BNET Industries

Market Cap:$11.9M
Last Fiscal Year Sales:$39.0M
  • Public
  • US
Dow Jones Description

Aehr Test develops, manufactures and sells systems which are designed to reduce the cost of testing flash, dynamic random access memory ("DRAM"), and other memory devices, and to perform reliability screening or burn-in of complex logic and memory devices. These systems can be used to simultaneously perform parallel testing and burn-in of packaged integrated circuits ("ICs"), singulated bare die, or ICs still in wafer form. Leveraging its expertise as a long-time leading provider of burn-in equipment, with over 2,500 systems installed worldwide, the Company has developed and introduced several innovative product families, including the FOXTM, ABTSTM, MTX and MAX systems, and the DiePakR carrier. The FOX system is a full wafer contact parallel test and burn-in system designed to make contact with all pads of a wafer simultaneously, thus enabling full wafer parallel test and burn-in. The ABTS is a new family of systems that can do Test During Burn-in ("TDBI") on both logic and memory packaged ICs. The MTX system is a massively parallel test system designed to reduce the cost of memory testing by performing both test and burn-in on thousands of devices simultaneously. The MAX system can effectively burn-in and functionally test complex devices, such as digital signal processors, microprocessors, microcontrollers and systems-on-a-chip. The DiePak carrier is a reusable, temporary package that enables IC manufacturers to perform cost-effective final test and burn-in of bare die.

Chairman of the Board and Chief Executive Officer
Rhea J. Posedel
Number of Employees 123
Contact Information

400 Kato Ter

Fremont, California 94539-8332

aehr.com

(510) 623-9400

NAICS Code Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals: 334515

Recent Events

  • Aehr Test Systems Regains Compliance With Nasdaq Minimum Bid Price Rule

    10/01/09 - Bond / Stock Rating - View Story

  • Teradyne raises forecast, Aehr struggles

    10/01/09 - Financial Announcement - View Story

  • Yahoo, Microsoft strike online search deal

    7/29/09 - Financial Announcement - View Story

News & Analysis

aehr test systems and seeking alpha - All News and Analysis

Decision Makers

Name (plus bio) Position
Kunio Sano President of Aehr Test, Japan
Gary L. Larson Vice President of Finance and Chief Financial Officer Aehr Test Systems
Carl Buck Vice President, Marketing & Contactor Business Group
David S. Hendrickson Vice President
Gregory M. Perkins Vice President, Worldwide Sales & Services
Joel Bustos Vice President of Operations
Evelyn Abueg Director, HR
Mario Rosati Director and Secretary
Aehr Test Worldwide Leader In Burn, In and Test Equipment
Charles E. Shalvoy
Mukesh Patel Director
Robert R. Anderson Director
Wilson Sonsini Goodrich Director

Board of Directors

Name (plus bio) Position
Rhea J. Posedel Chairman of the Board and Chief Executive Officer
Howard T. Slayen Board of Directors
William W.R. Elder Board of Directors

Founder of the Company and has served as Chief Executive Officer and Chairman of the Board of Directors since its inception in 1977. From the Company's inception through May 2000, Mr. Posedel also served as President. Prior to founding the Company, Mr. Posedel held various project engineering and engineering managerial positions at Lockheed Martin Corporation (formerly "Lockheed Missile & Space Corporation"), Ampex Corporation, and Cohu, Inc. He received a B.S. in Electrical Engineering from the University of California, Berkeley, an M.S. in Electrical Engineering from San Jose State University and an M.B.A. from Golden Gate University.

Organization Position Status
Aehr Test Systems Chairman of the Board and Chief Executive Officer Current
TRW, Inc. Former
Ampex Corporation Former
San Jose State University M.S. In Electrical Engineering Former
Golden Gate University M.B.A. Former
University of California, Berkeley B.S. In Electrical Engineering Former

Joined the Company as Vice President, Aehr Test Systems Japan K.K., the Company's subsidiary in Japan, in June 1998 and was elected President, Aehr Test Systems Japan K.K. in January 2001. From 1991 to 1998, he served as Manager of Development Engineering Department at Tokyo Electron Yamanashi Limited, a leading worldwide semiconductor equipment manufacturer. Mr. Sano received a B.S.E.E. from Sagami Institute of Technology in Kanagawa, Japan.

