We see immersion as the technology of choice for the next three to four years. Our long-term forecast shows a very large share of the technology needs to be in immersion.

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The significant 55 tool bookings in Q4 2005 confirm an overall semiconductor cycle upswing. We expect the trend to be sustained in Q1 2006, with bookings at least at the same level as that of Q4 2005 and Q1 2006 sales showing important growth versus the previous quarter.

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