Published: July 05, 2011
GT Solar Receives $81.7 Million in New Orders for Polysilicon Production Equipment and Technology
MERRIMACK, N.H. - (BUSINESS WIRE) - GT Solar International, Inc. (NASDAQ: SOLR), a global provider of
polysilicon production technology, and sapphire and silicon crystalline
growth systems and materials for the solar, LED and other specialty
markets, today announced that it has received orders from two new
customers in Asia for polysilicon production equipment totaling $81.7 million.
The recent orders include GT's hydrochlorination equipment used for the
production of TCS as well as other polysilicon production equipment. The
orders will be included in GT Solar's backlog for its first quarter of
FY12, which ended on July 2, 2011.
"We are pleased to add two new customers to our growing family of
polysilicon producers," said Dave Keck, vice president and general
manager of GT Solar's polysilicon technology business unit. "As
polysilicon prices continue to fall, producers must operate their plants
at the highest levels of productivity and efficiency to remain
profitable. Our polysilicon production equipment and technology enables
customers to produce high purity silicon at one of the lowest costs in
the industry."
GT's polysilicon production equipment includes the industry's most
productive and energy efficient CVD reactors and a full range of
technology including hydrochlorination, filament and product processing
equipment to provide a complete, low-cost end-to-end production solution.
About GT Solar International, Inc.
GT Solar International, Inc. is a global provider of polysilicon
production technology, and sapphire and silicon crystalline growth
systems and materials for the solar, LED and other specialty markets.
The company's products and services allow its customers to optimize
their manufacturing environments and lower their cost of ownership. GT
Solar will be changing its name to GT Advanced Technologies as it
establishes a new global brand. The new name reflects the broader range
of markets and technologies the company now addresses since its
acquisition of Crystal Systems in July of 2010. The transition to GT
Advanced Technologies is expected to be completed in August 2011. For
additional information about GT Solar, please visit www.gtsolar.com.
Forward-Looking Statements
Some of the statements in this press release are forward-looking in
nature, including statements regarding expected revenue from customer
contracts. These statements are based on management's current
expectations or beliefs. 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 possibility that the Company
is unable to recognize revenue on customer contracts, that technological
changes could render existing 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 Solar International, Inc.'s filings with the Securities and Exchange
Commission, including the statements under the heading "Risk Factors" in
the Company's annual report on Form 10-K for fiscal 2011 filed on
May 26, 2011. GT Solar International, Inc. is under no obligation to,
and expressly disclaims any such obligation to, update or alter its
forward-looking statements, whether as a result of new information,
future events, or otherwise.

Media
GT Solar
Jeff Nestel-Patt, 603-204-2883
jeff.nestelpatt@gtsolar.com
or
Investors/Analysts
GT
Solar
Ryan Blair, 603-681-3869
ryan.blair@gtsolar.com
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