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Following is a list of Axcelis' Financial Press Releases. For a complete listing of all press releases please visit our Articles page.

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Press Release Archives
DateTitle 
11/04/08Axcelis Announces Financial Results for Third Quarter 2008
BEVERLY, Mass., Nov 4, 2008 (GlobeNewswire via COMTEX News Network) -- Axcelis Technologies, Inc. (Nasdaq:ACLS) today announced financial results for the third quarter ended September 30, 2008. The Company reported third quarter revenues of $46.5 million, compared to $76.9 million for the second quarter of 2008. Net loss for the third quarter was $24.7 million, or $0.24 per share. This compares to a net loss for the second quarter of 2008 of $19.4 million, or $0.19 per share. In the correspondin... 
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10/22/08Axcelis Announces Comprehensive Restructuring Plan
Workforce Reduction and Debt Refinancing Will Improve Operating Results and Liquidity BEVERLY, Mass., Oct 22, 2008 (GlobeNewswire via COMTEX News Network) -- Axcelis Technologies, Inc. (Nasdaq:ACLS), a leading supplier of ion implantation and cleaning systems, today announced a two-pronged restructuring plan that allows the Company to reduce operating costs and improve liquidity while continuing to penetrate new markets with its Optima and Integra product lines. -- As part of the fir... 
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10/16/08Axcelis Announces Timing of Third Quarter 2008 Results
BEVERLY, Mass., Oct 16, 2008 (GlobeNewswire via COMTEX News Network) -- Axcelis Technologies, Inc. (Nasdaq:ACLS), a leading supplier of ion implantation and cleaning systems, today announced that it plans to release third quarter 2008 financial results on Tuesday, November 4, 2008. Safe Harbor Statement This document contains a forward-looking statement under the SEC safe harbor provisions regarding our plans to announce financial results for the third quarter of 2008. This statement is base... 
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08/08/08Axcelis Announces Financial Results for Second Quarter 2008
BEVERLY, Mass., Aug. 8, 2008 (PRIME NEWSWIRE) -- Axcelis Technologies, Inc. (Nasdaq:ACLS) today announced financial results for the second quarter ended June 30, 2008. The Company reported second quarter revenues of $76.9 million, compared to $84.9 million for the first quarter of 2008. Net loss for the second quarter was $19.4 million, or $0.19 per share. This compares to a net loss for the first quarter of 2008 of $11.1 million, or $0.11 per share. This net loss is greater than our guidance du... 
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07/09/08Axcelis Introduces the Integra RS Dry Strip System
New Multi-Chamber Wafer Cleaning System Based On Proven Technology Offers Unprecedented Productivity and Operational Flexibility BEVERLY, Mass., July 9, 2008 (PRIME NEWSWIRE) -- Axcelis Technologies, Inc. (Nasdaq:ACLS) today introduced the new Integra RS photoresist dry strip cleaning system, which brings significantly higher productivity and flexibility to Axcelis' already proven advanced process capabilities. The new system, available immediately, offers the highest manufacturing productivity... 
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06/06/08Axcelis Technologies, Sumitomo Heavy Industries and TPG Capital Enter Into Confidentiality Agreement
BEVERLY, Mass., June 6, 2008 (PRIME NEWSWIRE) -- Axcelis Technologies, Inc. (Nasdaq:ACLS) reported today that it, Sumitomo Heavy Industries Ltd. (SHI) (TSE:6302) and TPG Capital have entered into a confidentiality agreement with respect to discussions between the parties and the confidentiality of information to be provided by Axcelis to SHI and TPG. The parties intend to commence these discussions promptly. There can be no assurance that these discussions will result in any transaction. Ab... 
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05/23/08Axcelis Board Determines Not to Accept Resignations of the Three Directors Elected At Company's Annual Meeting of Stockholders
Important to Have Full Experienced Board in Place as Axcelis Moves Forward With Effort to Enter Discussions With Sumitomo Heavy Industries and Other Business Matters Board Will Consider Recommending Declassification of Board of Directors At Next Annual Meeting of Stockholders BEVERLY, Mass., May 23, 2008 (PRIME NEWSWIRE) -- Axcelis Technologies, Inc. (Nasdaq:ACLS) today reported that the Board of Directors has determined it is not in the bes... 
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05/07/08Axcelis Announces Financial Results for First Quarter 2008
BEVERLY, Mass., May 7, 2008 (PRIME NEWSWIRE) -- Axcelis Technologies, Inc. (Nasdaq:ACLS) today announced financial results for the first quarter ended March 31, 2008. The Company reported first quarter revenues of $84.9 million, compared to $89.6 million for the fourth quarter of 2007. Net loss for the first quarter was $11.1 million, or $0.11 per share. This compares to a net loss for the fourth quarter of 2007 of $10.6 million, or $0.10 per share. In the corresponding quarter for the previous ... 
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04/16/08Axcelis Regrets Sumitomo Heavy Industries' Tactics are Unproductive
BEVERLY, Mass., April 16, 2008 (PRIME NEWSWIRE) -- Axcelis Technologies, Inc. (Nasdaq:ACLS), in response to a press release issued today by Sumitomo Heavy Industries, Ltd. (SHI) (TSE:6302), stated: "Axcelis has been and remains ready to engage in private, confidential discussions with SHI, but SHI appears to be more interested in negotiations through the press. Axcelis does not believe that negotiation through the press is productive. When SHI is ready to talk privately with Axcelis, Axcelis wil... 
