"We are pleased to have settled this costly and distracting matter," stated Dr. Matthew Neville, Cabot Microelectronics' Chairman, President and CEO. "With these matters now behind us, we will be better able to focus on our customers' interests in the further development and advancement of chemical mechanical planarization technologies," concluded Neville.
About Cabot Microelectronics CorporationCabot Microelectronics, headquartered in Aurora, Illinois, USA, is the world leader in the development and supply of high-performance polishing slurries used for chemical mechanical planarization (CMP), a process that enables the manufacture of the most advanced integrated circuit (IC) devices and hard disk drive components. The Company reported fiscal 2001 revenues of $227.2 million. For more information please visit the Cabot Microelectronics web site at www.cabotcmp.com or call 1-630-499-2600.
Safe Harbor StatementThe statements contained in this news release may contain "forward-looking statements." Actual results may differ materially from those anticipated in such forward-looking statements. All of these statements are expressly qualified in their entirety by the risk factors and other cautionary statements included in Cabot Microelectronics' filings with the Securities and Exchange Commission. Cabot Microelectronics Corporation assumes no obligation to update this forward-looking information.
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