Gary.
Here is the release.
Looks like mandatory type of release due to unexplained activity....so they say.
I see the runup started a few days ago, long before it was mentioned here, so there is something others know that ISON does not know.....What could that be? A raid?
Bill
Isonics Comments On Stock Activity
www2.marketwatch.com.
TUESDAY, DECEMBER 5, 2000 7:28:00 AM EST
GOLDEN, CO, Dec 5, 2000 ISON/ISONW and (Frankfurt: IO9) provided the following regarding the Company's recent stock activity.
Isonics' Chairman & CEO commented, "We believe the driver for the increase in activity of Isonics' common stock are discussions about Advanced Micro Devices' evaluation and use of Isonics' isotopically pure silicon-28 wafers. In the spirit of fair disclosure, we believe it is appropriate to comment and clarify the factual situation.
"In several instances we have stated that a major microprocessor manufacturer's model has indicated that a 35(0)C peak temperature reduction could be achieved using a bulk silicon-28 wafer in place of a natural silicon wafer for a 1 GHz microprocessor. Other modeling leads us to believe that a substantial part of that temperature benefit could be obtained with a silicon-28 epitaxial layer on a natural silicon substrate.
"On April 27, 1999, the Company announced that it delivered silicon-28 epitaxial wafers to AMD. On September 21, 2000, Isonics announced that it had delivered silicon-28 epitaxial wafers to a second microprocessor manufacturer in addition to AMD. We can confirm that Isonics has on-going business discussions with AMD and a number of other microprocessor and semiconductor manufacturers. As indicated in our press release dated April 26, 2000, we believe that we will enter into one or more licensing or development agreements by the end of our fiscal year ending April 30, 2001. We believe that there are excellent chances we will meet this objective.
"We are presently focused on substantially increasing our capability to produce silicon-28 epitaxial wafers to levels required to support typical commercial applications. Much of this will be done on an out-sourced basis. It will be necessary for us to invest in some additional in-house processing capacity to manufacture silicon-28 silane and trichlorosilane from enriched silicon-28, which we intend to purchase from a number of suppliers.
"As always, we are working to introduce silicon-28 to a wide range of potential customers with the goal of obtaining commercialization at the earliest possible time."
The text of these press releases may be found on www.isonics.com or is available as a fax from Cameron Associates.
Isonics is a world leader in isotopically engineered materials and produces isotopically pure silicon-28 chemicals and wafers for the semiconductor industry. Isonics also markets and sells stable isotopes for the health care industry such as carbon-13 for diagnostic breath tests and drug design, and oxygen-18 for positron emission tomography (PET) imaging. Stable isotopes can be thought of as ultra pure materials. For additional information visit www.isonics.com.
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. 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, 2000 and other filings with the Securities and Exchange Commission. 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: Cameron Associates Isonics Corporation
Michael Brod James E. Alexander
212-245-8800 303-279-7900
michael@cameronassoc.com
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