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Technology Stocks : ASYS -- Amtech Systems, 700% EPS gain?
ASYS 8.100+2.4%3:59 PM EDT

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From: robert a belfer5/8/2007 8:10:46 AM
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Amtech Enters Into Manufacturing Agreement With DSG Technologies for Vertical Microwave System
Partnership Provides New Product Offering Into Leading Edge Thermal Processing Manufacturing
TEMPE, Ariz., May 8 /PRNewswire-FirstCall/ -- Amtech Systems, Inc. (Nasdaq: ASYS), a global supplier of production and automation systems and related supplies for the manufacture of semiconductors, solar cells and wafers, announced today that it has entered into a manufacturing agreement with DSG Technologies (DSG), a Silicon Valley, California-based company, to manufacture a vertical microwave system, combining Amtech's vertical furnace platform with DSG's Micro-Mode Microwave (M3) heating technology.

Amtech, through its Netherlands-based subsidiary, Tempress Systems, will manufacture the vertical microwave system utilizing Tempress' small-batch vertical furnace platform and DSG's Axiom (300) reactor (patent-pending) which utilizes the M3 microwave heating technology. This new product will be used for sub-50nm semiconductor device's curing processes: low-k dielectric, shallow-trench isolation, pre-metal dielectric, and polymide.

The agreement calls for Amtech and DSG to enter into a separate sales and service agreement granting Amtech exclusive rights for all of Europe and its existing customers worldwide.

'We are very excited about our manufacturing partnership with DSG Technologies which is to serve leading edge semiconductor processing demands for existing and future leaders in the semiconductor industry,' said J.S. Whang, President and Chief Executive Officer of Amtech.

'Amtech has a proven product with their small batch vertical furnace and a demonstrated track record in the thermal processing and thin-film deposition markets,' said Jeff Kowalski, President and CEO of DSG Technologies, who served as the President of both ASML and Silicon Valley Group (SVG) thermal businesses. 'Amtech perfectly qualifies for our unique business model and we are very pleased to have them as our partner.'

The manufacturing agreement has an initial term of five years and provides for automatic one year renewals.
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