Thursday, December 9, 2010

Amtech Announces $23 Million in New Solar Orders

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 $23 million in new solar orders for its diffusion processing systems from new and existing customers in China. Amtech’s fiscal 2011 began October 1, 2010.

J.S. Whang, Chief Executive Officer of Amtech, commented, “These latest orders continue to demonstrate the quality and depth of our expanding solar customer base. We believe the intense effort by our customers and the solar industry to increase cell efficiency will continue to drive demand for our superior diffusion technology. We see healthy quotation activity and remain focused on continued successful execution of our solar growth strategy.”

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.

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