17,816 22,563 17,396
Diluted 35,073 27,684 31,323 26,885



RECONCILIATION OFPRO FORMA NET INCOME TO REPORTED RESULTS
(in thousands)
(unaudited)

Three Months Ended Nine Months Ended
Dec 31, 2001 Dec 31, 2000 Dec 31, 2001 Dec 31, 2000

Pro forma net income $3,172 $448 $6,542 $ 2,084

Stock-based compensation 828 276 2,651 2,107

Reported net
income (loss) $2,344 $172 $3,891 $(23)


HPL TECHNOLOGIES, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except share and per share data)
(unaudited)

Three Months Ended Nine Months Ended
Dec 31, 2001 Dec 31, 2000 Dec 31, 2001 Dec 31, 2000

Revenues:
Software licenses $8,713 $2,853 $19,786 $ 7,119
Consulting services,
maintenance and other 2,190 898 3,656 1,856
Total revenues 10,903 3,751 23,442 8,975

Cost of revenues:
Software licenses 260 29 1,002 61
Consulting services,
maintenance and other 824 505 943 834
Total cost of revenues 1,084 534 1,945 895
Gross profit 9,819 3,217 21,497 8,080

Operating expenses:
Research and
development 1,431 831 4,043 2,539
Selling, general
and administrative 2,846 1,457 6,991 3,376
Stock-based
compensation 828 276 2,651 2,107
Total operating
expenses 5,105 2,564 13,685 8,022

Income from operations 4,714 653 7,812 58
Interest expense and
other income, net 383 (29) 649 (140)

Income (loss) before
income taxes 5,097 624 8,461 (82)
Provision for
(benefit from)
income taxes 2,753 452 4,570 (59)

Net income (loss) $2,344 $172 $3,891 $(23)

Net income (loss) per share:
Basic $0.09 $0.01 $0.17 $(0.00)
Diluted $0.07 $0.01 $0.12 $(0.00)

Shares used in computing
per share amounts:
Basic 27,015 17,816 22,563 17,396
Diluted 35,073 27,684 31,323 17,396


HPL TECHNOLOGIES, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)
(unaudited)

Dec. 31, 2001 March 31, 2001
Assets
Current assets:
Cash and cash equivalents $63,621 $989
Accounts receivable 15,565 4,828
Prepaid expenses and other current assets 1,220 971

Total current assets 80,406 6,788

Property and equipment, net 1,510 478
Goodwill 11,707 32
Other assets 4,220 206
Total assets $97,843 $7,504

Liabilities and stockholders` equity
Current liabilities:
Accounts payable $1,682 $415
Accrued liabilities, income
taxes payable and other 5,220 2,659
Deferred revenue 2,061 2,407
Convertible debenture 1,500 1,500

Total current liabilities 10,463 6,981

Capital lease obligations,
net of current portion 96 95
Notes payable, net of current portion -- 200
Total liabilities 10,559 7,276



Stockholders` equity:
Total stockholders` equity 87,284 228
Total liabilities and stockholders` equity $97,843 $7,504

SOURCE: HPL Technologies Inc.

[Chipdesign]

HPL Technologies Wins Multi-Million Dollar Engagement From Major Advanced Flat Panel Display Manufacturer
YIELDirector(TM) Platform Implementation for Yield Optimization in The FPD Industry
SAN JOSE, Calif., March 5 /PRNewswire-FirstCall/ -- HPL Technologies Inc. (Nasdaq: HPLA - news), a leading provider of yield optimization solutions for semiconductor manufacturers and fabless design companies, today announced that it has been selected by a major advanced flat panel display (FPD) manufacturer for use in their fabrication facility in Asia. HPL`s entrance into the FPD market comes through the application of HPL`s enterprise yield optimization platform to the FPD industry. YIELDirector-FPD(TM) incorporates data collection, visualization and analysis capabilities that enable users to systematically identify and prioritize improvements in the FPD manufacturing process, accelerating the yield learning curve thereby producing the greatest possible corporate return on investment.

