CFM Technologies, Inc. - CFMT- Profile

CFM Technologies, Inc. designs, manufactures and markets wet processing equipment for sale to the worldwide semiconductor and flat panel display industries. The company's full flow technology and direct-displacement drying systems are based on its proprietary wet processing technology and are used to perform etching and cleaning process steps in the manufacture of semiconductors. The growth of the semiconductor industry has stressed the need for decreased product cost and improved product performance. The company sells its products to companies located in the United States, Europe and East Asian countries. Major customers of the company include IBM, Macronix, Agilent Technology, Anam Semiconductor Company, Infineon and National Semiconductor. The company became publicly held on 21st June 1996. International sales accounted for 33% of revenues in 1999.