ChipPAC International intends to finance the tender offer with all or a portion of the net proceeds from new senior notes to be issued by STATS ChipPAC. In addition, ChipPAC International intends to redeem any notes not validly tendered in the tender offer, under the terms of the indenture.
(September 7, 2004) Franklin, Mass.—Sales for Speedline Technologies, Inc. , during the second quarter of 2004 were up more than 61 percent over the same period in 2003. Bookings also surged, increasing 85 percent over the first quarter of 2003. At the
end of the period, the business backlog was 3.5 times higher than at the same time last year.