Exhibit 99.1
NEWS RELEASE
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KLA-Tencor Contacts:
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Jeff Hall |
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Chief Financial Officer |
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(408) 875-6800 |
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jeff.hall@kla-tencor.com |
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Kyra Whitten (Media) |
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Sr. Director, Corporate Communications |
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(408) 875-7819 |
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kyra.whitten@kla-tencor.com |
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ADE Contact:
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Brian James |
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Executive Vice President and |
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Chief Financial Officer |
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(781) 467-3500 |
FOR IMMEDIATE RELEASE
KLA-TENCOR / ADE ACQUISITION RECEIVES GERMAN
ANTITRUST CLEARANCE
Merger
Expected to Close on October 11, 2006
SAN JOSE, CA and WESTWOOD, MA, October 5, 2006 — KLA-Tencor Corporation (NasdaqGS: KLAC) and ADE
Corporation (NasdaqGM: ADEX) announced that the acquisition of ADE by
KLA-Tencor has received the approval of
German antitrust authorities and that the previously announced Phase II investigation of the
acquisition has been closed. The acquisition has already been cleared by the antitrust authorities
in the United States and in all other applicable jurisdictions. In addition, ADE’s stockholders
approved the acquisition on July 13, 2006. The parties expect
the merger to close on October 11,
2006.
About ADE Corporation:
ADE Corporation is a leading supplier of metrology and inspection systems for the semiconductor
wafer, semiconductor device, magnetic data storage and optics manufacturing industries. Wafer
suppliers and device manufacturers worldwide rely on ADE measurement and inspection systems to
certify and ensure the highest quality bare silicon substrates. ADE’s most recent generation of
products serve both 65nm in-line manufacturing applications and 45nm process development.
Semiconductor device yields begin with the bare wafer, and ADE’s leading technology provides early
insight into surface defect, shape, flatness and nanotopography of these advanced 300mm
substrates. Additional information about ADE is available on the Internet at http://www.ade.com,
which website is not part of this press release.
About KLA-Tencor:
KLA-Tencor is the world leader in yield management and process control solutions for semiconductor
manufacturing and related industries. Headquartered in San Jose, Calif., the company has sales and
service offices around the world. An S&P 500 company, KLA-Tencor is traded on the NASDAQ Global
Select Market under the symbol KLAC. Additional information about the company is available on the
Internet at http://www.kla-tencor.com, which website is not part of this press release.
Cautionary Statement Regarding Forward-Looking Statements
This news release contains certain forward-looking statements within the meaning of the “safe
harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and
federal securities law. Such forward-looking statements are subject to known and unknown risks
and uncertainties that could cause actual results to differ materially from those expressed or
implied by such statements. Those statements that make reference to expectations, predictions,
beliefs, and assumptions should be considered forward-looking statements. These statements
include, but are not limited to, those associated with the expected closing time for the proposed
merger. These statements involve risks and uncertainties including those associated with failure
to consummate or delay in consummating the proposed merger, changes in laws or regulations and
other similar factors. Further information on potential factors that could affect KLA-Tencor’s or
ADE Corporation’s respective businesses is contained in their reports on file with the Securities
and Exchange Commission, including their respective
Form 10-K’s. Except as otherwise required by law KLA-Tencor and ADE are under no
obligation to (and expressly disclaim any such obligation to) update or alter their respective
forward-looking statements whether as a result of new information, future events or otherwise.
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