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Microcap & Penny Stocks : AVTI - Accord Semiconductor Equipment Group
AVTI 0.000001000-90.0%Jun 3 10:18 AM EST

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To: Due Diligence who wrote (22)2/24/2000 8:00:00 PM
From: E.B.   of 92
 
Accord Advanced Technologies Announced Creation of a New Service Division (Accord Global Solutions) and Appointment of Strategic Service Manager
TEMPE, Ariz., Feb. 24 /PRNewswire/ -- Accord Advanced Technologies, Inc. (OTC Bulletin Board: AVTI) announced today that it has established a new service division of Accord Semiconductor Equipment Group, Inc. the company's wholly owned subsidiary.

Travis Wilson, president and chief executive officer of Accord Advanced Technologies said, "A service division for our subsidiary Accord Semiconductor Equipment Group will bring a very profitable addition to our company and will further our ability to assist our customers in finding solutions to the normal issues facing their Wafer Fabrication Facilities (FAB). Accord Global Solutions will also strengthen our markets in that the company will have more of an internal presence within the FAB environment." Mr. Wilson went on to state that "I am also pleased to announce the appointment of Mr. Glenn Graves as the manager of the service division. Mr. Graves, an electrical engineer, comes to us from Applied Materials where he spent the past eleven years in increasingly responsible productivity output management positions. His most recent position was Field Service Supervisor assigned to the Intel Corporation."

Accord Advanced Technologies, Inc. is a leader in providing re- manufactured capital equipment and engineering services based solutions to semiconductor manufacturers worldwide. Through its wholly owned subsidiary, Accord Semiconductor Equipment Group, the company remanufactures, upgrades and provides full-service support solutions for semiconductor wafer-processing systems and related consumables. Accord has also developed patented technologies that improve planarization techniques as well as patents pending, e.g.: reducing green house gas emissions related to the manufacturing of semiconductors.

Note. Any statements released by Accord Advanced Technologies, Inc. that are forward looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward-looking statements invoke risk and uncertainties that may affect the company's business prospects and performance. These include economic, competitive, governmental, technological and other factors discussed in the company's filings with the Securities and Exchange Commission.

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SOURCE: Accord Advanced Technologies, Inc.
CONTACT: Accord Advanced Technologies, Inc. Investor Relations, 800-555-1525
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