Cascade Acquires Gryphics

(April 5, 2007) BEAVERTON, OR &#151 Cascade Microtech acquired Gryphics, Inc., a private company, for about 843,000 shares of Cascade common stock and $13.7 million cash. Cascade reported this as a strategic step in expanding its advanced production test consumable for high-performance ICs. This market is less volatile than semiconductor-production capacity equipment, explained Eric Strid, CEO.

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