A-M & TEL Extend Agreement

Applied Mechanical Corporation today announced an extension to the Master Service Agreement with Tokyo Electron America, Inc. Applied Mechanical will continue to provide outsourced labor services to Tokyo Electron America through 2007 in support of TEA’s North American customer base for start-up and sustaining activities.

Applied Mechanical’s President/CEO Tim W. Self, states, “Applied Mechanical considers the continuation of the Master Service Agreement with Tokyo Electron America a major step towards maintaining our position as the industry leader for 3rd party managed service.”

About Applied Mechanical Corporation: Applied Mechanical (AM) is the leading independent provider of technical services to the semiconductor industry in North America and Europe. AM applies operational excellence to enhance the service efficiency of equipment companies and device manufacturers. AM enables a variable cost service model through intelligent customer integration and efficient resource management. AM was founded in 1994, is privately held, and is based in Austin, TX and Dublin, Ireland. https://www.appliedmech.com

About TEL: TEL, established in 1963, is a leading supplier of innovative semiconductor and FPD production equipment worldwide. In Japan, TEL also distributes computer network related products and electronic components of global leading suppliers. To support this diverse product base, TEL is strategically located around the world. TEL is a publicly held company listed on the Tokyo Stock Exchange. https://www.tel.com