Mattson Technology, Inc. Establishes a $25 Million Revolving Credit Facility

Mattson Technology, Inc. Establishes a $25 Million Revolving Credit Facility 
FREMONT, CA -- (Marketwired) -- 04/15/13 --  Mattson Technology, Inc.
(NASDAQ: MTSN), a leading supplier of advanced process equipment used
to manufacture semiconductors, today announced that the Company
entered into a three-year revolving credit facility for $25 million
with Silicon Valley Bank, part of SVB Financial Group (NASDAQ: SIVB).
Upon closing, the Company borrowed $10 million under this facility
with an annual interest rate of 4.75 percent.  
Availability under the credit facility is based on the achievement of
certain quarterly EBITDA levels and on a borrowing base formula
consisting of the sum of eligible accounts receivable, advance
billings and inventory. Borrowings under the credit facility will
bear interest at a variable rate based on, at the Company's option,
either (i) Alternate Base Rate (ABR) plus an applicable margin
between 0.25 percent to 1.50 percent per annum, or (ii) the
Eurodollar Rate plus an applicable margin between 3.25 percent to
4.50 percent per annum. The agreement is guaranteed by Mattson
International, Inc., a wholly-owned subsidiary of the Company, and is
secured by substantially all of the Company's and Mattson
International, Inc.'s assets.  
"With this credit facility we are well positioned to take advantage
of the next ramp in business and it provides the Company flexibility
to continue to invest as business demand grows," said J. Michael
Dodson, Chief Operating Officer and Chief Financial Officer of
Mattson Technology, Inc.  
About Mattson Technology, Inc.
 Mattson Technology, Inc. designs,
manufactures and markets semiconductor wafer processing equipment
used in the fabrication of integrated circuits. We are a leading
supplier of plasma and rapid thermal processing equipment to the
global semiconductor industry, and operate in three primary product
sectors: Dry Strip, Rapid Thermal Processing and Etch. Through
manufacturing and design innovation, we have produced technologically
advanced systems that provide productive and cost-effective solutions
for customers fabricating current- and next-generation semiconductor
devices. For more information, please contact Mattson Technology,
Inc., 47131 Bayside Parkway, Fremont, CA, 94538. Telephone: (800)
MATTSON / (510) 657-5900. Internet: www.mattson.com.  
About Silicon Valley Bank
 For nearly three decades, SVB Financial
Group and its subsidiaries, including Silicon Valley Bank, have been
dedicated to helping entrepreneurs succeed. SVB Financial Group is a
financial holding company that serves companies in the technology,
life science, venture capital and premium wine industries. Offering
diversified financial services through Silicon Valley Bank, SVB
Analytics, SVB Capital, SVB Global and SVB Private Bank, SVB
Financial Group provides clients with commercial, investment,
international and private banking services. The company also offers
funds management, broker-dealer transactions and asset management, as
well as the added value of its knowledge and networks worldwide.
Headquartered in Santa Clara, Calif., SVB Financial Group (NASDAQ:
SIVB) operates through 27 offices in the U.S. and international
operations in China, India, Israel and the United Kingdom. More
information on the company can be found at www.svb.com. 
Safe Harbor
 "Safe Harbor" Statement Under the Private Securities
Litigation Reform Act of 1995: This news release contains
forward-looking statements. All statements other than statements of
historical fact are statements that could be deemed forward-looking
statements, including but not limited to statements of the plans,
strategies and objectives of management for future operations and the
Company and its industry's outlook. Forward-looking statements
address matters that are subject to a number of risks and
uncertainties that can cause actual results to differ materially from
those expressed or implied by such forward-looking statements and
assumptions. Such risks and uncertainties include, but are not
limited to: Company expectations with respect to continued growth of
its business; growth of the industry and the size of the Company's
served available market; the timing of significant customer orders
for the Company's products; customer acceptance of delivered products
and the Company's ability to collect amounts due upon shipment and
upon acceptance; the Company's cash position overall, especially as a
result of payments made for inventory and the related collections
upon shipment of such inventory; end-user demand for semiconductors,
including the growing mobility electronics industry; customer demand
for semiconductor manufacturing equipment; the Company's ability to
timely manufacture, deliver and support ordered products; the
Company's ability to bring new products to market, to gain market
share with such products and the overall mix of the Company's
products; customer rate of adoption of new technologies; risks
inherent in the development of complex technology; the timing and
competitiveness of new product releases by the Company's competitors;
the Company's ability to align its cost structure with market
conditions; the Company's dependence on international sales;
volatility in the Company's stock price and any potential delisting
of the stock from NASDAQ for the failure to maintain a minimum bid
price; ; and other risks and uncertainties described in the Company's
Forms 10-K, 10-Q and other filings with the Securities and Exchange
Commission. The Company assumes no obligation to update the
information provided in this news release. 
Mattson Technology Investor Contact
J. Michael Dodson
tel +1-510-657-5900
fax +1-510-492-5963 
 
 
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