Aehr Test Systems Added to Russell Microcap Index
June 26 2017 - 7:00AM
Aehr Test Systems (NASDAQ:AEHR)
,
a worldwide supplier of semiconductor test and burn-in equipment,
today announced it has been added to the Russell Microcap index,
effective at the close of market on June 23, 2017 when Russell
Investments reconstituted its comprehensive set of U.S. and global
equity indexes.
Gayn Erickson, President and CEO of Aehr Test Systems,
commented, “Aehr Test’s inclusion in the Russell Microcap index
reflects our continued success in providing reliability and
massively parallel test solutions to manufacturers of integrated
circuits and highly-integrated miniature modules. Our advanced test
and burn-in systems are helping companies that supply devices into
the automotive sensor, mobile communications, IC, and Internet of
Things markets meet the higher quality and reliability needs of
these markets. Our systems enable the test and burn-in of packaged
parts, modules, wafers and even systems, supporting the rapidly
changing advanced packaging used by our customers. With the roll
out of our new FOX-XP platform for wafer level test and burn-in, we
believe we have built a solid foundation for growth as these
dynamic end markets expand. As we execute on our strategic plan, we
look forward to the additional visibility and investment community
exposure that comes with being part of the Russell Microcap
Index.”
The rebalanced Russell Global, Russell 1000, Russell 2000,
Russell 3000, Russell Midcap, and Russell Microcap Indexes will
begin trading today, June 26, 2017.
Annual Russell indexes reconstitution captures the 4,000 largest
U.S. stocks as of the end of May, ranking them by total market
capitalization. Membership in the Russell 3000®, which remains in
place for one year, means automatic inclusion in the large-cap
Russell 1000® Index or small-cap Russell 2000® Index as well as the
appropriate growth and value style indexes. FTSE Russell determines
membership for these indexes primarily by objective,
market-capitalization rankings, and style attributes.
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $6 trillion in assets
are benchmarked to the Russell U.S. indexes. Russell indexes are
part of FTSE Russell, a leading global index provider.
For more information on the Russell 3000® Index and the Russell
US Indexes reconstitution, go to the “Russell Reconstitution”
section on the FTSE Russell website.
About Aehr Test SystemsHeadquartered in
Fremont, California, Aehr Test Systems is a worldwide provider of
test systems for burning-in and testing logic and memory integrated
circuits and has an installed base of more than 2,500 systems
worldwide. Increased quality and reliability needs of the
Automotive and Mobility integrated circuit markets are driving
additional test requirements, capacity needs and opportunities for
Aehr Test products in package and wafer level test. Aehr Test has
developed and introduced several innovative products, including the
ABTSTM and FOXTM families of test and burn-in systems, WaferPakTM
contactors, and DiePak® carriers. The ABTS systems are used in
production and qualification testing of packaged parts for both
low-power and high-power logic as well as memory devices. The FOX
family of systems includes single and multi-wafer full wafer
contact test and burn-in systems used for burn-in and functional
test of complex devices, such as leading-edge memories, digital
signal processors, microprocessors, microcontrollers and
systems-on-a-chip. The WaferPak contactor contains a unique full
wafer probe card capable of testing wafers up to 300mm that enables
IC manufacturers to perform test and burn-in of full wafers on Aehr
Test FOX systems. The DiePak carrier is a reusable, temporary
package that enables IC manufacturers to perform cost-effective
final test and burn-in of both bare die and modules. For more
information, please visit Aehr Test’s website at www.aehr.com.
Aehr Test Systems
Ken Spink
Chief Financial Officer
(510) 623-9400 x309
Investor Relations Contact:
Todd Kehrli or Jim Byers
MKR Group, Inc.
(323) 468-2300
aehr@mkr-group.com
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