MATTSON
TECHNOLOGY, INC ANNOUNCES PUBLIC OFFERING OF COMMON STOCK
FREMONT, Calif.- January 28, 2004 - Mattson
Technology, Inc. (NASDAQ: MTSN), a leading
supplier of advanced process equipment
used to manufacture semiconductors, today
announced that it intends to offer 3.75 million newly issued
shares of common stock and that STEAG Electronic Systems AG
intends to offer 3.75 million currently outstanding shares
of Mattson common stock in an underwritten public offering.
JPMorgan and Citigroup are serving as the joint book-running
managers for the offering, and Deutsche Bank Securities Inc.
and Needham & Company, Inc. are serving as co-managers.
The shares to be offered by the Company and the selling stockholder are
registered by the Company under its Form S-3 shelf registration statement filed
with the Securities and Exchange Commission (File No. 333-111527) that was
declared effective by the SEC on January 9, 2004. The underwriters of the offering
have a 30-day option to purchase an additional 562,500 shares of common stock
from the Company and 562,500 shares of common stock from the selling stockholder
to cover any over-allotments. The Company intends to use the net proceeds that
it would receive from its portion of the offering for general corporate purposes,
including working capital requirements and potential strategic acquisitions
or investments. The Company will not receive any proceeds from the sale of
shares by the selling stockholder.
A preliminary prospectus supplement will
be filed with the Securities and Exchange
Commission and will be available on the
SEC's website at www.sec.gov. Printed copies
of the preliminary prospectus supplement
and accompanying preliminary prospectus,
when available, may be obtained from J.P.
Morgan Securities Inc., 8th Floor, 277
Park Avenue, New York, New York 10172 and
the Prospectus Department of Citigroup
Global Markets Inc., Brooklyn Army Terminal,
140 58th Street, Brooklyn, NY 11220.
This news release is neither an offer
to sell nor the solicitation of an offer
to buy the securities described herein,
nor shall there be any sale of these securities
in any state or jurisdiction in which such
an offer, solicitation or sale would be
unlawful prior to registration or qualification
under the securities law of any such state
or jurisdiction. The offering may be made
only by means of a prospectus supplement and the accompanying
prospectus.
About
Mattson Technology, Inc.
Mattson Technology, Inc. is a
leading supplier of semiconductor wafer
processing equipment used in the fabrication
of integrated circuits. The company’s
dry strip and RTP equipment utilize innovative
technology to deliver advanced processing
capabilities on high-productivity platforms
for the fabrication of current- and next-generation
devices. Since beginning operations in
1989, the company’s core vision has
been to help bring technology leadership
and productivity gains to semiconductor
manufacturers worldwide. For more information,
please contact Mattson Technology, Inc.,
47131 Bayside Parkway, Fremont, Calif.
94538. Telephone: (800) MATTSON/(510) 657-5900.
Fax: (510) 492-5911.
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