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ICOS Vision Systems Announces Preliminary Fourth Quarter Results.

Publication: Business Wire
Publication Date: 06-JAN-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
HEVERLEE, Belgium -- ICOS Vision Systems Corporation NV (NASDAQ and EURONEXT: IVIS), a leading supplier of inspection solutions for the semiconductor industry, expects, based on a preliminary review of the results, fourth quarter revenue of approximately 16.3 million Euro, representing a decrease of 34% over the third quarter of 2004 and an increase of 8% over the fourth quarter of 2003. Previous guidance provided by the company called for fourth quarter revenue to decrease sequentially by as much as 30%. As a result, revenues for fiscal 2004 are expected to approximately double those of fiscal 2003.

Anton DeProft, president and chief executive officer, said, "Consistent with our guidance, the market for our inspection equipment continued a strong correction in the fourth quarter, as capacity additions were cut back to control IC...

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