The ``Semiconductor Manufacturing Outlook'' by INFRASTRUCTURE

Business Wire, June 1, 2000

Business Editors

DALLAS--(BUSINESS WIRE)--June 1, 2000

Ron Leckie, CEO, and Carl Johnson, President of INFRASTRUCTURE, have delivered their presentation titled "Polishing the Crystal Ball: The Semiconductor Manufacturing Outlook" to audiences in several U.S. cities in the last 3 months.

The next event will be a luncheon talk hosted by the trade association SEMI, (Semiconductor Equipment and Materials International) at the Greenwood Inn, Beaverton, Oregon, on June 6, 2000. Ron Leckie will make the presentation to the lunchtime audience, giving INFRASTRUCTURE's latest views on the outlook for the semiconductor manufacturing industry.

Recent venues for the talks have included:

-- New York Technology Stocks Forum, New York February 24, 2000

-- SEMI's Strategic Business Conference in Austin, Texas

April 19, 2000

-- Fifth Annual Silicon Valley Technology Stocks Forum,

Palo Alto, California April 29, 2000

-- Informed Investors / Schwab presentation, Dallas, Texas

May 10, 2000

-- SEMI's CEO Summit, Dana Point, Calif. May 16, 2000

-- ISI Money Show, Las Vegas, Nevada May 16, 2000

Copies of the slides may be viewed at the following website:

http://www.infras.com/

An audio playback of the Fifth Annual Silicon Valley Technology Stocks Forum is available under the previous forums at:

http://www.informedinvestors.com/

INFRASTRUCTURE is the leading independent industry source for information and analysis on the investor's view of the semiconductor manufacturing industry. In the presentation, Johnson and Leckie answered such questions as:

-- What's the outlook for the semiconductor and semiconductor

equipment industry for 2000 and beyond?

-- Are we in the middle of an extended growth cycle?

-- If we are in a long-term growth cycle, what products will

drive continued device consumption?

-- Are there factors that could accelerate or derail the cycle?

Leckie, INFRASTRUCTURE's CEO commented, "It's a formidable task to distill and synthesize all of today's information on this exciting industry." He added that, "We have been studying market trends and cycles for over six years, and today's business environment is about as good as it gets, whether you are in the industry or just making money from investments in it."

Johnson, INFRASTRUCTURE's President, said that, "Today's device manufacturing business is quite healthy. Fab expansion and new fab construction projects are clearly underway to expand capacity that will satisfy the demand for information age products."

In monthly and weekly publications, INFRASTRUCTURE distributes its analysis and insight on the industry in general as well as specific companies such as Amkor (Nasdaq:AMKR), Applied Materials (Nasdaq:AMAT), Asyst Technologies (Nasdaq:ASYT), Cohu Inc. (Nasdaq:COHU), Credence Systems (Nasdaq:CMOS), Cymer (Nasdaq: CYMI), Dupont Photomasks (Nasdaq:DPMI), KLA-Tencor (Nasdaq:KLAC), Kulicke & Soffa (Nasdaq:KLIC), Lam Research (Nasdaq:LRCX), Novellus Systems (Nasdaq:NVLS), Photronics (Nasdaq:PLAB), PRI Automation (Nasdaq:PRIA), and Teradyne (NYSE:TER).

About the Beaverton Luncheon Forum:

The Beaverton, Oregon, event is organized in conjunction with SEMI, and will be held at the Greenwood Inn from 11:30 a.m. through 1:00 p.m. Reservations can be made by calling SEMI Customer Service at 650/940-6901. Space is limited and early registration is encouraged. The registration deadline is May 30. After this date, contact Helene Huff at 512/349-2422 for space availability. Admission, which includes lunch, is $30 per person or $35 after May 30. (SEMI member admission is $25)

About INFRASTRUCTURE

INFRASTRUCTURE is the autonomous research organization of WIPNET Inc., a Texas Corporation, which publishes a monthly newsletter, mid-week "Industry Notes" and is the recognized leader in bringing technology, market and investment-oriented analysis on the semiconductor, semiconductor capital equipment, flat panel display and related industries.

Individuals may subscribe to these services for $375 per year, and gain access to archives of the publications for research purposes.

Further information about INFRASTRUCTURE may be obtained by visiting the website at: http://www.infras.com or, calling 972/492-7208.