MESA, Ariz., June 30 /PRNewswire/ -- Galtech Semiconductor Materials Corp.
(OTC Bulletin Board: GTSM) announced today that based on bookings for the
second quarter, ending June 30, 1997, received an order for $1,200,000 for the
Company's Cadmium Telluride large area single crystal semiconductor material.
Galtech president and CEO, Russell Chapman, stated that "Bookings for the
second quarter are substantially higher than those of the first quarter, which
it should be noted, is the initial sales period for the Company." Mr. Chapman
added that he is "extremely encouraged by the consistency and purity of the
Cadmium Telluride being produced and expects sales to continue to grow in the
Galtech Semiconductor Materials Corporation is an innovative research,
development, and manufacturing Company that specializes in developing new
technologies for a worldwide marketplace.
The above information may contain statements which are "forward looking"
as defined by federal law. While management has attempted to accurately
define financial information contained in this press release, there can be no
assurance nor can management guarantee that these results will occur or that
the successful completion of these acquisitions are imminent.
SOURCE Galtech Semiconductor Materials Corp.