Amtech Systems, Inc. Announces $2 Million Semiconductor Order.TEMPE, Ariz. -- Amtech Systems, Inc. (Nasdaq:ASYS), a global supplier of production and automation systems and related supplies for the semiconductor, silicon wafer, and solar cell industries, today announced an order for $2 million in Tempress(TM) diffusion furnace systems from an existing customer in China. These systems, along with the $3 million of solar orders announced yesterday, are scheduled for shipment in the next three to six months. J.S. Whang, the Company's President and CEO, stated, "Asia, and China in particular, represent a rapidly growing segment of both the solar cell and semiconductor industries. We are aggressively pursuing these markets as a part of our growth strategy. Securing this $2 million order from a repeat customer illustrates how we intend to continue to build our installed base, and our future, through one satisfied customer at a time. We believe that repeat orders such as the one announced today demonstrate the success of our growth strategy and sales and marketing activities." About Amtech Systems, Inc. Amtech Systems, Inc. manufactures capital equipment, including silicon wafer handling automation, thermal semiconductor processing equipment and related consumables used in fabricating semiconductor devices. Semiconductors, or semiconductor chips, are fabricated on silicon wafer substrates, sliced from ingots, and are part of the circuitry, or electronic components, of many products including computers, telecommunications devices, automotive products, consumer goods, and industrial automation and control systems. The Company's semiconductor handling, thermal processing and consumable products currently address the polishing of newly sliced silicon wafers and reclaimed test wafers and the oxidation and deposition steps used in the fabrication of semiconductors, MEMS and solar cells. This press release contains forward-looking statements that involve substantial risks and uncertainties. Typically, these statements contain words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will" and "would" or similar words. You should read statements that contain these words carefully because they discuss our future expectations, contain projections of our future results of operations or of our financial position or state other "forward-looking" information. There may be events in the future that we are not able to predict or control. Such risks and uncertainties include changes in the technologies used by our customers, change and volatility in the demand for diffusion equipment, the effect of changing worldwide political and economic conditions on capital expenditures, production levels, including those in Europe and Asia, the effect of overall market conditions and market acceptance risks. Other risks include those associated with dependence on suppliers, the impact of competitive products and pricing, technological and product development risks (including the risks inherent in launching new products, such as our vertical furnace) and other risk factors. As a result, our operating results may fluctuate, especially when measured on a quarterly basis. The forward-looking statements included in this release are made only as of the date of this release and we undertake no obligation to update the forward-looking statements to reflect subsequent events or circumstances. For further information, refer to our Securities and Exchange Commission filings, including our Forms 10-K and Forms 10-Q. |
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