AMD, Infineon and DuPont Photomasks lay Cornerstone for
Advanced Mask Technology Center in Dresden, Germany
DRESDEN, GERMANY --
Construction activities for the Advanced Mask Technology Center (AMTC) in Dresden, Germany started today with the ceremonial laying of the cornerstone. The AMTC is an equally-owned joint venture of Advanced Micro Devices, Inc. (NYSE: AMD), Infineon Technologies AG (FSE/NYSE: IFX), and DuPont Photomasks, Inc. (NASDAQ: DPMI). The AMTC was established by the three partners to become a world-leading facility for the development and pilot manufacturing of advanced photomasks required for future generations of semiconductor products featuring design rules starting at 90 nanometers and moving to 65 nanometers and below. The new photomask facility will be located in the vicinity of AMD’s Fab 30 microprocessor plant and Infineon’s production and development site in Dresden.
In parallel with the creation of the AMTC, DuPont Photomasks will establish and operate an independent state-of-the-art commercial photomask production facility in Dresden. DuPont Photomasks Dresden will be housed in the same building complex as the AMTC. Both projects are expected to be ready for equipment installation by the middle of 2003, with the first photomasks estimated to be available later that year.
Investments in the two new Dresden-based photomask projects are expected to exceed Euro 500 million over the next five years and will create approximately 370 jobs. The AMTC investments are expected to amount to around Euro 360 million, approximately $328 million, and create approximately 170 jobs. Investment for the DuPont Photomasks Dresden facility is expected to be nearly Euro 170 million, approximately $155 million, and will provide jobs for another 200 people.
Representatives from the German Federal Government, the Free State of Saxony and the City of Dresden all welcomed the latest addition to the region’s high-tech infrastructure.
“Dresden's latest development and production facility will have a positive effect on the whole region and will decisively strengthen its potential in the future. Mask technology is nano-technology - and nano-technology is creating jobs. This is one of the reasons why we want to support the AMTC Dresden. Indeed, it is a focus of our support for nano-technology in Germany," said Edelgard Bulmahn, Federal Minister of Education and Research.
“There is no doubt that with the ambitious AMTC project and DuPont Photomasks’ investment in an advanced commercial facility, Dresden and Saxony have indeed become Europe’s leading center for microelectronics. A successful AMTC will greatly enhance the region’s competitive position in the international microelectronics arena”, said Professor Georg Milbradt, Prime Minister of the Free State of Saxony.
Ingolf Roßberg, Lord Mayor of Dresden, pledged the city’s continued support for the microelectronics industry: “Further strengthening our microelectronics base will remain one of Dresden’s top priorities for the coming years.”
The Advanced Mask Technology Center GmbH & Co. KG is governed by a Partners’ Council consisting of equal representation among AMD, DuPont Photomasks and Infineon. The Partners’ Council has named Dr. Markus Dilger as the General Manager and Managing Director and by Dr. Tillmann Blaschke as the Deputy General Manager and Managing Director. Previously, Dr. Dilger was the head of Infineon’s mask house in Munich while Dr. Blaschke served as Director of Finance at AMD Saxony.
AMD is a global supplier of integrated circuits for the personal and networked computer and communications markets with manufacturing facilities in the United States, Europe, Japan, and Asia. AMD, a Fortune 500 and Standard & Poor's 500 company, produces microprocessors, Flash memory devices, and support circuitry for communications and networking applications. Founded in 1969 and based in Sunnyvale, California, AMD had revenues of U$3.9 billion in 2001 (NYSE: AMD). Further information is available at www.amd.com
Infineon Technologies AG, Munich, Germany, offers semiconductor and system solutions for applications in the wired and wireless communications markets, for security systems and smartcards, for the automotive and industrial sectors, as well as memory products. With a global presence, Infineon operates in the US from San Jose, CA, in the Asia-Pacific region from Singapore and in Japan from Tokyo. In the fiscal year 2001 (ending September), the company achieved sales of Euro 5.67 billion with about 33,800 employees worldwide. Infineon is listed on the DAX index of the Frankfurt Stock Exchange and on the New York Stock Exchange (IFX). Further information is available at www.infineon.com
About Dupont Photomasks
DuPont Photomasks is a leading global provider of micro imaging solutions. The company develops and produces advanced photomasks, a key enabling technology used in the manufacture of semiconductor and other microelectronic devices, and pellicles, the protective covers for photomasks. Headquartered in Round Rock, Texas, DuPont Photomasks operates a global network of manufacturing facilities serving semiconductor makers and other electronics producers around the world. DuPont Photomasks posted worldwide sales of approximately US$ 408 million in fiscal 2001. Information about the company can be found at http://www.photomask.com
Forward-Looking and Cautionary Statements
Except for the historical information and discussions contained herein, statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors for example, the semiconductor industry cycles, technological challenges, bringing on line start up development facilities, technical difficulty of manufacturing high end photomasks and potential difficulties with obtaining financing and external funding that could cause actual results to differ materially as discussed in the respective company's filings with the United States Securities and Exchange Commission and other applicable government filings, including their most recent Forms 10-K and 10-Q as well as cautionary statements and other factors set forth as Risk Factors. Results for the interim period are not necessarily indicative of the results for the year. The forward-looking statements are made as of the release date hereof and the company disclaims any intention or obligation to update or revise any forward-looking statements or to update the reasons why the actual results could differ materially from those projected in the forward-looking statements, whether as a result of new information, future events or otherwise.