You can probably guess who this contract is with. Also, look for further developments down the road on cab enclosures. AND, start adding up the recent semiconductor related orders...I think you end up with a very strong picture going forward for DAWK...this out this am:
(COMTEX) B: DAW TECHNOLOGIES, INC. ANNOUNCES APPROVAL OF ITS AIR ENTR
B: DAW TECHNOLOGIES, INC. ANNOUNCES APPROVAL OF ITS AIR ENTRANCE SYSTEM BY
MAJOR RETAILER
SALT LAKE CITY, Mar 20, 2000 /PRNewswire via COMTEX/ -- Daw
Technologies, Inc. (Nasdaq: DAWK) today announced today that its new
EnviroZone AES (air entrance system), that has been under development
for approximately 14 months, has been approved by one of the largest
retailers in the world for use on its new stores. The Company expects
to receive orders and deliver its product in this calendar year.
"The prototype unit, which was installed in the customers test store,
has been in operation for several months. The system has operated
extremely well and has demonstrated that our product is reliable and
functional. This retailer is expanding at a very aggressive pace and
have indicated that they will require over 500 Air Entrance Systems in
calendar year 2001," said Ronald W. Daw, president of Daw Technologies,
Inc.
Mr. Daw continued, "Our air entrance system was developed by applying
our advanced cleanroom air movement and filtration technology resulting
in a technically superior air entrance system. This retailer has
recognized the quality of our system and thus approved Daw Technologies
as one of its air entrance suppliers. We are extremely optimistic about
the market potential for our EnviroZone AES (air entrance system) and
believe it has broad application in other retail establishments
throughout the world."
The company has also received an order for its air entrance system from
another retailer and expects its customer base to expand as its system
becomes more widely recognized.
Air Entrances are used on large, high volume retail stores in lieu of
conventional swinging and sliding doors to help the store maintain
comfort in the front of the store, reduce liability and increase and
optimize the traffic flow in and out of the store.
Daw Technologies, Inc. provides ultra-clean manufacturing environments
for customers throughout the world and specializes in the design,
engineering, and installation of cleanroom systems that meet stringent
semiconductor manufacturing requirements. The Company, through its
diversification initiative, also manufactures a line of tractor sleeper
shells for heavy-duty truck manufacturers, door-less air entrance
systems for large retail establishments, and engages in contract
manufacturing. For more information, visit Daw on the Internet at
www.dawtech.com.
This news release contains forward-looking statements that involve
risks and uncertainties. Actual results and outcomes may differ
materially from those discussed or anticipated. Factors that might
affect the actual outcome include, but are not limited to, the length
and severity of the semiconductor industry downturn, decreases in
capital spending by semiconductor manufacturers, cancellation or delays
in existing contracts, increased competition in the cleanroom segment
of the industry, customer acceptance of new products, and a decline in
demand for semiconductors. For a more detail discussion of these and
associated risks, see the Company's most recent documents filed with
the Securities and Exchange Commission.
SOURCE Daw Technologies, Inc.
(C) 2000 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: Kevan Blair, Investor Relations of Daw Technologies, Inc.,
801-977-3100
WEB PAGE: dawtech.com
GEOGRAPHY: Utah
INDUSTRY CODE: ENV
CPR
SUBJECT CODE: PDT
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