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Technology Stocks : GALTECH SEMICONDUCTOR MATERIALS CORP. (GTSM) -- Ignore unavailable to you. Want to Upgrade?

To: Dominick Papas who wrote (193)	9/12/1999 12:28:00 AM
From: Dominick Papas	Respond to of 394

GTSM is moving in the right direction, see latest report. Galtech Submits Form 10-SB Filing to the SEC PROVO, Utah, Sept. 9 /PRNewswire/ -- Galtech Semiconductor Materials Corp. (OTC Bulletin Board: GTSM) today announced that it has completed preparation and submission of a Securities and Exchange Commission form 10-SB filing. President and CEO Dr. William F. Pratt explained the importance of this filing by saying, "This SEC application, once approved by the SEC, greatly enhances Galtech's access to potential new market makers, financial institutions, fund portfolios and relationships with brokers and analysts. This development marks the next step in bringing Galtech's proprietary technology into commercial reality. We look forward to the SEC approval of this application." Galtech is an innovative research and development company with its beginnings in the development and manufacture of high quality, specialty, compound semiconductor materials. Galtech was reorganized in 1998 to manufacture compound semiconductor materials and is based in cadmium telluride (CdTe) process and product development. Crystalline material made from this compound is capable of converting solar or other sources of radiant energy to electrical current. Such materials are widely used in solar-cell arrays, lasers, infrared detectors and other devices. This press release includes forward-looking statements that involve risks and uncertainties. It is not a solicitation to purchase or sell securities of Galtech Semiconductor Materials Corporation. Readers should consult with their own independent tax, business or financial advisors with respect to any investment in this company. For investor relations please call 623-825-2550 or consult Galtech's web site at www.galtech-corp.com. SOURCE Galtech Semiconductor Materials Corp. CO: Galtech Semiconductor Materials Corp. ST: Utah IN: CPR SU: 09/09/1999 06:30 EDT prnewswire.com