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Technology Stocks : AVTI - Accord Advanced Technologies

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To: Walter Morton who wrote (3)1/19/1999 12:12:00 PM
From: Walter Morton  Read Replies (1) of 25
 
EMPE, Ariz.--(BUSINESS WIRE)--Nov. 12, 1998--Accord Advanced Technologies Inc. (OTC BB:AVTI - news) announced Thursday that it has
received an order from Lockheed Martin (NYSE:LMT - news) to refurbish and reconfigure an Applied Material (Nasdaq:AMAT - news) Precision(tm)
P5000.

Accord was chosen over a number of competing Chemical Vapor Deposition (CVD) system manufacturers to supply its fully remanufactured multichamber Applied Materials Precision(tm) P5000 which is used in the critical process of manufacturing I C chips.

Travis Wilson, president and chief executive officer of Accord Advanced Technologies said, ''This is the first time the company has had the opportunity to reconfigure a machine on behalf of Lockheed Martin.'' Wilson went on to state that: ''We are proud to be able to add Lockheed Martin as one of our valued customers. Accord will continue to deliver top-of-the-line, customized performance at a fraction of what might typically be paid by our customers. We will
continue to help semiconductor manufacturers worldwide to conserve their budgets in the pursuit of solid profit generating assets.''

Accord Advanced Technologies Inc. is a provider of equipment remanufacturing and engineering consultant services to semiconductor manufacturers worldwide. Through its wholly owned subsidiary, Accord Semiconductor Equipment Group Inc., the company remanufactures, upgrades and provides full-service support for semiconductor wafer-processing systems and related consumables. Accord has also developed patented technologies that improve planarization techniques and has a patent pending that reduces green house gas emissions related to the manufacturing of semiconductors.

Note: Any statements released by Accord Advanced Technologies Inc. that are forward looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. These include economic, competitive, governmental, technological and other factors discussed in the company's filings with the Securities and Exchange Commission.

Contact:

Accord Advanced Technologies Inc., Tempe
Investor Relations, 602/820-1400

biz.yahoo.com
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