this one now down to .75...this yest:
BEIJING A.D.TECH ELECTRONICS Co, Ltd. Receives Certificate of Incorporation Whitehorne & Co. Ltd. Begins Analyst Coverage and Issues Research Report
TAUNTON, Mass.--(BUSINESS WIRE0--Dec. 7, 2000--Advanced Deposition Technologies, Inc. (NASDAQ: ADTC - news; BSI: DTI) announced today is has received incorporation documentation and business certification from the People's Republic of China for its joint venture as BEIJING A.D.TECH ELECTRONICS Co. Ltd herein referred to as ``BAE''. BAE has been formed to sell and manufacture metallized films for electronic components, microwave packaging and electrostatic packaging. A.D.TECH is participating on a 25% equity basis in combination with two prominent corporate partners from China and one from Taiwan. Production is expected to begin in the second half of 2001. BAE will utilize technology know how and patents presently owned by A.D.TECH, Inc.
Additionally, A.D.TECH announced the issuance of a research report and analyst coverage by Whitehorne & Company, Ltd. A printable version of the profile can be downloaded at the Whitehorne's website at www.thebrokerdealer.com, or at the Company's website, www.adtc.net.
Alan Davidson, Whitehorne's Partner and General Securities Principal, commented, ``We are excited to bring Advanced Deposition Technologies' story to the investment community. Our research effort confirmed our confidence in A.D.TECH as it positions itself as an industry and technology leader.'' Whitehorne (http://www.thebrokerdealer.com/), founded in 1991, is a full service brokerage firm with offices in Massachusetts, Rhode Island and New York offering a wide array of products and services for individual investors and corporations. Advanced Deposition Technologies, Inc. is a technology and market leader for metallized thin films, coatings and components thereof. The Company has primary product divisions in markets for electronic capacitors, microwave food packaging and electronic packaging materials selling in over fifty countries along with subsidiaries in Spain and Malaysia. The Company owns or has licenses to more than 36 patents and 10 patents pending. On a selective basis the Company licenses its proprietary thin film technologies and patents to partners who can accelerate revenue and earnings growth of A.D.TECH's unique products and technologies on a global basis. To receive A.D. TECH's latest news and other corporate documents visit A.D. TECH's web site at www.adtc.net or www.adv-dep.com.
Any forward-looking statements in this release are made pursuant to the ``safe-harbor'' provision of the Private Securities Litigation Act of 1995. Investors are cautioned that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, continued acceptance of the Company's products and services in the marketplace, competitive factors, new products and technological changes, dependence upon third-party vendors, a limited number of customers, political and other uncertainties related to customer purchases, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission.
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