Organization Position Status
Aehr Test Systems President of Aehr Test, Japan Current
Aehr Test Systems Vice President Current

Joined the Company in April 1991 as Chief Financial Officer and was elected Vice President of Finance in February 1992. From 1986 to 1990, he served as Chief Financial Officer, and from 1988 to 1990 also as President and Chief Operating Officer, of Nanometrics Incorporated, a manufacturer of measurement and inspection equipment for the semiconductor industry. Mr. Larson received a B.S. in Mathematics/Finance from Harvey Mudd College.

Organization Position Status
Aehr Test Systems Vice President of Finance and Chief Financial Officer Aehr Test Systems Current
Nanometrics Incorporated President Former
Nanometrics Incorporated Chief Operating Officer Former
Harvey Mudd College B.S. In Mathematics, Finance Former

Joined the Company as a Product Marketing Manager in 1983 and held various positions until he was elected Vice President of Engineering in November 1992, VP of Research and Development Engineering in November 1996, VP of Marketin g in September 1997, VP of Contactor Business Group in May 2002 and VP of Marketing and Contactor and Business Group in October 2005. From 1978 to 1983, Mr. Buck served as Product Marketing Manager at Intel Corporation, an integrated circuit and microprocessor company. Mr. Buck received a B.S.E.E. from Princeton University, an M.S. in Electrical Engineering from the University of Maryland and an M.B.A. from Stanford University.

Organization Position Status
Aehr Test Systems Vice President, Marketing & Contactor Business Group Current
Aehr Test Systems Product Marketing Manager Current
Intel Corporation Product Marketing Manager Former
University of Maryland M.S. In Electrical Engineering Former
Stanford University M.B.A. Former
Princeton University B.S.E.E. Former

Joined the Company as Vice President of Engineering in October 2000. From 1999 to 2000, Mr. Hendrickson served as Platform General Manager, and from 1995 to 1999 as Engineering Director and Software Director, of Siemens Medical (formerly Acuson Corporation), a medical ultrasound products company. From 1990 to 1995, Mr. Hendrickson served as Director of Engineering and Director of Software of Teradyne Inc. (formerly Megatest Corporation), a manufacturer of semiconductor capital equipment. Mr. Hendrickson received a B.S. in Computer Science from Illinois Institute of Technology.

Organization Position Status
Aehr Test Systems Vice President Current
Siemens Medical General Manager Former
Siemens Medical Engineering Director Former
Teradyne, Inc. Former
Megatest Corporation Former
Illinois Institute of Technology BS Degree In Computer Science Former

Joined the Company as Vice President of Worldwide Sales and Service in June 2004. From 2001 to 2003, Mr. Perkins served as Vice President of North America Customer Operations and then Vice President of North American and European Sales, for Electroglas Corporation, a producer of semiconductor wafer probers. From 1999 to 2001, he served as Vice President to Sales at Advantest America, Inc., a semiconductor tester company, and from 1997 to 1999 as Vice President of Worldwide Sales and Field Operations at LTX Corporation, a semiconductor tester company. From 1978 to 1997, Mr. Perkins held multiple management positions over 19 years with General Electric Company including Senior Vice President of Marketing and Business Development for GE Capital Computer Leasing. Mr. Perkins received a B.S. degree in Environmental Health Technologies from Quinnipiac University.

Organization Position Status
LTX Corporation Vice President of Worldwide Sales and Field Operations Former
Electroglas Inc. Vice President of North American and European Sales Former
Quinnipiac University BS Degree In Environmental Health Technologies Former

Joined the Company as Vice President of Operations in July 2007. From 2002 to 2007, Mr. Bustos served as General Manager of the Global Consumer Business Unit of Celestica Inc., an electronic manufacturing services company. From 1999 to 2002, Mr. Bustos served as a General Manager at Flextronics International Ltd., a leading global provider of electronic manufacturing services. Mr. Bustos received a B.S. in Organizational Behavior from the University of San Francisco.

