Galtech Submits Form 10-SB Filing to the SEC

Sep 09, 1999, 01:00 ET from Galtech Semiconductor Materials Corp.

    PROVO, Utah, Sept. 9 /PRNewswire/ -- Galtech Semiconductor Materials Corp.
 (OTC Bulletin Board:   GTSM) today announced that it has completed preparation
 and submission of a Securities and Exchange Commission form 10-SB filing.
 President and CEO Dr. William F. Pratt explained the importance of this filing
 by saying, "This SEC application, once approved by the SEC, greatly enhances
 Galtech's access to potential new market makers, financial institutions, fund
 portfolios and relationships with brokers and analysts.  This development
 marks the next step in bringing Galtech's proprietary technology into
 commercial reality.  We look forward to the SEC approval of this application."
     Galtech is an innovative research and development company with its
 beginnings in the development and manufacture of high quality, specialty,
 compound semiconductor materials.  Galtech was reorganized in 1998 to
 manufacture compound semiconductor materials and is based in cadmium telluride
 (CdTe) process and product development.  Crystalline material made from this
 compound is capable of converting solar or other sources of radiant energy to
 electrical current.  Such materials are widely used in solar-cell arrays,
 lasers, infrared detectors and other devices.
     This press release includes forward-looking statements that involve risks
 and uncertainties.  It is not a solicitation to purchase or sell securities of
 Galtech Semiconductor Materials Corporation.  Readers should consult with
 their own independent tax, business or financial advisors with respect to any
 investment in this company.  For investor relations please call 623-825-2550
 or consult Galtech's web site at

SOURCE Galtech Semiconductor Materials Corp.