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To: LK2 who wrote (3789)6/24/1998 8:58:00 AM
From: Candle stick  Respond to of 9256
 
JMAR Technologies Awarded Additional $950,000 for Continuation of X-ray
Lithography Source Development

SAN DIEGO (June 24) BUSINESS WIRE -June 24, 1998--JMAR Technologies,
Inc. (NASDAQ:JMAR), a rapidly growing provider of precision
micro-technology systems and products, today announced that it received
an additional $950,000 of contract funding from the U.S. Army Research
Laboratory, sponsored by the Defense Advanced Research Projects Agency
(DARPA), to continue development of the Company's Picosecond X-ray
Source (PXS) for semiconductor lithography applications. With this
funding, JMAR plans to continue the scaling of its PXS system to the
higher power levels that will be required for the cost-effective
fabrication of future high performance semiconductors. This award is
the second installment of a new, larger contract that JMAR expects to
negotiate within the near future.

John S. Martinez, Ph.D., JMAR Chairman and Chief Executive Officer,
commented, "To manufacture the high performance circuits of tomorrow,
leading semiconductor producers will need cost effective ways to
increase circuit density, or place more electrical pathways into a
smaller space. We believe that processes based on X-ray lithography
technology - because they have the potential to far surpass the circuit
density limitations of current optical lithography systems - will
ultimately be the industry's technology of choice."

Dr. Martinez continued, "JMAR's PXS technology is designed
specifically to overcome certain industry objections to other current
X-ray lithography approaches. We believe that our sources, once fully
developed, will provide the industry with the basis for cost effective
systems, no larger, physically, than the optical lithography sources
available today but capable of producing circuit feature sizes of 0.18
microns and smaller."

Pursuant to the Private Securities Litigation Reform Act of 1995: "The
statements regarding the products, projects, or processes currently
under development and the ability of the company to successfully
introduce those products into the commercial marketplace or to apply or
otherwise transfer those products, projects or processes to alternate
applications are forward-looking statements based on current
expectations that involve risks and uncertainties that could cause
actual results to differ materially from those set forth in the
forward-looking statements, including delays in shipment or
cancellation of orders, concentration of sales to certain markets and
customers, timing of future orders, customer reorganizations, failure
of advanced technology to perform as predicted, fluctuations in demand,
delays in development, introduction and acceptance of new products,
changing business and economic conditions in various geographic
regions, natural events such as earthquakes, flood and fire and the
other risks detailed from time-to-time in the company's reports which
are filed with the Securities and Exchange Commission."

JMAR Technologies, Inc. develops, manufactures and markets precision
measurement, process control and laser manufacturing systems, provides
custom semiconductor products for the microelectronics industry and is
a leading developer of advanced lithography sources for production of
future higher performance semiconductors.

-0- blm/sf*

CONTACT: Dennis E. Valentine, 619/535-1706

jmar.com

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