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Technology Stocks : Daw Technologies DAWK

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To: Leo Mitkievicz who wrote (389)6/16/1998 12:33:00 PM
From: Leo Mitkievicz  Read Replies (1) of 607
 
and here's another one:

Daw Technologies Receives New Contract for Approximately $2.6 Million
with Major North American Disc Drive Manufacturer


SALT LAKE CITY--(BUSINESS WIRE)--June 16, 1998--Daw Technologies Inc. (NASDAQ:DAWK - news), Tuesday
announced the award of a new $2.6 million contract with a North American storage technology company recognized as the
world's largest manufacturer of disc drives, magnetic disks and read-write heads.

The facility for which Daw has been contracted is a research and testing facility for leading-edge storage devices. The
hyper-sensitive nature of the manufacturing process requires that it take place under contamination controlled conditions. To
meet this requirement, Daw will provide approximately 20,000 square feet of class ''l0'' and ''l00'' cleanroom space.

Daw will provide the design/build solution for the cleanroom and will manufacture and install critical architectural components
including AiroFrame ceilings, NetWork walls and Matrix raised access flooring. The design and manufacturing portion of the
work is to begin immediately, with on-site construction to start during the fourth quarter of 1998. Project completion is
scheduled during the second quarter of 1999.

Ronald W. Daw, president and chief executive officer, commented, ''Doing business with repeat customers validates the
quality and reputation of our products and services. We are very happy with the relationship we have with this storage
technology company and believe we will continue to be a source of contamination control solutions for their future facilities.

biz.yahoo.com
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