Brooks Automation Announces First Quarter Results

Brooks Automation, Inc. recently reported results for the fiscal 1999 first quarter ended December 31, 1998. The Company acquired FASTech Integration, Inc. ("FASTech") in a pooling of interests transaction effective September 30, 1998.

Revenues for the first quarter of fiscal 1999 were $19.8 million, down from revenues of $29.6 million in the same quarter of the prior fiscal year. The net loss attributable to common stockholders for the current quarter sharply narrowed to $0.6 million ($0.05 loss per share), from $3.0 million ($0.29 loss per share) recorded in the fiscal 1998 first quarter.

Pre-tax loss for the quarter was $0.4 million compared with a pre-tax loss of $1.5 million in the first quarter of fiscal 1998.

Brooks Automation, Inc. is an independent supplier of material handling robots, modules, real-time software and controls, fully integrated cluster tool platforms and MES software to semiconductor, flat panel display and data storage manufacturers worldwide.

For more information: Ellen Richstone, Brooks Automation, Inc. Tel: 978-262-2566.