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MATTSON MERGER OF STEAG SEMICONDUCTOR EQUIPMENT DIVISION AND
CFM TECHNOLOGIES, INC. PASSES ANTITRUST REVIEW
HSR Waiting Period Expires and German Federal Cartel Office
Approves Deal
FREMONT, Calif. — September 14, 2000 — Mattson
Technology, Inc. (Nasdaq: MTSN) announced all governmental
antitrust notification and approval requirements are now
satisfied for the proposed business merger between Mattson
and the semiconductor equipment division of STEAG Electronic
Systems AG, and the pending merger with CFM Technologies,
Inc. (Nasdaq: CFMT). The waiting period under the Hart-Scott-Rodino
Antitrust Improvements Act of 1976 has expired for both Steag
and CFM Technologies. Mattson also announced that STEAG received
notification that the German Federal Cartel Office has approved
the transactions.
The closing remains subject to approval by the stockholders
of Mattson and CFM, and other customary closing conditions.
Mattson plans to file with the SEC a Proxy Statement/Prospectus
relating to the transactions within the next two weeks. The
date for the Mattson and CFM stockholder meetings has not
been set, and will depend upon the time required by any SEC
review. A targeted close date of early January was previously
announced. If approvals are obtained early, the parties plan
to accelerate the close date. If closure cannot be accelerated
due to tax and accounting issues, the parties have agreed
to waive all other conditions, essentially fulfilling all
terms of the deal except for the passage of time. This will
significantly enhance the certainty of closing the transaction,
meeting the expressed desire of all parties to complete this
transaction as quickly as possible.
About Mattson Technology
Mattson Technology Inc., is a leading supplier of thermal,
plasma and wet semiconductor processing equipment. The company's
products combine advanced process technology on a high productivity
platform, backed by industry-leading support. Since beginning
operations in 1989, the company's core vision has been to
help bring technology leadership and productivity gains to
semiconductor manufacturers worldwide. Headquartered in Fremont,
Calif., the company maintains sales and support centers throughout
the United States, Europe, Asia/Pacific and Japan. For more
information, please contact Mattson Technology Inc., 2800
Bayview Drive, Fremont, Calif. 94538. Telephone: (800) MATTSON.
Fax: (510) 657-0165. Internet:www.mattson.com
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