SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 11, 2002
AMTECH SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
Arizona 86-0411215
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
131 South Clark Drive, Tempe, Arizona 85281
(Address of principal executive offices) (Zip code)
480-967-5146
(Registrant's telephone number, including area code)
ITEM 4. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On July 3, 2002, Amtech Systems, Inc. ("Amtech" or the "Corporation")
dismissed its independent auditor, Arthur Andersen LLP ("Andersen") and
appointed KPMG LLP ("KPMG") as its new independent auditor. As of the date of
this report, KPMG is in the process of its standard client evaluation procedure
and has not accepted the engagement. These actions were approved by the
Corporation's Board of Directors upon the recommendation of its Audit Committee.
It is intended that KPMG will review the consolidated financial statements of
the Corporation for the quarter ending June 30, 2002 and will audit the
consolidated financial statements of the Corporation for the fiscal year ending
September 30, 2002.
During the two most recent fiscal years ended September 30, 2001 and 2000,
and the subsequent interim periods through the date of this report, there were
no disagreements between the Corporation and Andersen, as defined in Item 304 of
Regulation S-K, on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which disagreements, if
not resolved to Andersen's satisfaction, would have caused Andersen to make
reference to the subject matter of such disagreement in connection with its
reports, and there were no reportable events as described under Item
304(a)(1)(v) of Regulation S-K.
The audit reports of Andersen on the consolidated financial statements of
Amtech for each of the fiscal years ended September 30, 2001 and 2000 did not
contain an adverse opinion or disclaimer of opinion, nor were they qualified or
modified as to uncertainty, audit scope or accounting principles.
During the fiscal years ended September 30, 2001 and 2000, and the
subsequent interim periods through the date of this report, neither the
Corporation nor anyone on its behalf consulted with KPMG regarding the
application of accounting principles to a specified transaction, either
completed or proposed, or the type of audit opinion that might be rendered on
the Corporation's consolidated financial statements, or any other matters or
reportable events set forth in Items 304(a)(2)(i) and (ii) of Regulation S-K.
Amtech has provided Andersen with a copy of the foregoing disclosures.
Andersen has advised the Corporation that as of July 1, 2002, it is no longer
issuing any letters to the Securities and Exchange Commission regarding matters
such as these.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Inapplicable
(b) Inapplicable
(c) Exhibits:
99 Press release of Amtech Systems, Inc. dated July 11, 2002
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
AMTECH SYSTEMS, INC.
(Registrant)
Date: July 11, 2002 By: /s/ Robert T. Hass
--------------------------------
Robert T. Hass
Vice President - Finance
EXHIBIT INDEX
Exhibit Number Description of Exhibit
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99 Press Release of Amtech Systems, Inc. dated July 11, 2002