EV Group to Expand Presence in Korea with Opening of Subsidiary to Bolster Growing R&D and High-Volume Manufacturing Efforts

ST. FLORIAN, AUSTRIA, May 14, 2008 - EV Group, a leading supplier of wafer-bonding and lithography equipment for the advanced semiconductor and packaging, MEMS, silicon-on-insulator (SOI) and emerging nanotechnology markets, today announced that it will open a new subsidiary in Seoul, Korea. The new subsidiary will serve as a direct-to-customer site for sales, service and support efforts for EVG´s existing and potential new customer base. Until now, EVG´s presence in Korea was via both its distribution and R&D partners. This move is set to place EVG on the ground to meet the growing demands for the company´s technologies around the clock or 24/7.

Commenting on today´s announcement, Hermann Waltl, EVG´s senior vice president of sales, noted, "We are highly committed to establishing and sustaining partnerships with our customers. The opening of our own subsidiary in Korea affords us a great opportunity to continue delivering on that commitment in this burgeoning market for EVG. The growth we´ve seen in our customer base thus far, coupled with the market potential, makes this move a clear and natural progression for us. Moreover, as Korea continues to increase its technological development efforts to aggressively compete in the global semiconductor and MEMS arenas, the region is a hotbed for adoption of the latest enabling manufacturing technologies. This creates significant market potential for EVG, particularly in areas such as 3D stacking, advanced chip-to-wafer integration, as well as wafer-to-wafer bonding. So, naturally, the opportunities and benefits of establishing ground operations here are manifold."

Independent of EVG´s efforts within this region, the company has had an active role in Korea for the last decade. Specifically, EVG has collaborated with Jinsan Scientific Co. Ltd. and Jinsan Micro-engineering Ltd. to open a cleanroom facility, known as JML lab. This facility is designed to capture R&D efforts for MEMS, advanced packaging and nanoimprint lithography applications, as well as serve as a demonstration center for EVG´s Korean customer base. In addition, the company is in close partnership with the BioIT National Foundry Center, which was established by Korea´s Ministry of Commerce, Industry and Energy. The Center is based at Seoul National University (SNU)´one of the three national universities focused on transforming local industries into high-value-added industries of the future. The Center at SNU is specifically dedicated to research and development surrounding biotechnology, including lab-on-a-chip.

EVG´s new Korean subsidiary will house myriad functions, including sales, service, process/application and administrative capabilities.

EV Group Korea Ltd. will be located in Room 302, 3rd Floor, ILJIN Building, BanPo-Dong 97-4, SeoCho-Gu, Seoul, Korea, 137-040. Please contact Eugene Lee, Brian Park or Michael Kim for more information at: Sales@EVGroup.kr or Service@EVGroup.kr

About EV Group
EV Group (EVG) is a world leader in wafer-processing solutions for semiconductor, MEMS and nanotechnology applications. Through close collaboration with its global customers, the company implements its flexible manufacturing model to develop reliable, high-quality, low-cost-of-ownership systems that are easily integrated into customers’ fab lines. Key products include wafer bonding, lithography/nanoimprint lithography (NIL) and metrology equipment, as well as photoresist coaters, cleaners and inspection systems.

In addition to its dominant share of the market for wafer bonders, EVG holds a leading position in NIL and lithography for advanced packaging and MEMS. Along these lines, the company co-founded the EMC-3D consortium in 2006 to create and help drive implementation of a cost-effective through-silicon via (TSV) process for major ICs and MEMS/sensors. Other target semiconductor-related markets include silicon-on-insulator (SOI), compound semiconductor and silicon-based power-device solutions.

Founded in 1980, EVG is headquartered in St. Florian, Austria, and operates via a global customer support network, with subsidiaries in Tempe, AZ; Albany, NY; Yokohama and Fukuoka, Japan; Seoul, Korea and Chung-Li, Taiwan. The company's unique Triple i-approach (invent - innovate - implement) is supported by a vertical integration, allowing EVG to respond quickly to new technology developments, apply the technology to manufacturing challenges and expedite device manufacturing in high volume.

EV Group
Tel: +43 7712 5311 0
E-mail: Marketing@EVGroup.com

Marie Labrie
Vice President
MCA, Inc.
Tel: +1-650-968-8900, ext. 119
E-mail: mlabrie@mcapr.com