Pall Corporation - Re Strategic Alliance
July 14 1997 - 3:41AM
UK Regulatory
RNS No 3330e
PALL CORPORATION
14th July 1997
Strategic Alliance with Unit Instruments
EAST HILLS, N.Y.--(BUSINESS WIRE)--July 11, 1997--Pall
Corporation (NYSE: PLL) and Unit Instruments, Inc. (Nasdaq: UNII)
today announced a strategic alliance to develop a unique mass flow
controller ("MFC") that incorporates Pall's revolutionary PPT
purifier into a single component for the gas delivery systems
utilized by semiconductor manufacturers.
The Pall PPT Purifier reduces the moisture content of process
gases down to previously unattainable levels of parts per trillion.
By designing an MFC that incorporates the PPT into a single
component, and within the same "footprint" of conventional MFCs,
this will allow semiconductor manufacturers to achieve enhanced
purification without redesigning existing gas delivery systems.
Elimination of moisture contamination is a critical element in
semiconductor yield and will become even more important as process
tools migrate to 300 mm platforms and 0.18 micron geometries that
will enable the manufacture of more advanced devices.
With thousands of MFCs used within a single semiconductor plant,
the worldwide market potential for this new component is estimated at
$15 million per year. This revolutionary new product is expected to
be available to the semiconductor market within the next 12 months.
Pall products are firmly established within semiconductor
filtration applications and, more recently, the treatment of waste
water. This agreement strengthens Pall's ability to provide an
integrated, full service approach to the semiconductor market,
allowing customers to rely on one supplier to support all their
filtration and purification needs.
Pall Corporation is the international leader in the design,
manufacture and marketing of fine disposable filters, membranes and
other fluid clarification and separation devices for the Health
Care, Aeropower and Fluid Processing markets. The Company's shares
are listed on the New York Stock Exchange (PLL) and the London Stock
Exchange (0668260).
Unit Instruments, Inc. is a leading manufacturer of mass flow
controllers, ultra high purity gas isolation boxes and ultraclean gas
panels that are critical to the semiconductor manufacturing process.
The company maintains support and service centers throughout North
America, Europe and the Pacific Rim. Unit Instruments is traded on
the Nasdaq National Market under the symbol UNII. Unit's web site is
http://www.unit.com.
This release contains forward-looking statements that are based
on current Company expectations and are subject to risks and
uncertainties which could cause actual results to differ materially.
Such risks and uncertainties beyond the Company's control include,
but are not limited to, foreign exchange rates, regulatory approval,
market acceptance of new technologies, economic conditions and market
demand.
CONTACT: Pall Corporation
Frank Stamatatos
(516) 484-5400
Unit Instruments, Inc.
Gary Patten
(714) 921-2640
END
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