Tegal Receives Order for Advanced 6500 Spectra Etch Tool From Crocus Technology, SA; Unique Tegal Technology Selected for Commercializing MRAM Technology
"We are proud to have been selected for this important development effort and strongly believe that, among the various efforts to commercialize MRAM devices, Crocus Technology's approach is the most promising," said Thomas Mika, President and CEO of Tegal. "We look forward to sharing our expertise and supporting Crocus Technology's scientists and engineers to develop a commercially successful MRAM device. This order demonstrates our ability to provide unique tools for the manufacturing of next generation semiconductor technologies."
“We look forward to sharing our expertise and supporting Crocus Technology's scientists and engineers to develop a commercially successful MRAM device. This order demonstrates our ability to provide unique tools for the manufacturing of next generation semiconductor technologies.”
"We investigated all potential providers of equipment for this critical process step. We selected the Spectra etch tool on the basis of its unique capabilities and the outstanding support provided by Tegal. We believe the Tegal Spectra tool will be a key factor in our success," said Jean-Pierre Braun, Chief Executive Officer of Crocus Technology SA.
The Tegal 6500 series tool features the Spectra ICP plasma source optimized for the etching of magnetic thin films for GMR/TMR magnetic head and MRAM memory device technology. The Spectra reactor is an extension of Tegal's patented dual frequency technology for the patterning of difficult-to-etch metal and metal oxide films based on inductively coupled plasma (ICP) technology. The Tegal 6550 also incorporates a dual-chamber platform with patented rinse-strip-rinse process capability that is proven to eliminate corrosion in thin magnetic materials. Tegal's approach to magnetic thin film etching includes its proprietary "Stop-on-Dielectric" process capability.
Potential applications for MRAM include memory devices for mobile phones, PDAs, smartcards, notebook computers, RFID tags and as a replacement for flash memory.
Safe Harbor Statement
Except for historical information, matters discussed in this news release contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Forward-looking statements, which are based on assumptions and describe our future plans, strategies and expectations, are generally identifiable by the use of the words "anticipate," "believe," "estimate," "expect," "intend," "project" or similar expressions. These forward-looking statements are subject to risks, uncertainties and assumptions about the Company including, but not limited to industry conditions, economic conditions, acceptance of new technologies and market acceptance of the Company's products and services. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements in this paragraph. For a further discussion of these risks and uncertainties, please refer to the Company's periodic filings with the Securities and Exchange Commission.
Tegal provides process and equipment solutions to leading edge suppliers of advanced semiconductor and nanotechnology devices. Incorporating unique, patented etch and deposition technologies, Tegal's system solutions are backed by over 35 years of advanced development and over 100 patents. Some examples of devices enabled by Tegal technology are energy efficient memories found in portable computers, cellphones, PDAs and RFID applications; megapixel imaging chips used in digital and cellphone cameras; power amplifiers for portable handsets and wireless networking gear; and MEMS devices like accelerometers for automotive airbags, microfluidic control devices for ink jet printers; and laboratory-on-a-chip medical test kits.
For more information about Tegal Corporation, visit: www.tegal.com
About Crocus Technology
Crocus' mission is to become the leading supplier of products and technologies to the MRAM market. The MRAM technology that is the foundation on which Crocus is built was developed in the Grenoble-based SPINTEC research center and is continuously improved through formal joint development programs between the company, Spintec and other leading European laboratories. MRAM memories uniquely combine several key features of other existing memory technologies. They are non-volatile, have a fast read and write speed, an SRAM like interface, an extended lifetime, and a low manufacturing cost. Crocus is headquartered in Grenoble (France) with operations in the Paris area and in Silicon Valley (California)
For more information about Crocus, visit: www.crocus-technology.com