Samsung backs Advanced Micro-Fabrication Equipment Inc.

Mar. 7, 2007 — Advanced Micro-Fabrication Equipment Inc. (AMEC), Shanghai, China, an emerging developer of proprietary semiconductor processing technology and equipment, has raised $8 million from Samsung Venture Investment Corp. (SVIC) and other investors.

“AMEC’s vision to spearhead and strategically manufacture semiconductor capital equipment in Asia with a team of world-class industry veterans is the reason for Samsung Ventures’ investment,” said Bill Byun, managing director of Samsung Ventures.

“Samsung is a leading manufacturer of the memory products that are enabling our digital world,” said AMEC’s chairman and CEO, Gerald Yin. “As a global technology innovator, they understand our industry and our technology value proposition.”

The new funding represents the second and final closing of AMEC’s Series B effort, which secured a total of $43 million. The first closing of AMEC’s Series B round was announced in October 2006. The amount secured at that time was $35 million. The investors included: Walden International, Lightspeed Venture Partners, Goldman Sachs, Redpoint Ventures, Interwest Partners, Bay Partners, Global Catalyst Partners and KT Venture Group.

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