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BTU International Announces Receipt of $1.7 Million Order from Jurong Hi-Tech for Multiple Reflow Soldering Systems.


NORTH BILLERICA, Mass. -- Pyramax systems selected for critical 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.  solder solder (sŏd`ər), metal alloy used in the molten state as a metallic binder. The type of solder to be used is determined by the metals to be united. Soft solders are commonly composed of lead and tin and have low melting points. Hard solders (i.  applications at Jurong Hi-Tech facilities throughout the Asia/Pacific region

BTU Btu: see British thermal unit.  International, Inc. (Nasdaq NM: BTUI), the leading supplier of advanced thermal processing equipment for semiconductor packaging, surface mount, and advanced materials Advanced Materials is a leading peer-reviewed materials science journal published every two weeks. Advanced Materials includes Communications, Reviews, and Feature Articles from the cutting edge of materials science, including topics in chemistry, physics,  processing, today announced the receipt of a $1.7 million order from Jurong Hi-Tech. The order is for multiple Pyramax 98N and the recently-introduced Pyramax 150 X5 reflow solder systems that will be installed in Jurong Hi-Tech manufacturing facilities throughout the Asia/Pacific region.

Jurong Hi-Tech is a division of Jurong Technological Industrial Corporation Ltd (JTIC JTIC Joint Tenants in Common
JTIC JTIDS Technical Interface Concepts
JTIC Joint Tactical Intelligence Center
), which is a leading electronics contract manufacturer serving the OEMs in the computer peripherals, networking and telecommunications sectors. Jurong Hi-Tech has manufacturing facilities in Singapore, Malaysia, China and Indonesia.

"This very significant order reinforces BTU's leadership position within the global EMS industry," said Mark R. Rosenzweig, 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.  of BTU International. "Jurong Hi-Tech has been a BTU customer for many years, and now we have formed a long-term strategic partnership with them."

"Jurong Hi-Tech chose the Pyramax platform because of our exclusive closed loop process control technology," said Tom Nash, vice president of marketing. This unique feature of BTU's thermal processing systems enables the precise control of high temperatures, which is absolutely necessary for the processing of today's high Today's High

The intra-day high trading price.

Notes:
In other words, this is the highest price that a stock traded at during the course of the day. More often than not this is higher than the closing price.
See also: Today's Low
 value, advanced technology electronics. "In addition," said Nash, "the Pyramax platform is 'lead-free ready' and provides dramatic up-time performance, high throughput, extremely low cost of ownership and unparalleled process control for lead-free processing."

About BTU International

BTU International, with world headquarters in North Billerica, MA, is a market-leading supplier of advanced thermal processing equipment to the semiconductor, electronics, and materials sectors. BTU manufactures a wide range of equipment for semiconductor packaging applications, including state-of-the-art systems for wafer bumping and wafer-level packaging. The company also manufactures solder reflow furnaces for printed circuit board assembly, and advanced systems for materials processing Articles on Materials processing include:
  • process (engineering) a set of transformations of input elements into products
  • industrial process, a procedure involving chemical or mechanical steps to aid in the manufacture of an item or items
 applications requiring high temperatures and precise atmosphere control. BTU operates worldwide with direct sales and service offices in the USA, Asia and Europe. Information about BTU International is available on BTU's website at www.btu.com.

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.
 Statement

This news release, other than historical financial information, includes 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 known and unknown risks and uncertainties, including quarterly fluctuations in results. Such statements are made pursuant to the "safe harbor" provisions established by the federal securities laws, and are based on the assumptions and expectations of the company's management at the time such statements are made. Important factors that could cause actual results to differ include 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 filings with the Securities and Exchange Commission. Actual results may vary materially. Accordingly, you should not place undue reliance on any forward-looking statements. Unless otherwise required by law, the company disclaims any obligation to revise or update such forward-looking statements in order to reflect future events or developments.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 22, 2004
Words:502
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