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This webcast contains forward-looking statements, which are all statements other than those of historical fact, including statements regarding Applied’s market and business overviews, strategies, opportunities, products, Varian integration, cash generation and deployment, and third quarter and fiscal 2012 business outlooks. These statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including: the level and timing of demand for Applied’s products, which is subject to many factors, such as uncertain global economic and industry conditions, end-demand for electronic products and semiconductors, technology inflections, and customers’ utilization rates and new technology and capacity requirements; the concentrated nature of Applied’s customer base; Applied’s ability to (i) develop, deliver and support a broad range of products, expand its markets and develop new markets, (ii) effectively integrate Varian and realize synergies, (iii) timely align its cost structure with business conditions, (iv) plan and manage its resources and production capability, and (v) accurately forecast future operating and financial results, which depends on multiple assumptions; and other risks described in Applied Materials’ SEC filings. All forward-looking statements are based on management’s estimates, projections and assumptions as of July 10, 2012, and Applied undertakes no obligation to update any forward-looking statements.
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