Amtech Announces $5 Million in Solar Orders
TEMPE, Ariz.--(BUSINESS WIRE)-- 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 that its solar subsidiary, Tempress Systems, Inc., has received approximately $5 million in solar orders for its diffusion processing systems from two new customers, one in Asia and the other in Europe. The Asian order is for multiple systems and the European order is to a solar research and development institute.
J.S. Whang, President and Chief Executive Officer of Amtech, commented, "Despite these difficult economic times, we continue to see acceptance and demand for our solar products, as demonstrated by these two orders, and are pleased to further expand our global solar customer base. We continue to be optimistic about the long-term growth opportunities in the solar market."
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 and deposition steps used in the fabrication of solar cells, semiconductors, MEMS and the polishing of newly sliced silicon wafers.
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Source: Amtech Systems, Inc.
Released January 6, 2009