NOVELLUS ANNOUNCES AVAILABILITY AND TIMING OF FOURTH QUARTER AND YEAR- END 2011 FINANCIAL RESULTS WEBCAST

SAN JOSE, Calif., January 23, 2012- Novellus Systems, Inc. (Nasdaq: NVLS), today announced that it will provide its fourth quarter and year-end 2011 financial results in a conference call to be held Thursday, February 2, 2012, beginning at 1:30 p.m. PST. The call will be available via an audio webcast that can be accessed on Novellus' Investor Relations home page, located
at www.novellus.com

About Novellus:

Novellus Systems, Inc. (NASDAQ: NVLS) is a leading provider of advanced process equipment for the global semiconductor industry. The company's products deliver value to customers by providing innovative technology backed by trusted productivity. An S&P 500 company, Novellus is headquartered in San Jose, Calif. with subsidiary offices across the globe. For more information please visit www.novellus.com

Contact: Robin S. Yim Investor Relations

Novellus Systems, Inc. (408) 943-9700

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NOVELLUS ANNOUNCES AVAILABILITY AND TIMING OF FOURTH QUARTER AND YEAR-END 2011 FINANCIAL RESULTS WEBCAST