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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: LANCE B who wrote (14040)	8/18/1999 1:06:00 PM
From: Fact4	Respond to of 108040

News out on CTKT...Cetek Technologies Announces Major Breakthrough Development for Flat Panel Display Industry POUGHKEEPSIE, N.Y.--(BUSINESS WIRE)--Aug. 18, 1999--Cetek Technologies Inc. (Nasdaq:CTKT), manufacturer of advanced structural and electronic ceramics, Wednesday announced that it has developed two new materials in the ceramic family for use in the multibillion-dollar flat panel display industry. The two new materials, named "cordierite" and "perovskite," have special characteristics that make them a more suitable base material for many future demanding applications. Cetek Technology Chief Executive Officer and President Fayiz Hilal stressed the importance of the addition of these new materials in providing Cetek's customers certain competitive advantages in the flat panel display and communications field. Cetek Technologies' superiority in the field makes it possible now to produce large flat sheets of ceramic at a substantial cost advantage. This advantage has made it possible for Cetek to serve niche markets as well. Hilal advised further that both of these materials will complement Cetek's family of ceramic materials and products. There are many emerging markets for the flat panel displays, each with different requirements. Cetek produces and markets industrial ceramics for structural and electronic applications including aerospace, bioceramics, insulators and integrated circuit packages. Cetek is a material company with special emphasis in the ceramic-materials field. Safe-harbor statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including but not limited to certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. CONTACT: Cetek Technologies Inc., Poughkeepsie Fayiz Hilal, 914/452-3510 fayiz@cetektechnologies.com KEYWORD: NEW YORK BW0206 AUG 18,1999 9:41 PACIFIC 12:41 EASTERN