Boston, MA 10/02/2014 (wallstreetpr) – According to reports, PECVD production tools of Tempress Systems have successfully received the second field acceptance as part of 100MW cell line of Mission Solar Energy in San Antonio, Texas. PECVD are used for implementing high efficiency, next generation n-type of modern cell technology. Tempress Systems is the wholly owned solar subsidiary of Amtech Systems, Inc. (NASDAQ:ASYS). It is one of the leading suppliers of automation, production and other related systems for different manufacturers of semiconductors, solar cells, silicon and sapphire wafers.
Management Call:
Mr. Fokko Pentinga, Chief Executive Officer of Amtech Systems, Inc. (NASDAQ:ASYS) told reporters that various innovative and next generation solutions provided by ASYS had been clearly making life of its customers easy by adding value to it. He was very delighted to receive the second for ASYS’ world-class PECVD project. As per the reports, PECVD is one of the most important products developed by the company during the solar down cycle in order to support the solar growth opportunity during the next solar energy recovery cycle. It has facilitated ASYS with an eye-steering opportunity to increase the size of served market by at least 100%. The main objective of the company is to introduce various next generation technologies, tools and solutions which can enhance the production capability of its customers. Solar energy is likely to become the most used fuel in future; therefore, ASYS also focuses on outperforming the market and increase its customer base. It doesn’t only want to increase domestic customer base, but also the international customer base as well.
Amtech Systems, Inc. (NASDAQ:ASYS) has a large customer base in the field of capital equipments like thermal processing, wafer handling automation and ion implant equipments and various other related consumables solar cells. On the basis of current market growth, it expects that next five years will be crucial for company with respect to competition, brand recognition and long term growth.
