Isonics Corporation
Isonics Corp. english
Corporate-News announcement sent by DGAP.
The sender is solely responsible for the contents of this announcement.
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ISONICS ANNOUNCES JOINT DEVELOPMENT PROGRAM WITH ADVANCED MICRO DEVICES
GOLDEN, CO (July 18, 2001) Isonics Corporation (NasdaqSC: ISON/ISONW) (OTCBB:
ISONL/ISONZ) and (Frankfurt: IO9) a leader in the development of isotopically
pure silicon-28 wafers for semiconductor device manufacture has announced that
Advanced Micro Devices (NYSE: AMD) was the partner not identified in the
previously announced silicon-28 joint development program.
James E. Alexander, Isonics President & CEO, commented: Our partner in the
recently announced Joint Development Program is AMD. We are pleased that AMD
has seen sufficient potential value in high thermal conductivity silicon-28 to
commit to a program to help determine the optimum design of silicon-28 wafers
which could potentially be used in the manufacture of AMDs future microprocessor
products.
Under the agreement AMD will share certain performance and yield data with
Isonics. AMD has requested that additional details of the program remain
confidential.
Isonics is a world leader in isotopically engineered materials and produces
isotopically pure silicon-28 chemicals and wafers for the semiconductor
industry. Isonics also markets and sells stable isotopes for the health care
industry such as carbon-13 for diagnostic breath tests and drug design, and
oxygen-18 for positron emission tomography (PET) imaging. Stable isotopes can
be thought of as ultra pure materials. For additional information visit
www.isonics.com.
Isonics Corporation
Dr. Stephen J. Burden
303-279-7900
Cameron Associates
Michael Brod
212-245-8800
michael@cameronassoc.com
Except for historical information contained herein, this document contains
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements involve known and unknown risks
and uncertainties that may cause the Companys actual results or outcomes to be
materially different from those anticipated and discussed herein. Further, the
Company operates in industries where securities values may be volatile and may
be influenced by regulatory and other factors beyond the Companys control.
Other important factors that the Company believes might cause such differences
are discussed in the risk factors detailed in the Companys 10-KSB for the year
ended April 30, 2000, and its quarterly report on Form 10-QSB for the nine
months ended January 31, 2001, both as filed with the Securities and Exchange
Commission, which include the Company’s cash flow difficulties, dependence on
significant customers, and rapid development of technology, among other risks.
In assessing forward-looking statements contained herein, readers are urged to
carefully read all cautionary statements contained in the Companys filings with
the Securities and Exchange Commission.
end of message, (c) DGAP 19.07.2001
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