NORTH BILLERICA, Mass., July 16, 2002 (PRIMEZONE) -- MRSI Group, a subsidiary of Newport Corporation (Nasdaq:NEWP), today announced that it will introduce its high-speed automated MRSI-375FC flip chip bonder at SEMICON West Back End 2002 in San Jose, California. The product is part of Newport's advanced assembly and packaging equipment portfolio and can be seen in Booth No. 11035 in McEnery Hall, San Jose Convention Center, July 17 - 19, 2002.
The MRSI-375FC performs parallel processing of flip chip devices to achieve high throughput. Some of its advanced features include 10 micron placement accuracy, an automatic wafer changer, a wafer picking component with flipper, closed-loop force control, and an advanced flux dipping station.
"Demand for flip chip interconnect technology is being driven by a number of factors from all corners of the silicon industry," said Neil Srivastava, vice president and general manager of Newport's MRSI Group. "The MRSI-375FC features a modular system design which allows multiple machines to be linked together to meet virtually any throughput requirement. The MRSI-375FC further extends our leadership position in assembly and dispensing technology for the semiconductor and microelectronics industries."
For more information on the MRSI-375FC flip chip bonder, go to the Web site at www.newport.com/photonics/Products/Die_Bonding_and_Dispense/. For information about Newport Corporation's other products, go to www.newport.com.
MRSI Group, a wholly owned subsidiary of Newport Corporation, is a leading supplier of dispense and assembly systems for the semiconductor, microelectronics and electronic packaging industries.
Customers and investors who are also interested in Newport's front-end automation products are invited to view them at SEMICON West 2002 from July 22-24, 2002 at San Francisco's Moscone Convention Center, Booth 436 in South Hall.
About Newport Corporation
Newport Corporation is a leading global supplier of advanced technology products and systems to the semiconductor, communications, electronics and research markets. The company provides components and integrated subsystems to manufacturers of semiconductor processing equipment, advanced automated assembly and test systems to manufacturers of communications and electronics devices, and a broad array of high-precision components and instruments to commercial, academic and government customers worldwide. Newport's innovative solutions leverage its expertise in precision robotics and automation, sub-micron positioning systems, vibration isolation and optical subsystems to enhance the capabilities and productivity of its customers' manufacturing, engineering and research applications. Newport is part of the Standard & Poor's Midcap 400 Index and the Russell 2000 Index.
The statements in this news release made by Neil Srivastava are 'forward-looking' statements that involve a number of risks and uncertainties. As discussed in Newport's Annual Report on Form 10-K for the year ended December 31, 2001, assumptions relating to the foregoing involve judgments with respect to various matters, all of which are difficult or impossible to predict accurately and many of which are beyond the control of Newport. Although Newport believes that the assumptions underlying the 'forward-looking' statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the results contemplated in 'forward-looking' statements will be realized. In light of the significant uncertainties inherent in the 'forward-looking' information included herein, the inclusion of such information should not be regarded as a representation by Newport or any other person that Newport's objectives or plans will be achieved. Newport undertakes no obligation to revise the 'forward-looking' statements contained herein to reflect such events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.