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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (32366)	4/27/2000 12:15:00 AM
From: Return to Sender	Read Replies (1) \| Respond to of 52051

I always enjoy your point of view SW. Do you think that technology stocks are ready for a sustained rebound? Thanks, RTS

To: Stock Watcher who wrote (32366)	4/27/2000 9:40:00 AM
From: Jim O'Connell	Read Replies (1) \| Respond to of 52051

News on UNDY Thursday April 27, 8:39 am Eastern Time Company Press Release UniDyn Corp. Announces New Order for 35 Derritron Units Valued At $1,000,000.00 NEW YORK--(BUSINESS WIRE)--April 27, 2000--Aiming to set the standard in the quality assurance technology market UniDyn Corp, (OTCBB: UNDY - news) today announced that its wholly owned subsidiary, Derritron, has received a purchase order for 35 units of its Derritron electrodynamic shaker and related printed circuit board testing equipment from a US based manufacturing company. The contract upon delivery of all of the units is valued at $1,000,000.00. Since the acquisition of the Derritron product line in 1998 and closing of UK operations in 1999, UniDyn has focused on taking the necessary steps to begin full-scale production in the United States. Since January 3, 2000, the Company has been acquiring parts, lining up vendors and preparing its production line for larger volume business. Derritron President George Pearce stated, ``The size and scope of the order should help to establish Derriton's Shakers as a product to be reckoned with in the quality assurance marketplace. I would like to thank all of the people at Derritron that have made this possible. An order of this magnitude is a tribute to their dedication and tireless efforts.'' Derritron has agreed to deliver a test model to the customer by June 1st, 2000 and will be working together with the customer through this date to ensure that their required specifications are met. Subject to the customer's final testing to check the specifications, insuring compatibility and interfacing, UniDyn plans to execute full production, begin shipment and complete the contract requirements by November 1, 2000. UniDyn Chief Operating Officer John Provazek concluded, ``We are very confident that we can deliver a beta model to this customer by June 1st, work through any final issues and deliver on this contract in a timely fashion.'' About UniDyn Corporation UniDyn is a leader in the quality assurance testing market with emphasis on fully automated testing of printed circuit boards. UniDyn has recently completed a corporate reorganization in preparation for substantial growth. The Company will have three production divisions: the Phoenix, Arizona Avalon plant to produce the Sterling products, the Orem, Utah plant to produce the NorthStar and MorningStar products and during the first quarter of 2000, the Los Angeles plant to produce Derritron products. In addition, the Company has a separate research and development division located in Orem, Utah. Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission. -------------------------------------------------------------------------------- Contact: Investors: Juan Dominguez/Dian Griesel, Ph.D The Investor Relations Group New York, NY 212-736-2650