Shareholders letter written today by NPCT CEO
November 20, 2000
Dear Shareholders:
We have emerged from the chrysalis of our birth. Our flight in 2001 shall
begin with wings that even Icarus would have envied. Confident, with the
wisdom of our advisors and the educated intelligence of many learned
persons, we shall take full flight (admitting the future holds many
uncertainties) and surpass the confessed boundaries of today’s,
technologies, with the next generation of 21st century technology. THIS IS
THE NANOPIERCE TECHNOLOGIES, INC, VISI0N.
Here is a brief summary of the achievements the Nanopierce team has
accomplished in the last year, among many others, too numerous to
mention.
· In November 1999, we had 4 fulltime employees, and $38 in our bank
account. Today, we have 16 employees worldwide and millions in the bank.
· January 2000, we formed our subsidiary in Munich Germany, Nanopierce
Card Technologies, GmbH. Since then, under the commanding leadership of
Dr. Michael E. Wernle, we have retained an exceptional, experienced,
competent and motivated team. In addition, the new corporate offices have
been equipped with the best available equipment to accomplish their
mission. They, because of their collective and individual goals, will attain
and achieve objectives, which shall give many among their followers,
supporters and admirers the opportunity to contemplate, in the quietude of
their mind and moment, the magnitude and the superlative dimensions of
their achievements.
· January 2000, we completed our first financing of $4 Million. Dr. Herbert J.
Neuhaus with his core team began an aggressive campaign to design,
develop and construct a continuous, reel to reel, semiautomatic, high
volume, fully flexible, plating system. THEY ACHIEVED THIS WITH
OUTSTANDING SUCCESS DELIVERING RESULTS EXCEEDING THE MOST
EXACTING STANDARDS OF THE INDUSTRY.
· March 2000, our stock hit an all time high of $6. It is our goal to regain
and surpass this lofty height.
· June 2000 Nanopierce signs a Cooperation Agreement with SimoTec GmbH
for integration of NCS into the highly advanced flip chip bonder of SimoTec.
The designated target – SMART LABELS.
· July 2000, Nanopierce signs first revenue generating contract with
LIPAG-3-S Silicon Tech, Inc., and 3-S Phoenix, Inc.
· July 2000, Advancing Microelectronics magazine July/August 2000 Cover
page exhibits a topographical illustration of NCS and our logo. Dr. Herbert J.
Neuhaus is the Guest Editor and featured Guest Editorial.
· August 2000, Nanopierce Card Technologies receives a revenue generating
software order from Polish Telecom.
· August 2000, we were issued a Patent, entitled “Method and Apparatus
For Conductively Joining Components”. We currently own 12 patents, 3
patent applications, 3 provisional patent applications (2 of which will be
abandoned in favor of a superceding patent application), and 7 new
applications in preparation.
· September 2000, Dr Michael E. Wernle received “Best of Session” Award
for his paper presented at the International Microelectronics and Packaging
Society conference.
· September 2000, Nanopierce Card Technologies announced a Cooperative
Agreement with Elcos AG to exploit NCS in the large and exploding global
market for LEDs.
· Average trading volume for the fiscal year 2000 was 126,991. The liquidity
of our stock is astounding to many of the biggest investment banking firms.
It remains the catalyst of our present and future financing.
· October 2000, we had our Open House in Colorado Springs, demonstrating
our new NCS plating system to approximately 100 people who attended.
· October 2000, the Company received $15 Million Equity Financing.
· October 2000, we eliminated long term debt.
· October 2000, further expanding our intellectual property portfolio we filed
six Applications for Trademark Registration.
· November 2000,our Board of Directors is enhanced with the appointment
of two highly qualified and outstanding individuals as independent directors:
Dr. Robert F. Shaw and M. Albert Capote.
· November 2000, an S-3 was filed to posture the Company’s growth for the
next 2 years in anticipation of industry financing.
As you can see, we have accomplished a lot in the last year, and there is
much more to come in 2001. We are confident that 2001 will bring a scale
of developments that will catapult Nanopierce into the elite ranks of
technology companies shaping the future of the electronics industry. These
new developments should entice and secure institutional investor
participation, enhance our trading market dynamics and strengthen the
constituency of our shareholder base. Listing on the Small Capitalization
segment of the NASDAQ system will attract numerous major investment
banking firms into our stock.
We have much for which to be thankful. Consider life itself, the priceless
gift of good health, our families bound in love and affection for each other,
our beloved spouses and soul mates, this beautiful blue planet, our lovable
pets, the freedom and liberty and peace and security of this great country,
financial success earned by diligent effort in the world’s strongest market,
unrestricted by arbitrarily imposed constraints, a government of laws not
men, opportunity to pursue and achieve one’s dreams and visions
unimpeded, given the will, by the accident of birth or our station in life ,the
absence of pestilential diseases, famine, hunger and interminable war and
conflict that afflicts so much of humanity and innumerable other blessings.
MAY WE NEVER BE SO ARROGANT TO TAKE THESE BLESSINGS AS EARNED.
THEY ARE GRANTED AND GIFTED BY GOD. THEY HAVE BEEN, AND CONTINUE
TO BE, PRESERVED AND PROTECTED BY MANY PERSONS, PAST AND
PRESENT, TO WHOM WE SHOULD AND SHALL REMAIN PERPETUALLY
INDEBTED. LET US NOT FORGET THAT WE ALSO ARE REQUIRED TO
CONTRIBUTE TO THIS SHARED OBLIGATION OF OUR HUMANITY.
We at Nanopierce Technologies, Inc wish you the very best for a fun filled
and memorable Thanksgiving Day and the wonderful holiday season we are
approaching.
Thank you for your trust and confidence.
Sincerely,
NANOPIERCE TECHNOLOGIES, INC.
Paul H. Metzinger
President & CEO |