``This marks the first implementation of HPL`s YIELDirector(TM) platform to the flat panel display industry demonstrating the flexibility and the applicability of YIELDirector(TM) platform to manufacturing data analysis,`` stated David Lepejian, president and CEO of HPL Technologies. ``We are extremely proud that YIELDirector(TM) platform was recognized as the yield optimization platform of choice by one of the world`s largest Advanced FPD manufacturers. HPL`s expansion into the FPD industry represents a substantial opportunity for us in the future.``

According to SEMI, the FPD market is one of the fastest growing electronic business segments, projected to be a $70 billion market by 2005.

Mr. Lepejian added, ``The transition to larger plates and screen sizes has produced an increased need for yield optimization tools. This application of YIELDirector(TM) validates HPL`s platform approach to delivering high value solutions to address the complex manufacturing challenges.``

About HPL

HPL is a leading provider of yield optimization software solutions that enable semiconductor companies and now the FPD industry to enhance the efficiency of their production process, which consists of design fabrication and test. The Company`s products include a flexible software platform that allow its customers to accelerate the process in which they identify, measure and correct sources of failure in the production process. By accelerating this process, HPL enables its customers to recognize the higher levels of revenue and profitability that are typically associated with the early part of a new semiconductor and FPD product cycle and to improve product quality and production efficiency. Founded in 1989, the company is headquartered in San Jose, California. For more information, please visit www.hpl.com.

This press release contains forward-looking statements. The forward-looking statements, which reflect management`s best judgment based on factors currently known, involve a number of risks and uncertainties, including the following: customer concentration, competition, acceptance of our products and technology, downturn in the semiconductor industry and the nature of our sales cycle. These factors and other risks inherent in our business are described in our Registration Statement on Form S-1 and HPL`s most recent quarterly statement on form 10-Q. Actual results may vary materially. The Company undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

SOURCE: HPL Technologies Inc.

[Chipdesign]

HPL Technologies Provides Fiscal Year 2003 Outlook and Announces Acquisition of Defect and Yield Management, Inc.
Extends Market Position in Critical Segments of the Yield Optimization Market
Company to Host a Conference Call Today to Discuss Updated Outlook
SAN JOSE, Calif., April 10 /PRNewswire-FirstCall/ -- HPL Technologies, Inc. (Nasdaq: HPLA - news), a leading provider of yield optimization solutions for semiconductor companies, will host a conference call today to discuss its fiscal 2003 outlook. Based on current business trends and the successful integration of both TestChip Technologies and today`s announced acquisition of Defect and Yield Management, Inc., the Company currently expects to recognize revenues for fiscal 2003 of approximately $77.0 to $80.0 million and GAAP earnings of approximately $0.45 per diluted share. Excluding expenses associated with the amortization of deferred stock compensation and amortization of intangibles, the Company expects pro forma earnings for fiscal 2003 of approximately $0.50 per diluted share. The Company also confirmed that it is comfortable with analysts` expectations for fiscal fourth quarter 2002. Detailed fiscal 2002 results will be discussed during HPL`s year-end teleconference to be held on May 9, 2002.

The Company also announced today that it has acquired Defect and Yield Management, Inc. (DYM), a privately held Massachusetts-based company that provides defect reduction and yield management software to the semiconductor industry.

Under the terms of the agreement, HPL has acquired all outstanding shares and options of DYM for $2.0 million in cash and 1,050,000 shares of HPL common stock for total consideration of approximately $16.5 million. DYM shareholders could also receive up to $5.0 million in additional HPL common stock after one year of the closing if DYM is successful in achieving certain revenue targets. This acquisition will be accounted for as a purchase and is expected to be accretive for the fiscal year ending March 31, 2003, before the amortization of acquired intangible assets as part of the transaction.

