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ASML to Equip Machines With Cymer Technology

Cymer Inc. announced July 17 it has been selected by the Dutch company ASML Holding NV to provide the extreme ultraviolet source suppliers for ASML’s upcoming line of scanners.

This is a high-volume, multi-year, multi-unit agreement for Cymer to supply its laser produced plasma technology.

Terms of the deal were not disclosed.

The first shipment of units is scheduled for late 2008.

Cymer bills itself as the world’s leading supplier for excimer laser light sources, and a major contributor to the advancement of semiconductor manufacturing.

Their technical advances with their laser technology have been through the use of a multi-staged carbon dioxide laser and tin droplet target. In addition to improving the maximum performance of laser technology, Cymer has begun work on technology to make the source suppliers more durable and economical.

Cymer trades on the Nasdaq under the symbol CYMI. Shares stood at $40.94 in midday trading July 18.

, Preet Anand

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