Aetrium Receives Over $6 Million In Gravity Feed Test Handler Orders
"We believe these orders reflect the general improvement in industry conditions that we anticipated would take place in the last half of 2005," said Joseph C. Levesque, president and chief executive officer, "but they also reflect success for the strategies that we put in place during the most recent downturn to take best advantage of an industry upturn. Our 55V series of gravity feed test handlers is designed specifically for the newest and fastest growing package types, and nearly all of the equipment on these orders is for these new package types. A point of note is that each of these orders includes multiple units of our newest handler, the 55V8 quad site test handler, and clearly indicates our success in expanding our share of the multiple test site gravity feed test handler market. Finally, these orders include multiple unit orders from two separate southeast Asia facilities of one of our newest gravity feed test handler customers, and reflect our continued success in displacing a long term competitor at this large U.S. headquartered IDM."
The units on these orders are scheduled for delivery during the remainder of this quarter and during the first quarter of 2006.
SOURCE: Aetrium Incorporated