Friday, January 29, 2010

Amtech announces $19 million in new solar orders

TEMPE, USA: Amtech Systems Inc., a global supplier of production and automation systems and related supplies for the manufacture of solar cells, semiconductors, and silicon wafers, announced that its solar subsidiary, Tempress Systems Inc., has received approximately $19 million in solar orders for its diffusion processing systems from several new and existing customers in Asia.

The orders are expected to ship in the second half of calendar 2010. Amtech’s total solar orders to date in fiscal 2010, including these most recent orders, have surpassed $70 million. Amtech’s fiscal 2010 began October 1, 2009.

J.S. Whang, President and Chief Executive Officer of Amtech, commented: "These latest orders are from both new and existing customers and demonstrate the growing solar manufacturing market in Asia and the significant presence that Tempress has developed in the region in a very short period of time through superior diffusion technology.

"I am very pleased that an increasing number of top tier solar cell manufacturers are recognizing our diffusion technology and our capability to support their high efficiency solar cell programs, as evidenced by the high level of orders received fiscal year-to-date. We believe the intense effort by our customers and the solar industry to increase cell efficiency will continue to drive demand for our diffusion technology and related products. We continue to see excellent quotation activity and remain focused on continued successful execution of our solar growth strategy."

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