Celerity Opens New Manufacturing Facility in Singapore

MILPITAS, Calif., May 27 /PRNewswire/ -- Celerity, Inc., a technology leader in precision instruments and advanced gas and liquid delivery solutions for the global semiconductor and electronics industries, today announced the opening of a new manufacturing facility in Singapore, Celerity Fluid Systems Pte. Ltd. The new manufacturing site is located in the Woodlands Industrial Park district in the Northern part of Singapore. The opening of the new Singapore facility positions Celerity to serve its major customers in the region more efficiently with the manufacturing of advanced gas delivery systems.

The company's new facility occupies 17,000 square feet and will handle integration and manufacturing of semiconductor advanced gas delivery systems and other solutions. The location is situated near Singapore's high-tech business parks in close proximity with key Celerity customers. Gas delivery system manufacturing has already begun with first shipments expected to commence as early as August 2008.

"Our Singapore expansion demonstrates Celerity's commitment to better align with and serve our key customers in the high growth Asia region, and increases our manufacturing capacity and efficiency," says Mark Hutson, Senior Vice President of Integration at Celerity. "Singapore is one of the most dynamic economic regions and our presence there reflects our belief in expanding our capabilities globally and meeting the needs of our customers now and in the future."

About Celerity

Celerity is a technology leader in the design, engineering, and manufacturing of precision instruments and advanced gas and liquid delivery solutions that are integral to the equipment used in manufacturing semiconductors, flat panel displays, and related products. Celerity, headquartered in Milpitas, California, has over 1200 employees worldwide, and is a privately held company with a majority ownership by Texas Pacific Group. For additional information, please visit http://www.celerity.net/ .

CONTACT: Industry Media Inquiries, Carol Kimura, +1-408-946-3100, ckimura@celerity.net , or Financial Media and Investor Inquiries, David Somo, +1-408-946-3100, dsomo@celerity.net , both of Celerity, Inc.

Web site: http://www.celerity.net/

SOURCE Celerity, Inc.