Therma-Wave CEO Boris Lipkin to Host NASDAQ Closing Bell Ceremony; Mr.

    Business Editors/High-Tech Writers

    FREMONT, Calif.--(BUSINESS WIRE)--May 10, 2005--Therma-Wave, Inc. (Nasdaq:TWAV), a worldwide leader in the development, manufacture and sale of process control metrology systems used in the manufacture of semiconductors, announced today that Therma-Wave's president and chief executive officer Boris Lipkin will preside over the NASDAQ closing bell ceremony on Friday, May 13, 2005.
    Mr. Lipkin has been named a 2005 recipient of the Ellis Island Medal of Honor, by the National Ethnic Coalition of Organizations (NECO). The award honors distinguished Americans who have made significant contributions to the nation's heritage. Ellis Island Medal of Honor recipients are selected each year through a national nomination process and are sanctioned by the United States Congress and recipients' names are listed in the Congressional Record. To date, more than 1,000 American citizens, including six former U.S. Presidents have received medals.

NASDAQ CLOSING BELL CEREMONY

Where: NASDAQ MarketSite -- 4 Times Square -- 43rd & Broadway -- Broadcast Studio When: Friday, May 13th, 2005 at 4:00 p.m. EDT

    The closing bell is available from 3:50 p.m. to 4:05 p.m. on uplink IA-6 C-band/transponder 17. The downlink frequency is 4040 Vertical; Audio 6.2-6.8 The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Stephanie Lowenthal at (646) 441-5220.
    To obtain a hi-resolution photograph of the Therma-Wave Market Closing ceremony, upon conclusion of the event please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the Therma-Wave closing ceremony hotlink.

    About Therma-Wave, Inc.

    Since 1982, Therma-Wave, Inc., has been revolutionizing process control metrology systems through innovative proprietary products and technologies. The company is a worldwide leader in the development, manufacture, marketing and service of process control metrology systems used in the manufacture of semiconductors. Therma-Wave currently offers leading-edge products to the semiconductor manufacturing industry for the measurement of transparent and semi-transparent thin films; for the measurement of critical dimensions and profile of IC features; for the monitoring of ion implantation; and for the integration of metrology into semiconductor processing systems. For further information about Therma-Wave, Inc., access the web site at: www.thermawave.com.

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CONTACT: Therma-Wave, Inc. Ray Christie, 510-668-2200 rchristie@thermawave.com

KEYWORD: CALIFORNIA NEW YORK INDUSTRY KEYWORD: HARDWARE MANUFACTURING SOURCE: Therma-Wave, Inc.

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