Newport to Report Third Quarter Results on October 22

Irvine, California, UNITED STATES


IRVINE, Calif., Oct. 15, 2002 (PRIMEZONE) -- Newport Corporation (Nasdaq:NEWP) said that on Tuesday, October 22, 2002, the company will release results for its third quarter ended September 30, 2002. The company also said that Chairman and Chief Executive Officer Robert G. Deuster and Chief Financial Officer Charles F. Cargile will host an investor conference call that same day at 5:00 p.m. Eastern time, to review the company's financial results and business outlook.

The call will be open to all interested investors through a live audio Web broadcast via the Internet at www.newport.com/Investors and www.companyboardroom.com. For those who are not available to listen to the live broadcast, the call will be archived through 8:00 p.m., Eastern time, Tuesday, November 5, on both Web sites. A telephonic playback of the conference call will also be available through 8:00 p.m., Eastern time, Tuesday, October 29. Please call (800) 642-1687 (domestic) or (706) 645-9291 (international) and use Confirmation No. 6094540.

About Newport Corporation

Newport Corporation is a leading global supplier of advanced technology products and systems to the semiconductor, communications, electronics and research markets. The company provides components and integrated subsystems to manufacturers of semiconductor processing equipment, advanced automated assembly and test systems to manufacturers of communications and electronics devices, and a broad array of high-precision components and instruments to commercial, academic and government customers worldwide. Newport's innovative solutions leverage its expertise in precision robotics and automation, sub-micron positioning systems, vibration isolation and optical subsystems to enhance the capabilities and productivity of its customers' manufacturing, engineering and research applications. Newport is part of the Standard & Poor's Midcap 400 Index and the Russell 2000 Index.


        

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