Amtech Systems Enters R&D Agreement for Solar Process Improvement with the Energy Research Centre of the Netherlands (``ECN'').TEMPE, Ariz. -- Amtech Systems, Inc. (Nasdaq:ASYS), global supplier of production and automation systems and related supplies for the Semiconductor, Solar Cell 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. , Silicon Wafer and 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. (microelectromechanical system microelectromechanical system (MEMS) Miniature devices formed by combining mechanical parts and electronic circuits, typically on a semiconductor chip, with dimensions from tens to a few hundred micrometres (millionths of a metre). ) industries, today announced that the Company has entered into a research agreement with the Energy Research Centre of the Netherlands The Energy research Centre of the Netherlands (ECN) is the largest Dutch centre for study into energy. It is based in Petten and has 900 employees. The institute consists of 8 research areas:
adj. Of, relating to, or containing phosphorus, especially with a valence of 3 or a valence lower than that of a comparable phosphoric compound. doping doping, in electronics: see semiconductor. Altering the electrical conductivity of a semiconductor material, such as silicon, by chemically combining it with foreign elements. process and develop new phosphorous doping processes for solar cells with a high-ohmic emitter One side of a bipolar transistor. See collector. , thereby improving the efficiency of the resulting solar cells. (3) To explore additional processes that may further improve efficiency of solar cells produced with P-type wafers. The Company will provide a Tempress Systems(TM) diffusion diffusion, in chemistry, the spontaneous migration of substances from regions where their concentration is high to regions where their concentration is low. Diffusion is important in many life processes. furnace furnace, enclosed space for the burning of fuel. There are many kinds of furnaces, the type depending upon the fuel and the use to which the heat produced within it is put. Most familiar are the furnaces used in the heating of buildings. for use during the term of the agreement. The Company will receive a non-exclusive license to use, manufacture and sell any products, using process improvements developed by ECN. The Company will pay ECN a royalty on sales of any products incorporating ECN process improvements. ECN will use its solar cell production facilities to produce finished solar cells using Amtech and ECN developed processes and test those cells for any improvement in energy-converting efficiency. J.S. Whang, President and Chief Executive Officer of Amtech Systems, Inc. said, "It is our goal to expand our share of the rapidly growing solar cell market. One approach we are taking toward expanding our share of that market is to improve the value of the products we sell. As a result, I am very excited to be teaming up with one of the world's premiere solar cell research centers to improve and expand the number of processes we can deliver to the solar cell industry along with our diffusion furnaces. Separately, I am pleased to announce that we have a patent pending on a pressure-controlled phosphorous doping process we have developed, which improves the uniformity of the phosphorous layer used in the production of both solar cells and semiconductors." The Energy research Centre of the Netherlands ("ECN") is the largest research center in the field of energy in the Netherlands. ECN's technology is used in the production of solar cells, as well as other alternative energy sources. ECN takes the results of basic research conducted at universities and develops practical application of that knowledge and technology. ECN is located near Petten, the Netherlands, and employs approximately 900 people. The ECN website is www.ecn.nl. This press release contains 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. 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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