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To: caly who wrote (6)	9/1/2005 1:39:51 PM
From: caly	Read Replies (1) \| Respond to of 1811

Renowned Scientist Dr. C.C. Teng Formally Joins PSI-TEC Staff Thursday September 1, 12:55 pm ET WILMINGTON, Del.--(BUSINESS WIRE)--Sept. 1, 2005--PSI-TEC Corp., a wholly owned subsidiary of PSI-TEC Holdings Inc. (Pink Sheets:PTHO - News), announced today that Dr. C.C. Teng has finalized employment agreement details with the company. Following a detailed two-month evaluation of PSI-TEC's breakthrough telecommunications material technology, Teng agreed to join the PSI-TEC staff in July. "Dr. Teng's validation of PSI-TEC's revolutionary electro-optic technology is a key step in establishing widespread industry credibility," commented Ron Genova, PSI-TEC advisory board member and former JDSU vice president. "Dr. Teng will aid in the current and future evaluation, optimization and commercialization of the company's high-performance electro-optic material designs. These materials are expected by PSI-TEC management to fundamentally alter the future technological landscape of telecommunications and high-speed computation." PSI-TEC's newly developed, molecularly engineered materials are the basis of the company's revolutionary technology innovations and product strategies in the commercial telecom and computer marketplaces. "I believe Dr. Teng's decision to join the company speaks volumes about his opinion for the commercialization potential represented by PSI-TEC's breakthrough materials," added Genova, who joined PSI-TEC's board from JDSU, where he was vice president and general manager of the company's Telecom Modules business unit. Prior to his tenure with JDSU, Genova worked for over 20 years in executive management with Bell Labs/Lucent Technologies (LU), a company that for over three decades has produced some of the most important and groundbreaking research in electro-optic plastics. "Several large companies, including DuPont, explored plastic modulators in the 1990s, but gave up when the telecommunications boom died," said Dr. Joseph Perry, a professor of chemistry for the Georgia Institute of Technology, in a recent interview with a local newspaper regarding PSI-TEC and the electro-optic polymer industry. "This work is now being pursued mostly by smaller companies like PSI-TEC. Recent advances in public and private laboratories have shown the technology has promise," said Perry, "The interest is growing again." About PSI-TEC PSI-TEC Corp. is a developmental stage company that engineers next-generation electro-optic (EO) plastics for future applications vital to modern commerce, homeland security, and medical technology. PSI-TEC's proprietary electro-optic plastics are produced at the molecular level for superior performance, stability and cost-efficiency and are expected to replace more expensive, lower-performance materials used in fiber-optic ground, wireless and satellite communication networks. For more information regarding PSI-TEC's mission, management and technology visit the company at www.psiteccorp.com.