Axcelis Technologies Inc. announced significant penetrations for its Optima HDx high current implanter from two chip manufacturers. The Optima HDx was selected because of its unique ability to improve device performance and yield in advanced transistor fabrication while ensuring the lowest cost of ownership and the highest productivity. The company has leveraged its expertise in beamline technology to meet the demands of next generation device fabrication. The Optima HDx architecture provides a simple solution to minimize this problem that competing ribbon-beam technologies cannot replicate. Its unique solution combines maximum dose rates, inherently found in its spot beam technology, with proprietary wafer temperature control during implantation. This process, known as 'cold implant' reduces leakage and enhances the performance of the device. The Optima HDx delivers this performance with a simple, low cost and highly reliable design, providing a significant advantage over more complex and costly competing designs.

Axcelis Technologies Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2010. For the quarter, the company has reported revenue of $58,203,000 compared to $33,550,000 for the same period a year ago. Loss from operations was $3,679,000 compared to the $20,796,000 for the same quarter year ago. Loss before income taxes was $3,312,000 compared to $22,077,000 for the same period a year ago. Net loss was $4,529,000 or basic and diluted LPS of $0.04 compared to the net loss of $22,379,000 or basic and diluted LPS of $0.22 for the same period a year ago. For the six months, the company has reported revenue of $106,703,000 compared to $59,278,000 for the same period a year ago. Loss from operations was $14,109,000 compared to the $45,857,000 for the same quarter year ago. Loss before income taxes was $14,120,000 compared to $51,114,000 for the same period a year ago. Net loss was $15,630,000 or basic and diluted LPS of $0.15 compared to net loss of $51,534,000 or basic and diluted LPS of $0.50 for the same period a year ago. Net cash provided by operating activities was $2,193,000 compared to net cash used in operating activities of $28,672,000 for the same period a year ago. Expenditures for property, plant, and equipment was $480,000 compared to $354,000 for the same period a year ago.

Axcelis Technologies Inc. announced a multiple system, follow-on order for Optima HDx(TM) high current implanters from one of the world's largest semiconductor manufacturers in Asia. The customer will use the systems in high volume production to meet rising demand for its advanced devices. The Optima HDx is gaining acceptance as the tool of choice by customers that demand benchmark productivity and capital efficiency as well as highly differentiated, enabling process technology.