Organization Position Status
Aehr Test Systems Vice President of Operations Current
Flextronics International Ltd. General Manager Former
University of San Francisco B.S. In Organizational Behavior Former

Organization Position Status
Aehr Test Systems Director, HR Current

Organization Position Status
Pacrim Venture Partners Managing Director Current
Cardinal Venture Capital Co-founder Current
Ybrant Technologies, Inc. Partner, Wilson Sonsini Goodrich & Rosati Law Firm Current
Cayenne Consulting LLC Partner at the Silicon Valley Current
Wilson Sonsini Goodrich & Rosati Partner Current
Videonline Inc. Partner Current
Berkeley Haas School of Business Partner In the Silicon Valley Law Current
Michael Barclay Partner Current
Aehr Test Systems Director and Secretary Current
The Management Network Group, Inc. director of several Current
Genus, Inc. Secretary Current
Los Alamos National Laboratory Advisor Current
Vivus, Inc. Associate Current
Cognitive Labs Current
Campventures Current
H5 Technologies Incorporated Current
Braincess, Inc Board of Directors Current
New Vista Capital Advisory Member Current
Pacrim Venture Partners Strategic Advisory Board, Member Current
Ybrant Technologies, Inc. Board of Directors Current
Akaba, Inc Director Current
Enterventures Board of Directors Current
Sanmina Corporation Director Current
Genus, Inc. Director Current
Vivus, Inc. Director Current
Aehr Test Systems Director Current
Biztrol Member of the Board Current
Sanmina-SCI Corporation Director Current
Symyx Technologies, Inc. Director Current
Videonline Inc. Board of Directors Current
Aftercollege, Inc. Board of Directors Current
Michael Barclay Board of Directors Current
Authernative, Inc Board Member Current
MyPoints.com, Inc. Director Current
Computer Aided Inspection Technologies, Inc. Board of Directors Current
Wilson Sonsini Goodrich & Rosati Board of Directors Current
Orbimed Advisors, LLC Director Current
Direct Response Corporation Board Member Current
Ross Systems, Inc. Director Current
Raendance Director Current
Darwin Ventures, LLC Board of Directors Current
Wilson Sonsini Goodrich & Rosati Member Current
Band of Angels co-founder Former
Pacrim Venture Partners co-founder Former
University of California Adjunct Professor Former
University of California, Berkeley adjunct Professor Former
Berkeley Haas School of Business adjunct professor Former
Cardinal Venture Capital senior advisor Former
Michael Barclay Associate Former
Aehr Test Systems Assistant Secretary Former
Wilson Sonsini Goodrich & Rosati Associate Former
University of California, Berkeley J.D. Former
University of California, Berkeley, School of Law - Boalt Hall J.D. Former
Northwestern University Bachelor of Arts and Master of Management degrees Former
University of California, Los Angeles B.A. Former
University of California, Berkeley Degree Former
University of California, Berkeley, School of Law - Boalt Hall Degree Former
University of California Degree Former

Organization Position Status
Aehr Test Systems Worldwide Leader In Burn, In and Test Equipment Current

Organization Position Status
Nitronex Corporation Executive Chairman and CEO Current
Aehr Test Systems Current
Emerson Electric Co. Current
Raychem Current
Conductus, Inc. Chief Executive Officer Former
Superconductor Technologies, Inc. Chief Executive Officer Former
Conductus, Inc. President Former
Superconductor Technologies, Inc. President Former
Therma-Wave, Inc. President Former
Therma-Wave, Inc. Chief Operating Officer Former
Canesta, Inc. Chairman Former
Superconductor Technologies, Inc. Board of Directors Former
Stanford University M.B.A. Former
University of Notre Dame B.S. In Mechanical Engineering Former

HOWARD T. SLAYEN, Director, has been providing independent financial consulting services to various organizations and clients since June 2001. From October 1999 to May 2001, Mr. Slayen was Executive Vice President and Chief Financial Officer of Quaartz Inc., a web-hosted communications business. From 1971 to September 1999, Mr. Slayen held various positions with PricewaterhouseCoopers/Coopers & Lybrand, including his last position as a Corporate Finance Partner. In addition, Mr. Slayen currently is a director of Lantronix, Inc., a provider of embedded networking solutions. He also serves as a director for two private companies. Mr. Slayen holds a B.A. from Claremont McKenna College and a J.D. from the University of California, Berkeley School of Law.

