JMAR Completes Purchase of SAL
SAN DIEGO, Aug. 10 -- JMAR Technologies Inc. has completed the purchase of all the outstanding equity of Vermont-based Semiconductor Advanced Lithography Inc. (SAL). At the closing, SAL was merged into JMAR/SAL NanoLithography Inc., or "J-SAL," a California corporation which is a wholly-owned subsidiary of JMAR Technologies Inc.
By integrating JMAR's laser plasma x-ray sources with SAL's x-ray steppers and other supporting technologies, the J-SAL unit will become one of only two remaining U.S.-owned lithography system companies. The new entity's first strategic target is to provide manufacturers of high-speed gallium arsenide (GaAs) semiconductors an integrated XRL processing capability before the end of 2002. J-SAL believes that it will subsequently be able to provide more affordable sub-0.13 micron silicon chip processing on an earlier timescale than currently projected for alternative NGL developmental technologies.
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