ATLANTA, GA--(Marketwire - Jul 21, 2011) - Refurbished equipment supplier ClassOne Equipment reported 135 percent revenue growth in 2010 over 2009, which is nearly double the 77 percent segment growth rate recently reported by Semico Research. ClassOne is experiencing a similarly strong sales trend in 2011 and anticipates the growth will continue based on repeat business from satisfied customers, an increasing rate of new referral business and favorable forecasts from analysts tracking the refurbished equipment market. To support its growth, ClassOne has increased headcount by more than 200 percent since 2009.
"Secondary equipment and enhanced services are growing and important markets for SEMI members and end-market manufacturers," commented Dr. Dan Tracy, Senior Director Industry Research at SEMI. "Refurbished process systems are critical for several segments of the semiconductor industry such as analog, discrete, MEMS and other emerging technologies."
ClassOne Equipment has sold over 1,500 pieces of semiconductor manufacturing equipment to more than 500 customers around the world. The company focuses on providing refurbished mask aligners and bonders, wet processing equipment, plasma etchers and metrology equipment from top manufacturers such as SUSS MicroTec, EVG, STS, Semitool, KLA-Tencor and Hitachi. ClassOne is known for its stringent refurbishment process that ensures each piece of equipment meets published specifications and is backed by a warranty and 30-day right of return.
"Companies who may have once shied away from buying refurbished equipment are discovering they can get a lot more for less money," said Byron Exarcos, founder of ClassOne Equipment. "While a considerable amount of our growth has come from repeat business, we've also acquired new business from larger companies that previously showed little interest in refurbished equipment. In this economy, companies are realizing the value we offer by providing high quality, reliable tools at less than half the cost they are used to paying."
"I am excited about the continued acceptance of the product and service ClassOne offers our customers," added Exarcos. "Our growth is a testament to the dedication and hard work our team has put forth to establish ClassOne as a company our customers can trust to deliver a high quality product at a price they can more easily afford."
About ClassOne Equipment
ClassOne Equipment, headquartered in Atlanta, GA, is a leading supplier of high-quality refurbished equipment to the semiconductor manufacturing, MEMS and emerging technologies markets. The company carries an extensive inventory of refurbished wafer fabrication and metrology equipment from top manufacturers such as SUSS MicroTec, EVG, Semitool and KLA-Tencor™ at prices up to 65 percent less than the cost of a new tool. By offering customers a turn-key solution that includes full refurbishment to original specifications, a complete support cycle from installation to after sales service by experienced technicians and an industry-leading 6-month warranty and 30-day right of return policy, ClassOne has established an excellent reputation with leading research institutes and universities, MEMS start-up companies and fabs in full production around the world. For more information, please visit us at www.ClassOneEquipment.com.