Illinois Superconductor (Nasdaq-OTC:ISCO.OB) - 500 Beiträge pro Seite
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Bei ISCO hat sich in letzter Zeit einiges getan. Die Uebernahme von ANF Canada fuehrte zu einer Beteiligung von Lockheed Martin (NYSE:LMT), die immerhin ihren CEO Canada im Board von ISCO plaziert haben. Kurz nach der gaenzlichen Entschuldung des Unternehmens durch eine Umwandlung von convertible notes hat ISCO genehmigtes Kapital bei der SEC eintragen lassen. Ausserdem laufen Feldversuche mit u.a. Verizon sowie eine Kooperation mit KMW Korea.
All das scheint Hoefer & Arnet zu einem coverage von ISCO veranlasst zu haben. Kann mir jemand mehr zu diesem Report sagen?
Monday January 22, 5:28 pm Eastern Time
Press Release
SOURCE: Hoefer & Arnet, Incorporated
Hoefer & Arnet Issues a Research Report on New
Wireless Technology
SAN FRANCISCO, Jan. 22 /PRNewswire/ -- Hoefer & Arnett analyst Mark Miller has issued a research report on new wireless
technology that highlights these companies:
Conductus -- (Nasdaq: CDTS - news)
Illinois Superconductor Corp -- (OTC Bulletin Board: ISCO - news)
Metawave Communications Corp. -- (Nasdaq: MTWV - news)
Superconductor Technologies Inc. -- (Nasdaq: SCON - news)
SOURCE: Hoefer & Arnet, Incorporated
Komisch, dass sich niemand fuer diesen Chart zu interessieren scheint. Mich hat er eigentlich gleich ziemlich geschaerft ...
Hi Gatsby,
ich bin in American Superconductor (AMSC) investiert.
Die haben es geschafft supraleitende Drähte zu entwickeln.
Die Vermarktung lässt noch ein bisschen auf sich warten...
Was ist das besondere an ISCO ?
Gruss
ich bin in American Superconductor (AMSC) investiert.
Die haben es geschafft supraleitende Drähte zu entwickeln.
Die Vermarktung lässt noch ein bisschen auf sich warten...
Was ist das besondere an ISCO ?
Gruss
Re: Ibull
Illinois Superconductor baut Entstoerfilter fuer drahtlose Kommunikation. Das Besondere ist die extreme Leistungsfaehigkeit des Produkts, das Stoerungen innerhalb eines Frequenzbandes mit einer Reaktionszeit von 20 Millisekunden behebt. Durch den Zukauf von ANF (=Adaptive Notch Filters) Canada haben sie nunmehr auch das komplementaere Produkt fuer die Beseitigung von Stoerungen, die von ausserhalb des Frequenzbandes kommen. Im uebrigen hat das Produkt von ISCO den Vorteil, temperaturunabhaengig zu funktionieren, was bei superconductors bisher ein Problem war. Nach Angaben des Unternehmens, die auch bei der SEC eingereicht sind, ist das Produkt konkurrenzlos.
Die oben erwaehnte Kooperation mit den Koreanern ist im Zusammenhang mit dem derzeitigen Haupteinsatzgebiet fuer die Filter zu sehen: G3! Vorreiter auf dem Gebiet sind die Koreaner und Japaner, und ISCO steht sowohl mit der koreanischen Telekom, als auch mit NTT DoCoMo in Verhandlungen.
Recht vertrauenerweckend fand ich den Umstand, dass Lockheed Martin als Zahlungsmittel fuer den Verkauf von ANF Aktien akzeptiert hat, und zugleich eine laengerfristige Kooperation mit ISCO vereinbart wurde. Nach meiner laienhaften Einschaetzung braucht Lockheed die Filter fuer Bodenstationen der Kunden von COMSAT/LMGT, die Breitbandkommunikation direkt vom Satelliten beziehen.
Illinois Superconductor baut Entstoerfilter fuer drahtlose Kommunikation. Das Besondere ist die extreme Leistungsfaehigkeit des Produkts, das Stoerungen innerhalb eines Frequenzbandes mit einer Reaktionszeit von 20 Millisekunden behebt. Durch den Zukauf von ANF (=Adaptive Notch Filters) Canada haben sie nunmehr auch das komplementaere Produkt fuer die Beseitigung von Stoerungen, die von ausserhalb des Frequenzbandes kommen. Im uebrigen hat das Produkt von ISCO den Vorteil, temperaturunabhaengig zu funktionieren, was bei superconductors bisher ein Problem war. Nach Angaben des Unternehmens, die auch bei der SEC eingereicht sind, ist das Produkt konkurrenzlos.
Die oben erwaehnte Kooperation mit den Koreanern ist im Zusammenhang mit dem derzeitigen Haupteinsatzgebiet fuer die Filter zu sehen: G3! Vorreiter auf dem Gebiet sind die Koreaner und Japaner, und ISCO steht sowohl mit der koreanischen Telekom, als auch mit NTT DoCoMo in Verhandlungen.
Recht vertrauenerweckend fand ich den Umstand, dass Lockheed Martin als Zahlungsmittel fuer den Verkauf von ANF Aktien akzeptiert hat, und zugleich eine laengerfristige Kooperation mit ISCO vereinbart wurde. Nach meiner laienhaften Einschaetzung braucht Lockheed die Filter fuer Bodenstationen der Kunden von COMSAT/LMGT, die Breitbandkommunikation direkt vom Satelliten beziehen.
Re: Ibull (2)
Ich reiche Dir hier nochmal die m.E. wichtigste Pressemitteilung der letzten Wochen nach, wobei ich vor allem den vierten Absatz Deiner besonderen Aufmerksamkeit anempfehle.
Hinsichtlich der finanziellen Seite ist mir noch aufgefallen, dass durch die Ausuebung der Wandelschuldverschreibungen die Anzahl der aussenstehenden Aktien von rd. 40 Mio. auf ueber 100 Mio. gestiegen ist. Ich habe ein wenig in der Datenbank der S.E.C. gesucht, aber (noch) nichts ueber ein standstill-agreement gefunden. Lockup-expiries mag ich naemlich gar nicht.
