Forbes Names Lam Research Corporation a ''Best Managed'' Company Among ''Platinum 400: Best Big Companies in America''
January 04 2006 - 10:00PM
Business Wire
Lam Research Corporation (NASDAQ:LRCX) today announced that the
Company was among 26 chosen by Forbes for its prestigious "Best
Managed Companies" list. The list is a subsection of Forbes' annual
"Platinum 400: Best Big Companies in America" list. This marks
Lam's first time on the Platinum 400. The list and a profile of Lam
are featured in the January issue of Forbes. The report can be
accessed online at http://www.forbes.com/2005/12/21/
400-best-biggest-companies_06platinum_land.html. (Due to its
length, this URL may need to be copied/pasted into your Internet
browser's address field. Remove the extra space if one exists.)
Forbes evaluates leading companies from its Platinum 400 list in
each industry for the "Best Managed Companies" list, reviewing such
factors as innovation, efficiency, and market leadership. Lam was
chosen from among 10 Platinum 400 companies in the semiconductor
category. "We are pleased that our ability to consistently deliver
strong financial and operational performance has been recognized by
Forbes," stated Steve Newberry, president and chief executive
officer of Lam. "Moreover, being named in our category to the 'Best
Managed Companies' list is a distinct honor and reflects our
employees' commitment to enabling our customers' success and
creating value for all our stakeholders," Newberry concluded.
Statements made in this press release which are not statements of
historical fact are forward-looking statements and are subject to
the safe harbor provisions created by the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements
relate to, but are not limited to, our future ability to deliver
strong financial and operational performance, to enable our
customers' success and to deliver value to our shareholders. Some
factors that may affect these forward-looking statements include:
changing business conditions in the semiconductor industry and the
overall economy and our plans for reacting to those changes,
changing customer demands, the level of demand for new consumer
products, our competitors' development of new technologies that
could affect our market share, and the success of our research and
development programs. Such forward-looking statements are based on
current expectations and are subject to uncertainties and changes
in condition, significance, value and effect as well as other risks
detailed in documents filed with the Securities and Exchange
Commission, including specifically the report on Form 10-Q for the
quarter ended September 25, 2005 and the report on Form 10-K for
the year ended June 26, 2005, which could cause actual results to
vary from expectations. The Company undertakes no obligation to
update the information or statements made in this press release.
Lam Research Corporation is a major supplier of wafer fabrication
equipment and services to the world's semiconductor industry. Lam's
common stock trades on The NASDAQ National Market(R) under the
symbol LRCX. Lam is a NASDAQ-100(R) company. The Company's World
Wide Web address is http://www.lamresearch.com.
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