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Company : Business Wire 
Monday, September 13, 2004 6:53PM IST (1:23PM GMT)
 
(BW)(MN-ENTEGRIS)(ENTG)
Entegris Forms Joint Venture with Mitac-Synnex Group; Joint Venture Company, Entegris Precision Technology, to Serve Asian Semiconductor Market
Chaska, Minn., United States

Entegris, Inc.(Nasdaq:ENTG), a leader in materials integrity management, has formed a joint venture company with Mitac-Synnex Group, the leading electronics manufacturer and distributor in Taiwan. The joint venture company, Entegris Precision Technology Corp., will manufacture products used to protect, transport and store chemicals used in the semiconductor and other high-technology industries in the Asia/Pacific region. Terms of the agreement were not disclosed.

Entegris Precision Technology's flagship product will be the Entegris FluoroPure(R) 200-liter high-density polyethylene blowmolded drum. The product is designed to meet and exceed the semiconductor industry's stringent purity requirements while providing a cost effective, safe and easy-to-use solution for the end user. The HDPE drum has been developed specifically to protect and transport electronic-grade specialty chemicals in the Asia/Pacific market. The drum is UN/DOT certified to meet regulatory shipping requirements.

"Our FluoroPure drum is an important product for the fine chemical market in Asia," said Patrick McKinney, Entegris' semiconductor market president. "This joint venture enables Entegris to move closer to its Asia/Pacific customers by enabling the manufacturing of products, designed to maintain critical materials integrity, within this region. We are excited to work with a company of Mitac-Synnex's stature and global reach." "Our partnership with Entegris further strengthens Mitac-Synnex Group's position as a value chain provider, which will benefit our affiliated companies in the upstream and downstream IT industries," said Matthew Miau, Chairman of Mitac-Synnex Group. "With years of experience in special chemical manufacturing and semiconductor-related business, this joint venture holds a very unique position to not only enhance the product performance of high purity chemicals, but to also provide comprehensive value-added services to our customers. We look forward to creating a new level of products and services for the Asia/Pacific market." The target market for Entegris Precision Technology is limited to the Asia/Pacific region, specifically Taiwan, China, Japan, Korea and Singapore. The companies expect Entegris Precision Technology to be operational by January 2005.

ABOUT ENTEGRIS

Entegris products and services protect and transport the critical materials enabling the world's leading technologies. As a leading materials integrity management company, Entegris provides products and services used in key technology industries including the semiconductor, data storage, chemical processing, biopharmaceutical, medical device and fuel cell.

Entegris is ISO 9001 certified and has manufacturing or service facilities in the United States, Germany, Japan, Malaysia and Singapore. Its advanced research laboratories are located in Minnesota and Colorado, USA. Directly and through distributors, Entegris provides customer support on six continents. Additional information can be found at www.entegris.com

ABOUT MITAC-SYNNEX GROUP

Founded in 1974 and headquartered in Taipei, Taiwan. Mitac-Synnex is the one of the most advanced worldwide ITC (Information Technology and Communication) groups that has more than 40 affiliated companies and 20,000 employees worldwide. The Group's core companies include Mitac International Corp., Mitac Inc., Synnex Corp., Synnex Technology International Corp., UPC Technology Corp., BOC Lienhwa Industrial Gases Co., Ltd., Lienhwa Industrial Corp., and Harbinger Venture Management, covering IT manufacture, distribution and logistics, software development and system integration, electronic chemical manufacture, flour mill and yacht builder, and venture capital investment.

Mitac-Synnex Group highlights:

-- Number 6 among top 100 groups in Asia (source: Electronic Business Asia Magazine)

-- Number 1 electronic distributor in Taiwan, Number 3 in United States

-- Producer of more than 7% of personal computers globally in 2003

-- Taiwan's largest gas supplier to semiconductor and LCD industries

Additional information about Mitac-Synnex is available at www.msgroup.com.tw

 
 
 
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