NexTech FAS to Co-Exhibit with Hakuto at SEMICON Japan 2007
November 29, 2007 (PRLEAP.COM) Technology NewsAUSTIN, Texas – NexTech Solutions, Inc. (Pink Sheets: NXSN), is pleased to announce that it will be joining Hakuto Co., Ltd., one of the most highly respected distributors and manufacturers in the electronics industries, at the upcoming SEMICON Japan 2007 exhibition and conference scheduled for Dec. 5-7, 2007 in Chiba, Japan. The company will be co-exhibiting under the name NexTech FAS.
NexTech FAS will be promoting the Aludra, an advanced tool for ‘macro’ inspection of semiconductor reticles prior to their use in step & repeat systems within the photolithography bay of semiconductor fabrication operations. The Aludra simultaneously scans both the glass side and pellicle side of semiconductor reticles in as little as 35 seconds. The company will also be displaying the ORION, a fully automated semiconductor reticle inspection system. The ORION system features the Aludra reticle inspection tool as its core scanning module and offers the customer completely automated pod opening, reticle handling and management. Both Aludra and ORION systems detect surface-sitting defects on reticle surfaces (pellicle & glass) in the range of 2µ to 10µ, while the system’s high throughput enables 100 percent inspection and qualification of reticles prior to their use in step and repeat process tools.
Hakuto is a Tokyo Stock Exchange listed company (ticker # 7433) with 22 offices and over 1500 employees serving the semiconductor, flat panel display, electronics and related industries. Hakuto most recently made a million dollar equity investment in NexTech Solutions and also purchased the company’s Generation Four (G4) NexTStar NanoScan AOI system. Hakuto is currently representing NexTech FAS’ products throughout the Asia Pacific Rim countries of Japan, Korea, Taiwan, China, Singapore and Malaysia.
SEMICON Japan 2007, an international exhibition of semiconductor equipment and materials, will be held at Makuhari Messe in Chiba, Japan, marking its 31st anniversary and hosting the largest exhibition in its history. More information can be found at www.semiconjapan.org.
Founded in 1953, Hakuto Co., Ltd. is headquartered in Tokyo, Japan and has 12 subsidiaries with 22 offices throughout Japan, China, Korea, Thailand, Singapore, and the U.S. The company distributes electronic products, provides technical services, and manufactures industrial chemicals. Hakuto is a publicly-traded company listed on the Tokyo Stock Exchange, First Section (Ticker code #7433); with annual sales of 123,442 million YEN (FY2007) or approx US$1.05 billion dollars. More information about Hakuto is available online at www.hakuto.co.jp.
About NexTech Solutions and FAS Technologies
NexTech Solutions, Inc. delivers advanced metrology and automation solutions to the global semiconductor and flat panel display (FPD) industries. NexTech's mission is to create greater shareholder value through advanced technology development of products targeted at large, fast-growing markets. The company is headquartered in Austin, Texas, with facilities in San Mateo, Calif. NexTech’s stock is quoted on the Pink Sheets under the symbol NXSN. For more information, see: http://www.nxts.com.
FAS Technologies, LLC is a Texas Limited Liability Company with offices in Dallas and Tokyo. FAS Technologies is a pioneering company widely recognized in the industry for the development of digital fluid dispensing a patented spinless coating technology known as "FAS-Coat," which has become the de-facto standard in the coating process of FPD substrates during manufacture. The company is engaged in the design, development, manufacture, integration, sale and servicing of advanced, high-precision coating systems for the microelectronics industry. For more information, see: http://www.fas.com.
NexTech and FAS have announced plans to combine the two companies in a two-step transaction. The companies will consolidate operations into a joint venture which is expected to close in the fourth quarter of 2007, subject to closing conditions. Following necessary approvals of stockholders and regulatory authorities, the companies will be combined in a merger transaction and reincorporated in Delaware. NexTech Solutions, Inc. and FAS Technologies, LLC are jointly doing business under the name “NexTech FAS”.
This release includes forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers and listeners are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in the company's periodic filings with Pink Sheets at http://www.pinksheets.com/quote/finance.jsp?symbol=NXSN.