NPCT revenue news....July 05, 2000 13:11
NanoPierce Card Technologies GmbH Announces First Revenue-Generating Contract With Lipag Industrial-Consulting Establishment, Liechtenstein
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HOHENBRUNN/MUNICH, Germany--(BUSINESS WIRE)--July 5, 2000-- NANOPIERCE CARD TECHNOLOGIES GmbH, a subsidiary of NanoPierce Technologies Inc. (NPCT:OTCBB & NPI:Frankfurt Stock Exchange) and LIPAG in cooperation with 3S SILICON TECH, Inc. and 3S-Phoenix, Inc. announced the signing of a contract for software development and project management.
This is the first revenue-generating business for NanoPierce Card Technologies, only four months after the company's founding in January 2000. The contract covers the development of special machine control software for the new die bonder series from 3S Silicon Tech and the entire international project management.
3S Silicon Tech, Inc. and 3S-Phoenix, based in Hsinchu, Taiwan and in Chandler, Arizona, USA, respectively, are internationally renowned suppliers of high-tech die bonders for backend assembly in the semiconductor industry, which is also a primary target market for the NCS (NanoPierce Connection System) interconnection processes developed by NanoPierce Technologies, Inc.
Dr. Michael Wernle, President and CEO of NanoPierce Card Technologies GmbH, commented, "A contract with Lipag/3S is another big step for NanoPierce into the semiconductor backend assembly industry with many potential users. Klaus Utech, Corporate Director of 3S, is an internationally respected specialist in the field of die bonders, with excellent contacts to all major players in the industry. The alliance with 3S is for NanoPierce the next joint development agreement in the series to come."
Mr. Klaus Utech, Corporate Director of 3S, is convinced that "this joint development combines high-tech die bonding equipment with the latest die bonder machine control software development from the specialists at NanoPierce. We found in NanoPierce a competent partner that has the capacity and capability to manage this international project. In addition, the NCS (NanoPierce Connection System) represents a very promising technology for future projects and developments in semiconductor assembly."
NANOPIERCE CARD TECHNOLOGIES, GmbH, is a 100% subsidiary of NanoPierce Technologies, Inc. of Denver, Colorado, USA which is traded on the Nasdaq Electronic Bulletin Board stock market under ticker NPCT as well as in Frankfurt and Hamburg (NPI). In addition to the 10 patents it owns, NanoPierce has two patent applications pending, two patent applications in preparation and various other intellectual properties related to the Company's proprietary NCS. This advanced system is designed to provide significant improvement over conventional electrical and mechanical interconnection methods for high-density circuit boards, components, sockets, connectors, semiconductor packaging and electronic systems.
For more information on NanoPierce Technologies, Inc. please visit the company's web site: nanopierce.com
3S-Phoenix is a maker of custom semiconductor manufacturing equipment and has provided custom automated assembly solutions to customers around the world. The firm specializes in high-speed die attach and pick & place equipment. Its experience and knowledge base are the product of a close relationship to the respected German manufacturer Foton since the late 1970s. For more information on 3S-Phoenix, Inc. please visit their website at 3s.com.
Forward-Looking Statement Notice: This announcement contains forward-looking statements about Nanopierce Technologies, Inc. involving financial arrangements and company operations that may involve risks and uncertainties. Important factors relating to the company's operations including the ability of NanoPierce's technologies to apply its NCS to the marketplace, could cause actual results to differ materially from those in forward-looking statements and are further detailed in filings with the Securities and Exchange Commission available at the SEC website sec.gov. All forward-looking statements are based on information available to NanoPierce Technologies on the date hereof, and NanoPierce Technologies assumes no obligation to update such statements.
CONTACT: NanoPierce Card Technologies GmbH, Hohenbrunn (Munich)
Dr. Michael E. Wernle, +49-8102-8961-0
+49-8102-8961-11 fax
E-mail: michael@nanopierce.com
or
3S-Phoenix Inc., Chandler, Arizona
Klaus Utech, 480/961-1371
480/961-0162 fax
or
NanoPierce Technologies Inc., Denver
Paul H. Metzinger, 303/592-1010
303/592-1054 fax
E-mail: paul@nanopierce.com
or
Stock Enterprises
James R. Stock, 702/614-0003 (investor relations) |
