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proven technology plus innovation found in the high- end Thermo Scientific HAAKE MARS rheometer. http://www.thermoscientific.com/mc
ltratech, Inc. (NASDAQ: UTEK) announced unaudited results for the three-month and nine- month periods ended October 2, 2010.
“During the quarter, the company received a signi- ficant multi-system LSA follow-on order from a large foundry in Asia to support the foundry’s 45-nm pro- duction ramp” For the third quarter of fiscal 2010, Ultratech reported net sales of $37.9 million as compared to $24.9 million during the third quarter of fiscal 2009. Ultratech‘s net income for the third quarter of 2010 was $4.9 million or $0.20 per share (diluted), as compared to net income of $1.0 million, or $0.04 per share (diluted) for the same quarter last year.
For the first nine months of 2010, Ultratech reported net sales of $97.0 million compared to net sales of $69.2 million in the first nine months of 2009. Ultratech reported net income of $10.5 million or $0.43 per share (diluted) during the first nine months of 2010, compared to net income of $0.7 million or $0.03 per share (diluted) for the first nine months of 2009.
Arthur W. Zafiropoulo, Chairman and Chief Exe- cutive Officer, stated, “Robust product demand for the company’s laser spike anneal (LSA) products, coupled with solid execution by the Ultratech team resulted in strong financial results during the third quarter. These results reflect our company’s com- mitment to helping customers solve complex lea- kage challenges for leading-edge devices, as well as
Ultratech’s ability to execute against our strategic objectives in order to maintain our market and tech- nology leadership.” http://ir.ultratech.com
Power, Inc., a leading global provider of silver- zinc battery technology, announced the quali-
fication of its automated assembly line for rechar- geable microbatteries. The line’s annual production capacity of one million batteries will meet the initial demand from manufacturers of miniature electronic devices, like hearing aids, cochlear implants and computer watches, as they leverage rechargeable, silver-zinc in their new product designs. The Com- pany has completed development of the two most popular batteries used in hearing aids, sizes 13 and 312, with completion of the 10 and 675 sizes slated for 2011. These sizes are equivalent to the SR41 (312), SR48 (13) and SR44 (675) in primary silver-oxide batteries. Beyond these standard sizes, other button and coin cell sizes will be made availa- ble based upon customer and application needs.
“Our high energy, silver-zinc technology is the key enabler for manufacturers to evolve their new pro- duct designs from disposable to rechargeable batte- ries,” states Troy Renken, ZPower’s Vice President of Product Planning and Electronics. “We are working with several semiconductor companies on charging solutions, and feel our product has potential appli- cation in many other premium electronic devices that could benefit from a non-lithium rechargeable microbattery.” http://www.zpowerbattery.com