FABTIME NEWS RELEASES

FabTime Cycle Time Management Newsletter Reaches 500 Semiconductor Industry Subscribers

Menlo Park, CA | August 21, 2001

FabTime Inc. today announced that its cycle time management newsletter distribution list had climbed to 500 subscribers. The newsletter is a monthly email publication containing technical articles on wafer fab cycle time management as well as industry news and recommendations. Recent topics have included: the financial benefits of cycle time reduction; overall equipment efficiency (OEE); and cycle time improvement methods for use during a downturn. Other issues have focused on the impacts of variability, theory of constraints, just-in-time manufacturing, single-path tools, batch size decisions, and lot size on cycle time.

The newsletter is focused on the needs of readers who work in manufacturing. “I look forward to getting each issue of the FabTime cycle time management newsletter,” said Thomas Devine, wafer fab manager for ABB Semiconductors AG. “I have been using it to demonstrate the effects various issues can have on line performance. I found the issues on OEE and the cost of cycle time to be especially timely.”

I think that the FabTime cycle time management newsletter provides a valuable service. “I am always on the look out for passing on the newsletter to people who are receptive to improving manufacturing.” -Brent Bogue, manager for world-wide test at Amkor Technology (NASDAQ: AMKR)

Currently approximately 140 companies and universities are represented. The companies with the most subscribers are Advanced Micro Devices (NYSE: AMD), Motorola Corporation (NYSE: MOT), Infineon Technologies (NYSE: IFX), Intel Corporation (NASDAQ: INTC), SEMATECH and STMicroelectronics (NYSE: STM). A newsletter subscription form is available at www.FabTime.com.

About FabTime Inc.

FabTime Inc. is the first company to focus solely on the challenging problem of cycle time management for semiconductor wafer fabrication facilities. We believe that the cycle time problems faced by wafer fabs are uniquely difficult and that our customers will be well-served by a company that declares its focus and sticks to it. To that end, we offer cycle time management software and training, as well as a free email newsletter dedicated to discussing best practices for fab cycle time improvement. FabTime’s website is located at www.FabTime.com.