Thursday January 4, 6:41 pm Eastern Time
Press Release
SOURCE: Illinois Superconductor Corporation
Illinois Superconductor Announces Conversion of
Senior Convertible Notes
MT. PROSPECT, Ill., Jan. 4 /PRNewswire/ -- Illinois Superconductor Corporation (OTC Bulletin Board: ISCO - news), a leading
supplier of interference-management solutions for the wireless telecommunications industry, announced that all of its Senior
Convertible Notes have been converted into common stock in accordance with their terms. The conversion eliminates all of the
company`s outstanding debt. After conversion of the notes the total number of common shares outstanding is 107,719,307 as of
December 31, 2000.
Charles F. Willes, Chief Financial Officer of ISCO, said: ``This conversion represents another important step toward strengthening
ISCO`s balance sheet. Our capital structure is now free of debt and preferred stock. The conversion was made in accordance
with the terms agreed upon in 1999 and previously disclosed on many occasions since then.``
Illinois Superconductor Corporation is a leading supplier of interference management solutions for the wireless telecommunications
industry and is the industry leader in the commercialization of high temperature superconducting technology for the wireless
telecommunications industry. ISCO develops, manufactures, and markets radio frequency (RF) products to enhance the quality
and capacity of cellular telephone, personal communications services (PCS) and other wireless services and systems.
ISCO offers the broadest range of interference management solutions in the industry. It offers the only patented product in the
world that suppresses in-band interference within 20 milliseconds. The company offers the widest range of configurations for HTS
out-of-band interference solutions that support cellular, PCS and 3G systems. Its products include the smallest HTS filter systems
on the market today, as well as the only failure-proof all-temperature HTS filter architecture, our patented ATP(TM) system.
ISCO has sold more than 300 systems worldwide and has on-going field trials with domestic and international service providers.
ISCO is also developing ultra-high-performance superconducting front-end products, including both transmitter and receiver
products for emerging third generation (3G) wireless systems. 3G systems are expected to replace current wireless systems over
the next several years.
Illinois Superconductor Corporation is a leading supplier of interference management solutions for the wireless telecommunications
industry and the industry leader in the commercialization of high temperature superconducting technology for the wireless
telecommunication applications. The Company develops, manufactures and markets radio frequency (RF) products to enhance the
quality and capacity of cellular telephone, personal communications services and other wireless telecommunications services.
More information about Illinois Superconductor Corporation is available on the Company`s internet web site at http://www.ilsc.com
.
Because the Company wants to provide investors with more meaningful and useful information, this news release contains, and
incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the
future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to
identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,``
``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently
available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the
Company`s actual results, performance or achievements to differ materially from those expressed in, or implied by, such
statements. These factors include, among others, the following: the Company`s ability to obtain additional financing in the near
future; the Company`s history of net losses and the lack of assurance that the Company`s earnings will be sufficient to cover fixed
charges in the future; all of which may adversely affect the Company`s ability to finance its future operations; and acceptance of,
the Company`s products; the timing and receipt of customer orders; the Company`s ability to attract and retain key personnel; and
the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is included in the
Company`s filings with the Securities and Exchange Commission, including those described under the heading ``Risk Factors`` in
the Company`s Annual Report on Form 10-K for the fiscal year ended December 31, 1999. The Company undertakes no
obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect
events or circumstances after the date of this Report or to reflect the occurrence of unanticipated events.
SOURCE: Illinois Superconductor Corporation
Ich reiche Dir hier nochmal die m.E. wichtigste Pressemitteilung der letzten Wochen nach, wobei ich vor allem den vierten Absatz Deiner besonderen Aufmerksamkeit anempfehle.
Hinsichtlich der finanziellen Seite ist mir noch aufgefallen, dass durch die Ausuebung der Wandelschuldverschreibungen die Anzahl der aussenstehenden Aktien von rd. 40 Mio. auf ueber 100 Mio. gestiegen ist. Ich habe ein wenig in der Datenbank der S.E.C. gesucht, aber (noch) nichts ueber ein standstill-agreement gefunden. Lockup-expiries mag ich naemlich gar nicht.
Thursday January 4, 6:41 pm Eastern Time
Press Release
SOURCE: Illinois Superconductor Corporation
Illinois Superconductor Announces Conversion of
Senior Convertible Notes
MT. PROSPECT, Ill., Jan. 4 /PRNewswire/ -- Illinois Superconductor Corporation (OTC Bulletin Board: ISCO - news), a leading
supplier of interference-management solutions for the wireless telecommunications industry, announced that all of its Senior
Convertible Notes have been converted into common stock in accordance with their terms. The conversion eliminates all of the
company`s outstanding debt. After conversion of the notes the total number of common shares outstanding is 107,719,307 as of
December 31, 2000.
Charles F. Willes, Chief Financial Officer of ISCO, said: ``This conversion represents another important step toward strengthening
ISCO`s balance sheet. Our capital structure is now free of debt and preferred stock. The conversion was made in accordance
with the terms agreed upon in 1999 and previously disclosed on many occasions since then.``
Illinois Superconductor Corporation is a leading supplier of interference management solutions for the wireless telecommunications
industry and is the industry leader in the commercialization of high temperature superconducting technology for the wireless
telecommunications industry. ISCO develops, manufactures, and markets radio frequency (RF) products to enhance the quality
and capacity of cellular telephone, personal communications services (PCS) and other wireless services and systems.
ISCO offers the broadest range of interference management solutions in the industry. It offers the only patented product in the
world that suppresses in-band interference within 20 milliseconds. The company offers the widest range of configurations for HTS
out-of-band interference solutions that support cellular, PCS and 3G systems. Its products include the smallest HTS filter systems
on the market today, as well as the only failure-proof all-temperature HTS filter architecture, our patented ATP(TM) system.
ISCO has sold more than 300 systems worldwide and has on-going field trials with domestic and international service providers.
ISCO is also developing ultra-high-performance superconducting front-end products, including both transmitter and receiver
products for emerging third generation (3G) wireless systems. 3G systems are expected to replace current wireless systems over
the next several years.
Illinois Superconductor Corporation is a leading supplier of interference management solutions for the wireless telecommunications
industry and the industry leader in the commercialization of high temperature superconducting technology for the wireless
telecommunication applications. The Company develops, manufactures and markets radio frequency (RF) products to enhance the
quality and capacity of cellular telephone, personal communications services and other wireless telecommunications services.
