TEMPE, Ariz., Dec. 14, 2017 /PRNewswire/ -- Amtech
Systems, Inc. (NASDAQ: ASYS), a global supplier of production
equipment and related supplies for the solar, semiconductor, and
LED markets, today announced its solar subsidiary, SoLayTec B.V.,
has received a follow-on order for three next generation solar
Atomic Layer Deposition (ALD) systems. The order is expected to
ship and be installed in this fiscal year. As a leading ALD
supplier in the market, SoLayTec has booked a total of 25 ALD
system orders since its inception, of which 15 will be used in mass
production.
Fokko Pentinga, CEO and President
of Amtech, commented, "This follow-on order brings the total ALD
tools ordered by this specific customer to seven. Four systems have
been put in production of PERC solar cells in the second half of
fiscal 2017. The orders SoLayTec has received from this particular
customer represent a total of 1GW of PERC production capacity. This
follow-on order validates our customer's confidence in the
performance capabilities of our spatial ALD system in high-volume
production of PERC solar cells. There is a high level of enthusiasm
in the PV marketplace for PERC solutions and this manufacturing
platform supports our customers' goals to improve the total cost of
ownership by increasing cell efficiency."
About Amtech Systems, Inc.
Amtech Systems, Inc. is a
global supplier of advanced thermal processing equipment to the
solar, semiconductor / electronics, and LED manufacturing markets.
Amtech's equipment includes diffusion, ALD and PECVD systems and
solder reflow systems. Amtech also supplies wafer handling
automation and polishing equipment and related consumable products.
The Company's wafer handling, thermal processing and consumable
products currently address the diffusion, oxidation, and deposition
steps used in the fabrication of P-multi, P-mono, N-Pert and PERC
solar cells, LEDs, semiconductors, MEMS, printed circuit boards,
semiconductor packaging, and the polishing of newly sliced sapphire
and silicon wafers. Amtech's products are recognized under the
leading brand names Tempress Systems™, Bruce
Technologies™, PR Hoffman™, R2D
Automation™, SoLayTec™, and BTU
International™.
About SoLayTec B.V.
SoLayTec is a spin-off company of
the Dutch research organization TNO. SoLayTec is now wholly-owned
by Amtech Systems, Inc. (Nasdaq ASYS). The company develops,
delivers and services machines for atomic layer deposition (ALD) on
solar cells worldwide. The SoLayTec ALD machines are designed for
mass production in the solar market. In the field of solar cell ALD
equipment, SoLayTec has a leading position.
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). 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 and are intended to identify such
forward-looking statements. Examples of forward-looking statements
include statements regarding Amtech's future financial results,
operating results, business strategies, projected costs, products
under development, future orders, competitive positions, and plans
and objectives of Amtech and its management for future operations.
These statements are not guarantees of future performance and
involve risks, uncertainties and assumptions that are difficult to
predict. The Form 10-K that Amtech filed with the Securities and
Exchange Commission (the "SEC") for the year-ended September 30, 2016, 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 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:
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|
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Amtech Systems,
Inc.
|
Christensen
|
Robert T.
Hass
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Investor
Relations
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Chief Financial
Officer
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Patty
Bruner
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(480)
967-5146
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(480)
201-6075
|
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SOURCE Amtech Systems, Inc.