Amtech Systems Inc. Announced $1.8 Million Order from the #1 Producer of Analog Semiconductor Chips.TEMPE, Ariz. -- Amtech Systems, Inc. (Nasdaq:ASYS), a global supplier of production and automation systems and related supplies for the semiconductor, silicon wafer, 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. 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 world leader of analog semiconductor chips awarded the Company a $1.8 million order for its Bruce Technologies(R) horizontal diffusion furnaces on the last day of 2005, the end of its first quarter of fiscal 2006. This order and the $5.1 million system order announced August 16, 2005 indicate that Amtech is making good progress in rejuvenating the diffusion furnace systems business from the installed customer base of Bruce Technologies, Inc., as anticipated at the time the business was acquired in July 2004. The order is from the world's largest producer of analog chips and the world's third-largest semiconductor company in 2004 in terms of revenue, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Gartner, Inc., an industry analyst. Analog chips process inputs, such as sound, temperature, pressure and visual images, conditioning them, amplifying them and converting them into digital signals. Analog chips also assist in the management of power distribution and consumption, which are critical to today's portable devices. This customer is just one of a number of very large semiconductor producers served by the Bruce Technologies(R) product line. J.S. Whang, the Company'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. , stated, "I am pleased to end 2005 on such a positive note, with a large system order from one of the industry's leading semiconductor fabricators. The recognition of our products' superiority by an industry leader is particularly rewarding. The 2004 acquisition of the Bruce Technologies(R) product line has expanded our opportunities for selling horizontal furnaces around the world. The order announced today is from a customer located in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , confirming our ability to realize opportunities in this important domestic market." 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 part of the circuitry, or electronic components, of many products including 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 , 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 fabrication (fab´rikā´sh  n),n the construction or making of a restoration. of semiconductors, solar cells and MEMS. The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides a "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by Amtech Systems, Inc.) contains statements that are forward-looking. Such forward looking information involves a number of known and unknown risks and uncertainties that could cause actual results to differ materially from those discussed or anticipated by management. Potential risks and uncertainties include, among other factors, industry specific and general business conditions, competitive market conditions, success of Amtech's growth and sales strategies, the possibility of customer changes in delivery schedules, cancellation of orders or other commitments, potential delays in product shipments, delays in obtaining inventory parts from suppliers, failure to satisfy customer acceptance requirements and other risk factors described in Amtech's SEC filings. All forward-looking statements are based on management's estimates, projections and assumptions as of the date hereof and Amtech assumes no obligation to update this press release. This press release should be read in conjunction with the Company's Annual Report on 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 fiscal year ended September 30, 2005. |
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