More information about Illinois Superconductor Corporation is available on the Company`s internet web site at http://www.ilsc.com
.
Because the Company wants to provide investors with more meaningful and useful information, this news release contains, and
incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the
future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to
identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,``
``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently
available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the
Company`s actual results, performance or achievements to differ materially from those expressed in, or implied by, such
statements. These factors include, among others, the following: the Company`s ability to obtain additional financing in the near
future; the Company`s history of net losses and the lack of assurance that the Company`s earnings will be sufficient to cover fixed
charges in the future; all of which may adversely affect the Company`s ability to finance its future operations; and acceptance of,
the Company`s products; the timing and receipt of customer orders; the Company`s ability to attract and retain key personnel; and
the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is included in the
Company`s filings with the Securities and Exchange Commission, including those described under the heading ``Risk Factors`` in
the Company`s Annual Report on Form 10-K for the fiscal year ended December 31, 1999. The Company undertakes no
obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect
events or circumstances after the date of this Report or to reflect the occurrence of unanticipated events.
SOURCE: Illinois Superconductor Corporation
Vielen Dank für Deine umfassende Antwort.
Ich lege mir einige ins Depot.
Gruss
Ich lege mir einige ins Depot.
Gruss
Fuer ISCO interessiert nur dieser eine Satz:
"But there are concerns about using satellites as the last-mile
technology -- chiefly cost, but also technical issues like weather
interfering with signal transmission."
Auch der Rest des Artikels ist aber keinesfalls uninteressant fuer alle, die sich fuer das neue Geschaeft der satellitengestuetzten Breitbandkommunikation interessieren:
http://www.redherring.com/industries/2001/0201/ind-mag-91-br…
"But there are concerns about using satellites as the last-mile
technology -- chiefly cost, but also technical issues like weather
interfering with signal transmission."
Auch der Rest des Artikels ist aber keinesfalls uninteressant fuer alle, die sich fuer das neue Geschaeft der satellitengestuetzten Breitbandkommunikation interessieren:
http://www.redherring.com/industries/2001/0201/ind-mag-91-br…
Betrifft zwar nicht isco, aber ist interessant für jeden,
der sich für den Bereich "Supraleiter" interessiert:
Monday February 5, 10:07 am Eastern Time
Press Release
Power Grid Solutions in the News
WESTBOROUGH, Mass.--(BUSINESS WIRE)--Feb. 5, 2001--Today`s issue of Investor`s Business Daily contains a note entitled ``When California`s Lights Go Out,
Energy-Tech Firms Get Spotlight`` by Sarah Z. Sleeper. According to the article, Capstone Turbine Corp., Infineon Technologies AG and American Superconductor
Corp. are developing components capable of faster, more reliable electricity production and delivery.
Energy-tech guru Mark Mills comments in the article that these companies have the potential to prop up the overworked power grid and that all of them have the same
potential Intel had 15 years ago. ``Electric power is more important to the U.S. economy than oil,`` said Mills. ``Oil is vital; kilowatt hours are more important.``
Related Articles
The January 15th issue of Public Utilities Fortnightly contains an article entitled ``End the Gridlock: Why Transmission is Ripe for New Technology`` by John Howe, Vice
President, Electric Industry Affairs at American Superconductor. Mr. Howe comments that for restructuring to succeed, competition to increase the bandwidth of
power grids is a necessity -- just as it was in the case of deregulation of the telecommunications and natural gas industries. Howe proposes a framework for
market-based investment in innovative transmission technologies that can fortify the power network with minimal environmental impact. Examples of new solutions that
will enable successful deregulation include high-bandwidth superconducting power cables and distributed superconducting magnetic energy storage (D-SMES) systems.
The February issue of the Digital Power Report has been published with a supplement entitled ``Expanding the Bandwidth of Power Networks`` by Greg Yurek, chief
executive officer of American Superconductor. The article provides a tutorial on the role of superconductors and power electronics in significantly expanding the power
handling capabilities of power grids.
Reprints
To obtain a reprint of the Howe or Yurek articles, please contact Carol Baker at cbaker@amsuper.com.
American Superconductor (Nasdaq: AMSC - news)
American Superconductor with headquarters in Westborough, MA was founded in 1987 and is a world leader in developing and manufacturing products utilizing
superconducting materials and power electronic devices for the power infrastructure. The company`s products can dramatically increase the bandwidth and reliability of
power delivery networks, significantly reduce the manufacturing costs of electrical equipment such as motors and generators, lower electrical operating costs and
conserve resources that are used to produce electric power. See www.amsuper.com.
der sich für den Bereich "Supraleiter" interessiert:
Monday February 5, 10:07 am Eastern Time
Press Release
Power Grid Solutions in the News
WESTBOROUGH, Mass.--(BUSINESS WIRE)--Feb. 5, 2001--Today`s issue of Investor`s Business Daily contains a note entitled ``When California`s Lights Go Out,
Energy-Tech Firms Get Spotlight`` by Sarah Z. Sleeper. According to the article, Capstone Turbine Corp., Infineon Technologies AG and American Superconductor
Corp. are developing components capable of faster, more reliable electricity production and delivery.
Energy-tech guru Mark Mills comments in the article that these companies have the potential to prop up the overworked power grid and that all of them have the same
potential Intel had 15 years ago. ``Electric power is more important to the U.S. economy than oil,`` said Mills. ``Oil is vital; kilowatt hours are more important.``
Related Articles
The January 15th issue of Public Utilities Fortnightly contains an article entitled ``End the Gridlock: Why Transmission is Ripe for New Technology`` by John Howe, Vice
President, Electric Industry Affairs at American Superconductor. Mr. Howe comments that for restructuring to succeed, competition to increase the bandwidth of
power grids is a necessity -- just as it was in the case of deregulation of the telecommunications and natural gas industries. Howe proposes a framework for
market-based investment in innovative transmission technologies that can fortify the power network with minimal environmental impact. Examples of new solutions that
will enable successful deregulation include high-bandwidth superconducting power cables and distributed superconducting magnetic energy storage (D-SMES) systems.