``The acquisition of DYM represents a significant strategic milestone for HPL,`` stated David Lepejian, President and CEO of HPL. ``DYM`s Odyssey(TM) System, which was previously distributed by KLA-Tencor as Quest(TM), is in use in over 70 semiconductor fabrication facilities worldwide, representing the largest installed base of defect management software in the industry. HPL will be able to leverage this installed base by providing surrounding solutions based on HPL YielDirector and an optimum migration path to all customers. This should further consolidate our position as the leader in the emerging yield optimization market, and further accelerate the adoption of HPL`s Design for Yield solutions.``

``We believe that joining forces with HPL brings substantial benefit to our customers,`` stated Pay-shin King, Chairman of the Board of Directors and co-founder of DYM. ``The combination of HPL and DYM product offerings will allow our customers to add a more powerful analysis, additional data type integration, and application development capability without modifying their existing infrastructure.``

HPL will host a conference call today to discuss its fiscal 2003 outlook at 2:30 p.m. Pacific Time/5:30 p.m. Eastern Time. The call can be accessed by dialing 800-547-8913 (Domestic) or 785-832-2041 (International). The call can also be accessed live via the Internet at www.hpl.com.

About HPL

HPL is a leading provider of yield optimization software solutions that enable semiconductor companies and the FPD industry to enhance the efficiency of their production process, which consists of design fabrication and test. The Company`s products include a flexible software platform that allow its customers to accelerate the process in which they identify, measure and correct sources of failure in the production process. By accelerating this process, HPL enables its customers to recognize the higher levels of revenue and profitability that are typically associated with the early part of a new semiconductor and FPD product cycle and to improve product quality and production efficiency. Founded in 1989, the company is headquartered in San Jose, California. For more information, please visit http://www.hpl.com .

This press release contains forward-looking statements. The forward-looking statements, which reflect management`s best judgment based on factors currently known, involve a number of risks and uncertainties, including the following: customer concentration, competition, acceptance of our products and technology, downturn in the semiconductor industry and the nature of our sales cycle. These factors and other risks inherent in our business are described in our Registration Statement on Form S-1 and HPL`s most recent quarterly statement on form 10-Q. Actual results may vary materially. The Company undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

SOURCE: HPL Technologies, Inc.

[panik]

HPL Technologies Receives Major Volume Purchase Agreement From STMicroelectronics
YIELDirector Defect And Memory Analysis Sub-systems Chosen for Deployment Worldwide at STMicroelectronics
SAN JOSE, Calif., June 4 /PRNewswire-FirstCall/ -- HPL Technologies Inc. (Nasdaq: HPLA - News), a leading provider of yield optimization solutions for semiconductor manufacturers, fabless design companies and the flat panel display industry, today announced that it has signed a major multi-year volume purchase agreement (VPA) with leading integrated circuit manufacturer, STMicroelectronics (NYSE: STM - News).

According to the terms of the VPA, HPL Technologies will provide YIELDirector defect and memory analysis sub-systems, to STMicroelectronics` (ST) fabs in Europe, Asia, and the United States. The YIELDirector defect and memory analysis sub-systems will enhance ST`s existing yield management capabilities at its sub-micron facilities and product groups worldwide.

"YIELDirector sub-system was first installed in Crolles, France, in December 2000, as part of an initial evaluation program," said Francois Finck, Manager of Yield Support group for STMicroelectronics. "The strength of the analytical capabilities coupled with the modularity of the HPL YIELDirector platform has been quite valuable in our endeavor of evaluating and adopting a memory yield optimization system that is capable of delivering high value solutions in manageable steps."

"After evaluating YIELDirector sub-system for defect and memory analysis for several months in a variety of applications, our tests concluded that HPL Technologies` system was the best choice for our specific memory yield data analysis needs," said Patrick Peubez, Director of Corporate Process and technology group for STMicroelectronics. "YIELDirector`s sub-system flexibility coupled with its compatibility with our existing data sources were the primary reasons for the selection. Our success as a company depends on our ability to stay ahead of the curve in innovation and adoption of best known methods quickly and efficiently, this is what the HPL system is delivering to ST."

STMicroelectronics will use YIELDirector sub-system in the evaluation of all deep-sub-micron System-On-Chip (SoC) integrated circuit products. The company`s leading-edge ICs are used in a variety of microelectronics applications, including telecommunications systems, computer systems, consumer products, automotive products, and industrial automation and control systems.

