Formfactor Inc : FormFactor Ranked Among Top 10 Global MEMS Manufacturers
08/16/2007| 08:30pm US/Eastern
FormFactor, Inc. (Nasdaq:FORM) today announced that two leading
micro-electro-mechanical systems (MEMS) market research firms?Bourne
Research and Wicht Technologie Consulting (WTC)?have
ranked FormFactor among the top 10 global MEMS manufacturers, based on
2006 MEMS revenues. Marking the first year that the company has achieved
this milestone, FormFactor joins the ranks of other leading MEMS
suppliers, such as Texas Instruments, Hewlett Packard and Canon.
?MEMS technology is at the heart of our
advanced wafer probe card solutions, which help enable semiconductor
manufacturers to lower their test costs,?
stated Igor Khandros, chief executive officer of FormFactor. ?With
more than 13 years of learning and expertise in MEMS probe technology,
FormFactor is uniquely positioned to leverage this critical technology
to develop customized solutions that meet our customers'
ever-evolving test requirements. We also see other applications and
markets to which our MEMS expertise can be adapted.?
?As a start-up/pure-play, FormFactor's
growth has been phenomenal,? said Marlene
Bourne, president of Bourne Research. ?The
fact that FormFactor is now right up there on the list alongside some of
the industry's biggest players is quite an
accomplishment. At its current trajectory, the company has a real
opportunity to be ranked even higher in the next year or so.?
FormFactor's MEMS research facilities,
located at its headquarters in Livermore, are dedicated to developing
the company's MicroSpring®
interconnect technology, including its 3-D probe contact technology. In
addition to providing better electrical performance and power delivery
compared to other wafer probe contact techniques, FormFactor's
MicroSpring technology is extremely robust, highly scalable and provides
low force contact, allowing semiconductor manufacturers to meet their
test roadmap requirements for shrinking the size of their test pads and
manufacturing smaller devices.
Statements in this press release that are not strictly historical in
nature are forward-looking statements within the meaning of the federal
securities laws, including statements regarding business momentum,
demand for our products and solutions and future growth. These
forward-looking statements are based on current information and
expectations that are inherently subject to change and involve a number
of risks and uncertainties. Actual events or results might differ
materially from those in any forward-looking statement due to various
factors, including, but not limited to: the demand for certain
semiconductor devices; the company's ability
to leverage its MEMS technology to develop customized solutions that
meet its customers' ever-evolving test
requirements; the company's continuing
ability to innovate and develop and deliver the next generation of
testing technology to help enable semiconductor manufacturers to lower
their test costs; and the company's ability
to adapt its MEMS expertise to other applications and markets.
Additional information concerning factors that could cause actual events
or results to differ materially and adversely from those in any
forward-looking statement is contained in the company's
filings with the Securities and Exchange Commission, including the
company's Form 10-K for the fiscal period
ended December 30, 2006 and subsequent Form 10-Q and 8-K filings. Copies
of the company's SEC filings are available at http://investors.formfactor.com/edgar.cfm.
The company assumes no obligation to update the information in this
press release, to revise any forward-looking statements or to update the
reasons actual results could differ materially and adversely from those
anticipated in forward-looking statements.
Founded in 1993, FormFactor, Inc. (Nasdaq:FORM) is the leader in
advanced wafer probe cards, which are used by semiconductor
manufacturers to electrically test ICs. The company's
wafer sort, burn-in and device performance testing products move IC
testing upstream from post-packaging to the wafer level, enabling
semiconductor manufacturers to lower their overall production costs,
improve yields, and bring next-generation devices to market. FormFactor
is headquartered in Livermore, California with operations in Europe,
Asia and North America. For more information, visit the company's
web site at www.formfactor.com.
FormFactor and MicroSpring are trademarks or registered trademarks of
David Viera, Director of Corporate Communications
Investor Relations, 925-290-4949
© Business Wire 2007