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Monday September 24, 11:29 am Eastern Time Press Release SOURCE: NanoPierce Technologies, Inc. NanoPierce Technologies, Inc. Expands WaferPierce Production Staff DENVER--(BUSINESS WIRE)--Sept. 24, 2001--NanoPierce Technologies, Inc. (OTCBB:NPCT - news) today announced the addition of key operational personnel to the Technology Group Facility in Colorado Springs as the WaferPierce production facility nears completion. Facility construction will be completed in October 2001, while operational status is targeted for January 2002. Stanley R. Grubbs has been appointed Director of Operations with full responsibility for North American production. He reports directly to Dr. Herbert J. Neuhaus, Executive Vice President of Technology and Marketing. Before joining NanoPierce, Mr. Grubbs was employed at the Department of Defense for 22 years. As the sole civilian Deputy Operations Officer at the Department of Defense, he was responsible for the inspection and repair of the M1 Abrams Combat Tank. Mr. Grubbs was classified as a Logistical Management Specialist and received 10 Sustained Superior Performance awards, 4 Special Act Awards, and the prestigious Civilian Medal For Special Service. During the Gulf War, he served with the US Marine Corps and received the Civilian Combat Medal. Mr. Grubbs said, ``I am looking forward to the challenge that lies ahead. The technical team is right on track. It is my intention to deliver a world-class operation for the production of WaferPierce. I am confident my background and experience will enable me to do just that.`` Lee W. Gaherty has joined NanoPierce as a Process Engineer Technician. Mr. Gaherty has over 20 years experience in semiconductor fabrication production. He has worked with a variety of firms in the Colorado Springs area including LSI Logic Corporation, Ford Microelectronics, Rockwell Semiconductor Systems, United Technologies Microelectronics Center, and Mostek Corporation. Mr. Gaherty is a recognized expert in photolithography and statistical process control (SPC). Mr. Gaherty said, ``I am thrilled to be part of the NanoPierce team. My experience in semiconductor production is a good match to the needs of NanoPierce, and I believe that my skills can quickly contribute to taking NanoPierce to the next level.`` ``We are very fortunate to have successfully recruited these two gentlemen,`` stated Dr. Herbert J. Neuhaus, Executive Vice President of Technology and Marketing. ``NanoPierce is at a defining moment: our focus will now be to complete the transition from a technology development and marketing company to a profitable, commercial production enterprise. As Director of Operations, Stanley will be accountable for the entire infrastructure needed to sustain operations. It`s a huge responsibility.`` Dr. Neuhaus further said, ``Lee brings to the team invaluable real-world manufacturing experience. Because I believe it is vital to keep R&D and Operations distinct, he will perform a pivotal role as we ramp-up production. Lee will be a conduit between the technology group and the production group with one foot firmly planted in each world. We have built an amazing team here in Colorado Springs.`` NanoPierce Technologies, Inc. of Denver, Colorado, USA, is traded on the Nasdaq stock market (OTCBB:NPCT - news) as well as on the Frankfurt and Hamburg (OTC:NPI - news). In addition to the 12 patents it owns, NanoPierce has numerous applications pending, others in preparation, and various other intellectual properties related to NanoPierce`s proprietary NCS (NanoPierce Connection System). This advanced system is designed to provide significant improvement over conventional electrical and mechanical interconnection methods for high-density circuit boards, components, sockets, connectors, semiconductor packaging and electronic systems. For more information on NanoPierce Technologies, Inc. please visit this web site: http://www.nanopierce.com This announcement contains forward-looking statements about NanoPierce Technologies, Inc. that may involve risks and uncertainties. Important factors relating to the company`s operations could cause actual results to differ materially from those in forward- looking statements and are further detailed in filings with the Securities and Exchange Commission available at the SEC website (http://www.sec.gov). All forward-looking statements are based on information available to NanoPierce Technologies, Inc. on the date hereof, and NanoPierce Technologies, Inc. assumes no obligation to update such statements. -------------------------------------------------------------------------------- Contact: NanoPierce Technologies, Inc. Paul H. Metzinger, 303/592-1010 303/592-1054 (fax) paul@nanopierce.com (e-mail) or NanoPierce Card Technologies GmbH Dr. Michael E. Wernle, +49-8102-8961-0 +49-8102-8961-11 (fax) michael@nanopierce.com (e-mail) or Stock Enterprises (investor relations) James Stock, 702/614-0003 |
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| aus der Diskussion: | NPCT Nanopierce Technologies WKN 916132 Thread V |
| Autor (Datum des Eintrages): | jetsia dax (24.09.01 19:03:15) |
| Beitrag: | 65 von 329 (ID:4490006) |
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