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Technology Stocks : GALTECH SEMICONDUCTOR MATERIALS CORP. (GTSM) -- Ignore unavailable to you. Want to Upgrade?

To: Dominick Papas who wrote (190)	7/14/1999 4:55:00 PM
From: Dominick Papas	Read Replies (1) \| Respond to of 394

To all GALTECH INITIATES SEC FILLING altech Initiates SEC Filing PROVO, Utah, July 14 /PRNewswire/ -- Galtech Semiconductor Materials Corp. (OTC Bulletin Board: GTSM) President, William F. Pratt, announced today that the Company has retained the services of a Salt Lake City law firm for the purpose of filing with the Securities and Exchange Commission (SEC). This filing will enable Galtech to become a full reporting company and greatly enhance its ability to access the investment capital the Company will require for future business development purposes. Galtech Semiconductor Materials Corporation (Galtech) is an innovative research-and-development company with its beginnings in the development and manufacture of high quality, specialty, compound semiconductor materials. Galtech was reorganized in 1998 to manufacture compound semiconductor materials and is based in a cadmium telluride (CdTe) process and product development. Crystalline material made from this compound is capable of converting solar or other sources of radiant energy to electrical current. Such materials are widely used in solar-cell arrays, lasers, infrared detectors and other devices. This press release includes forward-looking statements that involve risks and uncertainties. It is not a solicitation to purchase or sell securities of Galtech Semiconductor Materials Corporation. Readers should consult with their own independent tax, business and financial advisors with respect to any investment in this company. For investor relations please call 1-623-825-2550, or consult our web site at www.galtech-corp.com. SOURCE Galtech Semiconductor Materials Corporation CO: Galtech Semiconductor Materials Corporation ST: Utah IN: CPR OIL SU: 07/14/99 09:00 EDT prnewswire.com