BTU International Receives $1.9 Million Order for Nuclear Fuel-Sintering Furnace from China.NORTH BILLERICA, Mass. -- BTU Btu: see British thermal unit. International, Inc. (Nasdaq: BTUI), a leading supplier of advanced thermal processing equipment for the electronics manufacturing This article presents a typical manufacturing process of an electronic assembly. Component manufacturing Components such as resistors, capacitors and integrated circuits are generally made by specialized contractors. and alternative energy generation markets, today announced the receipt of a $1.9 million order for a Walking Beam See Beam, 10. See also: Walking Furnace from a leading manufacturer of nuclear fuel in China. "We are proud to be the supplier for the first Walking Beam Furnace to China, which will be used for the sintering sintering, process of forming objects from a metal powder by heating the powder at a temperature below its melting point. In the production of small metal objects it is often not practical to cast them. of nuclear fuel pellets. China's growing demand for electrical power is driving the need for local clean energy sources, such as nuclear. This high-technology, high-volume Walking Beam Furnace system is designed to play a major role in ramping up China's nuclear energy infrastructure," said Paul van der Wansem, 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. BTU is the world's leading provider of systems used for the sintering of nuclear fuel pellets. BTU's Walking Beam Furnace is a high temperature, thermal processing system designed for handling heavy loads under precisely controlled temperatures and atmospheric conditions. Various system configurations are available to provide temperatures up to 1800 degrees Celsius and atmosphere capabilities ranging from oxidizing to fully reducing. The Walking Beam system includes a number of BTU's proprietary technologies including variable density refractory components, eductor technology and the walking beam mechanism. About BTU International BTU International is a market-leading, global supplier of advanced thermal processing equipment to the electronics manufacturing and alternative energy generation markets. BTU equipment is used in the production of printed circuit board assemblies and semiconductor packaging as well as in 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. , nuclear fuel and fuel cell manufacturing. BTU has operations in North Billerica, Massachusetts North Billerica is a village (or section) of the Town of Billerica, Massachusetts, one of nine villages (sections) that make up the Town of Billerica. It is the home to Faulkner and Talbot mills and the North Billerica Train Depot. and Shanghai, China with direct sales and service in the USA, Asia and Europe. Information about BTU International is available 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 under 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 This news release contains express or implied forward-looking statements regarding, among other things, (i) the company's expectation to successfully deliver and install the equipment at the customer site, and (ii) the company's expectation for business in the Electronics Manufacturing and Alternative Energy markets. Such statements are neither promises nor guarantees but rather are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. 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, including but not limited to the company's Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended July 1, 2007. Actual results may vary materially. Accordingly, you should not place undue reliance on any forward-looking statements. All information set forth in this press release is as of October 11, 2007, and, unless otherwise required by law, the company disclaims any obligation to revise or update this information in order to reflect future events or developments. |
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