Kulicke & Soffa Announces Conference Call to Discuss Agreements to Acquire Orthodyne Electronics and Divest the K&S Wire Business Unit

FORT WASHINGTON, Pa.--(BUSINESS WIRE)--Kulicke & Soffa Industries, Inc. (NASDAQ: KLIC) (“K&S”) today announced that the company has entered into definitive agreements to acquire substantially all of the assets of Orthodyne Electronics Corporation (“Orthodyne”), a leading supplier of wedge bonders, and sell the K&S wire business unit to W.C. Heraeus GmbH (“Heraeus”), a precious metals and technology group that has a leading position in its markets.

Conference Call Details

A conference call to discuss these transactions will be held on August 1, 2008, beginning at 9:00 AM EDT. Interested participants may call 877-407-8037 or internationally 201-689-8037 for the teleconference or log on to http://www.kns.com/investors/events for listen-only mode. A replay will be available approximately one hour after the completion of the call by calling toll free 877-660-6853 or internationally 201-612-7415 and using the following replay access codes 5521 (account number) and 292381 (replay ID number). A replay will also be available on the K&S Web site at http://www.kns.com/investors/events. The replay will be available via phone and Web site through September 1, 2008.

About Kulicke & Soffa

Kulicke & Soffa (NASDAQ: KLIC) is the world's leading supplier of semiconductor assembly equipment, materials, and technology. K&S provides wire bonders, capillaries, wire, die bonders, and die collets for all types of semiconductor packages using wire as the internal electrical interconnections. K&S is the only major supplier to the semiconductor assembly industry that provides customers with semiconductor assembly equipment along with the complementing packaging materials and process technology that enable our customers to achieve the highest possible yields and throughput. The ability to provide these assembly related products is unique to Kulicke & Soffa, and allows us to develop system solutions to the new technology challenges inherent in assembling and packaging next-generation semiconductor devices. Kulicke & Soffa's web site address is http://www.kns.com.

Kulicke & Soffa Industries, Inc.
Investor Contact:
FD Ashton Partners
Geoff Grande, CFA, 617-747-1721
Fax: 617-747-1711
geoff.grande@fdashtonpartners.com
or
Media Contacts:
FD Ashton Partners
Stephanie Brown, 312-553-6727
Fax: 312-553-6740
stephanie.brown@fdashtonpartners.com
or
Michael Geczi, 312-553-6735
Cell: 312-519-4920
Fax: 312-553-6740
michael.geczi@fdashtonpartners.com