Trikon Technologies Extends and Amends Revolving Credit Facility with Lloyds TSB
July 07 2005 - 4:30PM
Business Wire
Trikon Technologies, Inc. (Nasdaq: TRKN) today reported that its
GBP 5 million (approximately $9 million) revolving credit facility
with Lloyds TSB Bank plc has been extended and amended. Lloyds TSB
Bank has also agreed that this facility will continue, subject to
certain conditions being met, after completion of the previously
announced proposed consolidation by merger of Trikon and Aviza
Technology, Inc. Trikon has held this credit facility, as amended
from time to time, since July 2003. About Trikon Technologies
Trikon Technologies is a leading provider of wafer fabrication
equipment and services to the global semiconductor industry. Trikon
develops and manufactures advanced capital equipment for plasma
etching and chemical and physical vapor deposition (CVD and PVD) of
thin films for use in the production of semiconductor devices.
These are key components in all electronic products, such as
telecommunication devices, consumer and industrial electronics and
computers. More information is available at: www.trikon.com. "Safe
Harbor" Statement Under the Private Securities Litigation Act of
1995 This news release contains certain forward-looking statements,
which include, without limitation, statements in this new release
about the proposed consolidation through merger of Trikon and Aviza
and the effect of the merger transaction on Trikon's revolving
credit facility with Lloyds TSB Bank plc. The forward-looking
statements in this press release are subject to various risks and
uncertainties that could cause actual results to differ materially,
including, but not limited to, the ability for Trikon and Aviza to
complete the proposed merger transaction and the ability for Trikon
to continue to comply with the covenants and conditions of the
Lloyds revolving credit facility. These factors are not intended to
represent a complete list of all risks and uncertainties inherent
in the Company's business and the market for power semiconductor
products, and should be read in conjunction with the more detailed
cautionary statements included in the Company's SEC reports,
including, without limitation, its annual report on Form 10-K,
quarterly reports on Form 10-Q and current reports on Form 8-K. We
assume no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. Additional Information and Where to Find It New
Athletics, Inc. has filed with the Securities and Exchange
Commission a registration statement and other relevant documents in
connection with the proposed merger transaction involving Aviza and
Trikon. Investors and security holders of Trikon are urged to read
the proxy statement/prospectus that is contained in the
registration statement and the other relevant documents because
they contain important information about New Athletics, Aviza and
Trikon and the proposed merger transaction. Investors and security
holders of Trikon may obtain free copies of the proxy
statement/prospectus and the other relevant documents filed with
the Securities and Exchange Commission at the Securities and
Exchange Commission's website at and may also obtain free copies of
the proxy statement/prospectus by writing to Trikon Technologies,
Inc., Ringland Way, Newport, South Wales NP18 2TA, United Kingdom,
Attention: Investor Relations. Information regarding the identity
of persons who may, under the Securities and Exchange Commission's
rules, be deemed to be participants in the solicitation of
stockholders of Trikon in connection with the proposed merger
transaction, and their interests in the solicitation, will be set
forth in the proxy statement/prospectus that will be filed by
Trikon with the Securities and Exchange Commission and are
contained in the registration statement that has been filed by New
Athletics with the Securities and Exchange Commission.
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