capacity expansion. Signals sunny skies if you are on the buy-side.
-----Original Message-----
From: rvan@tnag.net [mailto:rvan@tnag.net]
Sent: Friday, October 08, 2010 2:21 PM
To: Monty Bannerman
Subject: Amtech Total Orders Reach a Record $187 Million in Fiscal 2010;
Solar Orders Total a Record $161 MillionBusiness WireOctober 5, 2010 Amtech
Systems, Inc. (NASDAQ: ASYS), a global supplier of production and automation
systems and related supplies for the
http://www.electroiq.com/index/display/pv-wire-news-display/1276559324.html
Amtech Total Orders Reach a Record $187 Million in Fiscal 2010; Solar Orders
Total a Record $161 MillionBusiness WireOctober 5, 2010 Amtech Systems,
Inc. (NASDAQ: ASYS), a global supplier of production and automation systems
and related supplies for the manufacture of solar cells, semiconductors, and
silicon wafers, today announced it has booked a record $187 million in total
orders in its 2010 fiscal year ended September 30, 2010, including a record
$161 million in solar orders. For the fourth quarter ended September 30,
2010, total orders were $49 million, including $41 million in solar
orders.J.S. Whang, Chief Executive Officer of Amtech, commented, "The record
total orders we have generated this fiscal year reflect our continued
success in supporting our existing customers and an increasing number of top
tier solar customers that recognize our superior solar diffusion technology.
We continue to see excellent quotation activity and remain focused on
continued successful execution of our solar growth strategy and further
expanding our solar market share." About Amtech Systems, Inc. Amtech
Systems, Inc. manufactures capital equipment, including silicon wafer
handling automation, thermal processing equipment and related consumables
used in fabricating solar cells and semiconductor devices. Semiconductors,
or semiconductor chips, are fabricated on silicon wafer substrates, sliced
from ingots, and are part of the circuitry, or electronic components, of
many products including solar cells, computers, telecommunications devices,
automotive products, consumer goods, and industrial automation and control
systems. The Company's wafer handling, thermal processing and consumable
products currently address the diffusion, oxidation, deposition, PECVD, and
PSG removal steps used in the fabrication of solar cells, semiconductors,
MEMS and the polishing of newly sliced silicon wafers. Statements contained
in this press release that are not historical facts may be forward looking
statements within the meaning of the Private Litigation Reform Act. Such
statements may use words such as "proposed," "anticipate," "believe,"
"estimate," "expect," "intend," "predict," "project" and similar expressions
as they relate to Amtech Systems, Inc. or our management. When we make
forward-looking statements, we are basing them on our management's beliefs
and assumptions, using information currently available to us. Although we
believe that the expectations reflected in the forward looking statements
are reasonable, these forward-looking statements are subject to risks,
uncertainties and assumptions including the risks discussed in our filings
with the Securities and Exchange Commission. If one or more of these risks
materialize, or if our underlying assumptions prove to be incorrect, actual
results may vary materially from what we projected. Any forward looking
statements contained in this press release reflect our current views with
respect to future events and are subject to these and other risks,
uncertainties and assumptions relating to our operations, results of
operations, growth strategy and liquidity. We have no intention, and
disclaim any obligation, to update or revise any forward-looking statements,
whether as a result of new information, future results or otherwise.
Copyright 2010 Business Wire, Inc. Business Wire Wire News provided by
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