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Advanced Micro-Fabrication Equipment Inc. Names Andrew Chen as Vice President and Chief Financial Officer



Advanced Micro-Fabrication Equipment Inc. Names Andrew Chen as Vice President
                         and Chief Financial Officer

PR Newswire

SHANGHAI and SAN FRANCISCO, Oct. 31, 2012

SHANGHAI and SAN FRANCISCO, Oct. 31, 2012 /PRNewswire/ -- Advanced
Micro-Fabrication Equipment Inc. (AMEC) today appointed Andrew Chen as Vice
President and Chief Financial Officer (CFO).  An accomplished international
finance and accounting executive, Chen has extensive operational experience as
a CFO with diverse multinational corporations.  At AMEC, he'll drive
budgeting, treasury, risk-management, internal audits, compliance and investor
relations.  He reports to the Chief Executive Officer (CEO).

Chen joins AMEC from Nasdaq-listed Canadian Solar, Inc., one of the world's
largest solar companies.  He served as CFO.  This followed tenures at other
marquee corporations where he steadily broadened his finance
responsibilities.  At Coca-Cola Co., he was an International Financial Analyst
before moving to Honeywell International as a Corporate Auditor.  Later, he
assumed the role of Financial Controller at Honeywell's China engines
operation.  In China, he held CFO positions at Nepstar Drug Stores, Inc. and
Sheng Da Technology, Inc., as well as YRC Worldwide China Operations.  He
began his career at PriceWaterhouseCoopers.

"Andrew is an excellent choice to lead AMEC's finance function," said CEO
Gerald Yin. "He's a skilled business strategist with a record of implementing
risk-management and budgeting protocols that improved internal controls and
reinforced transparency in complex finance organizations. His global financial
fluency will be an important asset as we continue to grow.  We're pleased he's
joining the team."

"AMEC presents an exciting career opportunity for me," said Chen. "It has the
essentials needed to execute on its global vision: Advanced technology,
healthy customer traction, high-growth market opportunities, a distinguished
team and a smart business strategy.  I'm looking forward to strengthening the
finance organization as the company continues to internationalize its
operations."

Yin added, "Andrew joins AMEC at a time of growth.  We're broadening our
product portfolio and extending our reach into new markets.  Just last week we
boosted our family of advanced etch products by adding two new tools.  This
momentum continues to attract the high-caliber technologists and engineers, as
well as operations and sales experts that we're fortunate to have on our
team."

Chen earned Master's degrees in Accountancy and Business Administration from
the University of Alabama and a Bachelor of Arts degree from Xiamen
University, China. He is a Certified Public Accountant in the US.

About Advanced Micro-Fabrication Equipment Inc. (AMEC)

AMEC provides advanced micro-fabrication equipment to global semiconductor
manufacturers and leading companies in adjacent high-tech sectors like
solid-state lighting.  Customers use our Etch technology to build the complex
devices that power today's electronics and other products.  Our advanced
systems deliver the optimum combination of technology innovations and
productivity for the 65/45/40/28/26nm process nodes and beyond.  We're
Asia-based with headquarters in China.  We also maintain R&D, manufacturing,
business and support operations in Japan, Korea, Singapore and Taiwan.  To
learn more, please visit www.amec-inc.com.

Media Contact

Jane Evans-Ryan
Genuity PR for AMEC
Tel: +1-408-489-6391
Email: jane@genuitypr.com 

SOURCE Advanced Micro-Fabrication Equipment Corp.

Website: http://www.amec-inc.com
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