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some basic info SCCI...quotes avail site below but they should be on OTC BB soon...paperwork is, i think, done and ready....close fri 1.60, 1.8m shares outstanding at end 1st qtr, filings avail at edgar using name superconductive components...select 'company name' rather than ticker symbol...also, excellent info avail at company www site: pinksheets.com recent releases: (COMTEX) B: SUPERCONDUCTIVE COMPONENTS INC - Magnesium Diboride (MgB2 B: SUPERCONDUCTIVE COMPONENTS INC - Magnesium Diboride (MgB2) Products Vancouver, BC, May 29, 2001 (Market News Publishing via COMTEX) -- Superconductive Components, Inc., a manufacturer of advanced ceramics including optical and battery materials, high temperature superconductive and non-superconductive products, announced the introduction of two magnesium diboride ("MgB2") products. MgB2 was recently discovered to be a superconductor and is expected to be used in a number of superconductor applications, in particular microelectronics, such as ultrahigh-performance analog-to-digital converters in all-digital software-defined radio systems for wireless applications. MgB2 is considered to be closer to the ideal material for superconducting electronics than any others discovered to date. Because of its high critical temperature ("Tc"), applications that have previously been limited to an upper operating temperature of 5 Kelvin (or -268 degrees C) can in the future be operated at temperatures that are much more easily reached with mechanical refrigerators. Since it is not as sensitive to the alignment of individual grains in the material, MgB2 promises to perform substantially better than existing ceramic High Tc superconductors. The need for precise grain orientation in High Tc materials makes device manufacturing extremely difficult. The fastest integrated circuits ("IC") in the world are currently being made with elemental niobium, cooled to 4.2 Kelvin. Magnesium diboride may enable even faster IC speeds at a higher and more convenient temperature. Superconductive Components, Inc. has produced high-density, phase pure, MgB2 targets for sputtering and laser ablation that can be utilized to produce films with Tc's up to 39K. Sputtering and laser ablation targets are the source material for the process equipment used to make microelectronic devices. The Company currently offers targets in planar and hollow cathode geometries. These targets are available, in planar configurations, in sizes from 1" to 12" diameter or as 1" x 1" to 8" x 5" rectangles that can be tiled to make arrays of any size. The hollow cathode or tubular configurations are available to fit most popular cathodes. The product can be sputtered using DC or RF power. The Company also provides MgB2 in powder form. John Rowell, pioneer in superconductive microelectronics and the Materials Institute Professor at Northwestern University, commented, "Magnesium diboride is truly a remarkable material and represents the most significant discovery of a new superconducting material since high-Tc superconductors in 1986. It seems to be an old-fashioned 'BCS superconductor,' but its transition temperature is a remarkable 39K, which is nearly twice the previous levels for such simple materials." Dr. Rowell continued, "If magnesium diboride films can be readily made by processes such as evaporation, sputtering or laser ablation, they will be particularly well suited for making the chips to be used in future superconducting digital applications such as computers, routers, switches and software defined radios for the wireless market. Considerable scientific research has taken place around the world since the discovery of superconductivity in magnesium diboride earlier this year, and ongoing efforts are expected to lead to accelerated utilization of MgB2 in commercial applications." Dr. Edward R. Funk, Sc.D., Chairman and CEO of Superconductive Components, said, "Magnesium diboride's ideal qualities serve as a catalyst for development of advanced digital circuits to be used in future generation products for the electronic and communications industries. This discovery follows a decade of limited progress in high Tc superconductors and represents an exciting new era for the industry. We plan to investigate additional commercial applications for MgB2 to complement our current product offerings." About Superconductive Components, Inc. Superconductive Components, Inc. manufactures advanced ceramics such as superconductors, ferroelectric and optical materials for use in wire, cable, sensors, batteries, wireless and fiber optics systems. The Target Materials, Inc. Division of the Company manufactures thin film materials for photovoltaics, flat panel displays, electronic switches, hardness and decorative coatings. The Company is a global materials supplier with clients in more than 40 countries. Additional information is available at superconductivecomp.com . Vancouver, BC, May 08, 2001 (Market News Publishing via COMTEX) -- Superconductive Components, Inc., a manufacturer of advanced ceramics, optical materials, and high temperature superconductive and non-superconductive products, announced record net income of $118,650 for first quarter 2001 versus a net loss of $49,233 for the same period last year. Net income per diluted share applicable to common stock was $0.06 versus a net loss of $0.06 in first quarter 2000. Weighted average shares outstanding were 41.5% higher than a year ago as a result of a private sale of common equity and conversion of debt to equity during the second half of 2000. First Quarter 2001 Results Revenues improved 33.1% to $1,060,180 for first quarter 2001 versus $796,346 the prior year. The increase in revenues resulted from improved product sales, $172,000 of tantalum sales, and $48,000 of scrap sales. In addition, the Company was awarded a Phase I SBIR grant from the National Science Foundation in January 2001 and $50,000 of the grant is included in first quarter 2001 revenues. Gross margin rose to $335,988 or 31.7% of revenues for first quarter 2001 from $145,820 or 18.3% a year ago. The increase is attributable to higher sales, improved utilization of production capacity, and lower sub-contractor costs. General and administrative expenses increased 32.2% to $145,252 for first quarter 