Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (16690)	6/17/1999 11:06:00 AM
From: T2001	Read Replies (1) \| Respond to of 25711

Accord Advanced Technologies Announces Multimillion Dollar Contract From Microchip Technology Inc. to Provide Fully Remanufactured Semiconductor Manufacturing Equipment TEMPE, Ariz., June 17 /PRNewswire/ -- Accord Advanced Technologies, Inc. (OTC Bulletin Board: AVTI) announced today that it has received an order from Microchip Technology Inc. (Nasdaq: MCHP) to provide a fully remanufactured Applied Material (Nasdaq: AMAT) Endura(TM) P5500. Accord was chosen over a number of competing Physical Vapor Deposition (PVD) system manufacturers to supply its fully remanufactured multichamber Applied Materials Endura(TM) P5500 which is used in the critical process of manufacturing IC chips. Travis Wilson, president and chief executive officer of Accord Advanced Technologies, said, "This will be the third P5500 Endura system the company has remanufactured within the past year and our customers are very pleased, not only on a performance basis, but also because of the substantial costs savings they realized through working with Accord." "We are proud to be able to have Microchip as one of our valued customers. Accord will continue to deliver top-of-the-line, customized performance at much less of what might typically be paid by IC manufacturers," said Don Fuller, Accords Director of Marketing and Sales. "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 invoke 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. SOURCE Accord Advanced Technologies, Inc. /CONTACT: Investor Relations of Accord Advanced Technologies, Inc., 602-820-1400/ /Web site: accord-seg.com (AVTI MCHP)