"This volume purchase agreement from STMicroelectronics illustrates our ability to provide today`s leading multi-product integrated circuit manufacturers with an open architecture software solution that delivers extensive data integration analysis and visualization capabilities," said David Lepejian, President and CEO of HPL Technologies. "STMicroelectronics making a corporate choice by signing this VPA is a testament to our dependability as a supplier and validates our ability to provide world-wide deployable and supportable solutions that are capable of addressing the complex requirements of today`s semiconductor manufacturers."

About HPL

HPL is a leading provider of yield optimization software solutions that enable semiconductor companies and FPD industry to enhance the efficiency of their production process, which consists of design fabrication and test. The Company`s products include a flexible software platform that allow its customers to accelerate the process in which they identify, measure and correct sources of failure in the production process. By accelerating this process, HPL enables its customers to recognize the higher levels of revenue and profitability that are typically associated with the early part of a new semiconductor and FPD product cycle and to improve product quality and production efficiency. Founded in 1989, the company is headquartered in San Jose, California. For more information, please visit www.hpl.com.

This press release contains forward-looking statements. The forward-looking statements, which reflect management`s best judgment based on factors currently known, involve a number of risks and uncertainties, including the following: customer concentration, competition, acceptance of our products and technology, downturn in the semiconductor industry and the nature of our sales cycle. These factors and other risks inherent in our business are described in our Registration Statement on Form S-1 and HPL`s most recent quarterly statement on form 10-Q. Actual results may vary materially. The Company undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

SOURCE: HPL Technologies Inc.

[panik]

World`s Largest Foundry in Taiwan Selects HPL`s Operational Defect Management System for Use in its 300mm Manufacturing Facility
SAN JOSE, Calif., July 3 /PRNewswire-FirstCall/ -- HPL Technologies Inc. (Nasdaq: HPLA - News), a leading provider of yield optimization solutions for semiconductor manufacturers, fabless design companies and the flat panel display industry, today announced that its operational defect management system has been selected by Taiwan`s largest semiconductor manufacturing foundry for use in its 300mm state-of-the-art manufacturing facility.

HPL`s operational defect management system provides factory floor defect data management, analysis, and decision support capability, allowing fab managers and operators to detect defect excursions, identify in-line defect sources, and react quickly to sources of yield loss. HPL`s operational defect management system combined with other HPL products, including YIELDirector(TM) and YieldProjector(TM), provide capabilities that address the sophisticated analysis requirements needed to identify sources of systematic or design related yield loss and serve as a comprehensive enterprise yield optimization solution.

Key benefits of HPL`s operational defect management system include:


-- Integration with HPL`s design analysis tools provide device and layer
specific intelligent defect monitoring that help prioritize and prepare
optimum inspection and review recipes.
-- Integration with HPL`s Integrated Yield Optimization (IYO) solution
that enables yield optimization at the design stage.


"We are very excited to have been chosen by the world`s largest foundry," stated David Abisia, product marketing director for HPL`s operational defect management systems. "We believe that this success validates HPL`s product strategy and underscores our belief that the integration of engineering analysis tools with the operational management of fabrication facilities is a key to 300mm fab success."

About HPL

HPL is a leading provider of yield optimization software solutions that enable semiconductor companies and FPD industry to enhance the efficiency of their production process, which consists of design fabrication and test. The Company`s products include a flexible software platform that allow its customers to accelerate the process in which they identify, measure and correct sources of failure in the production process. By accelerating this process, HPL enables its customers to recognize the higher levels of revenue and profitability that are typically associated with the early part of a new semiconductor and FPD product cycle and to improve product quality and production efficiency. Founded in 1989, the company is headquartered in San Jose, California. For more information, please visit www.hpl.com.

This press release contains forward-looking statements. The forward-looking statements, which reflect management`s best judgment based on factors currently known, involve a number of risks and uncertainties, including the following: customer concentration, competition, acceptance of our products and technology, downturn in the semiconductor industry and the nature of our sales cycle. These factors and other risks inherent in our business are described in our Registration Statement on Form S-1 and HPL`s most recent quarterly statement on form 10-Q. Actual results may vary materially. The Company undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

SOURCE: HPL Technologies Inc.