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Technology Stocks : Asyst Technologies (ASYT) Good Value/Where is the Bottom?

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From: FJB8/17/2007 9:00:15 PM
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Order Win: Asyst awarded first volume production order for new conveyor system Print
News: Cleanroom Thursday, 16 August 2007
A large Japanese memory manufacturer has given Asyst Technologies its first volume production order for its ‘Velocity' HTC (High-Throughput Conveyor) automation system. Previously, the company had only undertaken trials in fabs in Singapore and Texas. The Velocity HTC system will be used in a new ‘Mega Fab' facility and also used to connect two 300mm fabs for greater manufacturing flexibility.

"One of the keys to the success of Velocity is our ability to seamlessly integrate its very high performance with our other production-proven vehicle-based AMHS, and thus provide to the customer a total automation system that is capable of both high volume and high reliability," said Paula LuPriore, Senior Vice President and co-leader of ASG. "We believe that this production- and volume-ready capability is a critical component of the agile fab of the future."

fabtech.org
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