10-02 :: February 2010
nanotimes
33
Companies
Facts
QD Vision is a finalist in the Energy & Sustainability with a long history in our state; we are honored to
category, one of more than 10 categories honored by make their list again this year.”
the Edison Awards. The Quantum Lightt™ Optic ena-

http://www.spirecorp.com
bles LED lighting companies to produce lamps and
downlight fixtures that combine the familiar warmth
and color of incandescent bulbs with the energy ef- R
evenues for the third quarter of fiscal 2010 of
Tegal Corporation (NASDAQ: TGAL) were $5.1
ficiency of LED technology. It marks a breakthrough million, an increase from the same period last year
for LED-based products; by delivering extraordinary of $600K and from the second quarter of fiscal 2010
color quality, high-power efficiency, manufacturing by $2.0 million. Tegal reported a net loss of ($8.8)
versatility, and significant cost savings. And, the million, or ($1.04) per share, for the quarter, compa-
Quantum Light™ optic avoids the major tradeoffs red to net loss of ($1.4) million, or ($0.19) per share
typical of all other lighting technologies. in the same period last year, and a net loss of ($1.7)
million, or ($0.20) per share in the prior quarter. This
The Edison Awards, a peer-review honor similar to quarter’s net loss included an inventory impairment
the Oscars, is voted on by roughly 2,000 members provision of $7.8 million.
of the not-for-profit Marketing Executives Networ-
king Group (MENG), America’s top executives and Operating loss for the third quarter was ($8.5) milli-
academics. The awards symbolize the persistence on, including approximately $0.9 million of non-cash
and excellence personified by Thomas Alva Edison, charges and $7.8 million of a loss provision. Exclu-
inspiring America’s drive to remain in the forefront ding the non-cash charges and the loss provision,
of innovation, creativity and ingenuity in the global the operating income for the quarter would have
economy. Thomas Edison created four industries been $0.2 million. Operating loss in the same period
without which modern life cannot function. The four, last year was ($1.4) million. That period’s operating
now among the world’s largest, are electric power expenses included $0.5 million of non-cash charges.
generation, recorded sound, motion pictures, and The operating loss for Q2 of this fiscal year was
electric light bulbs. ($1.8) million, which included $0.5 million of non-

http://www.qdvision.com cash charges.
S
pire Corporation (NASDAQ: SPIR) has been Backlog at the end of the quarter was $3.0 million.
ranked number nine on the Boston Business Tegal is a leading designer and manufacturer of
Journal‘s Book of Lists 2010 as one of the Fastest- DRIE, plasma etch, and deposition systems used in
Growing Public Companies in Massachusetts over the the production of MEMS, power semiconductor, and
last three years. Spire‘s percent of revenue growth optoelectronic devices.
from 2006 to 2008 was 240%. “Spire is very familiar

http://www.tegal.com
with being on Boston Business Journal‘s prestige Book
of Lists,” said Roger G. Little, Chairman and CEO of
Spire Corporation. “They are a respected publication V
eeco Instruments Inc. (NASDAQ: VECO) has
been awarded $4 million in R&D matching