HAYWARD, Calif., May 18 Ultra Clean Holdings, Inc. (Nasdaq: UCTT), a leading developer and supplier of critical subsystems for the semiconductor capital equipment, flat panel, medical, energy and research industries, held the official opening of its Singapore manufacturing operations at Ultra Clean Asia Pacific Pte. Ltd located at Spectrum 1, in the Woodlands Industrial Estate.
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Ultra Clean acquired the 35,000 sq. ft. facility in October 2009 and has since completed a major investment program to expand the manufacturing capacity and capability. Ultra Clean has doubled the capacity for its existing activities in systems integration and refurbishment for semiconductor process modules. The project has also seen the installation of an all new, state-of-the-art, 7,000 sq. ft. clean room for the manufacture of gas and liquid chemical delivery systems and the assembly of complex sub-systems for customers across all of Ultra Clean's key markets.
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Commenting on the occasion, Clarence Granger, Chairman and Chief Executive Officer of Ultra Clean remarked "Ensuring that we have operations in the right locations to meet the needs of our customers is core to our growth strategy. For us, this means continuing to expand in Asia. The leading position of Singapore as a base for technology companies means that many of our key customers already have a significant presence here, or have indicated their intent to be in here in future. Through our Singapore facility, we can now offer the manufacturing services and refurbishment capabilities they are looking for."
David Savage, Ultra Clean's President and Chief Operating Officer added "In addition to manufacturing operations, the availability in Singapore of skilled engineering talent and a strong base of suppliers in precision engineering disciplines, allows us to position Ultra Clean Asia Pacific as our regional center for engineering and supply chain management, key enablers to our operational effectiveness and ability to deliver value-added solutions to our customers."
About Ultra Clean Holdings, Inc.
Ultra Clean Holdings, Inc. is a leading developer and supplier of critical subsystems for the semiconductor capital equipment, flat panel, medical, energy and research industries. Ultra Clean offers its customers an integrated outsourced solution for gas delivery systems and other subassemblies, improved design-to-delivery cycle times, component neutral design and manufacturing and component testing capabilities. Ultra Clean's customers are primarily original equipment manufacturers for the semiconductor capital equipment, flat panel, medical, energy and research industries. Ultra Clean is headquartered in Hayward, California. Additional information is available at http://www.uct.com
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The foregoing information contains, or may be deemed to contain, "forward- looking statements" (as defined in the US Private Securities Litigation Reform Act of 1995) which reflect our current views with respect to future events and financial performance. We use words such as "anticipates," "believes," "plan," "expect," "future,"' "intends," "may," "will," "should," "estimates," "predicts," "potential," "continue" and similar expressions to identify these forward-looking statements. Forward-looking statements included in the press release include estimates made with respect to our second quarter 2010 revenue and earnings per share. All forward-looking statements address matters that involve risks and uncertainties. Accordingly, our actual results may differ materially from the results predicted or implied by these forward- looking statements. These risks, uncertainties and other factors include, among others, those identified in "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations'' and elsewhere in our annual report on Form 10-K for the year ended January 1, 2010, filed with the Securities and Exchange Commission. Ultra Clean Holdings, Inc. undertakes no obligation to publicly update or review any forward-looking statements, whether as a result of new information future developments or otherwise.
SOURCE Ultra Clean Holdings, Inc.
