FEI-Micrion Merger Receives FTC Clearance
Hillsboro, Oregon (ots-PRNewswire) - FEI Company (Nasdaq: FEIC) and Micrion Corporation (Nasdaq: MICN), leading suppliers of charged particle beam equipment for the worldwide semiconductor and data storage industries, announced that they received antitrust clearance for their proposed merger from the Federal Trade Commission (FTC). Shareholders of each company approved the merger on June 10, 1999. FEI President and CEO, Vahe A. Sarkissian said, "We are pleased with the FTC clearance and the customer support for the merger. We look forward to combining our resources to further focus on customer value." Nicholas P. Economou, Micrion President and CEO, said, "We are pleased that we have received the clearance of the FTC to complete the merger with FEI Company. We look forward to quickly merging companies operations so that we can concentrate on growing our business and offering new and innovative product offerings to our customers." FEI Company is a leading supplier of charged particle beam systems, including FIB systems, scanning electron microscopes, transmission electron microscopes and components for submicron- level imaging, analysis, modification and fabrication. FEI has approximately 1,000 employees worldwide, with manufacturing operations located in Hillsboro, Oregon; Eindhoven, The Netherlands; and Brno, Czech Republic. Micrion Corporation is a world leader in the design, manufacture and marketing of Focused Ion Beam (FIB) systems for use in the design, fabrication and testing of semiconductor, data storage and other high technology products. Micrion FIB systems are used to perform "microsurgery" on integrated circuits and magnetic heads, providing fast, efficient and cost-effective methods for prototype modification, process monitoring, defect analysis and sample preparation. Micrion systems are also used for the micromachining of high-precision parts. Micrion is headquartered in Peabody, MA, and has operations and service centers throughout North America, Europe, Japan and the Far East. ots Original Text Service: FEI Company Internet: http://www.newsaktuell.de Contact: William P. Mooney, Chief Financial Officer of FEI Company, (USA) 503-640-7537, or fax, (USA) 503-640-7570, or BMooney@feico.com; or David M. Hunter, Vice President Finance & Administration of Micrion Corporation, (USA) 978-538-6707, or fax, (USA) 978-531-9648, or email@example.com Web site: http://www.feic.com
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