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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (39852)	8/11/2008 12:10:11 PM
From: Donald Wennerstrom	Read Replies (1) \| Respond to of 95640

Applied Materials awarded multi-year solar service contract from Green Energy Technology 7:30 AM ET 8/11/08 \| Briefing.com Co announced that it has signed a five-year service contract with Green Energy Technology of Taiwan to support GET's Applied SunFab Thin Film Line for solar module manufacturing. Through its SunFab Performance Service program, the most comprehensive service offering in the solar industry, Applied will reduce operating costs while enabling a quick ramp to volume production. AMAT's SunFab Performance Service program has already reached strong momentum at leading solar photovoltaic manufacturers in Europe and Asia, exceeding $100 mln in contracts for both single and tandem junction thin film PV applications. Under the agreement, AMAT will service GET's Applied SunFab Thin Film Line using an unmatched range of engineering, logistics and automation software technologies. In addition to preventive and corrective maintenance, spare parts management and analytical services, AMAT and GET will work together to develop continuous improvement programs and total factory optimization to enable low operating costs and on going productivity gains. <<The "market" apparently doesn't like this announcement. At the moment, AMAT is trading at the bottom of both the SOX and SMH, down almost 1 percent.>>