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PRESS RELEASE
January 27, 2008
MAGNETIC SOLUTIONS SHIPS ITS LATEST ANNEALING TECHNOLOGY TO LEADING HARD DISK DRIVE MANUFACTURER

(Dublin, Ireland)

– Magnetic Solutions Limited today announced that a leading hard disk drive manufacturer had taken delivery of its latest magnetic annealing system, the MRT5000, to be used to anneal wafers in the manufacture of read write head sensors used in their high density disk drives.

The MRT5000 has several patented features and offers wafer throughput rates never achieved before during the magnetic annealing process. According to David Hurley CEO of Magnetic Solutions, “The MRT5000 was designed to meet the increasing complexity and higher throughput requirements of its hard disk drive customers as they move to higher areal density drives, perpendicular media, increased substrate size and more elaborate process recipes.” According to market researchers the number of hard drives shipped annually will increase by 50% between now and 2009. Hurley added, “The MRT5000 offers wafer throughput rates during vacuum anneals double the rate of existing technology on the market today. This means considerable cost savings for our customers.”

About Magnetic Solutions 

Magnetic Solutions, a privately held company based in Dublin, Ireland with offices in the USA, Korea, Japan and Taiwan, is a leading developer of process technology used in the manufacture of magneto-electronic devices such as MRAM, a non-volatile memory chip, GMR sensors used in data storage.

Since its introduction in 2000, the MRT1000/2000 system has become the industry leading magnetic annealing technology for MRAM providing exceptional reliability, low cost of ownership, fast cycle times and is used by leading semiconductor companies in the USA, Europe, Korea and Japan.

http://www.magnetic-solutions.com

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