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Fluor Celebrates Top Fab 2002 Award Recipient

Thursday, June 27, 2002 08:08 AM

Fluor Corporation today announced that its client, Silterra Malaysia Sdn. Bhd., was selected by Semiconductor International (S.I.) as a recipient of a 2002 Top Fab Award, an annual recognition of the world's best fabrication facilities.

Silterra Malaysia is a premier semiconductor manufacturing service provider that offers customers leading-edge CMOS process technologies. Its new 44,000 square meter fabrication facility, located in Kulim, Kedah, manufactures LOGIC and ASIC devices on 200mm wafers. The facility will reach its planned capacity of 40,000 eight-inch wafers per month in 2003. Fluor provided the engineering, procurement and construction management services on this microelectronics project.

"It is no surprise that Silterra has been awarded this honor," said Bob McNamara, group executive of Industrial & Infrastructure for Fluor Corporation. "We have worked with the company from the start of the venture, helping to manage the engineering and construction of this complex project. Silterra's state-of-the-art facility enables the company to help its customers quickly turn designs into quality products."

"Silterra's contractors and suppliers made significant contributions to the company's success in winning the award," stated Cy Hannon, president and CEO for Silterra. "Fluor, our general contractor, had the expertise to both design the facility and to manage the entire construction project. We were impressed by the depth of their organization. Building a world-class semiconductor manufacturing plant is an enormous task, yet Fluor brought up the facility on schedule despite the aggressive timeline. They have been very professional throughout the project and were a great partner."

Silterra joins the ranks of previous industry-leading winners, including AMD, IBM, Intel, Motorola, Infineon Technologies and others. Silterra is not only the first Malaysian foundry to receive this honor, but it is also the quickest to go from being a startup to being recognized for its achievement. Since 1991, S.I. annually recognizes the best fabrication facilities with its "Top Fab" award. The winning facilities are chosen from a group of nominees by the publication's staff of editors.

About Silterra Malaysia Sdn. Bhd.:

Silterra Malaysia Sdn. Bhd. is a premier semiconductor manufacturing service provider that offers customers leading-edge CMOS process technologies. The company was the co-winner of Semiconductor International's Top Fab Award for 2002. Silterra's wafer fab will reach its planned capacity of 40,000 eight-inch wafers per month in 2003. The company's headquarters and factory are located in Kulim, Malaysia, and has a worldwide sales and marketing office in Sunnyvale, California. For more information on Silterra or its services, please visit www.silterra.com.

About Fluor Corporation:

Fluor Corporation (NYSE: FLR) provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management. Headquartered in Aliso Viejo, California, Fluor is a Fortune 500 company with revenues of $9 billion in fiscal year 2001. For more information, visit www.fluor.com.

About Semiconductor International:

Semiconductor International, published by Reed Business Information and a part of Reed Elsevier's global array of technical publications, is the leading technical publication reaching and covering the global semiconductor industry. SI boasts the industry's most experienced full-time technical editorial team, and has the largest circulation to semiconductor manufacturers of any industry publication. Additional information about SI and its many products and activities are available at www.semiconductor.net.

For further information, please contact Lisa Boyette, +1-949-349-3652, or Lori Serrato, +1-949-349-7420, Media Relations, or Lila Churney, Investor Relations, +1-949-349-3909, fax, +1-949-349-5375, all of Fluor Corporation.

Lisa Boyette, +1-949-349-3652, or Lori Serrato,+1-949-349-7420, Media Relations, or Lila Churney, Investor Relations,+1-949-349-3909, fax, +1-949-349-5375, all of Fluor Corporationhttp://www.semiconductor.nethttp://www.silterra.comhttp://www.fluor.com

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