Astronergy Achieves Dramatic Efficiency Gains in Just Under Two Months With Varian Solion

Co-Development Effort Provides Significant Competitive Advantages

Co-Development Effort Provides Significant Competitive Advantages

Solion Systems Now in Full Production; Millions of Cells Processed on Customer Lines

GLOUCESTER, MA — (Marketwire) — 08/12/11 — Varian Semiconductor Equipment Associates, Inc. ("Varian") (NASDAQ: VSEA) achieved a significant milestone yesterday in the proposed merger between Varian and Applied Materials, Inc. (NASDAQ: AMAT). At a special stockholders meeting yesterday, Varian stockholders voted to approve the merger. Gary Dickerson, Chief Executive Officer of Varian Semiconductor, said, "Gaining shareholder approval is a significant step in the process to com

GLOUCESTER, MA — (Marketwire) — 07/28/11 — Varian Semiconductor Equipment Associates, Inc. ("Varian Semiconductor") (NASDAQ: VSEA) today announced results for its fiscal year 2011 third quarter ended July 1, 2011.Revenue for the third quarter of fiscal year 2011 totaled $328.4 million, compared to revenue of $227.7 million for the same period a year ago. Varian Semiconductor recorded net income of $67.4 million, or $0.87 per diluted share during the third quarter of fiscal year 20