The February issue of the Digital Power Report has been published with a supplement entitled ``Expanding the Bandwidth of Power Networks`` by Greg Yurek, chief
executive officer of American Superconductor. The article provides a tutorial on the role of superconductors and power electronics in significantly expanding the power
handling capabilities of power grids.
Reprints
To obtain a reprint of the Howe or Yurek articles, please contact Carol Baker at cbaker@amsuper.com.
American Superconductor (Nasdaq: AMSC - news)
American Superconductor with headquarters in Westborough, MA was founded in 1987 and is a world leader in developing and manufacturing products utilizing
superconducting materials and power electronic devices for the power infrastructure. The company`s products can dramatically increase the bandwidth and reliability of
power delivery networks, significantly reduce the manufacturing costs of electrical equipment such as motors and generators, lower electrical operating costs and
conserve resources that are used to produce electric power. See www.amsuper.com.
Friday February 9, 6:36 pm Eastern Time
Press Release
SOURCE: Illinois Superconductor Corporation
ISCO International CEO Dr. George Calhoun Addresses Wall Street Analyst Forum On February 13, 2001
MT. PROSPECT, Ill., Feb. 9 /PRNewswire/ -- Illinois Superconductor Corporation (DBA ISCO International) (OTC Bulletin
Board: ISCO - news) announced today that CEO and Chairman, Dr. George Calhoun will address the Wall Street Analyst Forum
on Tuesday, February 13, 2001 at 4:05 PM (EST). Dr. Calhoun`s 30-minute presentation will be followed by a 15-minute question
and answer session. Charles F. Willes, Chief Financial Officer of ISCO, will also be available to answer questions at this time.
Attendees will then retire to a private informal workshop with Dr. Calhoun and Mr. Willes.
ISCO invites you to hear the formal presentation live on the web by clicking the following link.
http://www.corporate-ir.net/media_files/priv/21180/WSAF/sche… The presentation will be archived for 90 days
following the event.
Dr. Calhoun commented, ``I am looking forward to this opportunity to discuss ISCO International with the investment community.
The profound changes in our product assortment, combined with an aggressive marketing plan, have created a company ready for
the challenges of 3G and prepared to bridge the 2 and 2.5G market with our network interference solutions.``
The Wall Street Analyst Forum, Inc. is the largest non-brokerage sponsor of analyst conferences in the United States. Each of the
four annual New York conferences brings together the CEO`s/CFO`s of public corporations with approximately 800 buy and sell
side analysts and portfolio managers and thousands of additional investors who listen and view via a webcasting relationship with
CCBM and their distribution partners America Online, Yahoo!, Motley Fool, First Call, Raging Bull, etc. This ``by invitation only``
forum will be held at the Roosevelt Hotel, 45 E. 45th Street, New York, NY, 10017.
Illinois Superconductor Corporation is a leading supplier of interference management solutions for the wireless telecommunications
industry and is the industry leader in the commercialization of high temperature superconducting technology for the wireless
telecommunications industry. ISCO develops, manufactures, and markets radio frequency (RF) products to enhance the quality
and capacity of cellular telephone, personal communications services (PCS) and other wireless services and systems.
ISCO offers the broadest range of interference management solutions in the industry. It offers the only patented product in the
world that suppresses in-band interference within 20 milliseconds. The company offers the widest range of configurations for HTS
out-of-band interference solutions that support cellular, PCS and 3G systems. Its products include the smallest HTS filter systems
on the market today, as well as the only failure-proof all-temperature HTS filter architecture, our patented ATP(TM) system.
ISCO has sold more than 300 systems worldwide and has on-going field trials with domestic and international service providers.
ISCO is also developing ultra-high-performance superconducting front-end products, including both transmitter and receiver
products for emerging third generation (3G) wireless systems. 3G systems are expected to replace current wireless systems over
the next several years.
Because the Company wants to provide investors with more meaningful and useful information, this news release contains, and
incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the
future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to
identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,``
``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently
available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the
Company`s actual results, performance or achievements to differ materially from those expressed in, or implied by, such
statements. These factors include, among others, the following: the Company`s ability to obtain additional financing in the near
future; the Company`s history of net losses and the lack of assurance that the Company`s earnings will be sufficient to cover fixed
charges in the future, all of which may adversely affect the Company`s ability to finance its future operations; and acceptance of,
the Company`s products; the timing and receipt of customer orders; the Company`s ability to attract and retain key personnel; and
the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is included in the
Company`s filings with the Securities and Exchange Commission, including those described under the heading ``Risk Factors`` in
the Company`s Annual Report on Form 10-K for the fiscal year ended December 31, 1999. The Company undertakes no
obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect
events or circumstances after the date of this Report or to reflect the occurrence of unanticipated events
If you want to be removed from our fax or e-mail list, call the number above, or fax us at 847-391-5015. Thank you.
SOURCE: Illinois Superconductor Corporation
Press Release
SOURCE: Illinois Superconductor Corporation
ISCO International CEO Dr. George Calhoun Addresses Wall Street Analyst Forum On February 13, 2001
MT. PROSPECT, Ill., Feb. 9 /PRNewswire/ -- Illinois Superconductor Corporation (DBA ISCO International) (OTC Bulletin
Board: ISCO - news) announced today that CEO and Chairman, Dr. George Calhoun will address the Wall Street Analyst Forum
on Tuesday, February 13, 2001 at 4:05 PM (EST). Dr. Calhoun`s 30-minute presentation will be followed by a 15-minute question
and answer session. Charles F. Willes, Chief Financial Officer of ISCO, will also be available to answer questions at this time.
Attendees will then retire to a private informal workshop with Dr. Calhoun and Mr. Willes.
ISCO invites you to hear the formal presentation live on the web by clicking the following link.
http://www.corporate-ir.net/media_files/priv/21180/WSAF/sche… The presentation will be archived for 90 days
following the event.
Dr. Calhoun commented, ``I am looking forward to this opportunity to discuss ISCO International with the investment community.
