ASYS receives two orders totalling 3.5 million
Amtech Systems Inc. receives a $1.7 million order for semiconductor production equipment
BusinessWire, Tuesday, March 11, 1997 at 14:24
Tempe, Ariz.--(BUSINESS WIRE)--March 11, 1997--Amtech Systems Inc. (NASDAQ:ASYS) reported that it had received an order for $1.7 million of production equipment to be used in the manufacture of semiconductors. The purchaser is a leading DRAM (dynamic random access memory) chip manufacturer in Korea. This follows the recently announced order for $1.8 million from a European semiconductor fabricator. The purchase order sets forth an undisclosed number of 8" (200mm) Tempress(R) horizontal diffusion furnace systems, each to be supplied with three (3) processing chambers, a gas delivery system and an Amtech class 10 load-station. This equipment will be capable of performing these processes: metal alloy anneal, oxidation, and TEOS, a LPCVD (low pressure chemical vapor deposition) process. This order was acquired through the joint efforts of the company's European and USA operations. The diffusion furnace systems will be engineered and manufactured in The Netherlands by the company's wholly-owned subsidiary, Tempress Systems Inc. The class 10 load-stations will be manufactured in Amtech's Tempe facility. J.S. Whang, president and chief executive officer, stated, "The large orders received over the last fifteen (15) months confirms my belief that through new product development and product acquisition we can obtain continued growth from the market we serve. "Our strategy for future growth is to acquire or develop semiconductor fabrication equipment products that would benefit from our world-wide distribution channel while expanding beyond our current niche. Asia has consistently been an important market for the company. This order confirms our continued success in meeting the needs of Asian semiconductor chip manufacturers." Amtech Systems Inc. manufactures capital equipment for use in the production of semiconductors, which it sells through its world-wide distribution channel.
CONTACT: Amtech Systems Inc., Tempe Robert T. Hass, 602/967-5146 |