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Technology Stocks : GALTECH SEMICONDUCTOR MATERIALS CORP. (GTSM)

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To: Dominick Papas who wrote (123)6/10/1997 12:40:00 PM
From: mark yuen   of 394
 
Tuesday June 10 9:30 AM EDT

Company Press Release

Source: Galtech Semiconductor Materials Corp.

Galtech Awarded Patent in Motor/Generator Division

MESA, Ariz., June 10 /PRNewswire/ -- Galtech Semiconductor Materials Corp. (OTC BULLETIN BOARD:GTSM)
announced today that the Company had received approval from the U.S. Patent Office on its patent, including 22 claims,
for the Company's Motor/Generator technology.

Russell Chapman, President and CEO of Galtech, stated that ``in a controlled laboratory environment, the permanent
magnet brushless D.C. motor/generator technology delivers electrical power at new levels of performance and efficiency
not seen in today's state of the art motors and generators. Its important to note that continued prototype testing confirms
design objectives.''

Mr. Chapman added that ``this technology could provide a limitless source of low-cost energy. For example, our
Motor/Generator could provide the ideal source of energy for electrically powered vehicles that require optimum
performance, vastly extending the present driving distance and significantly reducing the present number of batteries
required to power current electric vehicles short distances.''

Galtech Semiconductor Materials Corporation is an innovative research, development and manufacturing company that
specializes in developing new technologies for a worldwide marketplace.

SOURCE: Galtech Semiconductor Materials Corp.
Contact: Bill Tunnell of North American Corporate Consultants, Inc., 602-561-1300
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