The profound changes in our product assortment, combined with an aggressive marketing plan, have created a company ready for
the challenges of 3G and prepared to bridge the 2 and 2.5G market with our network interference solutions.``
The Wall Street Analyst Forum, Inc. is the largest non-brokerage sponsor of analyst conferences in the United States. Each of the
four annual New York conferences brings together the CEO`s/CFO`s of public corporations with approximately 800 buy and sell
side analysts and portfolio managers and thousands of additional investors who listen and view via a webcasting relationship with
CCBM and their distribution partners America Online, Yahoo!, Motley Fool, First Call, Raging Bull, etc. This ``by invitation only``
forum will be held at the Roosevelt Hotel, 45 E. 45th Street, New York, NY, 10017.
Illinois Superconductor Corporation is a leading supplier of interference management solutions for the wireless telecommunications
industry and is the industry leader in the commercialization of high temperature superconducting technology for the wireless
telecommunications industry. ISCO develops, manufactures, and markets radio frequency (RF) products to enhance the quality
and capacity of cellular telephone, personal communications services (PCS) and other wireless services and systems.
ISCO offers the broadest range of interference management solutions in the industry. It offers the only patented product in the
world that suppresses in-band interference within 20 milliseconds. The company offers the widest range of configurations for HTS
out-of-band interference solutions that support cellular, PCS and 3G systems. Its products include the smallest HTS filter systems
on the market today, as well as the only failure-proof all-temperature HTS filter architecture, our patented ATP(TM) system.
ISCO has sold more than 300 systems worldwide and has on-going field trials with domestic and international service providers.
ISCO is also developing ultra-high-performance superconducting front-end products, including both transmitter and receiver
products for emerging third generation (3G) wireless systems. 3G systems are expected to replace current wireless systems over
the next several years.
Because the Company wants to provide investors with more meaningful and useful information, this news release contains, and
incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the
future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to
identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,``
``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently
available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the
Company`s actual results, performance or achievements to differ materially from those expressed in, or implied by, such
statements. These factors include, among others, the following: the Company`s ability to obtain additional financing in the near
future; the Company`s history of net losses and the lack of assurance that the Company`s earnings will be sufficient to cover fixed
charges in the future, all of which may adversely affect the Company`s ability to finance its future operations; and acceptance of,
the Company`s products; the timing and receipt of customer orders; the Company`s ability to attract and retain key personnel; and
the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is included in the
Company`s filings with the Securities and Exchange Commission, including those described under the heading ``Risk Factors`` in
the Company`s Annual Report on Form 10-K for the fiscal year ended December 31, 1999. The Company undertakes no
obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect
events or circumstances after the date of this Report or to reflect the occurrence of unanticipated events
If you want to be removed from our fax or e-mail list, call the number above, or fax us at 847-391-5015. Thank you.
SOURCE: Illinois Superconductor Corporation
Thursday February 22, 11:42 am Eastern Time
Press Release
SOURCE: Illinois Superconductor Corporation
ISCO International Obtains $15 Million Settlement
MT. PROSPECT, Ill., Feb. 22 /PRNewswire/ -- ISCO International (Illinois Superconductor Corporation)(OTC Bulletin Board:
ISCO - news) announced today that a settlement of previously disclosed shareholder litigation has been reached, which, subject to court approval, will result in the
Company receiving $15 million, less legal fees and notice expenses. Two of the Company`s stockholders, Elliott Associates, L.P. and Elliott International, L.P.
(formerly Westgate International, L.P.), have agreed to make this settlement payment in order to resolve claims asserted against them and certain present and former
directors. The shareholder litigation remains outstanding against other third parties. A notice regarding the settlement is being mailed to all shareholders. The court
hearing to consider the settlement is scheduled for March 30, 2001.
Dr. George Calhoun, ISCO CEO, has scheduled an investor conference call for 1pm EST on February 22, 2001 to speak about the financial settlement and to
answer questions. The investor call-in number is 1-888-273-9887 for domestic callers and 1-612-332-0806 for international dialers. Callers should request the
ISCO Conference Call.
The investor conference call will be available for replay from February 22 through March 1 at 1-800-475-6701 (Access Code: 573553) and 1-320-365-3844 for
international dialers.
Illinois Superconductor Corporation is a leading supplier of interference management solutions for the wireless telecommunications industry and is the industry leader
in the commercialization of high temperature superconducting technology for the wireless telecommunications industry. ISCO develops, manufactures, and markets
radio frequency (RF) products to enhance the quality and capacity of cellular telephone, personal communications services (PCS) and other wireless services and
systems.
ISCO offers the broadest range of interference management solutions in the industry. It offers the only patented product in the world that suppresses in-band
interference within 20 milliseconds. The company offers the widest range of configurations for HTS out-of-band interference solutions that support cellular, PCS and
3G systems. Its products include the smallest HTS filter systems on the market today, as well as the only failure-proof all-temperature HTS filter architecture, our
patented ATP(TM) system. ISCO has sold more than 300 systems worldwide and has on-going field trials with domestic and international service providers. ISCO
is also developing ultra-high-performance superconducting front-end products, including both transmitter and receiver products for emerging third generation (3G)
wireless systems. 3G wireless systems are expected to replace current wireless systems over the next several years.
Press Release
SOURCE: Illinois Superconductor Corporation
ISCO International Obtains $15 Million Settlement
MT. PROSPECT, Ill., Feb. 22 /PRNewswire/ -- ISCO International (Illinois Superconductor Corporation)(OTC Bulletin Board:
ISCO - news) announced today that a settlement of previously disclosed shareholder litigation has been reached, which, subject to court approval, will result in the
Company receiving $15 million, less legal fees and notice expenses. Two of the Company`s stockholders, Elliott Associates, L.P. and Elliott International, L.P.
(formerly Westgate International, L.P.), have agreed to make this settlement payment in order to resolve claims asserted against them and certain present and former
directors. The shareholder litigation remains outstanding against other third parties. A notice regarding the settlement is being mailed to all shareholders. The court
hearing to consider the settlement is scheduled for March 30, 2001.
Dr. George Calhoun, ISCO CEO, has scheduled an investor conference call for 1pm EST on February 22, 2001 to speak about the financial settlement and to
answer questions. The investor call-in number is 1-888-273-9887 for domestic callers and 1-612-332-0806 for international dialers. Callers should request the
ISCO Conference Call.
