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May 5th, 2006

Applied Materials to Expand Nanomanufacturing Technology Solutions

Abstract:
Applied Materials, Inc. (Nasdaq:AMAT) and Applied Films Corporation (Nasdaq:AFCO) today announced that they have signed a definitive agreement for Applied Materials to acquire Applied Films. Applied Films is a leading supplier of thin film deposition equipment used in manufacturing flat panel displays (FPDs), solar cells, flexible electronics and energy-efficient glass. This acquisition will complement Applied Materials' thin film nanomanufacturing technology(TM) capabilities and provide Applied Materials with an opportunity to expand into growing new markets.

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