Investorideas.com | big ideas for the small cap investor- One of the first online investor resources providing research tools for renewable energy, water and Homeland Security Investing Search www.investorideas.com
   Membership       Stock Alerts       Featured Stocks       Newsletter       Research       News       Green Investor       Stock Directories       Funding       Services     




Solar Stocks; Amtech (NASDAQ:ASYS) Announces $37 Million in New Solar Orders

Fiscal 2010 YTD Solar Orders Reach a Record $157 Million

Category: Investment, Solar, Renewable Energy

Share this news:
AddThis Social Bookmark Button

Subscribe to Investor Ideas NewswireSubscribe to Investor Ideas Newswire

 

Visit this company: www.amtechsystems.com

TEMPE, Ariz. - September 2, 2010 (Investorideas.com renewable energy/green newswire) - Amtech Systems, Inc. (NASDAQ:ASYS), a global supplier of production and automation systems and related supplies for the manufacture of solar cells, semiconductors, and silicon wafers, today announced that its solar subsidiary, Tempress Systems, Inc., has received approximately $37 million in new solar orders for its diffusion processing systems from several new and existing customers in Asia. Including these most recent orders, Amtech's total solar orders to-date in fiscal 2010 has reached approximately $157 million. Amtech's fiscal 2010 began October 1, 2009.

Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner

J.S. Whang, Chief Executive Officer of Amtech, commented, "These latest orders further demonstrate the quality and depth of our expanding solar customer base, and our ability to provide excellent product and service to the industry. We believe the intense effort by our customers and the solar industry to increase cell efficiency will continue to drive demand for our superior diffusion technology. We continue to see excellent quotation activity and remain focused on continued successful execution of our solar growth strategy."

About Amtech Systems, Inc.

Amtech Systems, Inc. manufactures capital equipment, including silicon wafer handling automation, thermal processing equipment and related consumables used in fabricating solar cells and semiconductor devices. Semiconductors, or semiconductor chips, are fabricated on silicon wafer substrates, sliced from ingots, and are part of the circuitry, or electronic components, of many products including solar cells, computers, telecommunications devices, automotive products, consumer goods, and industrial automation and control systems. The Company's wafer handling, thermal processing and consumable products currently address the diffusion, oxidation, deposition, PECVD, and PSG removal steps used in the fabrication of solar cells, semiconductors, MEMS and the polishing of newly sliced silicon wafers.

Statements contained in this press release that are not historical facts may be forward looking statements within the meaning of the Private Litigation Reform Act. Such statements may use words such as "proposed," "anticipate," "believe," "estimate," "expect," "intend," "predict," "project" and similar expressions as they relate to Amtech Systems, Inc. or our management. When we make forward-looking statements, we are basing them on our management's beliefs and assumptions, using information currently available to us. Although we believe that the expectations reflected in the forward looking statements are reasonable, these forward-looking statements are subject to risks, uncertainties and assumptions including the risks discussed in our filings with the Securities and Exchange Commission. If one or more of these risks materialize, or if our underlying assumptions prove to be incorrect, actual results may vary materially from what we projected. Any forward looking statements contained in this press release reflect our current views with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We have no intention, and disclaim any obligation, to update or revise any forward-looking statements, whether as a result of new information, future results or otherwise.

Contacts

Amtech Systems, Inc.
Bradley C. Anderson, 480-967-5146
Chief Financial Officer

or

MKR Group, Inc.
Investor Relations
Todd Kehrli or Jim Byers, 323-468-2300
asys@mkr-group.com

More Info:

This news is published on the Investorideas.com Newswire and its syndicated partner network

Publish Your News - Send a release
News now!

Get Investorideas.com investor news and stock alerts
Free Sign Up: http://www.investorideas.com/Resources/Newsletter.asp

Disclaimer: The following news is paid for and /or published as information only for our readers.

Investorideas.com is a third party publisher of news and research. Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. If you have any questions regarding information in this press release please contact the company listed in the press release.

Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp

Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp

BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894


Investor Ideas Newswire; publish press releases and stock news

Become an Investor Ideas Member - Research Thousands of Stocks

Sign Up for Investing Ideas & Stock Alerts

Email:

www.Investorideas.com

Get Stock Alerts




TOP

Investor Ideas © 2000 - 2012 InvestorIdeas.com®, ECON

Free Investor Stock Alerts
Sign up here

login | logout | about us | contact | disclaimer / disclosure |
advertise | company profile directory | partners / links |
job search | privacy policy | trade | videos | sitemap |