TEMPE, Ariz., Sept. 18, 2018 /PRNewswire/ -- Amtech
Systems, Inc. (NASDAQ: ASYS), a global manufacturer and supplier of
advanced thermal processing and polishing equipment and related
consumables to the semiconductor / electronics, power IC
businesses, solar, and advanced lighting markets, today announced
its solar subsidiary, Tempress Systems (Tempress) received an order
for its current generation of high-throughput quantum diffusion
systems, to be used for high efficiency N‑type technology solar
cell production. The customer is well respected in the
industry as a leader in mass production of high-efficiency N-type
solar cells. The order includes our latest generation of
diffusion systems and is for more than $6
million.
Mr. Fokko Pentinga, Chief
Executive Officer of Amtech, commented, "In competitive markets, we
continue to focus on advancing our technology solutions to meet the
market's objective to enhance their manufacturing processes,
upgrade their production lines, increase efficiencies, and lowering
the total cost of ownership. Although the environment for new
solar orders has been challenging, we are pleased to report this
new order as we wrap up our fiscal year 2018. As selective
investments are being made by the manufacturers of solar cells, the
market is recognizing our technology solutions as one of the best
opportunities for meeting their goal of upgrading and expanding
their capacity for higher efficiency solar cells."
About Amtech Systems, Inc. Amtech Systems, Inc. is
a global supplier of advanced thermal processing and polishing
equipment and related consumables to the semiconductor /
electronics, power IC businesses, solar, and advanced lighting
manufacturing markets. Amtech's equipment includes diffusion,
solder reflow systems. wafer handling automation, ALD and PECVD
systems and polishing equipment and related consumables for surface
preparation of various materials, including silicon carbide
("SiC"), sapphire and silicon. The Company's wafer handling,
thermal processing, polishing and consumable products currently
address the diffusion, oxidation, and deposition steps used in the
fabrication of semiconductors, printed circuit boards,
semiconductor packaging, solar cells, MEMS, and advanced lighting,
including the polishing of newly sliced sapphire and silicon
wafers. Amtech's products are recognized under the leading brand
names BTU International, Bruce TechnologiesTM, PR
HoffmanTM, Tempress SystemsTM, R2D
AutomationTM and SoLayTec.
Cautionary Note Regarding Forward-Looking
Statements. Certain information contained in this press
release is forward-looking in nature. All statements in this press
release, or made by management of Amtech Systems, Inc. and its
subsidiaries ("Amtech"), other than statements of historical fact,
are hereby identified as "forward-looking statements" (as such term
is defined in Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended). The forward-looking statements in this press release
relate only to events or information as of the date on which the
statements are made in this press release. Examples of
forward-looking statements include statements regarding Amtech's
expectations of future orders, financial results, operating
results, business strategies, projected costs, products under
development, competitive positions, and plans and objectives of
Amtech and its management for future operations. In some
cases, forward-looking statements can be identified by terminology
such as "may," "will," "should," "would," "expects," "plans,"
"anticipates," "intends," "believes," "estimates," "predicts,"
"potential," "continue," or the negative of these terms or other
comparable terminology or by our management are intended to
identify such forward-looking statements. These statements
are not guarantees of future performance and involve risks,
uncertainties and assumptions that are difficult to predict. The
Form 10-K, as amended, for the year ended September 30, 2017, and its Form 10-Q for the
quarterly period ended June 30, 2018,
each as Amtech filed with the Securities and Exchange Commission
for the year-ended September 30, 2017, listed various
important factors that could affect the company's future operating
results and financial condition and could cause actual results to
differ materially from historical results and expectations based on
forward-looking statements made in this document or elsewhere by
Amtech or on its behalf. These factors can be found under the
heading "Risk Factors" in the Form 10-K and the most recently filed
Form 10-Q and investors should refer to them. Because it is
not possible to predict or identify all such factors, any such list
cannot be considered a complete set of all potential risks or
uncertainties. Except as required by law, we undertake no
obligation to publicly update forward-looking statements, whether
as a result of new information, future events, or otherwise.
Contacts:
Amtech Systems,
Inc.
Robert T.
Hass
Chief Financial
Officer
(480)
967-5146
irelations@Amtechsystems.com
|
Christensen
Investor
Relations
Patty
Bruner
(480)
201-6075
pbruner@christensenir.com
|
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SOURCE Amtech Systems, Inc.