VSEA Varian Semiconductor (MM)

Varian Semiconductor Equipment Associates, Inc. ("Varian") (NASDAQ: VSEA) announced today that it has launched the VIISta Trident High Current Ion Implant tool. The VIISta Trident challenges conventional wisdom about engineering tradeoffs by providing the industry with enabling technology for high-performance, low-leakage devices while simultaneously improving productivity.

Trident has been designed to maximize performance in three key areas: device performance and yield, energy purity and productivity. Trident anticipates future node requirements with significant advancements in uniformity, angle control and process temperature control.

Trident is designed for the highest energy purity across all species, doses and energies for even the most challenging recipes and represents the best high productivity performance in the industry. Trident's advanced beam-line design also provides the industry's best global and local uniformity and the tightest angle control.

Trident leverages Varian's Process Temperature Control product, PTC II. PTC II enables implantation while controlling wafer temperature to as low as -100 degrees Celsius. PTC II is a proven enabler of high performance and low leakage transistors. PTC II has the highest reliability of any low temperature option in the industry and is the only one running in high volume manufacturing on multiple layers.

Robert Perlmutter, Executive VP of Varian Ion Implant Business Units, said, "The VIISta Trident extends Varian's leadership position in the demanding High Current product segment. Extending the common elements of the VIISta platform, the Trident brings our cutting-edge customers a product that will widen the gap with competitive tools while providing them with enabling capability for advanced technology nodes."

Logic, memory and foundry customers are evaluating Trident for advanced nodes. A large Asian manufacturer has qualified and is using Trident in production. Volume shipments will begin in the first half of 2011.

About Varian Semiconductor Varian Semiconductor Equipment Associates is the leading supplier of ion implant equipment to semiconductor manufacturers, enabling them to pack more, higher performing transistors into computer chips that are revolutionizing the electronics industry. Varian Semiconductor's products are used by chip manufacturers worldwide to produce high-performance semiconductor devices. Customers have made Varian Semiconductor the market leader in ion implant because of its architecturally superior products that lower their costs and improve their productivity. Varian Semiconductor operates globally and is headquartered in Gloucester, Massachusetts. More information can be found on Varian Semiconductor's web site at www.vsea.com.

Safe Harbor This press release contains forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. For this purpose, statements concerning Varian Semiconductor's guidance for expected product shipments, including volume shipments for Trident in 2011 and any statements using the terms "believes," "anticipates," "will," "expects," "plans" or similar expressions, are forward-looking statements. The forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: volatility in the semiconductor equipment industry; intense competition in the semiconductor equipment industry; Varian Semiconductor's dependence on a small number of customers; fluctuations in Varian Semiconductor's quarterly operating results; market adoption of Varian Semiconductor's new products, such as the Solion implant product; Varian Semiconductor's exposure to risks of operating internationally; uncertain protection of Varian Semiconductor's patent and other proprietary rights; Varian Semiconductor's reliance on a limited group of suppliers; Varian Semiconductor's ability to manage potential growth, decline and strategic transactions; Varian Semiconductor's reliance on one primary manufacturing facility; and Varian Semiconductor's dependence on certain key personnel. These and other important risk factors that may affect actual results are discussed in detail under the caption "Risk Factors" in Varian Semiconductor's Annual Report on Form 10-K for the fiscal year ended October 2, 2009 and in other reports filed by Varian Semiconductor with the Securities and Exchange Commission. Varian Semiconductor cannot guarantee any future results, levels of activity, performance or achievement. Varian Semiconductor undertakes no obligation to update any of the forward-looking statements after the date of this release.

Contacts: Bob Halliday Executive Vice President and Chief Financial Officer 978.282.7597 or Tom Baker Vice President, Finance 978.282.2301