Ultratech-opens-Singapore-lithograph-ops

(December 6, 2010 – PR Newswire) — Ultratech, Inc. (Nasdaq: UTEK), lithography and laser-processing systems supplier to semiconductor device and high-brightness LED (HB-LED) makers, opened an advanced manufacturing facility in Singapore. Ultratech plans to spend more than $125 million dollars over the next several years in support of its Singapore International Operations.

The advanced manufacturing facility will be capable of producing over 100 lithography steppers annually for the advanced packaging and the HB-LED markets. Along with providing engineering support in Singapore, the new facility will also serve as headquarters for Ultratech’s global service operations and Asia Pacific sales organization. Ultratech plans to start manufacturing lithography systems at its Singapore facility beginning in late 2010 with the first tool shipments to customers scheduled for the first quarter of 2011.

Ultratech Chairman and CEO Arthur W. Zafiropoulo said, "After an extensive study in the Asia Pacific region, we selected Singapore for several business reasons including being conveniently located to Ultratech’s served markets. We expect 75% of our business to be located in the Pacific region, and with this new facility in Singapore Ultratech can better serve customers from Thailand to Taiwan." In related news, SAFC Hitech announced plans to build a facility in Taiwan for transfilling, technical service and production of chemical precursors used for high brightness LED and silicon semiconductor manufacturing.

Ultratech, Inc. (Nasdaq: UTEK) designs, manufactures and markets photolithography and laser processing equipment. Visit Ultratech online at www.ultratech.com.

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