Entering 2010, the industry outlook and Cymer’s business opportunity is very encouraging. Increased demand for consumer electronic products such as personal computers, netbooks, smart phones, and solid state drives is fueling the need for advanced semiconductors, and with that, the demand for new manufacturing equipment. Chipmakers are making sub-42nm technology investments in advanced lithography tools and as a result our business is strengthening. But we view 2010 as a year of growth and investment for Cymer. From a growth perspective, chipmaker utilization is high, and investment in ArF immersion technology and KrF capacity purchases is increasing. From an investment perspective, we will continue to invest in our LPP EUV light source technology and commercialization and new DUV product requirements. We are also encouraged by the strong interest in our TCZ laser crystallization tool for the OLED display market, and we will continue to move forward with the commercialization of this exciting technology.
We are proud of the advances we have made in what has been a challenging year for the global economy and the semiconductor industry. We are especially proud of Cymer employees. Their dedication to the success of our customers and drive toward technological innovation have well positioned the company to take advantage of the improving business environment.
In closing, on behalf of the management team of Cymer, we wish to express our appreciation to our customers, shareholders, and suppliers for their continued support.
Robert P. Akins
Chairman & CEO
Edward J. Brown, Jr.
President & COO
