Axcelis Announces Availability and Timing for Mid Fourth Quarter Conference Call

November 10, 2000 at 4:45 PM EST

BEVERLY, Mass.--(BUSINESS WIRE)--Nov. 10, 2000--Axcelis Technologies, Inc. (NASDAQ:ACLS) today announced it will be hosting a conference call on Friday, November 17th, beginning at 9:00 a.m. EST. The purpose of the call is to provide mid-quarter guidance on Axcelis' business performance and outlook. Over a period of several weeks subsequent to the call, management intends to conduct informational meetings with Eaton and Axcelis shareholders in anticipation of Eaton's announced spin-off of its ownership interest in Axcelis by year-end.

The call will be available to interested listeners via an audio webcast that can be accessed through Axcelis' home page http://www.axcelis.com, or by dialing 1-888-588-7932 (Dial 1-706-634-7442 outside of North America). Participants calling into the conference will be requested to provide company name: Axcelis Technologies and passcode: Mid Fourth. A telephone replay will also be available from 10:30 a.m. EST November 17, 2000 until 5:00 p.m. EST November 24, 2000. Dial 1-800-642-1687 (dial 1-706-645-9291 outside of North America). Please enter conference ID code #480400.

About Axcelis Technologies, Inc.

Axcelis Technologies, Inc., headquartered in Beverly, Massachusetts, provides innovative, high-productivity manufacturing solutions for the semiconductor industry. Axcelis is dedicated to the design and manufacture of high current, medium current and high energy ion implantation equipment; rapid thermal processing systems; and photostabilization and photoresist stripping equipment. Axcelis Technologies has manufacturing facilities in Beverly and Rockville, Maryland, as well as in Toyo, Japan through its joint venture Sumitomo Eaton Nova. The Company's Internet address is: http://www.axcelis.com

--30--el/bos*

CONTACT: Axcelis Technologies, Inc.
Maureen Hart
(978) 232-4266
maureen.hart@axcelis.com
or
Axcelis Technologies, Inc.
Investor Contact:
Jan Paul van Maaren
(978) 232-4213
janpaul.vanmaaren@axcelis.com
or
The Loomis Group Inc.
Gabrielle Svenning
(617) 638-0022
gabrielle@loomisgroup.com