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FormFactor's CEO Presents At MicroProbe Acquisition Conference (Transcript)

Stocks in this article: FORM

Projections including statements regarding business momentum, improved financial performance, including immediately accretive earnings, macroeconomic conditions, demand for our products and future growth, and statements that contain words like expects, anticipates, believes, possibly, should and assumptions upon which such statements are based. These forward-looking statements are based on the current information, expectations that are inherently subject to change and involve a number of risks and uncertainties. FormFactor’s actual results could differ materially from those projected in the forward-looking statements.

Our companies assume no obligation to update the information provided during today’s conference call. To revise any forward-looking statements or to update the reasons, actual results could differ materially from those anticipated in the forward-looking statements. For more information, please refer to the Risk Factor discussions in the company’s Form 10-K for the fiscal year 2011, as filed with the SEC.

With that, we’ll turn the call over to FormFactor’s CEO, Tom St. Dennis. Please begin.

Thomas St. Dennis

Good morning. Yesterday, we announced that FormFactor and MicroProbe has signed an agreement to merge. This is a significant event for both companies and brings together the leaders from two different parts to the probe cards market. MicroProbe is the leading supplier for advanced probe cards for the SOC market, while FormFactor is the leading supplier of advanced probe cards for the memory market.

While together, we become the largest advanced probe card supplier in the semiconductor industry. The winners here will be FormFactor and MicroProbe customers. The combined company will have the technology and resources to address semiconductor test requirements across the entire advanced probe cards space.

The combined resources of the two companies create a leader in the areas of MEMS, probe technology, advanced probe cards design manufacturing and global customer support. The advanced SOC probe card market is the fastest growing portion of the entire probe card market today. MicroProbe is the leading supplier of advanced SOC probe cards and is well positioned to continue delivering significant growth.

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