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04/14/08Axcelis Provides Updated Information and Conference Call Timing for First Quarter 2008
BEVERLY, Mass., Apr 14, 2008 (PrimeNewswire via COMTEX News Network) -- Axcelis Technologies, Inc. (Nasdaq:ACLS) today revised its previously announced guidance for the first quarter ended March 31, 2008. Axcelis expects its net loss per share to be in the range of $0.10 to $0.14, which is below the $0.04 to $0.08 range previously provided. The reason for the shortfall is due to an unanticipated drop in the quarter in the the equity income and royalties received from SEN, the Company's 50% owned... 
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03/17/08Axcelis Technologies Board of Directors Determines Revised Unsolicited Proposal by Sumitomo Heavy Industries Undervalues Axcelis and is Not in the Best Interests of Axcelis and Its Shareholders
BEVERLY, Mass., March 17, 2008 (PRIME NEWSWIRE) -- Axcelis Technologies, Inc.(Nasdaq:ACLS) today reported that its Board of Directors has unanimously rejected the unsolicited proposal by Sumitomo Heavy Industries, Ltd. (SHI) (TSE:6302) and its private equity partner, TPG, to acquire all Axcelis common stock for $6.00 per share. The Axcelis Board, after carefully evaluating the offer with its financial and legal advisors, determined the proposal undervalues Axcelis and is not in the best interest... 
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03/10/08Axcelis Technologies Board of Directors Will Evaluate New Unsolicited Proposal by Japanese Company Sumitomo Heavy Industries
BEVERLY, Mass., March 10, 2008 (PRIME NEWSWIRE) -- Axcelis Technologies, Inc. (Nasdaq:ACLS) today confirmed that it has received an unsolicited letter from Japanese company Sumitomo Heavy Industries, Ltd. (SHI) (TSE:6302) proposing to acquire all Axcelis common stock for $6.00 per share. The letter states that SHI does not intend to increase its price again. The board will thoroughly evaluate this proposal with its independent financial and legal advisors and respond in due course. Axcelis ... 
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02/25/08Axcelis Technologies Board of Directors Unanimously Rejects Unsolicited Takeover Proposal By Japanese Company, Sumitomo Heavy Industries, and TPG
-- Board Views Unsolicited Proposal by the Company's Japanese Business Partner as Not in Best Interests of Axcelis and Its Shareholders -- -- Board Confident In Company's Long-Term Potential and Committed to Achieving Enhanced Value to Shareholders -- BEVERLY, Mass., Feb. 25, 2008 (PRIME NEWSWIRE) -- Axcelis Technologies, Inc. (Nasdaq:ACLS) today announced that its Board of Directors has unanimously rejected an unsolicited propos... 
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02/11/08Axcelis Technologies, Inc. Confirms Receipt of Unsolicited Letters by a Japanese Company, Sumitomo Heavy Industries
No Action for Shareholders to Take At This Time BEVERLY, Mass., Feb. 11, 2008 (PRIME NEWSWIRE) -- Axcelis Technologies, Inc.(Nasdaq:ACLS) today confirmed that it has received a series of unsolicited letters, from a Japanese company, Sumitomo Heavy Industries, Ltd. (SHI) (TSE:6302), dated February 4, 2008 and February 11, 2008, in which SHI makes a contingent proposal to acquire Axcelis at a nominal premium of $5.20 per share. The Japanese company uses Axcelis' currently depressed stock price as... 
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02/06/08Axcelis Receives Order for Optima HD High Dose Ion Implanter
Process and Productivity Advantages Key Factors for New Customer Win BEVERLY, Mass., Feb. 6, 2008 (PRIME NEWSWIRE) -- Axcelis Technologies, Inc. (Nasdaq:ACLS) today announced that it has received an order from a new customer for its single wafer Optima HD high dose implanter. The Optima HD is the industry's only implanter that addresses traditional high dose implants as well as an expanding range of applications that include molecular and hydrogen implants. The system will ship during the first... 
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01/31/08Axcelis Announces Financial Results for Fourth Quarter and Full Year 2007
BEVERLY, Mass., Jan. 31, 2008 (PRIME NEWSWIRE) -- Axcelis Technologies, Inc. (Nasdaq:ACLS) today announced financial results for the fourth quarter and full year ended December 31, 2007. The Company reported fourth quarter revenues of $89.6 million, compared to $107.6 million for the third quarter of 2007. Net loss for the fourth quarter was $10.6 million, or $0.10 per share, of which $0.02 was attributable to restructuring charges. This compares to a net loss for the third quarter of 2007 of $8... 
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01/11/08Axcelis Announces Timing of Fourth Quarter Conference Call and Live Webcast
BEVERLY, Mass., Jan 11, 2008 (PrimeNewswire via COMTEX News Network) -- Axcelis Technologies, Inc. (Nasdaq:ACLS) today announced that the company will be hosting a conference call on Thursday, January 31, 2008, beginning at 5:00 pm ET. The purpose of the call is to discuss fourth quarter and year end results for 2007 and to provide guidance for the first quarter of 2008. The call will be available to interested listeners via an audio webcast that can be accessed through Axcelis' home page at ww... 
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