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Fast Growing Semi Equip Maker
General Scanning, Inc. At Hambrecht & Quist Technology Conference
HAMBRECHT & QUIST TECHNOLOGY CONFERENCE, SAN FRANCISCO, May 1
/PRNewswire/ -- General Scanning, Inc. is a presenter at the 1996
Hambrecht & Quist 24th Annual Technology Conference:
General Scanning, Inc. Core Technology:
High speed micropositioning and precise power control of lasers
are used in a wide range applications in several fields. Expertise
includes mechanics, optics, magnetics, electronics, software and
process systems design and integration. These are combined to
accomplish the complex task of rapidly and accurately positioning
and controlling laser energy to perform high precision work,
frequently at micron scale.
Applications
-- computer memory processing systems used in the fabrication of
high density DRAMs, SRAMs and ASICs;
-- thin film resistor processing systems used in the production of
automotive pressure sensors for airbags, anti-lock brakes, emissions
control, active suspension systems and airflow measurement;
-- thick film resistor processing systems used in the fabrication
of surface mount ("SMT") electronic components for use in consumer
electronics;
-- laser marking systems used for permanent identification of
products such as microelectronic packages, industrial components,
tools and medical implants;
-- precision alignment systems used primarily in the fabrication
of aircraft composite structures;
- imaging subsystems used principally in graphics and medical
diagnostics;
-- optical scanners, subsystems and components used by the Company
and other companies in a variety of applications including materials
processing, test and measurement, alignment, inspection, displays,
graphics, vision systems, rapid prototyping of CAD parts and medical
applications;
-- thermal printers used in medical instruments for critical patient
care applications as defibrillators, patient care monitoring
systems and cardiac pacemaker programming.
Operations
Primary markets for the Company's products are the semiconductor,
electronics, medical and aircraft industries.
General Scanning sells its products primarily through a direct sales
and customer support organization which is supplemented by independent
sales representatives in selected geographical areas. The Company has
direct sales offices in seven countries, in addition to six cities in
the United States.
The Company's 1995 sales were $102 million, a 34% increase over 1994.
International sales, as a percentage of total sales, have increased
from 28% in 1992 to 50% in 1995. The Company has over 1,000 active
customers. No single customer accounted for more than 6% of total
sales in 1995.
Sales for the first quarter ended March 30, 1996 were $32.5 million,
and net income after tax more than doubled to $2.4 million, or $.22
per share. Backlog increased to $47 million compared to $39 million
at the end of 1995.
The Company is headquartered in Watertown, Massachusetts and has
additional engineering, manufacturing and distribution facilities
in Arlington, Bedford and Somerville, Massachusetts. Founded
in 1968, General Scanning employs approximately 600 people worldwide. The Company's stock is
traded on the Nasdaq National Market System under the symbol GSCN.
/CONTACT: Victor H. Woolley of General Scanning, 617-924-1010/
15:59 EDT |
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