"Achieving this registration demonstrates our continued strong commitment to increasing customer trust and to improving our product and service quality and process management systems," stated Steve Newberry, Lam's president and COO.
"Assimilating the ISO 9001:2000 framework within our Lam Quality Management System enables us to better maintain our leadership position within the increasingly competitive semiconductor equipment industry," stated Bob Rudy, Lam's vice president of business excellence. "We are honored to be one of the first companies in the world to attain this distinction."
NSAI's Quality Management System Registration program registers organizations whose quality management systems conform to international quality standards, such as the International Organization for Standardization (ISO) 9000 series. The new ISO 9001:2000 standard was developed by an international body of quality management system experts and was officially released in December 2000. Qualifying for registration is an extensive process, taking at least six months to complete detailed inspection and evaluation of documentation and processes. Lam's registration audit took place in mid-July and was conducted by a team of auditors from NSAI's headquarters in Dublin, Ireland.
This press release contains certain forward-looking statements which are subject to the Safe Harbor provisions created by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate generally to Lam's future plans for product quality and enhancements and the systems or methods it will utilize to accomplish those goals. Such statements are based on current expectations and are subject to risks, uncertainties, and changes in condition, such as a continued downturn in the semiconductor equipment market affecting existing orders and shipment schedules, and other risks detailed in documents filed with the Securities and Exchange Commission, including specifically the report on Form 10-K for the year ended June 25, 2000, and the Form 10-Q for the quarter ended March 25, 2001. The company undertakes no obligation to update the information in this Press Release.
Lam Research Corporation is a leading supplier of wafer fabrication equipment and services to the world's semiconductor industry. Lam's common stock trades on the Nasdaq National Market under the symbol LRCX. The Company's World Wide Web address is http://www.lamrc.com.