"GT is excited to offer our latest full suite of polysilicon equipment and technology to the Cosmos Chemicals Berhad polysilicon project," said
The new polysilicon facility, once operational, will incorporate GT's high volume hydrochlorination solution which can produce enough TCS to support over 10,000 MTA of polysilicon production from a single hydrochlorination fluid bed reactor in conjunction with GT's latest TCS Siemens CVD reactors. This combination minimizes the capital equipment expenditure of the facility and lowers operating costs by reducing energy consumption of the polysilicon facility.
Certain of the information in this press release relates to the Company's future expectations, plans, sales, products, product delivery and prospects for its business and industry that constitute "forward-looking statements" for the purposes of the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to: the Company will supply its complete suite of polysilicon production equipment and technology including hydrochlorination, SDR™ CVD reactors, filament production, and polysilicon processing to its customer; the Company's proven polysilicon technology gives customers the ability to quickly achieve nameplate production capacity for high quality, low-cost polysilicon; the customer's new polysilicon facility will incorporate the Company's high volume hydrochlorination solution which can produce enough TCS to support over 10,000
MTA of polysilicon production from a single hydrochlorination fluid bed reactor in conjunction with the Company's latest TCS Siemens CVD reactors (and this combination minimizes the capital equipment expenditure of the facility and lowers operating costs by reducing energy consumption of the polysilicon facility); the customer and company will comply with the contract terms necessary for delivery of the products; the Company plans to successfully deliver the complete suite of polysilicon production equipment; and the Company's ability to deliver a high volume hydrochlorination solution. These forward-looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside the Company's control, which could cause actual events to differ materially from those expressed or implied by the statements. Factors that may
cause actual events to differ materially from those expressed or implied by our forward-looking statements include: the Company and the customer performing (and being able to perform) their obligations under the contract; the Company's ability to complete development of and commercialize any new products; the impact of continued decreased demand and/or excess capacity in the markets for the output of the Company's equipment; general economic conditions and the tightening credit markets having an adverse impact on demand for the Company's products; limited sales of PV and other equipment products; the possibility that changes in government incentives may reduce demand for polysilicon and solar products, which would, in turn, reduce demand for our equipment; technological changes could render existing or proposed products or technologies obsolete; the Company may be unable to protect its
intellectual property rights; competition from other manufacturers may increase; exchange rate fluctuations and conditions in the credit markets and economy may reduce demand for the Company's products and various other risks as outlined in
GT Advanced Technologies Jeff Nestel-Pattjeff.firstname.lastname@example.org 603-204-2883 Investors/Analysts GT Advanced Technologies Ryan Flaimryan.email@example.com 603-681-3869
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