The full report is available at: http://www.beaconequity.com/i/ACLS

Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity

Axcelis Technologies Incorporated (ACLS) is a designer and manufacturer of semiconductor equipment, marketing its ion implantation, dry strip, and other processing equipment products worldwide.

In the report, the analyst notes:

"The Company operates in an industry subject to cyclical swings and trends by makers of semiconductors. Demand for its products is influenced by capital spending, capacity and utilization rates of semiconductor manufacturers and technology advancement. As a result, the Company expects its revenue and earnings to fluctuate during the various cycles of the semiconductor makers industry. The second half of 2007 marks the period when the industry began to slow, and is expected to continue through 2009, according to management's assessment in its latest 10-Q.

"For the period ended September 30, 2009, the Company operated at a negative cash flow predominately driven by the decline in demand for semiconductors. Cash and cash equivalents reached $41.2 million at the close of the third quarter, compared with $49.8 million at the close of the second quarter, while the Company's cash burn rate between quarters reached $8.5 million. The Company expects cash flow to improve markedly during the fourth quarter of 2009."

To read the entire report visit: http://www.beaconequity.com/i/ACLS

See what investors are saying about these stocks at: http://www.stockhideout.com/

BeaconEquity.com is one of the industry's largest small-cap report providers striving to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com

Beacon Equity Disclosure

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Beacon Equity nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Beacon Equity

CONTACT:  Beacon Equity Research
Jeff Bishop
(469)-252-3505
press@beaconequity.com

SOURCE: Axcelis Technologies, Inc.

Axcelis Technologies, Inc. 
Maureen Hart, 978-787-4266 (editorial/media) 
or 
Stephen Bassett, 978-787-4000 (financial community)

The Optima XE combines Axcelis' production-proven RF Linac high energy, spot beam technology with a high-speed, state-of-the-art single wafer endstation, enabling unmatched productivity. Its inherent flexibility and broad energy range of 10keV to 4.5MeV allow a single tool to support chipmakers' dynamic high energy requirements for DRAM, NAND and NOR FLASH, embedded memory, image sensor and logic device manufacturing. Axcelis is the industry's foremost supplier of high energy ion implant systems, with the world's largest installed base and leading market share.

Axcelis Technologies, Inc. (Nasdaq:ACLS) headquartered in Beverly, Massachusetts, provides innovative, high-productivity solutions for the semiconductor industry. Axcelis is dedicated to developing enabling process applications through the design, manufacture and complete life cycle support of ion implantation and cleaning systems. The company's Internet address is: www.axcelis.com.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Axcelis Technologies, Inc.

CONTACT:  Axcelis Technologies, Inc.
Editorial/Media
Maureen Hart
978.787.4266
Financial Community
Stephen Bassett
978.787.4000

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Axcelis Technologies, Inc.

CONTACT:  Axcelis Technologies, Inc.
Editorial/Media
Maureen Hart
978.787.4266
Financial Community
Stephen Bassett
978.787.4000