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Qcept Technologies Secures Investment From Siemens Venture Capital In $3.25M Series B Add-on Round

Posted on: Tuesday, 4 January 2005, 09:00 CST

Siemens Venture Capital Corporate Fund Investment Partner Tom Hawkins Joins Qcept Board of Directors

Qcept Technologies Inc., a leading developer of Chemical Metrology solutions for semiconductor manufacturing, announced today that it has closed its $3.25M series B add-on round of funding, led by Siemens Venture Capital GmbH ("SVC"). As part of the investment, SVC Corporate Fund Investment Partner Tom Hawkins joined Qcept's Board of Directors, which includes Paul H. O'Neill, former Secretary of the United States Treasury, and Dr. David Lam, Silicon Valley industry pioneer and founder of Lam Research.

Proceeds from the investment, which closed on December 20, will be used to accelerate product development and expand sales of Qcept's Chemical Metrology solutions for the semiconductor manufacturing industry.

"Siemens has been an important strategic partner and customer almost since the inception of our company," said Bret Bergman, President and CEO of Qcept. "Siemens Venture Capital has a great track record of supporting firms with breakthrough technologies, and we look forward to working with them as a partner to provide enhanced semiconductor fab and flat panel display manufacturing automation solutions."

SVC's Tom Hawkins commented, "Qcept's revolutionary Scanning Contact Potential Difference Imaging solutions have the potential not only to improve semiconductor manufacturing process control, but also to extend into additional areas that are of interest to Siemens as a leading global technology provider."

About Siemens Venture Capital

Siemens Venture Capital (SVC) is the $600 million corporate venture organization for Siemens AG, (NYSE:SI) one of the largest global electronics and engineering companies with reported worldwide sales of $80.5 billion in fiscal 2003. The goal of SVC is to identify and fund investments in emerging and innovative technologies that will enhance the core business scope of Siemens, particularly in Information and Communications, Automation and Control, Medical Solutions, Automotive Technology and Transportation Systems, Power, and Lighting.

With offices in Munich, San Jose (CA), Boston (MA) and through Siemens Israel, Ltd. in Rosh Ha'ayin near Tel Aviv, SVC has an active portfolio of more than 70 start-up companies and 30 venture capital funds, and plays a key role in the global network of innovation. More: www.siemensventurecapital.com.

About Qcept Technologies Inc.

Qcept delivers Chemical Metrology solutions for the detection, inspection, and measurement of chemical variation and uniformity on semiconductor wafers. The breakthrough technology enables single atomic-layer sensitivity on surfaces. Qcept's Chemetriq(TM) Chemical Metrology solutions are being adopted in critical processes for in-line, non-contact, full-wafer inspection and rapid analysis to increase yield.

For more information, call (404) 685-9434, email info@qceptech.com or visit www.qceptech.com.

Chemetriq is a trademark of Qcept Technologies Inc.

Source: Business Wire

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