| some basic info SCCI...quotes avail site below but they should be on OTC BB soon...paperwork is, i think, done and ready....close fri 1.60, 1.8m shares outstanding at end 1st qtr, filings avail at edgar using name superconductive components...select 'company name' rather than ticker symbol...also, excellent info avail at company www site:
pinksheets.com
recent releases:
(COMTEX) B: SUPERCONDUCTIVE COMPONENTS INC - Magnesium Diboride (MgB2
B: SUPERCONDUCTIVE COMPONENTS INC - Magnesium Diboride (MgB2) Products
Vancouver, BC, May 29, 2001 (Market News Publishing via COMTEX) --
Superconductive Components, Inc., a manufacturer of advanced ceramics including
optical and battery materials, high temperature superconductive and
non-superconductive products, announced the introduction of two magnesium
diboride ("MgB2") products. MgB2 was recently discovered to be a superconductor
and is expected to be used in a number of superconductor applications, in
particular microelectronics, such as ultrahigh-performance analog-to-digital
converters in all-digital software-defined radio systems for wireless
applications.
MgB2 is considered to be closer to the ideal material for superconducting
electronics than any others discovered to date. Because of its high critical
temperature ("Tc"), applications that have previously been limited to an upper
operating temperature of 5 Kelvin (or -268 degrees C) can in the future be
operated at temperatures that are much more easily reached with mechanical
refrigerators. Since it is not as sensitive to the alignment of individual
grains in the material, MgB2 promises to perform substantially better than
existing ceramic High Tc superconductors. The need for precise grain orientation
in High Tc materials makes device manufacturing extremely difficult. The fastest
integrated circuits ("IC") in the world are currently being made with elemental
niobium, cooled to 4.2 Kelvin. Magnesium diboride may enable even faster IC
speeds at a higher and more convenient temperature.
Superconductive Components, Inc. has produced high-density, phase pure, MgB2
targets for sputtering and laser ablation that can be utilized to produce films
with Tc's up to 39K. Sputtering and laser ablation targets are the source
material for the process equipment used to make microelectronic devices. The
Company currently offers targets in planar and hollow cathode geometries. These
targets are available, in planar configurations, in sizes from 1" to 12"
diameter or as 1" x 1" to 8" x 5" rectangles that can be tiled to make arrays of
any size. The hollow cathode or tubular configurations are available to fit most
popular cathodes. The product can be sputtered using DC or RF power. The Company
also provides MgB2 in powder form.
John Rowell, pioneer in superconductive microelectronics and the Materials
Institute Professor at Northwestern University, commented, "Magnesium diboride
is truly a remarkable material and represents the most significant discovery of
a new superconducting material since high-Tc superconductors in 1986. It seems
to be an old-fashioned 'BCS superconductor,' but its transition temperature is a
remarkable 39K, which is nearly twice the previous levels for such simple
materials."
Dr. Rowell continued, "If magnesium diboride films can be readily made by
processes such as evaporation, sputtering or laser ablation, they will be
particularly well suited for making the chips to be used in future
superconducting digital applications such as computers, routers, switches and
software defined radios for the wireless market. Considerable scientific
research has taken place around the world since the discovery of
superconductivity in magnesium diboride earlier this year, and ongoing efforts
are expected to lead to accelerated utilization of MgB2 in commercial
applications." Dr. Edward R. Funk, Sc.D., Chairman and CEO of Superconductive
Components, said, "Magnesium diboride's ideal qualities serve as a catalyst for
development of advanced digital circuits to be used in future generation
products for the electronic and communications industries. This discovery
follows a decade of limited progress in high Tc superconductors and represents
an exciting new era for the industry. We plan to investigate additional
commercial applications for MgB2 to complement our current product offerings."
About Superconductive Components, Inc.
Superconductive Components, Inc. manufactures advanced ceramics such as
superconductors, ferroelectric and optical materials for use in wire, cable,
sensors, batteries, wireless and fiber optics systems. The Target Materials,
Inc. Division of the Company manufactures thin film materials for photovoltaics,
flat panel displays, electronic switches, hardness and decorative coatings. The
Company is a global materials supplier with clients in more than 40 countries.
Additional information is available at superconductivecomp.com .
Vancouver, BC, May 08, 2001 (Market News Publishing via COMTEX) --
Superconductive Components, Inc., a manufacturer of advanced ceramics, optical
materials, and high temperature superconductive and non-superconductive
products, announced record net income of $118,650 for first quarter 2001 versus
a net loss of $49,233 for the same period last year. Net income per diluted
share applicable to common stock was $0.06 versus a net loss of $0.06 in first
quarter 2000. Weighted average shares outstanding were 41.5% higher than a year
ago as a result of a private sale of common equity and conversion of debt to
equity during the second half of 2000.
First Quarter 2001 Results
Revenues improved 33.1% to $1,060,180 for first quarter 2001 versus $796,346 the
prior year. The increase in revenues resulted from improved product sales,
$172,000 of tantalum sales, and $48,000 of scrap sales. In addition, the Company
was awarded a Phase I SBIR grant from the National Science Foundation in January
2001 and $50,000 of the grant is included in first quarter 2001 revenues.
Gross margin rose to $335,988 or 31.7% of revenues for first quarter 2001 from
$145,820 or 18.3% a year ago. The increase is attributable to higher sales,
improved utilization of production capacity, and lower sub-contractor costs.