Organization Position Status
Aehr Test Systems Board of Directors Current
Lantronix, Inc. Director Current
University of California, Berkeley, School of Law - Boalt Hall J.D. Former
Claremont McKenna College B.A. Former

Mukesh Patel . Mr. Patel has been a Director since April 2004. Mr. Patel is the founder and Managing Director of Invati Capital LLC. Formerly, Mr. Patel served as President and Chief Executive Officer of Metta Technology, which he co-founded in 2004, until November 2006, when LSI Logic Corporation acquired it. He also served as Chief Executive Officer of Sparkolor Corporation, which Intel Corporation acquired in 2002. In addition, Mr. Patel co-founded SMART Modular, which Solectron acquired in 1999, serving at SMART Modular as Vice President and General Manager Memory Product Division from August 1995 to August 1998 and as Vice President, Engineering from February 1989 to July 1995. Prior to SMART Modular, Mr. Patel was employed in the semiconductor industry at Seeq Technology, Advanced Micro Devices and Samsung Semiconductor. Mr. Patel also serves on the board of AEHR Test Systems. He holds a B.S. in Electrical Engineering from Bombay University, India. Mr. Patel serves as a member of our Nominating and Corporate Governance Committee.

Organization Position Status
Smart Modular, Inc. Founder Current
Smart Modular, Inc. Board Member Current
SMART Modular Technologies, Inc. Board of Directors Current
Yatra Director Current
Aehr Test Systems Director Current
Jedi Technologies Director Current
Metta Technology Chief Executive Officer Former
Metta Technology President Former
SMART Modular Technologies, Inc. Co-Founder Former
Bombay University B.S. degree in Engineering with emphasis on digital electronics Former

Array

Organization Position Status
Systems, Inc. Director Current
Newco, Inc. Chairman Current
Trikon Technologies, Inc. Board of Directors Current
MKS Instruments, Inc. Director Current
Aviza Technology, Inc. Board of Directors Current
Aehr Test Systems Director Current
Yield Dynamics, Inc. Chief Executive Officer Former
KLA-Tencor Corporation Chief Financial Officer Former
Kl&A Chief Financial Officer Former
KLA-Tencor Corporation Chairman Former
Yield Dynamics, Inc. Chairman Former
Trikon Corporation Board of Directors Former
Bentley College Former
NASDAQ OMX Group, Inc. member Former

Organization Position Status
Aviza Technology, Inc. Current
Aehr Test Systems Board of Directors Current
Genus, Inc. Chief Executive Officer Former
Genus, Inc. President Former
Genus, Inc. founder Former
Genus, Inc. Director Former
University of Paisley Doctorate Degree Former
University of Paisley B.S.I.E. Former

Mr. Rosati has been with Wilson Sonsini Goodrich & Rosati since 1971, specializing in corporate law with an emphasis on high technology companies. In addition to Symyx, he is a director of Aehr Test Systems, Genus, Inc., Sanmina-SCI Corporation, and Vivus, Inc, all public companies, as well as several privately held companies. Mr. Rosati serves on the firm's Executive Management Committee and is the Managing Partner of WS Investments, an investment partnership composed of the members and associates of the firm. He is an adjunct Professor at the Haas School of Business, University of California, Berkeley. Mr. Rosati holds a B.A. degree from University of California, Los Angeles, and a J.D. degree from Boalt Hall, UC Berkeley.

Organization Position Status
Sanmina-SCI Corporation Director Current
Vivus, Inc. Director Current
Genus, Inc. Director Current
Aehr Test Systems Director Current
University of California, Los Angeles B.A. Degree Former
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     AEHR $1.41 -0.07 (-4.89% )
Average Volume 49,705
Shares Outstanding 8.50M
Market Cap 12.0M
Year High 2.88
Year Low 0.75
Earnings Per Share -3.54
P/E Ratio -0.40
Dividend N/A
Yield N/A
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