The investor conference call will be available for replay from February 22 through March 1 at 1-800-475-6701 (Access Code: 573553) and 1-320-365-3844 for
international dialers.
Illinois Superconductor Corporation is a leading supplier of interference management solutions for the wireless telecommunications industry and is the industry leader
in the commercialization of high temperature superconducting technology for the wireless telecommunications industry. ISCO develops, manufactures, and markets
radio frequency (RF) products to enhance the quality and capacity of cellular telephone, personal communications services (PCS) and other wireless services and
systems.
ISCO offers the broadest range of interference management solutions in the industry. It offers the only patented product in the world that suppresses in-band
interference within 20 milliseconds. The company offers the widest range of configurations for HTS out-of-band interference solutions that support cellular, PCS and
3G systems. Its products include the smallest HTS filter systems on the market today, as well as the only failure-proof all-temperature HTS filter architecture, our
patented ATP(TM) system. ISCO has sold more than 300 systems worldwide and has on-going field trials with domestic and international service providers. ISCO
is also developing ultra-high-performance superconducting front-end products, including both transmitter and receiver products for emerging third generation (3G)
wireless systems. 3G wireless systems are expected to replace current wireless systems over the next several years.
was bedeutet eigentlich:
"...in order to resolve claims asserted against them and certain present and former directors. The shareholder litigation remains outstanding against other third parties."
Dafür war mein English nicht ausreichend...
"...in order to resolve claims asserted against them and certain present and former directors. The shareholder litigation remains outstanding against other third parties."
Dafür war mein English nicht ausreichend...
Das bedeutet, Elliott und Westgate zahlen $ 15 mio um Klagen gegen sich sowie gegen gegenwaertige und fruehere directors (von ISCO) abzuwenden. Der Rechtsstreit bleibt gegenueber den weiteren Parteien anhaengig.
In dem von einem Gesellschafter namens der Gesellschaft anhaengig gemachten Rechtsstreit ging bzw. geht es um die Gewinnabschoepfung von Aktienverkaeufen, die Elliott und Westgate unter Verstoss gegen eine gesetzliche Handelssperre getaetigt hatten. Naeheres hat ISCO im letzten Jahresbericht an die SEC auf Seite 16 f. naeher dargelegt:
http://www.sec.gov/Archives/edgar/data/888693/00009501370000…
16(b) Litigation
On February 26, 1999, Mark Levy, derivatively on behalf of the Company,
filed a complaint against Southbrook International Investments, Ltd.
("Southbrook"), Elliott Associates, L.P. ("Elliott"), and Westgate
International, L.P. ("Westgate"), and against the Company as a "nominal
defendant." The complaint filed in the United States District Court for the
Southern District of New York, alleges that Southbrook, Elliott and Westgate,
while having beneficial ownership of more than 10% of the Company`s common
stock, violated Section 16(b) of the Securities Exchange Act of 1934 in
connection with purchases and sales of Company securities within six month
periods. The complaint seeks to recover from Southbrook, Elliott and Westgate
their respective profits (in unspecified amounts) from those transactions. No
relief is sought against the Company as a nominal defendant.
Elliott and Westgate are currently investors in the Company with
substantial rights to acquire Company common stock by conversion of notes and
exercise of warrants, and three of the current six directors of the Company were
appointed in accordance with an agreement dated November 5, 1999 by and between
Elliott, Westgate, an unaffiliated investor, and the Company. Two of such
directors, Messrs. Mark Brodsky and Samuel Perlman, are employed by a company
that provides
16
<PAGE> 17
management services to, and is under common control with, Elliott and Westgate.
An amended complaint dated September 2, 1999 was served on the Company. The
amended complaint raises the same claims alleged in the original complaint. As a
"nominal defendant" the Company, by agreement with the plaintiff, has not
responded to the lawsuit, but has reserved its right to move to dismiss any
amended pleading.
Defendants moved to dismiss the amended complaint in February 2000. In
response, the plaintiff cross-moved for leave to amend his complaint again. The
proposed new pleading adds Alexander Finance, LP as a defendant for the Section
16(b) claims, adds two new theories pursuant to which defendants may be found
liable under Section 16(b), and also proposes state law breach of fiduciary duty
claims against current directors Howard Hoffman, Tom L. Powers, Mark D. Brodsky,
George Calhoun and Sam Perlman and former directors Edward W. Laves, Robert D.
Mitchum and Terry S. Parker, based on the board of directors` decision to issue
convertible notes and warrants to the defendants convertible or exercisable for
shares of common stock at $0.25 per share.
Following a hearing on August 17, 2000, the court allowed plaintiff leave
to file his new amended complaint. The court also denied without prejudice
defendants` motion to dismiss the initial 16(b) complaint (as amended). However,
defendants may raise this motion again following resolution of a similar case by
the Second Circuit Court of Appeals. As of November 13, 2000, the Company`s
counsel had not been served with the new amended complaint."
In dem von einem Gesellschafter namens der Gesellschaft anhaengig gemachten Rechtsstreit ging bzw. geht es um die Gewinnabschoepfung von Aktienverkaeufen, die Elliott und Westgate unter Verstoss gegen eine gesetzliche Handelssperre getaetigt hatten. Naeheres hat ISCO im letzten Jahresbericht an die SEC auf Seite 16 f. naeher dargelegt:
http://www.sec.gov/Archives/edgar/data/888693/00009501370000…
16(b) Litigation
On February 26, 1999, Mark Levy, derivatively on behalf of the Company,
filed a complaint against Southbrook International Investments, Ltd.
("Southbrook"), Elliott Associates, L.P. ("Elliott"), and Westgate
International, L.P. ("Westgate"), and against the Company as a "nominal
defendant." The complaint filed in the United States District Court for the
Southern District of New York, alleges that Southbrook, Elliott and Westgate,
while having beneficial ownership of more than 10% of the Company`s common
stock, violated Section 16(b) of the Securities Exchange Act of 1934 in
connection with purchases and sales of Company securities within six month
periods. The complaint seeks to recover from Southbrook, Elliott and Westgate
their respective profits (in unspecified amounts) from those transactions. No
relief is sought against the Company as a nominal defendant.
