Amtech Systems Inc. Announces a Solar Order from a Major U.S. Producer of Solar Energy Products.TEMPE, Ariz. -- Amtech Systems, Inc. (Nasdaq:ASYS), a global supplier of production and automation systems and related supplies to 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. and silicon wafer industries, today announced that a major U.S. manufacturer of solar energy solar energy, any form of energy radiated by the sun, including light, radio waves, and X rays, although the term usually refers to the visible light of the sun. products awarded the Company an order for its Bruce Technologies(R) horizontal BDF BDF Beiersdorf (German pharmaceutic enterprise) BDF Bitmap Distribution Format (font format) BDF Banque de France BDF Backward Differentiation Formula BDF Business Development Fund 200 diffusion furnace. This order is further evidence of Amtech's commitment to serving the rapidly expanding solar market and this market's acceptance of Amtech's products. It is also another indicator that Amtech is making good progress in integrating Bruce Technologies Inc. and expanding the installed customer base of that business unit. 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 with receiving this order from the growing solar cell industry and being selected for this project by one of the most respected and largest conglomerates in the world. Amtech's Diffusion Business continues to aggressively pursue opportunities in the solar cell industry with product lines from Bruce Technologies Inc. and Tempress Systems Inc. We believe that the order commitments we have secured from the solar cell industry over the past ten months demonstrate the success of our growth strategy and sales and marketing activities. The 2004 acquisition of the Bruce Technologies(R) product line significantly expanded our opportunities for selling horizontal furnaces around the world. The order announced today is from a customer located in the United States, 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. 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 (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. . 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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