Friday, Amtech Systems Inc. (ASYS) announced that its solar subsidiary, Tempress Systems, Inc., has recently received around $10 million in solar orders for its diffusion processing systems representing follow-on orders from two existing customers and orders for single R&D systems from two new customers. These orders are expected to ship within the first half of calendar 2010.
In addition, Tempress also recently secured a separate larger order for its solar diffusion systems from one existing customer, but is not able at this time to announce details of the order, including size and customer name, due to confidentiality restrictions. The $10 million in orders,do not include the larger order from one customer.
Whang, President and Chief Executive Officer of Amtech, stated, "We are pleased to receive follow-on orders from our excellent solar customer base along with new customer orders that expand our reach into research and development activities with our market-leading solar diffusion systems. In regards to the additional larger order, we are honoring the confidentiality request of our customer and will be able to provide further details of the transaction in due time. In the meantime, we continue to see excellent quotation activity and remain confident in our ability to execute our solar growth strategy."
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