2001 due to a number of one-time costs associated with additional regulatory filings and higher payroll costs. Sales and promotional expenses declined $11.3% to $65,968 for first quarter 2001 primarily as a result of lower commissions. Edward R. Funk, Sc.D., Chairman and CEO, commented. "We are very pleased with the record results for first quarter 2001, particularly given the substantial increase in common shares outstanding during the past year. The results were slightly ahead of our plan for the quarter. Initiatives are being pursued to increase marketing efforts and also leverage our intellectual property and production capabilities. Additionally, we are increasing staff and acquiring additional production equipment to position the Company for continued growth." Capital Expenditures First quarter 2001 capital expenditures totaled $74,000 versus $16,000 for the same period last year. Additional manufacturing machinery and equipment was acquired during the first three months of this year to accommodate increased production needs. Research Grants The National Science Foundation Phase I SBIR strontium ruthenate grant continues through June 30, 2001. This project is intended to lead to successful development of a new method for making ultra-fine particles of phase pure (nanocrystalline) strontium ruthenate (SrRuO3) utilizing new coordination compounds. These compounds will be an integral step toward commercial production of high-density sputtering targets of SrRuO3. The targets are expected to be used for thin-film electrodes in the next generation of high capacity stack storage capacitors. During first quarter 2001 the Company submitted several applications for grants to continue research involving lithium ion batteries, various forms of exhaust emissions, superconductor wire, and others. Notification concerning funding decisions regarding these projects is anticipated beginning second quarter 2001. Form 10-SB Registration Statement The Company resolved all outstanding issues concerning its Form 10-SB Registration Statement identified by the Securities and Exchange Commission through an amendment to the Form 10-SB filed on April 2, 2001, and has initiated efforts to re-list its common shares on the NASDAQ Over The Counter Bulletin Board (OTC BB). There is no assurance, however, that the Company's common shares will be accepted for re-listing on the OTC BB. The Company became a reporting company for purposes of the Securities Exchange Act of 1934, as amended, by operation of law sixty days after the Form 10-SB was initially filed on September 28, 2000, and as such is required to file regular quarterly and annual reports with the SEC. The Company filed its first Form 10-KSB with the SEC on April 2, 2001. COLUMBUS, Ohio, Feb. 8 /PRNewswire/ -- Superconductive Components, Inc. (OTC Bulletin Board: SCCI) today announced it has received a $100,000 Small Business Innovation Research Phase I grant from the National Science Foundation. The purpose of this grant is to develop a novel method for making ultra-fine particles of phase pure (nanocrystalline) strontium ruthenate (SrRuO3) utilizing new coordination compounds. Successful development of this compound is expected to be an integral step toward commercial production of high-density sputtering targets of SrRuO3. These targets are expected to be used for thin-film electrodes in the next generation of high capacity stack storage capacitors. One of the challenges facing the semiconductor industry is replacement of the traditional silicon dioxide/dual-doped poly silicon gate stack process, which has been the mainstay of Complementary Metal-Oxide-Silicon (CMOS) device manufacturing since its inception. Strontium ruthenate is also recognized as a leading replacement material in dielectric and ferroelectric thin film devices because of its metal-like conductive oxide qualities. Commercial applications include production of thin-films of SrRuO3, which will specifically be used to produce dynamic random access memory (DRAM) and ferroelectric random access memory (FRAM) for the semiconductor industry. One of the goals of this research is development of a molecular-level approach leading to future production of ultra-fine particles of phase-pure (nanocrystalline) strontium ruthenate. This powder will be used to develop a high-density strontium ruthenate ceramic material to be used commercially to produce thin-films of SrRuO3. These thin-films can also be used as a buffer layer between high-temperature superconductors and metals. SrRuO3 could become the electrode material of choice in the next generation of dielectric and ferroelectric devices, which utilize an electrode applied to either barium strontium titanate (BST) or lead zirconium titanate (PZT). Superconductive Components, Inc. manufactures advanced ceramics such as superconductors, ferroelectric and optical materials for use in wire, cable, sensors, batteries, wireless and fiber optics systems. The Company's wholly owned subsidiary, Target Materials, Inc., manufactures thin film materials for photovoltaics, flat panel displays, electronic switches, hardness and decorative coatings. The Company is a global materials supplier with clients in more than 40 countries. Additional information is available at: superconductivecomp.com . SOURCE Superconductive Components, Inc. -0- 02/08/2001 /CONTACT: J. R. Gaines, Jr., Vice President of Superconductive Components, Inc., 614-486-0261/ /Web site: superconductivecomp.com (SCCI) This company has a lot of things going for it in several high tech sectors. I expect them to be on the otc bb soon and in my opinion as the company becomes more widely known they will make it to nasdaq. Any important positve development here could have a significant impact on the company's market value due to the small outstanding and very low flt share situation. also, vice versa could happen as well...any negative news could hit stock price due to same situation. however, given the historical range of the stock price we are at the low end and given recent corporate developments the downside risk here is not much in my opinion. I strongly suggest reviewing the 10ksb for additional info on the company, its history, and its technology and products. Quite a handful. | ||||||||||||
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