Applied Films Corporation Receives Large Architectural Glass Coater Order
LONGMONT, Colo., July 24 /PRNewswire-FirstCall/ -- Applied Films Corporation (Nasdaq: AFCO - News), a leading supplier of thin film deposition equipment to the flat panel display (FPD), architectural, automotive and solar glass, and the consumer products packaging and electronics industries, today announced that it has received an order for a Terra-G(TM) system for the application of thin films primarily for the architectural and automotive glass market.
Applied Films' Chief Executive Officer, Thomas Edman stated, "We view this order as continued evidence of the success of our Terra-G platform offering for architectural and automotive solar control coatings, and look forward to its successful integration into our customer's state of the art process. This platform uses a unique modular design which offers the potential for improved start-up times and the ability to easily modify the coater to meet changing market needs. We expect to begin recognizing revenue on this project in the second fiscal quarter."
About Applied Films Corporation
Applied Films Corporation is a leading provider of thin film deposition equipment to the flat panel display, the architectural, automotive and solar glass, and the consumer products packaging and electronics industries. We have also developed a barrier coating solution technology for the plastic beverage bottle industry. Our deposition systems are used to deposit thin films that enhance the characteristics of a base substrate, such as glass, plastic, paper or foil. These thin films provide conductive, electronic, reflective, filter, barrier, and other properties that are critical elements of our customers' products. We also produce coated glass both directly and through a joint venture. Founded in 1976, the Company currently has approximately 550 employees world wide with its headquarters in Longmont, Colorado, and operations in Alzenau, Germany; Brussels, Belgium; Hong Kong and Shanghai, China; Seoul, Korea; Tokyo and Osaka, Japan; and Hsinchu, Taiwan. For more information, please visit Applied Films' web site at appliedfilms.com .
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SOURCE: Applied Films Corporation |