Elliott and Westgate are currently investors in the Company with
substantial rights to acquire Company common stock by conversion of notes and
exercise of warrants, and three of the current six directors of the Company were
appointed in accordance with an agreement dated November 5, 1999 by and between
Elliott, Westgate, an unaffiliated investor, and the Company. Two of such
directors, Messrs. Mark Brodsky and Samuel Perlman, are employed by a company
that provides
16
<PAGE> 17
management services to, and is under common control with, Elliott and Westgate.
An amended complaint dated September 2, 1999 was served on the Company. The
amended complaint raises the same claims alleged in the original complaint. As a
"nominal defendant" the Company, by agreement with the plaintiff, has not
responded to the lawsuit, but has reserved its right to move to dismiss any
amended pleading.
Defendants moved to dismiss the amended complaint in February 2000. In
response, the plaintiff cross-moved for leave to amend his complaint again. The
proposed new pleading adds Alexander Finance, LP as a defendant for the Section
16(b) claims, adds two new theories pursuant to which defendants may be found
liable under Section 16(b), and also proposes state law breach of fiduciary duty
claims against current directors Howard Hoffman, Tom L. Powers, Mark D. Brodsky,
George Calhoun and Sam Perlman and former directors Edward W. Laves, Robert D.
Mitchum and Terry S. Parker, based on the board of directors` decision to issue
convertible notes and warrants to the defendants convertible or exercisable for
shares of common stock at $0.25 per share.
Following a hearing on August 17, 2000, the court allowed plaintiff leave
to file his new amended complaint. The court also denied without prejudice
defendants` motion to dismiss the initial 16(b) complaint (as amended). However,
defendants may raise this motion again following resolution of a similar case by
the Second Circuit Court of Appeals. As of November 13, 2000, the Company`s
counsel had not been served with the new amended complaint."
Noch mehr gute Nachrichten.
Friday February 23, 12:00 pm Eastern Time
Press Release
SOURCE: Illinois Superconductor Corporation
ISCO INTERNATIONAL Announces Order for 140 In-Band Interference Suppression Systems from Bell Mobility (Canada)
MT. PROSPECT, Ill., Feb. 23 /PRNewswire/ -- ISCO INTERNATIONAL (AKA: Illinois Superconductor Corporation) (OTC
Bulletin Board: ISCO - news) announced today that it is planning to deliver 140 Adaptive Notch Filter (ANF) systems to Bell
Mobility, the wireless subsidiary of Bell Canada. The value of the order is in excess of $1 million (U.S.).
``This is a milestone for this highly innovative and unique technology for controlling in-band interference that can rob a CDMA
wireless system of significant capacity,`` said Dr. George M. Calhoun, CEO of ISCO. ``This system was developed by Lockheed
Martin Canada to Bell Mobility`s specifications, and underwent extensive field trials in 1999. Now we have a large follow-on order
from this flagship customer, which we believe will signal the rest of the wireless industry that this new interference-suppression
technology is ready for commercial deployment on a network-wide basis.``
ISCO acquired the ANF business from Lockheed Martin Canada in December 2000 for 2.5 million shares of common stock.
``The ANF product is the first product of its kind in our industry,`` said Shawn Doyle, EVP for Commercial Development for
ISCO. ``It is capable of almost instantaneously identifying the random emergence of an interference source and tuning an adaptive
notch filter to remove the interference and restore the integrity of the wideband CDMA signal. We are also developing a version
of the system for TDMA applications that will be ready later this year.``
Brian O`Shaughnessy, Vice President of Wireless Technology for Bell Mobility commented ``The ANF system is expected to
provide coverage and capacity enhancement to our network. We believe that by stepping up from our initial trial to a more
extensive deployment we will see significant improvements from the suppression of in-band interference as we implement a
significant rollout of 800 MHz CDMA across our entire service area in 2001.``
Dr. Calhoun added, ``Narrowband interference is a problem that CDMA operators may have to address in certain situations. It
can arise from many different sources, including `spill-over` of narrowband signals from analog and TDMA operations adjacent to
CDMA service areas. It can also arise from unauthorized transmitters and/or intermodulation harmonics that may be difficult to
ferret out and control. The ANF architecture is capable of locking onto such an interfering source in milliseconds and
implementing an adaptive filter to suppress its effects. We have proven this, with Bell Mobility, in the field and we believe that this
product should have a great deal of interest to many other operators.
``We view this as a highly complementary product to our cryogenic receiver front-end systems, which target out-of-band
interference sources. We think that most operators are exposed to both in-band and out-of-band interference, and we are now
able to offer a solution to the entire problem and not just a portion of it.``
ISCO offers its products in a range of configurations, supporting all cellular and PCS bands, with and without notch filters, and
with or without cryogenic low-noise amplifiers. Its products include the smallest HTS filter systems on the market today, as well
as the only failure-proof all-temperature HTS filter architecture, our patented ATP(TM) system. ISCO has sold more than 300
systems to operators in the U.S., with continuing field trials indicating future deployment. In addition, ISCO is developing
ultra-high-performance superconducting front-end products, including both transmitter and receiver products. The emerging third
generation of 3G wireless systems is expected to replace current wireless systems over the next several years.
Friday February 23, 12:00 pm Eastern Time
Press Release
SOURCE: Illinois Superconductor Corporation
ISCO INTERNATIONAL Announces Order for 140 In-Band Interference Suppression Systems from Bell Mobility (Canada)
MT. PROSPECT, Ill., Feb. 23 /PRNewswire/ -- ISCO INTERNATIONAL (AKA: Illinois Superconductor Corporation) (OTC
Bulletin Board: ISCO - news) announced today that it is planning to deliver 140 Adaptive Notch Filter (ANF) systems to Bell
Mobility, the wireless subsidiary of Bell Canada. The value of the order is in excess of $1 million (U.S.).
``This is a milestone for this highly innovative and unique technology for controlling in-band interference that can rob a CDMA
wireless system of significant capacity,`` said Dr. George M. Calhoun, CEO of ISCO. ``This system was developed by Lockheed
Martin Canada to Bell Mobility`s specifications, and underwent extensive field trials in 1999. Now we have a large follow-on order
from this flagship customer, which we believe will signal the rest of the wireless industry that this new interference-suppression
technology is ready for commercial deployment on a network-wide basis.``
ISCO acquired the ANF business from Lockheed Martin Canada in December 2000 for 2.5 million shares of common stock.
