GT Advanced Technologies Achieves Full Mono Yields from Ingots Cast using New MonoCast™ Technology
March 15 2012 - 9:31AM
Business Wire
GT Advanced Technologies Inc., (NASDAQ: GTAT), today announced
that it has achieved 100 percent mono yields from ingots cast in
its DSS™450 MonoCast™ technology. The new milestone in casting
technology is a 75 percent increase in yields using the same
furnace configuration that the company first introduced at the end
of January 2012.
DSS(TM)450 MonoCast(TM) (Photo: Business
Wire)
“We leverage our deep domain knowledge in crystal growth process
systems and post processing expertise to deliver higher levels of
value to our customers,” said Vikram Singh, GT’s general manager of
its PV group. “This achievement allows manufacturers of traditional
multicrystalline wafers to produce the highest volume of full
monocrystalline wafers in their DSS furnaces without the hybrid
wafer by-products that result from bricks that contain material
consisting of mono and multicrystalline material.”
The DSS450 MonoCast features new advanced hardware and an
industry first automatic seed retention feature that eliminates
dipping and operator intervention between melt and growth helping
to automate the process and enabling the production worthiness of
the DSS450 MonoCast system. When combined with GT’s Acuity™
performance software, the DSS450 MonoCast produces high quality
ingots run after run. Customers currently operating DSS furnaces
can migrate to the new DSS450 MonoCast system through a field
upgrade.
About GT Advanced Technologies Inc.
GT Advanced Technologies, Inc. is a global provider of
polysilicon production technology, and sapphire and silicon
crystalline growth systems and materials for the solar, LED and
other specialty markets. The company's products and services allow
its customers to optimize their manufacturing environments and
lower their cost of ownership. For additional information about GT
Advanced Technologies, please visit www.gtat.com.
Forward-Looking Statements
Some of the statements in this press release are forward-looking
in nature, including statements regarding expected results from new
technology offerings. These statements are based on management’s
current expectations or beliefs. These forward-looking statements
are not a guarantee of performance and are subject to a number of
uncertainties and other factors, many of which are outside the
Company’s control, which could cause actual events to differ
materially from those expressed or implied by the statements.
Factors that may cause actual events to differ materially from
those expressed or implied by our forward-looking statements
include the possibility that the Company is unable to recognize
revenue on customer contracts, that technological changes could
render existing products or technologies obsolete, the Company may
be unable to protect its intellectual property rights, competition
from other manufacturers may increase, exchange rate fluctuations
and conditions in the credit markets and economy may reduce demand
for the Company’s products and various other risks as outlined in
GT Advanced Technologies Inc’s (formerly Solar International, Inc.)
filings with the Securities and Exchange Commission, including the
statements under the heading “Risk Factors” in the Company’s annual
report on Form 10-K for fiscal 2011 filed on May 26, 2011 and
quarterly report on Form 10-Q for the second quarter of fiscal 2012
filed on November 9, 2011. GT Advanced Technologies, Inc. is under
no obligation to, and expressly disclaims any such obligation to,
update or alter its forward-looking statements, whether as a result
of new information, future events, or otherwise.
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