M&A

13 January, 2010

SUSS MicroTec AG: Contract Negotiations for the Purchase of HamaTech APE GmbH & Co. KG Successfully Concluded

Press Release Source: SUSS MicroTec AG On Wednesday January 13, 2010, 2:47 am EST

GARCHING/MUNICH--(BUSINESS WIRE)--SUSS MicroTec AG (business address: Schleissheimer Strasse 90, 85748 Garching, Germany; ISIN: DE0007226706) (FWB:SMH)(GER:SMH), which is listed in the Prime Standard of Deutsche Börse AG, today announced the conclusion of contract negotiations to acquire HamaTech APE GmbH & Co. KG, a wholly owned subsidiary of Singulus Technologies AG. Yesterday night, both parties signed a corresponding purchase agreement, subject to the negotiated closing conditions. The agreement stipulates a purchase price of EUR 4.5 million plus a further EUR 4.5 million for the acquisition of the land and company building at the Sternenfels site. The closing date of the transaction is set for January 2010.

Both contractual parties (buyer and seller) had already signed a comprehensive term sheet for the acquisition of HamaTech APE on December 6, 2009.

The purchase price of EUR 4.5 million is comprised of a fixed and variable portion. The fixed component amounts to EUR 3.5 million and will be paid in cash. The variable earn-out component amounts to EUR 1.0 million and is linked to the future sales performance of HamaTech APE in the year, 2010.

HamaTech APE has established itself in the semiconductor industry as a leading global supplier of equipment for cleaning photo masks. It employs approximately 80 staff at its Sternenfels site and its international subsidiaries. In the 2009 fiscal year, the Company is expected to generate sales of EUR 11 million.

With the acquisition, the SUSS MicroTec Group is expanding its existing Coater/Developer product portfolio. "HamaTech APE's 20 years of experience in developing processes and equipment along with its highly innovative cleaning technology ideally complement SUSS MicroTec's core competency of critical wet processing in semiconductor production," Frank Averdung, Chief Executive Officer of SUSS MicroTec AG, commented at the contract signing ceremony. "The modern production site at Sternenfels is ideally suited for expansion into a group-wide competence center for "wet processing". We therefore intend to relocate the Coater and Developer production set up in neighboring Vaihingen to the Sternenfels plant," Frank Averdung continued.

"The high performance and efficiency of our systems have turned us into the globally recognized market leader in our sector. We address the most demanding requirements of 193i conventional lithography and, in addition, we are today the only supplier of solutions for cleaning masks for EUV (extreme ultraviolet) lithography," Wilma Koolen-Hermkens, Managing Director of HamaTech APE, remarked. "We look forward to being able to offer our extensive expertise to our customers as part of the SUSS MicroTec Group in the future."

About SUSS MicroTec

SUSS MicroTec is a leading supplier of process and test solutions for markets such as 3-D Integration, Advanced Packaging, MEMS, Nanotechnology and Compound Semiconductor. High-quality solutions enable customers to increase process performance while reducing cost of ownership. SUSS MicroTec supports more than 8,000 installed mask aligners, coaters, bonders and probe systems with a global infrastructure for applications and service. SUSS MicroTec is headquartered in Garching near Munich, Germany.

For more information, please visit http://www.suss.com.

About HamaTech

For more than twenty years, HamaTech APE is an established market leader for Strip and Clean, Post-Exposure bake and Development of photo masks for the semiconductor industry. At HamaTech we combine the latest technology with extensive know-how to provide systems that are future-compliant. HamaTech APE GmbH & Co KG is a wholly-owned subsidiary of SINGULS TECHNOLOGIES AG, Kahl/Main, Germany.

For more information, please visit http://www.hamatech-ape.com.

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