Press Release Details
Entegris Reaches Milestones at Its i2M Center for Advanced Materials Science
BILLERICA, Mass., June 18, 2015 (GLOBE NEWSWIRE) -- Entegris, Inc. (Nasdaq:ENTG), a leader in yield-enhancing materials and solutions for highly advanced manufacturing environments, announced the first shipments of production quantities of UPE (ultra-high molecular weight polyethylene) membrane from its i2M Center for Advanced Materials Science in Bedford, Massachusetts. UPE membrane is a core material used in high-purity filtration solutions for semiconductor and life sciences applications.
"In the first half of 2015, we reached multiple milestones in our expansion plan to provide new membrane technologies to solve the yield challenges our customers face to manufacture semiconductor devices," said Entegris Vice President of the Liquid Microcontamination Control business unit, Clint Haris. "Several key customers have completed their qualification process and are now receiving i2M-based products for use in current applications, as well as for their developmental programs. We're excited to take this step forward as we continue to commercialize other UPE-based technologies in 2015."
The 80,000 sq. ft. facility opened in June 2014 as a $60 million investment intended to create one of the most advanced facilities of its kind. The investment included an expansion of membrane manufacturing capacity, implementation of advanced process controls and upgraded quality monitoring systems. In addition, the i2M Center is also used to develop and manufacture gas filtration and specialty coatings products.
For more information about the i2M Center and the products please visit www.entegris.com or download the fact sheet at http://www.entegris.com/resources/assets/factsheet_i2mcenter.pdf
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Entegris is a leading provider of a wide range of products for purifying, protecting and transporting critical materials used in processing and manufacturing in the semiconductor and other high-tech industries. Entegris is ISO 9001 certified and has manufacturing, customer service and/or research facilities in the United States, China, France, Germany, Israel, Japan, Malaysia, Singapore, South Korea and Taiwan. Additional information can be found at www.entegris.com.
Certain information contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current management expectations only as of the date of this press release, and involve substantial risks and uncertainties that could cause actual results to differ materially from the results expressed in, or implied by, these forward-looking statements. Statements that include such words as "anticipate," "believe," "estimate," "expect," "forecast," "may," "will," "should" or the negative thereof and similar expressions as they relate to Entegris or our management are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. These risks include, but are not limited to, fluctuations in the market price of Entegris' stock, Entegris' future operating results, Entegris' ability to successfully integrate the ATMI business and achieve anticipated synergies, other acquisition and investment opportunities available to Entegris, general business and market conditions and other factors. Additional information concerning these and other risk factors may be found in previous financial press releases issued by Entegris and Entegris' periodic public filings with the Securities and Exchange Commission, including discussions appearing under the headings "Risks Relating to our Business and Industry," "Additional Risks Related to Our Business," "Risks Relating to Our Indebtedness," "Manufacturing Risks," "International Risks," and "Risks Related to Owning Our Securities" in Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 31, 2014, filed with the U.S Securities and Exchange Commission on February 26, 2015, as well as other matters and important factors disclosed previously and from time to time in the filings of Entegris with the U.S. Securities and Exchange Commission. Except as required under the federal securities laws and the rules and regulations of the Securities and Exchange Commission, we undertake no obligation to update publicly any forward-looking statements contained herein.
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