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To: Greg h2o who wrote (29801)	2/20/2001 1:46:06 PM
From: signist	Read Replies (1) \| Respond to of 42804

Is this what those things look like??? Align Technology - Deutsche Banc Alex. Brown's Bruce Jacobs Initiates Research Coverage NEW YORK, Feb 20, 2001 /PRNewswire via COMTEX/ -- Deutsche Banc Alex. Brown analyst Bruce Jacobs today initiated coverage of Align Technology, Inc. (Nasdaq: ALGN) ($13.16), a developer, manufacturer and marketer of invisible adult orthodontic braces. Jacob's initiated research coverage with a STRONG BUY investment rating. Jacobs' positive outlook is based on the following: -- Align already serves close to a $1 billion annual market opportunity that should expand even further due to the Invisalign System. -- Align's revolutionary technology creates compelling benefits for patients versus conventional treatment options. -- The Invisalign System is particularly appealing to orthodontists, who stand to benefit significantly from the product. -- Align's significant lead in this market, its sophisticated manufacturing processes, and its strong patent position represent significant barriers to entry. -- Align's business model is compelling given the potential to generate exceptional growth and strong profitability. -- The company has a strong management team and financial backers. "As an industry pioneer, Align has developed an enviable competitive position. The company has established an excellent intellectual property position, created a strong brand name, established strong relationships with orthodontists, built a sophisticated manufacturing process and grown at an extremely rapid pace, all in the absence of any direct competition," said Jacobs. Jacobs' year-end price target on the shares of Align is $30. Deutsche Banc Alex. Brown is the investment banking and securities arm of Deutsche Bank AG in the United States. With a market capitalisation of about Euro 60 billion and 95,000 employees, Deutsche Bank offers its clients unparalleled financial services throughout the world in over 60 countries. It ranks among the leaders in asset management, capital markets, corporate finance, custody, cash management and private banking. Deutsche Bank is organised in two customer-oriented Groups: "Corporate and Investment Bank" (CIB) and "Private Clients and Asset Management" (PCAM). The keys to the Bank's success remain constant: customer focus, the spirit of innovation, a broad range of product skills combined with technological power and financial strength delivered by highly skilled professionals. Deutsche Banc Alex. Brown Inc. maintains a net primary market in the common stock of Align Technology Inc. Within the past three years, Deutsche Banc Alex. Brown Inc. has managed or comanaged a public offering of Align Technology Inc. Information herein is believed to be reliable and has been obtained from sources believed to be reliable, but its accuracy and completeness cannot be guaranteed. Opinions, estimates, and projections constitute our judgment and are subject to change without notice. This publication is provided to you for information purposes only and is not intended as an offer or solicitation for the sale of any financial instrument. Deutsche Banc Alex. Brown Inc. and its affiliates worldwide, may hold a position or act as market maker in the financial instruments of any issuer discussed herein or act as advisor or lender to such issuer. Transactions should be executed through a Deutsche Bank entity in the client's home jurisdiction unless otherwise permitted by law. Deutsche Banc Alex. Brown Inc. is a member of NYSE and NASD. SOURCE Deutsche Banc Alex. Brown Inc. CONTACT: Christine Cortezi, 410-895-3418, christine.cortezi@db.com, or Dana Rucker, 410-895-3284, dana.n.rucker@db.com, both of Deut che Banc Alex. Brown Inc. URL: dbgroup.com prnewswire.com (C) 2001 PR Newswire. All rights reserved. -0- KEYWORD: New York INDUSTRY KEYWORD: FIN MTC HEA SUBJECT CODE: RTG * end of story *