ANDOVER, Mass. -- BlueShift(TM) Technologies, manufacturer of the QuickLink(TM) wafer processing platform with innovative linkable linear geometry, today announced securing an investment from Intel Capital. Intel Capital joins North Bridge Venture Partners and Atlas Venture to complete BlueShift Technologies' Series B financing round totaling $12 million.

BlueShift's QuickLink platform has the potential to increase semiconductor manufacturing efficiency in the current 300mm geometry as well as in future 450mm wafer production, with inherent adaptability to migrate from 300mm to 450mm in a cost effective manner. "Innovative companies that bring additional flexibility and cost improvements to semiconductor manufacturing further enable the industry as a whole." said Dylan Steeg, Investment Manager, Intel Capital.

"This substantial funding by major investors reinforces our contention that BlueShift's wafer handling system represents the future of semiconductor vacuum processing, providing significant advantages over current fab systems," said BlueShift president and CEO Peter van der Meulen. "The series B investment will accelerate our product launch activities and fuel our expansion in international markets."

About Intel Capital

Intel Capital, Intel's venture capital organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software and services targeting enterprise, home, mobility, health, consumer Internet and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$4 billion in more than 1,000 companies spanning more than 30 countries. During this time, about 160 portfolio companies have been acquired and another 150 have gone public on exchanges around the world. In 2005, Intel Capital invested about US$265 million in about 140 deals with approximately 60 percent of funds invested outside the United States. For more information on Intel Capital and its differentiated advantages, visit www.intelcapital.com.

About Atlas Venture

Atlas Venture is a leading early-stage international venture capital firm that invests in technology and life sciences businesses in the U.S. and Europe. Since its inception in 1980, its Partners have helped build over 300 companies in more than 15 different countries. In the past decade, 25 portfolio companies have been acquired and 37 are now public companies with an aggregate market capitalization of over $12 billion. Atlas Venture is currently investing from its seventh fund and manages over $2 billion in capital through offices in Boston, London, Munich, and Paris. For more information, visit www.atlasventure.com.

About North Bridge Venture Partners

North Bridge Venture Partners is an active, early-stage venture capital firm based in the Boston area. With approximately $1.3 billion under management, North Bridge focuses on investments in the communications, software and other technology markets. Working closely with entrepreneurs, North Bridge adds value by providing strategic guidance, specific industry knowledge, team-building skills and an in-depth understanding of both private and public financings. Past investments include ArrowPoint Communications, Cascade Communications, eRoom Technology, Phase Forward, Solidworks, Sonus Networks, Sycamore Networks and Wellfleet Communications. For more information about the company, please visit http://www.nbvp.com.

About BlueShift Technologies

BlueShift Technologies, Inc. develops and markets linkable and highly adaptable vacuum automation products for semiconductor manufacturing. BlueShift's QuickLink platform features an innovative linear geometry that offers significant benefits over current cluster tool equipmenta compact, efficient and flexible design with smaller system footprint and increased throughput at substantially lower cost. QuickLink empowers OEMs to cost-effectively adapt PVD, CVD, Etch and other advanced processes to evolving nano-manufacturing requirements. For more information visit www.blueshifttech.com or email marketing@blueshifttech.com.

Copyright 2006 BlueShift Technologies, Inc. BlueShift and QuickLink are trademarks of BlueShift Technologies, Inc.

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George A. Lee, 408-733-5000
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