Aehr Comments on COVID-19 and Measures to Operate at Near Full Capacity as Global Supplier to Critical Infrastructure Customers

Fremont, CA (March 27, 2020) – Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today issued the following letter from President and CEO Gayn Erickson regarding the ongoing COVID-19 pandemic:

Letter to our Employees, Customers, Shareholders, and Vendors:

With the rapidly evolving COVID-19 pandemic impacting all of us, our foremost concern is to ensure the health and safety of our employees, their families, and our worldwide community. On March 19, 2020, the Executive Department of the State of California issued Executive Order N-33-20 ordering individuals in the State of California to stay at home or at their place of residence except as needed to maintain continuity of operations of the federal Critical Infrastructure sectors. As a global supplier to Critical Infrastructure as outlined at https://www.cisa.gov/identifying-critical-infrastructure-during-covid-19, we are taking extraordinary measures to safely operate near full capacity in manufacturing and across the company so that we can support the vital needs of these Critical Infrastructure customers while fully complying with the local and state mandated “Shelter in Place” directives. 

Through direct and indirect representatives, Aehr also has engineers and infrastructure around the world to support our customers and meet our contracts, response times, and critical parts lead times for their installed base of Aehr Test systems, WaferPaks™, DiePaks™, and accessories.

Wherever possible, Aehr employees continue to work from their residences using the best possible remote communication and collaboration tools, as well as securely accessing remote operation of tools at our facilities and our customers’ sites. While working remotely, our R&D and Applications teams are still highly effective at collaborative design and review of our ongoing product enhancement programs and customer applications and WaferPak or DiePak designs to meet critical releases and customer product roadmaps. 

Where necessary to meet the critical shipment and support needs of our Critical Infrastructure customers, including onsite work at our facilities or customer locations, Aehr intends to meet the strictest interpretations of social distancing.

All of our customers, employees, shareholders, and vendors are extremely important to us and we are doing everything we can to support the safety and well-being of our community as well as the needs of our Critical Infrastructure customers. At this time, we expect and believe that Aehr and our customers will weather this storm and be glad we took these precautionary measures during this unprecedented time

Regards,

Gayn

Gayn Erickson
President & CEO

About Aehr Test Systems
Headquartered in Fremont, California, Aehr Test Systems is a worldwide provider of test systems for burning-in and testing logic, optical and memory integrated circuits and has installed over 2,500 systems worldwide. Increased quality and reliability needs of the Automotive and Mobility integrated circuit markets are driving additional test requirements, incremental capacity needs, and new opportunities for Aehr Test products in package, wafer level, and singulated die/module level test. Aehr Test has developed and introduced several innovative products, including the ABTSTM and FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX-XP WaferPak Contactor, FOX DiePak® Carrier and FOX DiePak Loader. The ABTS system is used in production and qualification testing of packaged parts for both lower power and higher power logic devices as well as all common types of memory devices. The FOX-XP and FOX-NP systems are full wafer contact and singulated die/module test and burn-in systems used for burn-in and functional test of complex devices, such as leading-edge memories, digital signal processors, microprocessors, microcontrollers, systems-on-a-chip, and integrated optical devices. The FOX-CP system is a new low-cost single-wafer compact test and reliability verification solution for logic, memory and photonic devices and the newest addition to the FOX-P product family. The WaferPak contactor contains a unique full wafer probe card capable of testing wafers up to 300mm that enables IC manufacturers to perform test and burn-in of full wafers on Aehr Test FOX systems. The DiePak Carrier is a reusable, temporary package that enables IC manufacturers to perform cost-effective final test and burn-in of both bare die and modules. For more information, please visit Aehr Test Systems’ website at www.aehr.com.

Safe Harbor Statement
This press release contains certain forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties. These statements are based on information available to Aehr as of the date hereof and actual results could differ materially from those stated or implied due to risks and uncertainties. Forward-looking statements include statements regarding Aehr’s expectations, beliefs, intentions or strategies regarding its products, including statements regarding future market opportunities and conditions, expected product shipment dates and customer orders or commitments. These risks and uncertainties include, without limitation, customer demand and acceptance of Aehr’s products, the ability of new products to meet customer needs or perform as described, as well as general market conditions and Aehr’s ability to execute on its business strategy. See Aehr’s recent 10-K, 10-Q and other reports from time to time filed with the Securities and Exchange Commission for a more detailed description of the risks facing Aehr’s business. Aehr disclaims any obligation to update information contained in any forward-looking statement to reflect events or circumstances occurring after the date of this press release.

Contacts:
Aehr Test Systems
Ken Spink
Chief Financial Officer
(510) 623-9400 x309
MKR Investor Relations Inc.
Todd Kehrli or Jim Byers
Analyst/Investor Contact
(323) 468-2300
aehr@mkr-group.com