Ultratech, Inc.
Jan 3, 2002

Ultratech Stepper to Address 4th Annual Needham & Co. Growth Conference

Presenting for Ultratech Stepper will be Bruce Wright, Senior Vice President Finance and CFO. The presentation will also be broadcasted over the Internet. To listen to the presentation, please go to Ultratech's web site at www.ultratech.com.

About Ultratech: 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 http://www.ultratech.com

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


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