EXHIBIT 99.4
FOR IMMEDIATE RELEASE:
GENUS REPORTS SECOND QUARTER 2001 RESULTS
SUNNYVALE, CALIF.-AUGUST 1, 2001-Genus, Inc. (Nasdaq: GGNS) reported financial
results for its second quarter ended June 30, 2001. Net sales were $13.7
million, representing a 107 percent increase over the $6.6 million in net sales
for the same quarter of 2000. Net loss for the second quarter was $853,000 or
$0.04 per share, compared to a net loss of $2.1 million, or $0.11 per share in
the same quarter of 2000. For the six months ending June 30, 2001, revenue was
$28.0 million, 169 percent higher than the $10.4 million for the first six
months of 2000. Net loss for the six months ending June 30, 2001 was $722,000
or $0.04 per share, compared to a net loss of $12.4 million or $0.66 per share
for the same period in 2000.
"We see many positives in our performance even though we were not profitable
this quarter," said Dr. William Elder, chairman and chief executive officer of
Genus. "We had approximately $15 million in bookings and a book-to-bill ratio
of 1.1, a figure well above the June industry average of 0.54. We also
announced orders from two new customers which puts our customer count at seven."
As with many companies in the semiconductor equipment business, Genus has been
affected by the severity of this downturn. However, the company still expects
revenue growth for 2001 as Genus' advanced technology gains greater industry
acceptance.
Dr. William Elder, along with Kenneth Schwanda, chief financial officer, will
expand upon Genus' second quarter results during the scheduled conference call
on Wednesday morning.
CONFERENCE CALL INFORMATION
Genus' Q2 conference call with financial analysts will be held at 8:00 a.m.
Pacific Time on Wednesday, August 1, and will be simultaneously webcast to the
public. The live webcast will be accessible at www.Genus.com or at
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www.companyboardroom.com. Telephone replay of the call will be available at
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402-998-1375 shortly after the actual call and until 6:00 p.m. on Friday, August
3, 2001. An archived copy of the webcast will be available online until August
10, 2001.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements regarding the company's
future financial and business performance. These forward-looking statements are
subject to a number of risks and uncertainties. These contingencies include but
are not limited to: actual customer orders received by the company, the extent
to which ALD technology is accepted by the marketplace, the timing of final
acceptance of products by customers, and general conditions in the semiconductor
equipment market and the economy in general. Genus assumes no obligation to
update this information. Additional risks and uncertainties are discussed in
the Management's Discussion and Analysis of Results of Operations contained in
Genus' Annual Report on Form 10-K/A for the fiscal year ended December 31, 2000
and subsequent quarterly reports on Form 10-Q filed with the Securities and
Exchange Commission.
ABOUT GENUS
Founded in 1981, Genus, Inc. designs, manufactures and markets capital equipment
and deposition processes for advanced semiconductor manufacturing as well as for
other, emerging non-semiconductor applications. Genus offers various thin film
deposition modules using its own production-proven equipment and processes for
both chemical vapor deposition (CVD) and atomic layer deposition (ALD). The
deposition processes are used to manufacture integrated circuits for the
computer, communications, medical, military, transportation and consumer
electronics industries. Genus' customers include semiconductor manufacturers
located throughout the United States, Europe and the Pacific Rim including Korea
and Japan. Company headquarters are in Sunnyvale, California. For additional
information visit Genus' web site at www.genus.com.
EXHIBIT 1
Genus, Inc. Condensed Consolidated Statement of Operations (unaudited)
[Omitted -- See Genus Quarterly Report filed on Form 10-Q for the
quarter ended June 30, 2001]
EXHIBIT 2
Genus, Inc. Condensed Consolidated Balance Sheets (unaudited)
[Omitted -- See Genus Quarterly Report filed on Form 10-Q for the
quarter ended June 30, 2001]
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COMPANY CONTACT: EDITORIAL CONTACT:
Debra Scott Dave Richardson
Genus, Inc. Positio
Tel: (408) 747-7140 Ext. 1407 Tel: (650) 815-1006 Ext.108
dscott@genus.com dave@positiopr.com