General and administrative expenses increased 32.2% to $145,252 for first
quarter 2001 due to a number of one-time costs associated with additional
regulatory filings and higher payroll costs. Sales and promotional expenses
declined $11.3% to $65,968 for first quarter 2001 primarily as a result of lower
commissions.
Edward R. Funk, Sc.D., Chairman and CEO, commented. "We are very pleased with
the record results for first quarter 2001, particularly given the substantial
increase in common shares outstanding during the past year. The results were
slightly ahead of our plan for the quarter. Initiatives are being pursued to
increase marketing efforts and also leverage our intellectual property and
production capabilities. Additionally, we are increasing staff and acquiring
additional production equipment to position the Company for continued growth."
Capital Expenditures
First quarter 2001 capital expenditures totaled $74,000 versus $16,000 for the
same period last year. Additional manufacturing machinery and equipment was
acquired during the first three months of this year to accommodate increased
production needs.
Research Grants
The National Science Foundation Phase I SBIR strontium ruthenate grant continues
through June 30, 2001. This project is intended to lead to successful
development of a new method for making ultra-fine particles of phase pure
(nanocrystalline) strontium ruthenate (SrRuO3) utilizing new coordination
compounds. These compounds will be an integral step toward commercial production
of high-density sputtering targets of SrRuO3. The targets are expected to be
used for thin-film electrodes in the next generation of high capacity stack
storage capacitors.
During first quarter 2001 the Company submitted several applications for grants
to continue research involving lithium ion batteries, various forms of exhaust
emissions, superconductor wire, and others. Notification concerning funding
decisions regarding these projects is anticipated beginning second quarter 2001.
Form 10-SB Registration Statement
The Company resolved all outstanding issues concerning its Form 10-SB
Registration Statement identified by the Securities and Exchange Commission
through an amendment to the Form 10-SB filed on April 2, 2001, and has initiated
efforts to re-list its common shares on the NASDAQ Over The Counter Bulletin
Board (OTC BB). There is no assurance, however, that the Company's common shares
will be accepted for re-listing on the OTC BB. The Company became a reporting
company for purposes of the Securities Exchange Act of 1934, as amended, by
operation of law sixty days after the Form 10-SB was initially filed on
September 28, 2000, and as such is required to file regular quarterly and annual
reports with the SEC. The Company filed its first Form 10-KSB with the SEC on
April 2, 2001.
COLUMBUS, Ohio, Feb. 8 /PRNewswire/ -- Superconductive Components, Inc.
(OTC Bulletin Board: SCCI) today announced it has received a $100,000 Small
Business Innovation Research Phase I grant from the National Science
Foundation. The purpose of this grant is to develop a novel method for making
ultra-fine particles of phase pure (nanocrystalline) strontium ruthenate
(SrRuO3) utilizing new coordination compounds.
Successful development of this compound is expected to be an integral step
toward commercial production of high-density sputtering targets of SrRuO3.
These targets are expected to be used for thin-film electrodes in the next
generation of high capacity stack storage capacitors. One of the challenges
facing the semiconductor industry is replacement of the traditional silicon
dioxide/dual-doped poly silicon gate stack process, which has been the
mainstay of Complementary Metal-Oxide-Silicon (CMOS) device manufacturing
since its inception.
Strontium ruthenate is also recognized as a leading replacement material
in dielectric and ferroelectric thin film devices because of its metal-like
conductive oxide qualities. Commercial applications include production of
thin-films of SrRuO3, which will specifically be used to produce dynamic
random access memory (DRAM) and ferroelectric random access memory (FRAM) for
the semiconductor industry.
One of the goals of this research is development of a molecular-level
approach leading to future production of ultra-fine particles of phase-pure
(nanocrystalline) strontium ruthenate. This powder will be used to develop a
high-density strontium ruthenate ceramic material to be used commercially to
produce thin-films of SrRuO3. These thin-films can also be used as a buffer
layer between high-temperature superconductors and metals. SrRuO3 could
become the electrode material of choice in the next generation of dielectric
and ferroelectric devices, which utilize an electrode applied to either barium
strontium titanate (BST) or lead zirconium titanate (PZT).
Superconductive Components, Inc. manufactures advanced ceramics such as
superconductors, ferroelectric and optical materials for use in wire, cable,
sensors, batteries, wireless and fiber optics systems. The Company's wholly
owned subsidiary, Target Materials, Inc., manufactures thin film materials for
photovoltaics, flat panel displays, electronic switches, hardness and
decorative coatings. The Company is a global materials supplier with clients
in more than 40 countries. Additional information is available at:
superconductivecomp.com .
SOURCE Superconductive Components, Inc.
-0- 02/08/2001
/CONTACT: J. R. Gaines, Jr., Vice President of Superconductive
Components, Inc., 614-486-0261/
/Web site: superconductivecomp.com
(SCCI)
This company has a lot of things going for it in several high tech sectors. I expect them to be on the otc bb soon and in my opinion as the company becomes more widely known they will make it to nasdaq. Any important positve development here could have a significant impact on the company's market value due to the small outstanding and very low flt share situation. also, vice versa could happen as well...any negative news could hit stock price due to same situation. however, given the historical range of the stock price we are at the low end and given recent corporate developments the downside risk here is not much in my opinion. I strongly suggest reviewing the 10ksb for additional info on the company, its history, and its technology and products. Quite a handful. |
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