Aetrium Introduces New V-Series 55V6 Product.Business Editors/High-Tech Writers Semicon Singapore ST. PAUL St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery , Minn.--(BUSINESS WIRE)--May 20, 2002 Aetrium Incorporated (Nasdaq:ATRM ATRM Aluminum Technology Roadmap ATRM ATO Transmit and Receive Module ) announced today that it introduced the new Model 55V6 gravity feed test handler at Semicon Singapore, a heavily attended semiconductor capital equipment exhibition in Asia. This evolutionary product provides semiconductor manufacturers with a number of proprietary features that are designed to reduce their cost of test. The Model 55V6 is designed specifically to handle a wide variety of the latest lead-less IC package and small geometry IC package types. The Model 55V6 at the exhibition was equipped with the company's new proprietary Kelvin kelvin, abbr. K, official name in the International System of Units (SI) for the degree of temperature as measured on the Kelvin temperature scale. A unit of measurement of temperature. contactor con·tac·tor n. An electrical relay used to control the flow of power in a circuit. that is designed to increase yields and decrease the costs of contactor replacement. "This new product offering continues to reinforce Aetrium's commitment to gravity feed test handlers and their inherent low cost of operation architecture. This is another new test handler from Aetrium that is aimed at the fastest growing and largest IC package segments. I believe that the Model 55V6 positions Aetrium advantageously as the semiconductor recovery picks up speed," said Daniel Koch, Aetrium's Vice President of worldwide sales. "The Model 55V6 addresses the semiconductor manufacturers' need to lower test costs by providing the highest industry throughput for a dual test handler. It can be equipped with similar or split kit IC package capability. It features Aetrium's unique and self-contained mechanical refrigeration refrigeration, process for drawing heat from substances to lower their temperature, often for purposes of preservation. Refrigeration in its modern, portable form also depends on insulating materials that are thin yet effective. to test devices down to - 55 (Degree) C. The cost of owning the Model 55V6 is further reduced by its small footprint. The reduced footprint is the result of its vertical dock orientation and automatic horizontal loading Loading of items of like character in horizontal layers throughout the holds of a ship. See also loading. mechanism. Another key feature of the Model 55V6 is the user friendly human machine interface that is based on touch screen NT technology to offer exceptional ease of set-up and control." "We at Aetrium are all very excited about the introduction of the new Model 55V6 test handler," said Joseph C. Levesque, Aetrium's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "It is a product that took our engineering, manufacturing, and service departments less than 6 months from concept to reality and is very consistent with our philosophy of leveraging existing technology to bring new products to market quickly. We have tested the product extensively in our own factory and we believe it is now ready to undergo customer site testing. We chose to introduce the Model 55V6 at Semicon Singapore as this is where we expect the product to be most likely utilized to handle the newer generation of lead-less IC package manufacture. We expect to choose a "Beta" customer evaluation site following the exhibition". Certain matters in this news release are forward-looking statements which are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Such risks and uncertainties include, but are not limited to, adverse domestic or global economic conditions, slowing growth in the demand for semiconductor devices, the volatility and cyclical nature of the semiconductor industry, changes in the rates of capital expenditures by semiconductor manufacturers, progress of product development programs, unanticipated costs associated with the integration or restructuring of operations, and other risk factors set forth in the company's SEC filings, including its Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended Dec. 31, 2001. Aetrium, based in North St. Paul, Minnesota North St. Paul is a city in Ramsey County, Minnesota, east of the city of Saint Paul, Minnesota. The population was 11,929 at the 2000 census. In 1870, Henry A. Castle founded Castle Site along the shore of Silver Lake extending to the south and west. , is a leading supplier of proprietary technologies and equipment that are used by the worldwide semiconductor industry to assemble and test integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. (ICs) and other electronic components. The company's products are used by customers to advance reliability, improve quality, increase product yield, or improve manufacturing processes. Aetrium has manufacturing facilities in North St. Paul, Minnesota, and Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation). The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. . Aetrium's common stock is publicly traded on the Nasdaq market under the symbol ATRM. More information about Aetrium is available on the Internet at www.Aetrium.com. |
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