02.06.06
ULTRA CLEAN AND CERTAIN STOCKHOLDERS TO OFFER
SIX MILLION SHARES OF COMMON STOCK
MENLO PARK, CA, February 6, 2006 / PRNewswire — Ultra
Clean Holdings, Inc. (Nasdaq: UCTT), the parent company of Ultra Clean
Technology Systems and Service, Inc., announced today that it intends
to file a registration statement with respect to the offering by it of
2,000,000 shares of its common stock and by certain of its stockholders
of 4,000,000 shares of its common stock in an underwritten public offering.
The selling stockholders also intend to grant the underwriters a 30 day
option to purchase up to an additional 900,000 shares of the company’s
common stock, solely to cover over allotments.
Ultra Clean intends to use the net proceeds to be received by it from
the offering for working capital and other general corporate purposes,
including potential acquisitions of companies or technologies that complement
its business.
This press release does not constitute an offer to sell or the solicitation
of an offer to buy, nor will there be any sale of these securities in
any state in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any
such state, and is issued pursuant to Rule 135 under the Securities Act
of 1933, as amended.
Ultra Clean Holdings, Inc. is a developer and supplier of critical subsystems
for the semiconductor capital equipment industry. Ultra Clean
offers its customers a complete outsourced solution for gas delivery
systems and other subassemblies, improved design-to-delivery cycle
times, component neutral design and manufacturing and component testing
capabilities. Ultra Clean's customers are primarily original equipment
manufacturers of semiconductor capital equipment. Ultra Clean is headquartered
in Menlo Park, California. Additional information is available at www.uct.com.
The foregoing information contains, or may be deemed to contain, "forward-
looking statements" (as defined in the U.S. Private Securities Litigation
Reform Act of 1995) which reflect our current views with respect to future
events and financial performance. We use words such as "anticipates," "believes," "plan," "expect," "future,"' "intends," "may," "will," "should," "estimates," "predicts," "potential," "continue" and
similar expressions to identify these forward-looking statements. Forward
looking statements included in the press release include estimates made
with respect to our fourth quarter revenue and diluted earnings per share
and purchase orders placed by a significant customer for the manufacture
of entire process modules. All forward-looking statements address
matters that involve risks and uncertainties. Accordingly, our actual
results may differ materially from the results predicted or implied by
these forward- looking statements. These risks, uncertainties and other
factors include, among others, those identified in "Risk Factors," "Management's
Discussion and Analysis of Financial Condition and Results of Operations''
and elsewhere in our annual report on Form 10-K for the year ended December
31, 2004 filed with the Securities and Exchange Commission. Ultra Clean
Holdings, Inc. undertakes no obligation to publicly update or review
any forward-looking statements, whether as a result of new information,
future developments or otherwise.
