Mattson Technology, Inc. Announces Pricing of Common Stock in Public Offering
February 11 2004 - 8:30AM
PR Newswire (US)
Mattson Technology, Inc. Announces Pricing of Common Stock in
Public Offering FREMONT, Calif., Feb. 11 /PRNewswire-FirstCall/ --
Mattson Technology, Inc. today announced that the underwritten
public offering of 7.5 million shares of its common stock,
including 3.75 million newly issued shares being sold by the
Company and 3.75 million outstanding shares being sold by STEAG
Electronic Systems AG, has been priced at $11.50 per share. This
will result in net proceeds to the Company of approximately $40
million. 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 STEAG to cover any
over-allotments. All of the shares of common stock are being
offered by the company and STEAG pursuant to an effective
registration statement previously filed with the Securities and
Exchange Commission. 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. Copies of the final prospectus supplement and
accompanying prospectus may be obtained, when available, from J.P.
Morgan Securities Inc., 8th Floor, 277 Park Avenue, New York, New
York 10172 and from the Prospectus Department of Citigroup Global
Markets Inc., Brooklyn Army Terminal, 140 58th Street, 8th floor,
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. Mattson Technology
Contact Ludger Viefhues Mattson Technology, Inc. tel 510-492-5954
fax 510-492-5963 DATASOURCE: Mattson Technology, Inc. CONTACT:
Ludger Viefhues of Mattson Technology, Inc., +1-510-492-5954, or
fax, +1-510-492-5963, or Web site: http://www.mattson.com/
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