Amtech Further Expands Customer Base for its N-Type Solar Boron Diffusion System Over 800MW Already Installed
Poster: SySAdmin
Posted on September 5, 2014 at 7:21:01 AM
Amtech Further Expands Customer Base for its N-Type Solar Boron Diffusion System Over 800MW Already Installed
TEMPE, Ariz., Sept. 5, 2014 /PRNewswire/ -- Amtech Systems, Inc. (NASDAQ: ASYS), a global supplier of production and automation systems and related supplies for the manufacture of solar cells, semiconductors, and sapphire and silicon wafers, today announced its solar subsidiary, Tempress Systems, has received an order for its solar boron diffusion system from a leading Taiwan cell manufacturer, which makes it the third boron diffusion customer in that country. The system will be used in an n-type, next generation high efficiency cell production line.
Mr. Fokko Pentinga, Chief Executive Officer of Amtech, commented, "We are the industry leaders in boron diffusion used in n-type cell processing with over 800MW installed in production, research and pilot lines. This order further validates that leading solar cell manufacturers are looking to next generation n-type technology solutions to meet the market's need for lower cost and continuously higher efficiency solar cells and that our solar boron diffusion system is considered a high-value technology solution. In the last decade, Amtech has specialized in n-type technology and boron diffusion in particular, by developing unique processes and hardware. Our research and development team is continuously focused on advancing our technology solutions to meet the evolving requirements of our targeted market. We are highly encouraged by many top-tier customers' interest in our n-type diffusion processing technology, and we continue to believe n-type cell technology will play a significant role in the growing future solar market."
About Amtech Systems, Inc.
Amtech Systems, Inc. manufactures capital equipment, including silicon wafer handling automation, thermal processing and ion implant equipment and related consumables used in fabricating solar cells, LED 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, LEDs, semiconductors, MEMS and the polishing of newly sliced silicon wafers.
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 ("the Company" or "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). 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. Examples of forward-looking statements include statements regarding Amtech's future financial results, operating results, business strategies, projected costs, products under development, competitive positions and plans and objectives of the Company and its management for future operations.
We cannot guarantee that any forward-looking statement will be realized, although we believe that the expectations reflected in the forward-looking statements are reasonable. Achievement of future results is subject to risks, uncertainties and potentially inaccurate assumptions. The Form 10-K that we filed with the Securities and Exchange Commission for the year-ended September 30, 2013 listed various important factors that could affect Amtech'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 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. Christensen
Bradley C. Anderson Investor Relations
Chief Financial Officer Patty Bruner
(480) 967-5146 (480) 201-6075
irelations@Amtechsystems.com pbruner@christensenir.com
SOURCE Amtech Systems, Inc.
Amtech Systems, Inc.
Web Site: http://www.amtechsystems.com/
TEMPE, Ariz., Sept. 5, 2014 /PRNewswire/ -- Amtech Systems, Inc. (NASDAQ: ASYS), a global supplier of production and automation systems and related supplies for the manufacture of solar cells, semiconductors, and sapphire and silicon wafers, today announced its solar subsidiary, Tempress Systems, has received an order for its solar boron diffusion system from a leading Taiwan cell manufacturer, which makes it the third boron diffusion customer in that country. The system will be used in an n-type, next generation high efficiency cell production line.
Mr. Fokko Pentinga, Chief Executive Officer of Amtech, commented, "We are the industry leaders in boron diffusion used in n-type cell processing with over 800MW installed in production, research and pilot lines. This order further validates that leading solar cell manufacturers are looking to next generation n-type technology solutions to meet the market's need for lower cost and continuously higher efficiency solar cells and that our solar boron diffusion system is considered a high-value technology solution. In the last decade, Amtech has specialized in n-type technology and boron diffusion in particular, by developing unique processes and hardware. Our research and development team is continuously focused on advancing our technology solutions to meet the evolving requirements of our targeted market. We are highly encouraged by many top-tier customers' interest in our n-type diffusion processing technology, and we continue to believe n-type cell technology will play a significant role in the growing future solar market."
About Amtech Systems, Inc.
Amtech Systems, Inc. manufactures capital equipment, including silicon wafer handling automation, thermal processing and ion implant equipment and related consumables used in fabricating solar cells, LED 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, LEDs, semiconductors, MEMS and the polishing of newly sliced silicon wafers.
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 ("the Company" or "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). 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. Examples of forward-looking statements include statements regarding Amtech's future financial results, operating results, business strategies, projected costs, products under development, competitive positions and plans and objectives of the Company and its management for future operations.
We cannot guarantee that any forward-looking statement will be realized, although we believe that the expectations reflected in the forward-looking statements are reasonable. Achievement of future results is subject to risks, uncertainties and potentially inaccurate assumptions. The Form 10-K that we filed with the Securities and Exchange Commission for the year-ended September 30, 2013 listed various important factors that could affect Amtech'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 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. Christensen
Bradley C. Anderson Investor Relations
Chief Financial Officer Patty Bruner
(480) 967-5146 (480) 201-6075
irelations@Amtechsystems.com pbruner@christensenir.com
SOURCE Amtech Systems, Inc.
Amtech Systems, Inc.
Web Site: http://www.amtechsystems.com/