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Chartered Semiconductor Opens
Office in Austin, Texas
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AUSTIN, Texas -- February 9, 2000 --
Chartered Semiconductor Manufacturing (Nasdaq:CHRT) has announced the
opening of a new regional office in Austin. The office will provide customer
service and field engineering support to Texas-based semiconductor and
electronic systems companies that outsource their integrated circuit wafer
fabrication to Chartered.
Michael Rekuc, president of Chartered's
Americas region, said, "For more than a year, we've seen increasing interest
and activity from companies in and around the Texas area. With service as a
cornerstone of our corporate culture, close proximity to our customers is an
important business consideration. This office will allow us to deliver
real-time support to nearby customers and serve as their local link to our
Singapore foundries."
The Chartered office is located at the
following address:
5700 MoPac Expressway South
Building E -- Suite
510
Austin, TX 78749
Telephone: (1) 512.899.4850
Fax: (1)
512.892.5522
- This
is the fourth office the company operates in the United
States. Besides the Americas regional headquarters location
in Milpitas, California, other service and support offices
are located in Irvine, California and Waltham, Massachusetts.
About Chartered
Chartered Semiconductor Manufacturing
(Nasdaq:CHRT and SGX:CHARTERED) is one of the world's leading independent
foundries providing wafer fabrication services. Guided by the tenets of trust,
service, partnership, advanced technology and stability, the Company aims to
provide world-class semiconductor foundry services that enable customers to
create and deliver market-leading system-level solutions. Chartered operates
five fabrication facilities that serve high-growth, technologically advanced
applications such as communications and networking. Headquartered in
Singapore, Chartered employs approximately 3400 people at its 12 locations in
North America, Asia and Europe.
Chartered completed its global initial public offering in October 1999 and
is traded in the United States on Nasdaq and in Singapore on the Singapore
Exchange (SGX). The Company reported 1999 revenues of US $694.3 million.
This news release contains forward-looking statements, as defined in the
safe harbor provisions of the Private Securities Litigation Reform Act of
1995. These forward-looking statements reflect the Company's current views
with respect to future events and financial performance, and are subject to
certain risks and uncertainties, which could cause actual results to differ
materially from historical results or those anticipated. Although the Company
believes the expectations reflected in such forward-looking statements are
based upon reasonable assumptions, it can give no assurance that its
expectations will be attained. A description of certain of the risks and
uncertainties which could cause actual results to differ materially from those
indicated in the forward-looking statements can be found in the section
captioned "Risk Factors" in the Company's prospectus dated October 29, 1999.
The Company undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
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