Boston, MA 05/21/2013 (wallstreetpr) – The share prices of worldwide supplier of semiconductor test and burn in equipment, Aehr Test Systems (NASDAQ:AEHR) decreased by 2.27% and currently trading at $1.29. The shares range between 1.27 to 1.29 per share. The Aehr Test Systems (NASDAQ:AEHR) share opened at $1.28.
Follow on orders
Aehr Test Systems (NASDAQ:AEHR) recently announced that the company had received follow on orders for multiple FOX-1 Parallel Test Systems and WaferPak contactors. These follow on orders amount to $4 million over which Aehr Test Systems (NASDAQ:AEHR) would receive 30 percent as down payment to lock up deliveries and volume pricing agreement.
The follow on orders ascertain the ability of the products of Aehr Test Systems (NASDAQ:AEHR) to effectively provide for ongoing cost and through put benefits to the customer. The semiconductor company’s FOX family of products is mainly focused on high level of reliability of the test results and provision for long duration for full wafer burn in tests.
The recent FOX systems, which uses Aeht Test WaferPak contactors, has the ability to allow parallel testing of thousands of die on a single wafer through just a simple touchdown feature. The team at Aehr Test Systems (NASDAQ:AEHR) ascertains that the receipt of follow on orders for the new FOX systems of the company proves the confidence the customers have towards its products. The FOX systems allow testing of variety of products such as automotive ICs, memories and devices with embedded memories, including microcontrollers and smart card devices.
