Amtech Systems Books 20th Wafer Cleaning System for SiC Applications
February 21 2023 - 3:05PM
Business Wire
Amtech Systems, Inc. (NASDAQ: ASYS), a manufacturer of capital
equipment, including thermal processing, wafer polishing, cleaning
and related consumables and services used in fabricating
semiconductor devices, such as silicon carbide (SiC) silicon power,
and electronic assemblies with focus on enabling technologies for
electric vehicles (EV) and clean technology (CleanTech)
applications, announced today the booking of the 20th new OnTrak
double-sided wafer scrubber system sold into SiC manufacturing
applications.
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Entrepix DSS-200 Wafer Cleaning System
(Photo: Business Wire)
This booking came from an existing Entrepix OnTrak customer in
North America and will ship in the second half of fiscal 2023.
Previous SiC related wafer scrubbing system orders came from
several customers in Europe, Asia and North America, with the
largest install base in Europe and North America respectively. The
new OnTrak double-sided scrubber is ideally suited for compound
semiconductor applications with configurations for 100-200mm wafers
and accommodation for even smaller wafers with custom designed
carriers.
“Entrepix was an early mover into the SiC market. Even before
the development of the new OnTrak double-sided wafer scrubber, they
shipped many refurbished wafer cleaning systems into these fabs,”
said Michael Whang, CEO of Amtech Systems. “The booking of the 20th
new OnTrak double-sided scrubber for use in Silicon Carbide
processing shows the strength of Entrepix’s position this important
market segment,” added Whang.
About Amtech Systems, Inc.
Amtech Systems, Inc. is a leading, global manufacturer of
capital equipment, including thermal processing, chemical
mechanical polishing (CMP) technology, wafer cleaning, and related
consumables used in fabricating semiconductor devices, such as
silicon carbide (SiC), silicon power, electronic assemblies and
modules focusing on enabling technologies for electric vehicles
(EV) and clean technology (CleanTech) applications. We sell process
equipment and services to semiconductor device and module
manufacturers worldwide, particularly in Asia, North America and
Europe. Our strategic focus is on semiconductor growth
opportunities in power electronics, sensors and analog devices
leveraging our strength in core competencies in thermal and
substrate processing. Amtech's products are recognized under the
leading brand names BTU International, Entrepix Inc., Bruce
Technologies™, PR Hoffman™ and Intersurface Dynamics, Inc.
Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this press release is
forward-looking in nature. All statements in this press release, or
made by management of Amtech Systems, Inc. and its subsidiaries
("Amtech"), other than statements of historical fact, are hereby
identified as "forward-looking statements" (as such term is defined
in Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, and
the Private Securities Litigation Reform Act of 1995). The
forward-looking statements in this press release relate only to
events or information as of the date on which the statements are
made in this press release. Examples of forward-looking statements
include statements regarding Amtech's future financial results,
operating results, business strategies, projected costs, products
under development, competitive positions, plans and objectives of
Amtech and its management for future operations, efforts to improve
operational efficiencies and effectiveness and profitably grow our
revenue, and enhancements to our technologies and expansion of our
product portfolio. In some cases, forward-looking statements can be
identified by terminology such as "may," "plan," "anticipate,"
"seek," "will," "expect," "intend," "estimate," "believe,"
"continue," "predict," "potential," "project," "should," "would,"
"could", "likely," "future," "target," "forecast," "goal,"
"observe," and "strategy" or the negative of these terms or other
comparable terminology used in this press release or by our
management, which are intended to identify such forward-looking
statements. These statements are not guarantees of future
performance and involve risks, uncertainties and assumptions that
are difficult to predict. The Form 10-K that Amtech filed with the
Securities and Exchange Commission (the "SEC") for the year-ended
September 30, 2022, listed various important factors that could
affect the Company's future operating results and financial
condition and could cause actual results to differ materially from
historical results and expectations based on forward-looking
statements made in this document or elsewhere by Amtech or on its
behalf. These factors can be found under the heading "Risk Factors"
in the Form 10-K and in our subsequently filed Quarterly Reports on
Form 10-Qs, and investors should refer to them. Because it is not
possible to predict or identify all such factors, any such list
cannot be considered a complete set of all potential risks or
uncertainties. Except as required by law, we undertake no
obligation to publicly update forward-looking statements, whether
as a result of new information, future events, or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20230221005751/en/
Amtech Systems, Inc. Lisa D. Gibbs Chief Financial Officer (480)
360-3756 irelations@amtechsystems.com
Sapphire Investor Relations, LLC Erica Mannion and Mike Funari
(617) 542-6180 irelations@amtechsystems.com
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