BTU International Announces Booking of $3.2 Million Follow-On Order.Business/Technology Editors NORTH BILLERICA, Mass.--(BUSINESS WIRE)--Feb. 28, 2001 BTU Btu: see British thermal unit. International, 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 :BTUI) announced today it has booked a $3.2 million order from a U.S. based ceramics packaging customer for a Walking Beam See Beam, 10. See also: Walking System. This order is a follow-on to a large $1.9 million upgrade order booked in the latter half of 2000 for a similar Walking Beam System. The $5 million in revenue for these two orders will be recognized over the first three quarters of 2001. BTU's Walking Beam systems operate at temperatures of up to 1800 degrees centigrade centigrade /cen·ti·grade/ (sen´ti-grad) having 100 gradations (steps or degrees); see under scale. cen·ti·grade adj. Celsius. and are used for large volume production, incorporating the latest technological advancements for processing heavy loads under precisely controlled temperature and atmosphere. BTU International is a major supplier of thermal processing systems to the electronics industry. BTU designs, manufactures, sells and supports advanced thermal processing systems used primarily in the assembly of printed circuit boards and in advanced semiconductor packaging. BTU is the market leader in solder reflow (1) The process of heating and melting the solder that has been screen printed onto a printed circuit board in order to bond chips and other components to the board. Surface mount chips (SMT) use the reflow method. Contrast with wave soldering. See also reflowable text. systems used by contract electronics manufacturers and electronics original equipment manufacturers. In addition, BTU produces certain custom thermal processing systems that are engineered for specific customer applications, typically requiring high temperatures and precise atmosphere control. This news release, other than historical financial information, includes forward-looking statements that involve risks and uncertainties, including quarterly fluctuations in results, the timely availability and acceptance of new products, general market conditions governing supply and demand, the impact of competitive products and pricing and other risks detailed in the company's SEC reports. Actual results may vary materially. BTU International is headquartered at 23 Esquire Road, North Billerica, MA 01862 TEL TEL Telephone TEL Telegram TEL Telugu (langauge) TEL Terrorist Exclusion List TEL Technology-Enhanced Learning TEL Transporter-Erector-Launcher TEL Tetra-Ethyl Lead TEL Team Deutsche Telekom : 978-667-4111, FAX: 978-667-9068, E-MAIL e-mail: see electronic mail. in full electronic mail Messages and other data exchanged between individuals using computers in a network. : sales@btu.com, INTERNET: http://www.btu.com. In addition, BTU has sales and service offices in Europe and Asia. |
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