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Tegal Corporation (TGAL) Wrap Up:

Information contained or incorporated by reference in this report contains forward-looking statements. These forward-looking statements are based on current expectations and beliefs and involve numerous risks and uncertainties that could cause actual results to differ materially from expectations. These forward-looking statements should not be relied upon as predictions of future events as we cannot assure you that the events or circumstances reflected in these statements will be achieved or will occur. You can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “expect,” “anticipate,” “estimate” or “continue” or the negative thereof or other variations thereon or comparable terminology which constitutes projected financial information.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f06%2f29%2f0000931059-07-000012.html#FIS_BUSINESS"   
www.tegal.com
62 Employees
Founded in 1972

Tegal Corp. (TGAL*(D):NASDAQ)

LAST $1.23 USD
CHANGE TODAY +0.06 5.13%
VOLUME 29.2K
*(D) = Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements
As of 3:59 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Tegal Corp. (TGAL)

OPEN
$1.15
PREVIOUS CLOSE
$1.17
DAY HIGH
$1.23
DAY LOW
$1.15
52 WEEK HIGH
11/28/08 - $2.58
52 WEEK LOW
03/20/09 - $0.91
MARKET CAP
10.4M
AVERAGE VOLUME 3 mo
13.5K
DILUTED EPS TTM
$-1.08
SHARES OUTSTANDING
8.4M
TGAL Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

TGAL Top Compensated Officers

Mr. Thomas R. Mika
Chairman, Chief Executive Officer and Preside...
Age: 57
Total Annual Compensation: $285.2K
Ms. Christine T. Hergenrother
Chief Financial Officer, Principal Accounting...
Age: 44
Total Annual Compensation: $175.2K
Mr. Steve Selbrede
Chief Technology Officer and Vice President
Age: 57
Total Annual Compensation: $148.9K
Mr. Scott L. Brown
Vice President of Sales of North America
Age: 52
Total Annual Compensation: $230.4K

Executives, Board Directors

Compensation as of Fiscal Year 2009.

Key developments for Tegal Corp. (TGAL)

Tegal Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2009

Tegal Corp. reported unaudited consolidated earnings results for the second quarter and six months ended September 30, 2009. Revenues for the second quarter of fiscal 2010 were $3.1 million, an increase of 55% from $2.0 million in the same period last year. Tegal reported a net loss of $1.7 million, or $0.20 per basic and diluted share, for the quarter, compared to net loss of $2.5 million, or $0.34 per basic and diluted share in the same period last year. Operating loss for the second quarter was $1.8 million, including approximately $0.4 million of non-cash charges. Operating loss in the same period last year was $2.4 million. For the six months, the company reported net loss of $4.296 million or $0.51 per basic and diluted share on revenues of $4.200 million compared to net loss of $3.290 million or $0.45 per basic and diluted share on revenues of $6.739 million for the same period of last year. The company reported loss from operations of $4.817 million compared to loss from operations of $3.415 million for the same period of last year.

Tegal Completes ProNova(TM) ICP Process Suite Rollout for Silicon DRIE

Tegal Corp. announced that its full process portfolio for silicon DRIE applications has been made available for the new ProNova ICP source. The application suite includes processes for high aspect ratio DRIE under the SHARP patent, as well as well-established processes for integrated mask open and the tri-pulse process for high resist mask selectivity deep silicon etching. The ProNova ICP source is available immediately to ship on Tegal 110, 200, 3200, and 4200 DRIE Wafer Processing Systems. ProNova is also compatible as a retrofit with Tegal and AMMS DRIE systems already in the field, and ProNova supports SHARP Tegal's Super High Aspect Ratio Process, achieving etched feature aspect ratios of greater than 100:1 in production environments. In addition, all Tegal silicon DRIE systems now feature low frequency bias for notch-free silicon DRIE for SOI substrates as standard equipment.

Tegal Receives Repeat SE DRIE Tool Order from Japan Home Market Customer

Tegal Corp. announced it has received a repeat order for a Tegal 200 SE DRIE tool from a Japanese provider of MEMS devices. The Tegal 200 SE DRIE tool will ship in the current quarter, and will be used by the customer to rapidly increase production output of commercial MEMS products. This repeat DRIE system order for Tegal was secured as a result of the continued successful cooperation between Tegal and Canon Marketing Japan Tegal's sales partner in Japan for the Tegal DRIE product line. The Tegal 200 SE system is high-density plasma etch tool featuring an inductively coupled plasma etch reactor and magnetic plasma confinement. The tool can run Tegal's patented SHARP Super High Aspect Ratio Process, achieving etched feature aspect ratios of greater than 100:1 in production environments. Together with its high reliability, broad process windows, and high etch rates, the Tegal 200 SE system is a critical enabler for etching silicon (SE) films found in the MEMS, bio-tech, power IC, optoelectronic, and 3D-IC markets. Tegal DRIE tools are presently employed in numerous research and development laboratories throughout the world, engaging in both commercial and academic research programs, and are also found in MEMS foundries and other dedicated commercial High Volume Manufacturing lines world-wide.

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TGAL Competitors

Company Last Change
Lam Research Corp $34.02 USD -0.28
Novellus Systems Inc $20.96 USD +0.07
Oxford Instruments Group 227.00 GBX +2.00
Tokyo Electron Ltd ¥4,860 JPY -150.00
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation TGAL Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.0x
Price/Book 0.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.2x

TGAL

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