PHOTRONICS

Photronics, Inc. (Photronics) is a manufacturers of photomasks, which are precision photographic quartz plates containing microscopic images of electronic circuits. Photomasks are a element in the manufacture of semiconductors and flat panel displays (FPDs), and are used as masters to transfer circuit patterns onto semiconductor wafers and flat panel substrates during the fabrication of integrated circuits (ICs) and a range of FPDs and, other types of electrical and optical components. As of October 31, 2010, the Company operated principally from nine manufacturing facilities; two of which are located in Europe, two in Taiwan, one each in Korea and Singapore, and three in the United States.