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Technology Stocks : SLIC Semiconductor Laser Intl.

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To: k sanford who wrote (96)11/28/1997 4:02:00 PM
From: Wesley0428  Read Replies (1) of 174
 
Semiconductor Laser International Corp. Announces Shipment of New 100 Watt QCW Laser Bars

BINGHAMTON, N.Y.--(BUSINESS WIRE)--Nov. 28, 1997--Semiconductor Laser International Corp. (SLI) (NASDAQ: SLIC, SLICW) announced today the successful development and shipment of 100 Watt QCW Laser Bars, further increasing a product line already incorporating state-of-the-art technology. This is twice the output power of products already offered for sale by the company.

This newly developed 100 Watt QCW Laser Bar was found to sustain peak performance through all phases of test, burn-in and lifetime.

SLI believes customers will find this product suited to a diverse range of applications, including those of the industrial and medical sectors and particularly for pulsed pumping of solid state lasers.

Dr. Geoffrey T. Burnham, president and CEO of SLI stated, "With the inclusion of 100 Watt QCW Laser Bars, SLI holds steadfast in its goal of providing the highest quality product for use in the expanding lucrative fields utilizing high tech laser devices."

Statements concerning results of future capital expenditures, production levels, sales levels, total assets, cash flow and earnings are forward looking statements. These statements are based on assumptions concerning production and sales, operating expenses, administrative expenses, interest and other financing costs that management believes are reasonable and based on currently available information. However, management's assumptions and the company's future performance are both subject to a wide range of business risks and there is no assurance that these goals and projections can or will be met. Further information is available in the company's filings with the Securities and Exchange Commission, which are incorporated by reference.

CONTACT:

Semiconductor Laser International

Richard Anderson, 607/722-3800

Fax: 607/722-3900

E-mail: sli@spectra.net

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