Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : RHOMBIC CORP.(NUKE.Nasdaq BB) Daimler Benz Aerospace JV -- Ignore unavailable to you. Want to Upgrade?

To: Willithit who wrote (764)	5/20/1999 11:41:00 AM
From: Chuck Rubin	Read Replies (1) \| Respond to of 1364

Thursday May 20, 9:45 am Eastern Time Company Press Release Rhombic Corporation - Daimler Chrysler Aerospace Delivers First IEC Report VANCOUVER, B.C.--(BUSINESS WIRE)--May 20, 1999--APPROVED BY DAIMLER CHRYSLER AEROSPACE. (A Company of the Daimler Chrysler group) NYSE: CDX Rhombic Corporation, (OTC BB: NUKE), through its subsidiary, Rockford Technology Associates (RTA), received its first annual report in accordance with the 1996 license agreement between Daimler Benz Aerospace (DASA), the University of Illinois, and RTA. Highlights of the report produced by DASA's new FusionStar unit include development of the inertial electrostatic confinement device (IEC) as a point source neutron generator to the commercial stage. Market interest for the IEC neutron generators continues. Presentation and test site demonstrations have been made to a number of prospective original equipment manufacturer customers. The applications of the IEC demonstrations included ON-LINE MINERAL ANALYSIS, SECURITY INSPECTION SYSTEMS, and LAND MINE DETECTION. In all cases, the prospective customers responded with technical requirements. The technical collaboration continues between the University of Illinois Fusion Studies Laboratory and DASA FusionStar. The goal is to scale up the fundamental research support and to enlarge the FusionStar development team. IEC may be further developed for: --AN OPTIONAL GAS MIXTURE THAT PROVIDES HIGHER NEUTRON ENERGY AND FLUX. --A PULSED NEUTRON GENERATOR THAT PROVIDES HIGHER NEUTRON FLUX AND PULSED MODE OPERATION --THE LINE SOURCE CHAMBER THAT WILL BE PULSED. In accordance with the License Agreement, a first payment of minimum royalties for 1998 has been received by Rhombic Corporation through its subsidiary RTA. Contact: Rhombic Corporation Mike Skerry, 888/821-6607 or view its website: rhombic.com