To: SSP who wrote (4315 ) 7/20/1999 1:13:00 AM From: Jim Bishop Respond to of 150070
Email spam just in, don't know this one. Symbol makes a word, LOL, sort of - UNDY --------- UniDyn Corp. (OTC BB: UNDY) On Strong Growth Path. Company Profile - UniDyn Corp. Shares O/S - 32,000,000 Public float - 12,000,000 52 week Hi/Low - $1.10/0.10 Closing Price 07-19-99 - $0.36 HIGHLIGHTS * Part of a $56 Billion industry. * A leader in Quality Assurance Testing Systems for PCB market. * Revenue earner with $2.1 million in sales for fiscal '98. * Projected earnings of $0.33 in first year of Sterling rollout. * $42 million commitment from Japanese OEM for Sterling System. * Low market capitalization. * Qualified and experienced management team. * No debt. ABOUT UNIDYN Unidyn Corp. is a leading manufacturer of Quality Assurance Testing Equipment for the Computer and Electronics industry. The primary assets of the company are: 1) Northstar Vibration Control Systems, 2) Derritron Shakers and 3) Sterling Test Systems. The company's flagship product is the Sterling device which tests the reliability of electronic circuit boards (PCB's) with a near 100% accuracy rate. During fiscal '98 the company's Northstar division recorded sales of $2.1 million. In 1998 the company acquired Derritron the second largest Shaker manufacturer in the United Kingdom. Derritron has approximately $10 million dollars in tangible and intangible assets. Founded in 1989 as a private company, public since December 1997 Unidyn Corp. is a fully reporting company, is profitable, and carries no debt. A $56 BILLION INDUSTRY Every electronic component has a PCB - more commonly referred to as motherboards. Until now, the only testing available for PCB's was vibration and X-ray which only have a 35% reliability rate. These processes verify the products endurance to stress, and nominally scan the surface of the product for loose or broken connections. Additionally, neither current technologies can be applied on the production line due to speed limitations. A STERLING FUTURE The flagship of UniDyns future, Sterling (patent pending) is a revolution in the electronics and computer industry that promises to change the landscape of quality assurance. Sterling is the first and only quality assurance device that can, with 100% reliability, determine quantitatively the life expectancy of a printed circuit board directly on the assembly line. The current costs associated with faulty PCBs returned to manufacturers like IBM, Fujitsu, Hitachi, and Texas Instruments, to name a few represent 4 to 7% of this 50 billion dollar industry. Sterling allows the electronic manufacturer to test the PC board directly off the assembly line resulting in significant savings to the OEM in warranty returns. Sterling will enable to manufacturers to reduce their returns to less than 1%. In test cases conducted by IBM and AC Delco, the system was 100% accurate in detecting workmanship defects. The company has firm commitments from Japanese OEM's for $42 million annually with product shipments to begin in early 2000. GROWTH STRATEGY FOR 1999 Management is setting a rapid pace of growth for Unidyn. The Northstar division has shown steady growth with sales of 40 units in 1995 to 180 units in 1998 with demand expected to remain strong into the new millennium. The launch of Unidyn's new Sterling technology in early 2000 is a giant leap forward in the Quality Assurance testing industry. With current commitments of $42,000,000 from Japanese OEM's annually the company projects earnings of $0.33 in the first year. With 10% market share the company projects earnings of $150,000,000 annually within 5 years. For further information please contact: Head office: 602-979-2800 * Fax: 602-979-2928 Investor Relations: 1-877-900-5021 Website: unidyn.com Email: ron_halverson@unidyn.com Certain statements and information contained herein are forward-looking statements. While these statements reflect the Corporation's current beliefs, they are subject to uncertainties and risks that could cause actual results to differ materially. These factors include, but are not limited to, the demand for the Corporation's products and services, economic and competitive conditions. ********************************************************************* This is a FREE service brought to you by Bulletin Express. The information contained herein is sponsored by the company. IT IS NOT AN OFFER TO BUY OR SELL SECURITIES! As a subscriber you receive up to 3 bulletins per week. If you do not wish to receive this service or have received it in error reply with UNSUBSCRIBE within the subject header.