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Varian Semiconductor Again Takes #1 Ranking in VLSI Research 10 BEST Award for Large Suppliers of Chip Making Equipment

Posted on: Tuesday, 26 June 2007, 12:08 CDT

Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA) today announced that for the second consecutive year it has achieved the #1 ranking in the prestigious VLSI Research 10 BEST Award for Large Suppliers of Chip Making Equipment.

This award was based on customer survey results from more than 570 individuals at 48 different companies worldwide. Varian Semiconductor received the best ratings among its chip making equipment peers in the following categories that are critical to customers: cost of ownership, uptime, software, build quality, usable throughput, quality of results, product performance, process support, field engineering support, spares support, support after sales, and commitment.

"This award validates that we are continuing to make tremendous strides in delivering the industry's highest quality products and services at the lowest overall costs to our customers," said Gary Dickerson, Chief Executive Officer of Varian Semiconductor. "We thank all of our customers for rewarding our efforts. We remain fully committed to providing the highest level of customer service in the industry, and delivering to our customers the best products and services that will yield them a competitive advantage."

"We at VLSI Research have long equated high market share with a superior level of customer satisfaction, and Varian Semiconductor is the best evidence yet of this truism," said G. Dan Hutcheson, Chief Executive Officer at VLSI Research. "Varian continues to distinguish itself from its peers by delivering superior ion implantation products and the highest levels of service and support. It's no secret that Varian is fully engaged in deploying a hard to beat strategy in gaining market share at the expense of its competitors, while building its business worldwide based on a strong foundation of mutually beneficial relationships with highly satisfied customers."

About VLSI Research Inc

VLSI Research Inc is the leading provider of market research and economic analysis on the technical, business, and economic aspects of the high technology chip making industry. The Company is known for its unparalleled accuracy, innovation in market research, and its sharply focused insight into the rapidly changing landscape of the chip making business. VLSI Research's databases on chip making are used throughout the industry, the investment community, and by governments for decisive strategic planning. VLSI Research was founded in 1976 and incorporated in California in 1981. The Company's website is https://www.vlsiresearch.com/.

About Varian Semiconductor

Varian Semiconductor Equipment Associates is the leading supplier of ion implant equipment to semiconductor manufacturers, enabling them to pack more, higher performing transistors into computer chips that are revolutionizing the electronics industry. Varian Semiconductor's products are used by chip manufacturers worldwide to produce high-performance semiconductor devices. Customers have made Varian Semiconductor the market leader in ion implant because of its architecturally superior products that lower their costs and improve their productivity. The Company has ranked #1 in the VLSI Research Customer Satisfaction Survey 10 times over the last 11 years. Varian Semiconductor operates globally and is headquartered in Gloucester, Massachusetts. More information can be found on Varian Semiconductor's web site at www.vsea.com.

Note: This release contains forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. For this purpose, the statements concerning the Company's performance, market share and technology leadership, technological capabilities and benefits and growth are forward-looking statements and any statements using the terms "believes,""anticipates,""expects,""plans," or similar expressions are forward-looking statements. There are a number of important risks and factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements. These include, among others, volatility in the semiconductor equipment industry; economic conditions in general and as they affect the Company's customers; significant fluctuations in the Company's quarterly operating results; the impact of rapid technological change; the Company's dependence on the development and introduction of new products; the Company's concentration on ion implantation systems and related products; concentration in the Company's customer base and lengthy sales cycles; the highly competitive market in which the Company competes; the risks associated with international sales; foreign currency risks; and general economic conditions; and other factors identified in the Company's Annual Report on Form 10-K, and the most recent Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. The Company cannot guarantee any future results, levels of activity, performance or achievement. The Company undertakes no obligation to update any of the forward-looking statements after the date of this press release.

 Contacts: Bob Halliday Executive Vice President Chief Financial Officer 978.282.7597 or Mary Wright Director, Investor Relations 978.282.5859 or Tom Baker VP, Finance 978-282-2301  

SOURCE: Varian Semiconductor

Source: MARKET WIRE

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