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. PosedelNumber of Employees 123
Peer Companies
NAICS Code Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals: 334515
Recent Events
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Aehr Test Systems Regains Compliance With Nasdaq Minimum Bid Price Rule
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Teradyne raises forecast, Aehr struggles
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Yahoo, Microsoft strike online search deal
News & Analysis
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aehr test systems and seeking alpha - All News and Analysis
Aehr Test Systems F4Q09 (Qtr End 07/28/09) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Jeffrey Scott - Scott Asset Management. Jeffery Scott - Scott Asset Management A couple of questions; your claim against Spansion is a claim against Spansion Inc. US, is that correct? Gary Larson The large majority of our claim against...
Aehr Test Systems F3Q09 (Qtr End 02/28/09) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Jeffrey Scott - Scott Asset Management. Jeffery Scott - Scott Asset Management What is the R&D and SG&A going to be on a go-forward basis? The R&D was 1.6 for this quarter; what is it likely to be on an...
Aehr Test Systems F2Q09 (Qtr End 11/30/08) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Our first question comes from [Jeffrey Scott – Scott Asset Management]. [Jeffrey Scott – Scott Asset Management] SG&A was down a bit from the prior quarter, is that true reduction or was that a reversal of some accruals in the prior period?...
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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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