This is a huge development. previously they were only making thick films. Now that they've got thin films they can start making them with Si-28.
'zyme
GOLDEN, Colo.--(BUSINESS WIRE)--May 8, 2003--Isonics Corporation (NASDAQ:ISON), a leader in the development of isotopically engineered semiconductor materials and a supplier of thick-film silicon-on-insulator (SOI) wafers, announced that they have successfully produced thin-film SOI wafers using an internally developed process.
James E. Alexander, Isonics' Chairman and CEO, commented, "For the past year we have been working to define a thin-film SOI manufacturing process which is consistent with our low-cost paradigm. Our thin-film process, which is code named Sigma-1, is built on our proven thick-film process and utilizes many of the same tools and equipment we already own. This will allow us to produce meaningful quantities of Sigma-1 wafers without the need for further capital investment."
"We routinely receive inquiries for thin-film SOI wafers so we know that this market segment is quite dynamic and that there is demand for alternative sources of supply, such as Isonics," Mr. Alexander continued. "We have accepted our first order for a lot of Sigma-1 wafers which we plan to ship this month."
Thin-film SOI wafers are generally used for the most leading edge electronics applications, while thick-film SOI wafers are used to manufacture micro electrical mechanical systems (MEMS) and certain other electronic devices. Gartner Dataquest projects that the overall market for SOI wafers will grow to $1.4 billion by 2007.
Isonics presently offers thin-film Sigma-1 SOI wafers in 100 mm to 150 mm diameters to typical industry specifications. Isonics also offers all sizes of thick-film SOI wafers. Customers wishing information or to request a proposal should send an inquiry to soi@isonics.com or contact Renie Duvall at (360)885-9310.
About Isonics Corporation
Isonics is a world leader in isotopically engineered materials and produces isotopically pure silicon-28 chemicals and wafers and silicon-on-insulator wafers (SOI) for the semiconductor industry. Isonics also markets and sells stable isotopes for the health care industry such as Oxygen-18 for positron emission tomography (PET) imaging. The company is also a leading supplier of several radioactive isotopes used in medical imaging and therapy. Isotopes can be thought of as ultra pure materials. For additional information visit www.isonics.com .
Forward Looking Statements: Except for historical information contained herein, this document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein, and which may result in the parties being unable or unwilling to complete the transaction described herein. Further, the Company operates in industries where securities values may be volatile and may be influenced by regulatory and other factors beyond the Company's control. Other important factors that the Company believes might cause such differences are discussed in the risk factors detailed in the Company's 10-KSB for the year ended April 30, 2002 as filed with the Securities and Exchange Commission, which include the Company's cash flow difficulties, dependence on significant customers, and rapid development of technology, among other risks. In assessing forward-looking statements contained herein, readers are urged to carefully read all cautionary statements contained in the Company's filings with the Securities and Exchange Commission.
CONTACT: Investor Awareness, Inc.
Tony Schor/Paul Arndt, 847/945-2222
www.investorawareness.com
or
Isonics Corporation
Dr. Stephen J. Burden, 303/279-7900
www.isonics.com
SOURCE: Isonics Corporation |
