To: jeff who wrote (7789 ) 4/14/1999 6:16:00 PM From: Bilberry Respond to of 9695
More Information on JMAR for NEW INVESTORS: These are JMAR's four main businesses:Precision instrument business —a $110 million market. JMAR's core business, precision positioning and measurement equipmen The total market size in which JMAR currently competes is estimated to be approximately $110 million and comprises primarily manufacturers of computer disk drives and semiconductors. The core business, in addition to generating most of JMAR's profits and sales, provides key positioning and optical measurement technology for JMAR's R&D programs in advanced machining technology and advanced X-ray lithography. (This division was hit by the Asian Crisis but is now recovering).jmar.com New advanced machining technology —a $500 million market. Britelight(tm);, JMAR's patented ultra-precision laser, was introduced in January 1999. Incorporating JMAR's precision motion control and positioning expertise and experience, Britelight is intended to replace many currently available fabrication tools to enable the manufacture of critical parts with a higher degree of precision. The potential market for Britelight applications is estimated at $500 million. jmar.com New fabless semiconductor business —a several hundred million dollar market. To take full advantage of its expertise in chip design and process technology, JMAR converted its semiconductor business to a fabless operation which designs and provides chips for a wide variety of uses. The fabless strategy minimizes capital requirements, maximizes speed and flexibility in meeting customer needs, and provides critical state-of-the-art market visibility for JMAR's laser and lithography activities. (This division is growing very rapidly and is now profitable) jmar.com New advanced X-ray lithography technology —a multi-billion dollar market. Lithography is a photographic process which uses precision light sources to copy intricate computer-generated electronic circuit designs onto semiconductor chips. It is the fundamental process in the manufacture of semiconductors. JMAR's point source X-ray lithography technology ("PXS") utilizes the Britelight laser to generate the X-rays required to print microscopic circuits much smaller than today's state-of-the-art circuit size. As the semiconductor industry moves into the pilot plant phase and then into full-scale production with chip manufacturing technology capable of producing feature sizes of 0.18 microns and smaller, JMAR will be ideally positioned to exploit the commercial advantages of its PXS technology. (Recent press release was on breakthrough in this area and of course the Business Week Article).jmar.com Investor's Daily Article on JMAR: jmar.com