Amtech Announces $37 Million in New Solar Orders

Friday, Sep 03, 2010

Amtech Systems, Inc. (NASDAQ:ASYS), a global supplier of production and automation systems and related supplies for the manufacture of solar cells, semiconductors, and silicon wafers, today announced that its solar subsidiary, Tempress Systems, Inc., has received approximately $37 million in new solar orders for its diffusion processing systems from several new and existing customers in Asia. Including these most recent orders, Amtech’s total solar orders to-date in fiscal 2010 has reached approximately $157 million. Amtech’s fiscal 2010 began October 1, 2009.

J.S. Whang, Chief Executive Officer of Amtech, commented, “These latest orders further demonstrate the quality and depth of our expanding solar customer base, and our ability to provide excellent product and service to the industry. We believe the intense effort by our customers and the solar industry to increase cell efficiency will continue to drive demand for our superior diffusion technology. We continue to see excellent quotation activity and remain focused on continued successful execution of our solar growth strategy.”

Source: Business Wire