Amtech Achieves $100 Million Total Bookings Milestone in Fiscal 2008.* Includes both Solar and Semiconductor orders * Solar approximately 70% of total bookings * Amtech makes successful transition to solar dominant from semiconductor dominant TEMPE, Ariz. -- Amtech Systems, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ASYS), a global supplier of production and automation systems and related supplies for the manufacture of solar cells solar cell, semiconductor devised to convert light to electric current. It is a specially constructed diode, usually made of silicon crystal. When light strikes the exposed active surface, it knocks electrons loose from their sites in the crystal. , semiconductors, and silicon wafers, today announced that it has booked over $100 million in orders for its solar and semiconductor products in fiscal 2008 ended September 30th, with solar orders approximating 70% of total bookings. J.S. Whang, President and Chief Executive Officer of Amtech, commented, "With the $9.0 million in follow-on solar orders we announced on September 15th, we have achieved a very significant milestone in the history of Amtech in surpassing $100 million in total solar and semiconductor orders in fiscal 2008. To put this achievement in perspective, total orders in fiscal 2007 were $56 million, including $21 million of solar orders. This milestone was reached on the strength of our solar products and in spite of a downturn in the semiconductor industry and the recent weakening of the Euro, compared to last quarter. We are very proud of all of the members of our Amtech team who have contributed to this significant achievement." About Amtech Systems, Inc. Amtech Systems, Inc. manufactures capital equipment, including silicon wafer handling automation, thermal processing equipment and related consumables used in fabricating solar cells and semiconductor devices. Semiconductors, or semiconductor chips, are fabricated fab·ri·cate tr.v. fab·ri·cat·ed, fab·ri·cat·ing, fab·ri·cates 1. To make; create. 2. To construct by combining or assembling diverse, typically standardized parts: on silicon wafer substrates, sliced from ingots, and are part of the circuitry, or electronic components, of many products including solar cells, computers, telecommunications devices, automotive products, consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and , and industrial automation and control systems. The Company's wafer handling, thermal processing and consumable A material that is used up and needs continuous replenishment, such as paper and toner. "The low-tech end of the high-tech field!" products currently address the diffusion, oxidation and deposition steps used in the fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. of solar cells, semiconductors, MEMS (MicroElectroMechanical Systems) Tiny mechanical devices that are built onto semiconductor chips and are measured in micrometers. In the research labs since the 1980s, MEMS devices began to materialize as commercial products in the mid-1990s. and the polishing of newly sliced silicon wafers. Statements contained in this press release that are not historical facts may be forward looking statements within the meaning of the Private Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act. Such statements may use words such as "proposed," "anticipate," "believe," "estimate," "expect," "intend," "predict," "project" and similar expressions as they relate to Amtech Systems, Inc. or our management. When we make forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , we are basing them on our management's beliefs and assumptions, using information currently available to us. Although we believe that the expectations reflected in the forward looking statements are reasonable, these forward-looking statements are subject to risks, uncertainties and assumptions including the risks discussed in our filings with the Securities and Exchange Commission. If one or more of these risks materialize, or if our underlying assumptions prove to be incorrect, actual results may vary materially from what we projected. Any forward looking statements contained in this press release reflect our current views with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc our operations, results of operations, growth strategy and liquidity. We have no intention, and disclaim any obligation, to update or revise any forward-looking statements, whether as a result of new information, future results or otherwise. |
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