from Leading Semiconductor Company
NORTH BILLERICA, Mass.—BTU International, a leading supplier of advanced thermal processing equipment for the alternative energy and electronics manufacturing markets, today announced the receipt of the largest single Pyramax order in company history from a leading semiconductor assembly and test subcontractor (SATS).
The multiple machine order, valued at nearly three million dollars, will be used to upgrade the customer’s existing installed base of advanced semiconductor packaging equipment. The machines are expected to ship in 2008, starting in the second quarter.
“We are pleased to receive this large follow-on order from a leading SATS customer,” said Paul J. van der Wansem, BTU International chairman and CEO. “The customer chose the Pyramax not only for its high performance—which makes it a perfect fit for advanced packaging—but for its industry leading Cost of Ownership advantage. The SATS market segment is forecasted to be one of the fastest growing areas in electronics assembly, and we expect to grow our market share in this key area.”
With 8 and 10-zone air or nitrogen models, 350 degrees Celsius maximum temperature, flexible platform configuration, low nitrogen and power consumption, and a comprehensive menu of options, the Pyramax provides optimized lead-free processing, maximizing productivity and efficiency. The Pyramax utilizes BTU's exclusive Closed Loop Convection Control to provide precise control of heating/cooling and the constant heat transfer that delivers maximum process control flexibility, assuring process repeatability from site to site and line to line. The system delivers proven features like side-to-side recirculation that enhances temperature uniformity, and unmatched convection efficiency that reduces zone temperature set points.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995
This news release contains express or implied forward-looking statements regarding, among other things, (i) the company’s expectation to successfully deliver and install the equipment at the customer site, and (ii) the company’s expectation for business in the Electronics Manufacturing and Alternative Energy markets. Such statements are neither promises nor guarantees but rather are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such statements are made pursuant to the “safe harbor” provisions established by the federal securities laws, and are based on the assumptions and expectations of the company’s management at the time such statements are made. Important factors that could cause actual results to differ include the timely availability and acceptance of new products, general market conditions governing supply and demand, the impact of competitive products and pricing and other risks detailed in the company’s filings with the Securities and Exchange Commission, including but not limited to the company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2007. Actual results may vary materially. Accordingly, you should not place undue reliance on any forward-looking statements. All information set forth in this press release is as of March 11, 2008, and, unless otherwise required by law, the company disclaims any obligation to revise or update this information in order to reflect future events or developments.