The first award � the Advanced Packaging Award � recognized the PYRAMAX 100 reflow system as the top product in the reflow equipment category. The second award � the Attendee's Choice � was for innovation and was voted on by attendees at the exhibition. The winner in this category was the PYRAMAX 75, which was introduced to the semiconductor packaging industry at the SEMICON West show.
�We are very proud of these awards,� said Paul van der Wansem, BTU chairman and CEO. �These awards clearly reinforce our continued commitment to bringing innovative products to the electronics market.�
�Our customers in the electronics industry require products which provide the highest level of thermal performance, uniformity, yield and, most importantly, the lowest cost of ownership,� said van der Wansem. �The PYRAMAX 75 is the latest of a number of new products based on the PYRAMAX platform and we expect to launch yet another new product for the PC Assembly market at the Nepcon Shenzhen trade show in China this August.�
Now in its eighth year, the Advanced Packaging Awards program is an annual celebration of product excellence in semiconductor packaging. Premier products based on the finest examples of creative advancement in technology in 21 key areas are chosen by a distinguished panel of industry experts.
Sponsored by Solid State Technology magazine, in cooperation with Advanced Packaging magazine, the Attendee's Choice Awards is now in its sixth year. SEMICON West attendees vote on products seen on the trade show floor. There are two separate competitions: one for �Wafer Processing� products and one for �Final Manufacturing� products.
About BTU International
BTU International is a market-leading, global supplier of advanced thermal processing equipment to the native energy and electronics manufacturing markets. BTU equipment is used in solar cell, nuclear fuel and fuel cell manufacturing as well as in the production of printed circuit board assemblies and semiconductor packaging. BTU has operations in North Billerica, MA and Shanghai, China with direct sales and service in the USA, Asia and Europe. Information about BTU International is available at http://www.btu.com.
�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, the company's expectation for business in the Electronics Manufacturing and native 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 March 30, 2008. Actual results may vary materially. Accordingly, you should not place undue reliance on any forward-looking statements. All information forth in this press release is as of July 21, 2008, and, unless otherwise required by law, the company disclaims any obligation to revise or this information in order to reflect future events or developments.