Ultratech, Inc.
Jan 8, 2002

Ultratech Stepper to Broadcast Fourth Quarter and Year End 2001 Conference Call On the Web

The conference call will be broadcast live over the Internet beginning at 11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time on Thursday, January 31, 2002. To listen to the call over the Internet or to obtain telephone dial-in information for the call, please go to Ultratech's web site at www.ultratech.com.

If you are unable to attend the live conference call, a replay will be available on Ultratech's web site. If you do not have Internet access a replay of the call will be available one hour after the conclusion of the call and run until 10:00 a.m. Pacific, February 2. You may access the telephone replay by dialing 1-800/633-8284 and entering access code 20200473.

Founded in 1979, Ultratech Stepper, Inc. designs, manufactures and markets photolithography equipment used worldwide in the fabrication of integrated circuits, microsystems devices, and thin-film heads for disk drives. The company produces products that are designed to substantially reduce the cost of ownership for manufacturers in the electronics industry. The company's home page on the World Wide Web is located at www.ultratech.com.

CONTACT:          Ultratech Stepper
                  Bruce Wright, 408/321-8835
                  Sr. Vice President, Finance/CFO
                  Laura Rebouche, 408/321-8835
                  VP, Investor Relations and Corporate Communications
                  Lippert/Heilshorn & Assoc.
                  Lillian Armstrong, 415/433-3777 (for analysts)

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