MORGAN HILL, Calif., May 26, 2004 (PRIMEZONE) -- Maxus Technology Corporation, (OTCBB:MXUS) a leading provider of eWaste and Asset Recovery solutions, today announced that it has begun delivery of asset disposition solutions to Aviza Technology, Inc., a leading supplier of advanced semiconductor wafer processing equipment. Under the agreement, Maxus will manage end-of-life disposition alternatives and provide logistics solutions for older-generation information technology equipment at Aviza. The Maxus solutions will enable Aviza Technology, Inc. to minimize the risk factor generally associated with retiring IT equipment while maximizing their value recovered through resale activities.
Traditionally, IT equipment utilized by high technology companies run their course and are typically phased out. Such companies typically do not possess the resources necessary to assure they obtain optimum return on investment for such equipment. A comprehensive and complete asset recovery and eWaste recycling program is an efficient way for a company like Aviza Technology to derive maximum value from written down but usable corporate electronic assets. Aviza Technology continues to demonstrate its environmental proactiveness by ensuring assets that are at the end of their useful lives are properly dealt with.
"The Maxus Asset Disposition Solution ensures that our customers are optimizing their IT assets before they are phased out of operation," said David Smith, CEO of Maxus Technology Inc. "This partnership provides Aviza with a complete portfolio of services to optimize the IT lifecycle of their assets, making the Maxus Solution manageable and risk free."
About Aviza Technology Inc.
Aviza Technology is a leading supplier of thermal processing and deposition solutions to the global semiconductor industry. The company maintains a worldwide installed base of more than 7,000 tools. Aviza Technology's headquarters, manufacturing and R&D facilities are located in Scotts Valley, Calif. Additional sales and customer support facilities are located in Germany, France, Scotland, Taiwan, Japan, Singapore and Malaysia. Aviza Technology employs approximately 400 people worldwide. The company website can be found at www.avizatechnology.com For additional information please contact: Micheal.Martinez@avizatechnology.com or by calling 831-439-6354.
About Maxus Technology Corporation
Maxus Technology Inc. was founded in 1994 as an asset recovery expert for the telecom industry and was an early pioneer in the pre-owned technology marketplace. In the last 10 years of serving customers worldwide, we have developed in-depth asset recovery and eWaste expertise, extensive supply-and sell-side networks. Maxus has an international sourcing network enabling us to secure in-demand products. Maxus customers have come to rely on us for providing low-cost, high-quality alternatives to new products. In a fragmented market crowded with small, unsophisticated operations, Maxus continues to remain a trusted and respected resource.
Maxus has its executive offices at 18300 Sutter Boulevard, Morgan Hill, CA 95037 and its telephone number is 1.408.782.2005. The company website can be found at www.Maxustech.com.
CONTACT: Maxus Technology Corporation Todd Heinzl, Investor Relations Officer (416) 867-8276 investors@Maxustech.com www.Maxustech.com
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