Tempe, Arizona [RenewableEnergyAccess.com] Amtech Systems, Inc. entered into an agreement to sell 2,625,000 shares of its common stock in an underwritten public offering. Net proceeds to Amtech from the sale of its common stock will be approximately $16.5 million, or $19.3 million if the full over-allotment option is exercised by the underwriters. Amtech intends to use the net proceeds from this offering for working capital and other general corporate purposes, including for possible future product or business acquisitions in connection with the planned expansion of its solar and semiconductor businesses. The offering is expected to close on February 6, 2007.
