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Technology Stocks : Intermagnetics (IMG) -- Ignore unavailable to you. Want to Upgrade?

To: Mark Shaw who wrote (3089)	6/3/1999 7:24:00 PM
From: Gerald Thomas	Read Replies (2) \| Respond to of 3448

A good first step... Exactly what investors want to hear... A wish list? How does IMG take the technology of superconducting and make products and markets better...How does this high technology improve what is out there... 1.Faster trains 2.faster computers 3.more efficient power utilities 4.better food inspection systems Or whatever... A good first step... Intermagnetics Appoints Robert Sokolowski to Corporate Market Development Position New Position To Focus On Business Expansion Opportunities June 3, 1999 11:08 AM LATHAM, N.Y., June 3 /PRNewswire/ -- Intermagnetics General Corporation (Amex: IMG) today announced the appointment of Dr. Robert S. Sokolowski to Vice President of Market Development for Intermagnetics' Advanced Superconductors, Magnet Business Group and Technology Development divisions. Sokolowski will report to President and Chief Executive Officer Glenn H. Epstein and is charged with the responsibility of identifying and quantifying new markets for the those divisions. The divisions are among some of most important within the company and include applications for the company's ultra high-field superconductors (such as KSTAR), innovative magnet designs (such as FT-ICR and 300mm silicon crystal pullers) and high temperature superconductor (HTS) materials and applied devices. Sokolowski, 46, brings to Intermagnetics a career-long focus in the field of materials science sharpened through his extensive experience with Olin Corporation, Allied Signal and NASA. In 1992, Sokolowski joined Intermagnetics as Program Manager of the High Temperature Superconductor development operation and was promoted to Vice President/General Manager of IGC-Advanced Superconductors located in Waterbury, Connecticut in 1996. In this most recent position, Sokolowski was responsible for the full operation and technical direction for the entire Waterbury division. Sokolowski's academic background includes B.S. and Ph.D. degrees in Materials Engineering, a B.S. in German and an MBA in Management. His linguistic skills include fluency in Japanese in addition to German. Sokolowski will reside in the Albany, New York area with his wife and teenage children. "Bob will fill a crucial need within our organization," stated, Epstein, "His unique knowledge of Intermagnetics' businesses combined with his reputation and network of industry contacts will help IGC to better access new and expanding markets for the Company's breadth of cryogenic and magnet technologies. I am confident that this newly created position will help us achieve our strategic goals leading to profitable and sustainable growth for Intermagnetics." Intermagnetics is the largest integrated developer and manufacturer in the United States of low-temperature and high-temperature superconducting magnets, wire and cable as well as associated low-temperature refrigeration equipment, and radio-frequency (RF) coils, the combination of which is essential to successful application of superconductivity such as Magnetic Resonance Imaging (MRI). The Company is dedicated to the development and commercialization of applied superconductivity and refrigeration systems to the medical and electric power equipment industries among others. The Company also supplies materials inspection systems, materials separation equipment and FRIGC(R) refrigerants as replacements for ozone-depleting refrigerants.