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 |
FOR IMMEDIATE RELEASE
October 12, 2006
KLA-TENCOR COMPLETES ACQUISITION OF ADE
SAN JOSE, CA – KLA-Tencor Corporation (NasdaqGS: KLAC) today announced it has completed its
acquisition of ADE Corporation (NasdaqGM: ADEX). Former ADE stockholders will receive $32.50 per
share in cash. The transaction is valued at approximately $474 million.
“We are pleased to welcome ADE as part of KLA-Tencor,” stated Rick Wallace, CEO. “The addition of
ADE further strengthens our leading inspection and metrology product portfolio and will deliver
even more value to our cust