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Posted: October 6, 2008
Amtech Achieves $100 Million Total Bookings Milestone in Fiscal 2008
(Nanowerk News) Amtech Systems, Inc., a global supplier of production and automation systems and related supplies for the manufacture of solar cells, semiconductors, and silicon wafers, today announced that it has booked over $100 million in orders for its solar and semiconductor products in fiscal 2008 ended September 30th, with solar orders approximating 70% of total bookings.
J.S. Whang, President and Chief Executive Officer of Amtech, commented, “With the $9.0 million in follow-on solar orders we announced on September 15th, we have achieved a very significant milestone in the history of Amtech in surpassing $100 million in total solar and semiconductor orders in fiscal 2008. To put this achievement in perspective, total orders in fiscal 2007 were $56 million, including $21 million of solar orders. This milestone was reached on the strength of our solar products and in spite of a downturn in the semiconductor industry and the recent weakening of the Euro, compared to last quarter. We are very proud of all of the members of our Amtech team who have contributed to this significant achievement.”
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.