This webcast or presentation contains certain forward-looking statements, and are subject to the Safe Harbor provisions created by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current information and expectations, and involve a number of risks and uncertainties. Actual results may differ materially from those projected in such statements due to various factors, including but not limited to: changes in the demand for semiconductors, changes in anticipated orders by customers; the timing of shipments or acceptances; changes in the company's overall expense structure; and new and enhanced product offerings by competitors. For other factors that may cause actual results to differ from those projected, please refer to the KLA-Tencor's Form 10-K, Forms 10-Q and other filings with the Securities and Exchange Commission.

These forward-looking statements (including references to potential market and revenue opportunities, the ability to further reduce and manage cost structure, future research and development spending levels and the return on research and development spend, product advancements, potential benefits offered by our products, company operating results in any future period, the success of collaborations, growth projections, anticipated investment levels by certain customer groups, technological developments and maintenance of market share) are based on the company's estimates, assumptions and expectations of future events and are subject to a number of risks and uncertainties. Actual results could differ materially from those projected in the forward-looking statements. Please refer to the company's fiscal year 2010 Annual Report on 10-K, filed with the SEC on August 6, 2010, for a complete description of the risks the company faces.

The BofA Merrill Lynch Technology Research team is looking forward to your participation in the upcoming 2011 Technology Conference. The conference will feature presentations as well as small group and one-on-one meetings with the chairmen, chief executive officers, presidents, and heads of research and development of approximately 80 leading Technology companies.

These forward-looking statements (including references to potential market and revenue opportunities, the ability to further reduce and manage cost structure, future research and development spending levels and the return on research and development spend, product advancements, potential benefits offered by our products, company operating results in any future period, the success of collaborations, growth projections, anticipated investment levels by certain customer groups, technological developments and maintenance of market share) are based on the company's estimates, assumptions and expectations of future events and are subject to a number of risks and uncertainties. Actual results could differ materially from those projected in the forward-looking statements. Please refer to the company's fiscal year 2010 Annual Report on 10-K, filed with the SEC on August 6, 2010, for a complete description of the risks the company faces.

These forward-looking statements (including references to potential market and revenue opportunities, the ability to further reduce and manage cost structure, future research and development spending levels and the return on research and development spend, product advancements, potential benefits offered by our products, company operating results in any future period, the success of collaborations, growth projections, anticipated investment levels by certain customer groups, technological developments and maintenance of market share) are based on the company's estimates, assumptions and expectations of future events and are subject to a number of risks and uncertainties. Actual results could differ materially from those projected in the forward-looking statements. Please refer to the company's fiscal year 2009 Annual Report on 10-K, filed with the SEC on August 7, 2009, for a complete description of the risks the company faces.