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Cabot Microelectronics Corporation Announces Major Breakthrough In CMP Technology With Novus(TM) A7000 Series Aluminum CMP Slurry

Aurora, IL, Jan. 24, 2011 (GLOBE NEWSWIRE) -- Cabot Microelectronics Corporation (Nasdaq:CCMP), the world's leading supplier of chemical mechanical planarization (CMP) polishing slurries and a growing CMP pad supplier to the semiconductor industry, today announced the launch of its Novus TM A7000 series Aluminum CMP slurry intended to enable its customers' advanced High-K and Metal Gate device integration schemes.

The Novus A7000 series Aluminum CMP slurry builds on Cabot Microelectronics’ industry-leading CMP technology and is the result of extensive research and development.  The Novus A7000 series contains alumina particles that provide the ability to remove aluminum and the complex stack of metals within the transistor gates of advanced semiconductor devices. This slurry is formulated with unique chemistries that optimize removal rate, while meeting low defectivity requirements.  Additionally, the Novus A7000 series was designed to stop polishing on oxide and limit aluminum dishing, both of which minimize gate height, improving transistor performance and device reliability. 

Donald Wiseman, Cabot Microelectronics' Global Business Director for Metals Slurry, stated, "The Novus A7000 series Aluminum CMP slurry provides advanced node customers with a solution for a critical process step in enabling High-K and Metal Gate device integration. We believe this new slurry is applicable across a wide range of feature sizes and densities and offers customers unmatched quality, performance and optimal cost of ownership."

ABOUT CABOT MICROELECTRONICS CORPORATION

Cabot Microelectronics Corporation, headquartered in Aurora, Illinois, is the world's leading supplier of CMP polishing slurries and a growing CMP pad supplier to the semiconductor industry. The company's products play a critical role in the production of advanced semiconductor devices, enabling the manufacture of smaller, faster and more complex devices by its customers. The company's mission is to create value by developing reliable and innovative solutions, through close customer collaboration, that solve today's challenges and help enable tomorrow's technology. Since becoming an independent public company in 2000, the company has grown to approximately 950 employees on a global basis. For more information about Cabot Microelectronics Corporation, visit www.cabotcmp.com or contact Amy Ford, Director of Investor Relations at 630-499-2600.

SAFE HARBOR STATEMENT

This news release may include statements that constitute "forward looking statements" within the meaning of federal securities regulations. These forward-looking statements include statements related to: future sales and operating results; company and industry growth, contraction or trends; growth or contraction of the markets in which the company participates; international events or various economic factors; product performance; the generation, protection and acquisition of intellectual property, and litigation related to such intellectual property; new product introductions; development of new products, technologies and markets; the acquisition of or investment in other entities; uses and investment of the company’s cash balance; and the construction of facilities by Cabot Microelectronics Corporation. These forward-looking statements involve a number of risks, uncertainties, and other factors, including those described from time to time in Cabot Microelectronics’ filings with the Securities and Exchange Commission (SEC), that could cause actual results to differ materially from those described by these forward-looking statements. In particular, see "Risk Factors" in the company’s annual report on Form 10-K for the fiscal year ended September 30, 2010 filed with the SEC. Cabot Microelectronics assumes no obligation to update this forward-looking information.

CONTACT: Amy Ford, Director of Investor Relations, 630-499-2600

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