MESA, Ariz., April 8 /PRNewswire/ -- Galtech Semiconductor Materials Corp. (OTC BULLETIN BOARD: GTSM) announced today that it has reached an agreement to sell the Company's Cadmium Telluride large area single crystal substrate material to a semiconductor industry research group. While no sales figure was mentioned, Galtech president and CEO Russell Chapman stated that, "We're very satisfied with the pricing of the initial sale. The market for Cadmium Telluride substrates is expanding and we believe that our technology, built over 12 plus years, is just beginning to address rapidly growing commercial markets." Galtech Semiconductor Materials Corporation is an innovative research, development and manufacturing company that specializes in developing new technologies for a worldwide marketplace.
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