GT Solar Changes Its Name to GT Advanced Technologies Inc.

GT Solar has announced its name change to GT Advanced Technologies Inc.,and the company is now trading under its new GTAT stock ticker symbol on NASDAQ.

According to Tom Gutierrez, GT Advanced Technologies’ president and CEO,“Our transition from GT Solar to GT Advanced Technologies reflects our broader strategic market focus. We are growing beyond our historic focus on the solar industry to include other growth markets such as the LED industry. We also continue to look for strategic expansion opportunities into other adjacent markets that leverage our core competencies in crystal growth technology and the commercialization of equipment that drives the growth of new industries. Our name is now more closely aligned with our strategic vision and provides a new platform for us to grow and strengthen our global brand.”

GT Advanced Technologies is known as a market leader in each of its three core technology segments – polysilicon production equipment, photovoltaic (PV) silicon casting furnaces and sapphire equipment and materials.

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