Corporate | 2 March 2006 10:01
Aixtron AG: AIXTRON Receives Multiple Order From New LED Giant
Corporate-news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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AIXTRON Receives Multiple Order From New LED Giant
Epistar becomes first customer for the world’s largest Planetary Reactor
system in Taiwan
Aachen, Germany – 2nd March, 2006 – An encouraging start into the year 2006
is Epistar’s purchase of five gallium nitride (GaN) epitaxy reactors: The
brand new AIX 2800G4 Planetary Reactor with 42×2′ capacity and four units
of the AIX 2600G3 Planetary Reactor with 24×2′ capacity. Revenues
generated from this order are expected to be recorded fully in 2006.
Following a recent merger with UEC, Epistar has become one of the world’s
largest single LED epi-based manufacturers. The company is a leading
manufacturer of Ultra-High-Brightness LEDs for applications such as
cellular phones, automotive lighting, full color screens and displays,
traffic signals and indicators for electronic equipment. Epistar’s high
speed LEDs are also used as lighting sources in the fiber-optics industry.
The new AIX 2800G4 system is AIXTRON’s latest development and its Planetary
Reactor, with the largest capacity (42×2”) commercially available,
offering more than double the capacity of any competing model. The reactor
was developed in-house in response to customer demand for even larger
single-run capabilities for the cost-effective production of UHB LEDs. The
reactor design is based on AIXTRON’s ‘integrated concept’ (IC) including a
redesign of most of the components of the reactor system as well as the
reactor cell itself. Key features include a compact footprint, improved
maintenance, easier operation and handling, improved reliability and
reproducibility compared with previous reactors.
The AIX 2600G3 HT MOCVD (metal-organic chemical vapour deposition) epitaxy
reactor family represents the most successful high temperature system for
GaN-based materials available worldwide. The two-flow horizontal Planetary
Reactor is recognized as the most widely used multiwafer MOCVD reactor for
compound semiconductor applications. Its unique proprietary reactor concept
allows laminar gas flow without turbulence for precise control of the
material composition and achievement of ultra-sharp interfaces. Ultra-high
uniformity along with high growth efficiency on multiple 2′ or 4′ wafers is
achieved through wafer rotation with AIXTRON’s patented Gas Foil Rotation.
Company comments
Dr Ming-Jiunn Jou, Senior Vice President of Epistar comments: ‘We are very
satisfied with how quickly our AIXTRON reactors have been qualified and the
comprehensive service and support we receive. The very good production
performance of our existing AIXTRON 24×2′ reactors makes it a
straightforward decision to choose AIXTRON for GaN high volume production.
The additional tools will enable us to ramp-up production capacity in
response to market demand with excellent cost-efficiency. We are
particularly looking forward to being the launch customer for the world’s
largest capacity epitaxy reactor from AIXTRON.’
Dr. Bernd Schulte, AIXTRON’s Executive Vice President, COO adds: ‘We are
very proud that Epistar has chosen AIXTRON equipment to boost its
manufacturing capabilities further. Moreover, we note with particular
satisfaction that a promising market player such as Epistar will be the
first customer for our newly-developed largest ever reactor for blue and
green LED manufacturing. The order confirms that AIXTRON’s technology
provides the performance enhancements customers are seeking in today’s high
brightness LED marketplace. The new developments demonstrate AIXTRON’s
intention to continually improve the cost of ownership and technical
performance of epitaxial growth systems.’
For further information on AIXTRON AG (FSE: AIX, ISIN DE0005066203; NASDAQ:
AIXG,ISIN: US0096061041) please consult our website at: www.aixtron.com.
Forward-Looking Statements
This news release may contain forward-looking statements about the
business, financial condition, results of operations and earnings outlook
of AIXTRON within the meaning of the “safe harbor” provisions of the United
States Private Securities Litigation Reform Act of 1995. Words such as
“may,” “will,” ‘expect,’ ‘anticipate,’ “contemplate,” ‘intend,’ ‘plans,’
‘believe,’ “continue” and ‘estimate,’ and variations of these words and
similar expressions, identify these forward-looking statements. These
statements are not guarantees of future performance, involve certain risks,
uncertainties and assumptions that are difficult to predict, and are based
upon assumptions as to future events that may not prove accurate.
Therefore, actual outcomes and results may differ materially from what is
expressed herein. In any forward-looking statement in which AIXTRON
expresses an expectation or belief as to future results, such expectation
or belief is expressed in good faith and believed to have a reasonable
basis, but there can be no assurance that the statement or expectation or
belief will result or be achieved or accomplished. Actual operating
results may differ materially from such forward-looking statements and are
subject to certain risks, including risks arising from: actual customer
orders received by AIXTRON; the extent to which chemical vapor deposition,
or CVD, technology is demanded by the market place; the timing of final
acceptance of products by customers; the financial climate and
accessibility of financing; general conditions in the thin film equipment
market and in the macro-economy; cancellations, rescheduling or delays in
product shipments; manufacturing capacity constraints; lengthy sales and
qualification cycles; difficulties in the production process; changes in
semiconductor industry growth; increased competition; exchange rate
fluctuations; availability of government funding; variability and
availability of interest rates; delays in developing and commercializing
new products; general economic conditions being less favorable than
expected; and other factors. The forward-looking statements contained in
this news release are made as of the date hereof and AIXTRON does not
assume any obligation to (and expressly disclaims any such obligation to)
update the reasons why actual results could differ materially from those
projected in the forward-looking statements. Any reference to the Internet
website of AIXTRON is not an incorporation by reference of such information
in this news release, and you should not interpret such a reference as an
incorporation by reference of such information.
Additional Information
For additional information about factors that could affect our future
financial and operating results, see our filings with the Securities and
Exchange Commission, including the Registration Statement on Form F-4
(Regis.No. 333-122624) filed with the Commission on February 8, 2005 and
available at the Commission’s website at www.sec.gov.
Contact:
Investor Relations and Corporate Communications
AIXTRON AG, Kackertstr. 15–17, 52072 Aachen, Germany
Phone: +49 241 8909 444, Fax: +49 241 8909 445, invest@aixtron.com,
www.aixtron.com
(c)DGAP 02.03.2006
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language: English
emitter: AIXTRON AG
Kackertstr. 15-17
52072 Aachen Deutschland
phone: +49 (0)241 8909-444
fax: +49 (0)241 8909-445
email: invest@aixtron.com
WWW: www.aixtron.com
ISIN: DE0005066203
WKN: 506620
indexes: TecDAX
stockmarkets: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Hannover, Stuttgart, München, Hamburg,
Düsseldorf; Foreign Exchange(s) Nasdaq
End of News DGAP News-Service
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