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| ULTRA CLEAN AND CERTAIN STOCKHOLDERS
LAUNCH OFFERING OF 5.75 MILLION SHARES OF COMMON STOCK |
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MENLO PARK, CA, February 28, 2006 Ultra Clean Holdings, Inc. (Nasdaq: UCTT), the parent company of Ultra Clean Technology Systems and Service, Inc., announced today that it plans to offer 2,000,000 shares of its common stock and that certain of its stockholders plan to sell 3,750,000 shares of common stock in an underwritten public offering. Ultra Clean and the selling stockholders also plan to grant the underwriters a 30 day option to purchase up to an aggregate of 862,500 additional shares of common stock, solely to cover overallotments, if any. Ultra Clean intends to use the net proceeds to it from the offering for working capital and other general corporate purposes, including potential acquisitions of companies or technologies that complement its business. J.P. Morgan Securities Inc. is the sole bookrunner of this offering, Piper Jaffray & Co. is acting as co-lead manager and Needham & Company, LLC is acting as co-manager. This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities nor shall 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. This offering of shares of common stock may be made only by means of a prospectus. Copies of the prospectus can be obtained from J.P. Morgan Securities Inc., Prospectus Department, One Chase Manhattan Plaza, New York, New York 10081, telephone (212) 552-5164. About
Ultra Clean Holdings, Inc. Safe Harbor Statement |
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