To: Stefan Habermayer who wrote (421 ) 12/4/1998 12:27:00 PM From: al Read Replies (1) | Respond to of 607
looks like dawk is here to stay and ability to still get contracts proves it hopefully semi industry is beginning a turnaround Friday December 4, 11:57 am Eastern Time Company Press Release Daw Technologies Inc. Awarded North American Contract Valued in Excess of $3 Million SALT LAKE CITY--(BUSINESS WIRE)--Dec. 4, 1998--Daw Technologies Inc. (NASDAQ:DAWK - news), has been awarded a new contract valued in excess of $3 million with a large North American manufacturing company constructing a new fabrication facility in Mexico. While the contract amount is yet to be finalized, work is scheduled to begin immediately on the 15,000 square foot, Class 100 cleanroom facility. On-site construction will begin during the first quarter of 1999 with final completion scheduled during April of 1999. This contract is the first project Daw Technologies has received to be completed in Mexico. ''We are very pleased to be awarded this contract'' stated Steve Burt, senior vice president of field operations. ''In addition to a rapid response to their bid request, the customer required immediate mobilization to begin the manufacturing and construction project. ''We were clearly able to demonstrate our ability to offer a complete turnkey cleanroom operation in a very short period of time. Due to this short time frame we continue to work out the details of the project and estimate the total project could be as high as $4 million.'' Daw Technologies Inc. provides ultra clean manufacturing environments for customers throughout the world and specializes in the design, engineering, manufacturing and installation of cleanrooms meeting stringent semiconductor manufacturing requirements, eliminating particles up to 1,000 times smaller than the diameter of a human hair. The company also produces a new line of semi tractor sleeper shells. The information discussed in the previous paragraphs contains forward looking statements that are subject to risks and uncertainties that could result in actual results differing materially from those projected. These risks and uncertainties could include, but are not limited to, the climate of the semiconductor industry, the timing of significant customer orders, product pricing pressures and challenges from competitors. Contact: Daw Technologies Inc., Salt Lake City Kevan Blair, 801/977-3100 www.dawtech.com