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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Jerry Olson who wrote (84851)2/25/2000 4:27:00 PM
From: Connor26  Read Replies (2) of 120523
 
GSLI news - up 1 afterhours
Friday February 25, 4:00 pm Eastern Time
Company Press Release
SOURCE: GSI Lumonics Inc.
GSI Lumonics Announces $1.5 Million in Capacity Expansion Orders For Linear and Mixed Signal Trim Systems
KANATA, Ontario, Feb. 25 /PRNewswire/ -- GSI Lumonics Inc. (Nasdaq: GSLI - news; Toronto: LSI - news) today announced that it has received an order, valued at $1.5 million, for Semiconductor Linear and Mixed Signal Trim Systems to address the capacity requirements of a major North American semiconductor manufacturer. This order follows quickly on the heels of a recent upsurge in business for semiconductor trim systems (GSI Lumonics Announces Over $7.5 million in Orders for Laser Trim Systems - January 28, 2000).

Laser Trim Systems allow semiconductor manufacturers to produce complex precision linear and mixed signal devices on smaller geometry die. Reduced die size lowers costs and complements industry demands for smaller package sizes which are driving the explosive growth in new applications for communications, consumer and personal computer industries.

``GSI Lumonics has captured the dominant share of the semiconductor laser trim market,' said Charles Winston, President & CEO, GSI Lumonics. ``We're seeing a significant increase in business across the entire market space as the demand for communications and personal electronics products explodes.'
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