``The ANF product is the first product of its kind in our industry,`` said Shawn Doyle, EVP for Commercial Development for
ISCO. ``It is capable of almost instantaneously identifying the random emergence of an interference source and tuning an adaptive
notch filter to remove the interference and restore the integrity of the wideband CDMA signal. We are also developing a version
of the system for TDMA applications that will be ready later this year.``
Brian O`Shaughnessy, Vice President of Wireless Technology for Bell Mobility commented ``The ANF system is expected to
provide coverage and capacity enhancement to our network. We believe that by stepping up from our initial trial to a more
extensive deployment we will see significant improvements from the suppression of in-band interference as we implement a
significant rollout of 800 MHz CDMA across our entire service area in 2001.``
Dr. Calhoun added, ``Narrowband interference is a problem that CDMA operators may have to address in certain situations. It
can arise from many different sources, including `spill-over` of narrowband signals from analog and TDMA operations adjacent to
CDMA service areas. It can also arise from unauthorized transmitters and/or intermodulation harmonics that may be difficult to
ferret out and control. The ANF architecture is capable of locking onto such an interfering source in milliseconds and
implementing an adaptive filter to suppress its effects. We have proven this, with Bell Mobility, in the field and we believe that this
product should have a great deal of interest to many other operators.
``We view this as a highly complementary product to our cryogenic receiver front-end systems, which target out-of-band
interference sources. We think that most operators are exposed to both in-band and out-of-band interference, and we are now
able to offer a solution to the entire problem and not just a portion of it.``
ISCO offers its products in a range of configurations, supporting all cellular and PCS bands, with and without notch filters, and
with or without cryogenic low-noise amplifiers. Its products include the smallest HTS filter systems on the market today, as well
as the only failure-proof all-temperature HTS filter architecture, our patented ATP(TM) system. ISCO has sold more than 300
systems to operators in the U.S., with continuing field trials indicating future deployment. In addition, ISCO is developing
ultra-high-performance superconducting front-end products, including both transmitter and receiver products. The emerging third
generation of 3G wireless systems is expected to replace current wireless systems over the next several years.
Zumindestens mit ihren Prozessen hat ISCO viel Erfolg, so dass bis zum earningscall naechste Woche gleich mehrere Prozessrisiken aus der Bilanz verschwunden sein werden.
Friday March 16, 11:00 am Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Obtains Additional $5 Million Settlement
MT. PROSPECT, Ill., March 16 /PRNewswire/ -- ISCO International (Illinois Superconductor Corporation) (OTC Bulletin
Board: ISCO - news) announced today that a settlement of previously disclosed shareholder litigation has been reached, which,
subject to court approval, will result in the Company receiving $5 million, less legal fees and certain other expenses. Alexander
Finance has agreed to make this settlement payment in order to resolve claims asserted against them. This settlement is in addition
to the $15 million settlement (net of legal and certain other expenses), also subject to court approval, announced February 22nd
which involved ISCO`s largest shareholder. The shareholder litigation remains outstanding against a third party. A notice regarding
the Alexander Finance settlement is being mailed to all shareholders. The court hearing to consider the settlement is currently
scheduled for April 27, 2001.
Illinois Superconductor Corporation is a leading supplier of interference management solutions for the wireless telecommunications
industry and is the industry leader in the commercialization of high temperature superconducting technology for the wireless
telecommunications industry. ISCO develops, manufactures, and markets radio frequency (RF) products to enhance the quality
and capacity of cellular telephone, personal communications services (PCS) and other wireless services and systems.
http://biz.yahoo.com/prnews/010316/cgf019.html
Friday March 16, 11:00 am Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Obtains Additional $5 Million Settlement
MT. PROSPECT, Ill., March 16 /PRNewswire/ -- ISCO International (Illinois Superconductor Corporation) (OTC Bulletin
Board: ISCO - news) announced today that a settlement of previously disclosed shareholder litigation has been reached, which,
subject to court approval, will result in the Company receiving $5 million, less legal fees and certain other expenses. Alexander
Finance has agreed to make this settlement payment in order to resolve claims asserted against them. This settlement is in addition
to the $15 million settlement (net of legal and certain other expenses), also subject to court approval, announced February 22nd
which involved ISCO`s largest shareholder. The shareholder litigation remains outstanding against a third party. A notice regarding
the Alexander Finance settlement is being mailed to all shareholders. The court hearing to consider the settlement is currently
scheduled for April 27, 2001.
Illinois Superconductor Corporation is a leading supplier of interference management solutions for the wireless telecommunications
industry and is the industry leader in the commercialization of high temperature superconducting technology for the wireless
telecommunications industry. ISCO develops, manufactures, and markets radio frequency (RF) products to enhance the quality
and capacity of cellular telephone, personal communications services (PCS) and other wireless services and systems.
http://biz.yahoo.com/prnews/010316/cgf019.html
Zahlen von ISCO:
Wednesday March 21, 11:39 am Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Reports 2000 Financial Results, Receives Clean Audit Opinion, Obtains Financing Commitment
MT. PROSPECT, Ill., March 21 /PRNewswire/ -- ISCO International (OTC Bulletin Board: ISCO - news), a leading supplier of interference-management solutions for the wireless telecommunications industry, today reported financial results for the fourth quarter 2000 and for fiscal year 2000. All financial results presented are on a consolidated basis and include the financial performance of Spectral Solutions, Inc. (``SSI``) since the date of its acquisition, August 8, 2000, and the Adaptive Notch Filter (``ANF``) division of Lockheed Martin Canada since the date of its acquisition, December 21, 2000.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
Financial Results:
ISCO reported consolidated net revenues of $287,000 for the quarter ending December 31, 2000 versus $453,000 during the comparable period of 1999. Net revenues for fiscal year 2000 were $496,000 versus $2,409,000 for the same 12-month period in 1999. All revenues resulted from commercial product sales and not from government research contracts.
The consolidated operating loss for fiscal year 2000 was $13,276,000, versus $9,471,000 for the same period in 1999. The increased consolidated net operating loss was primarily due to lower revenue. The Company`s strategic focus on 3rd Generation wireless systems in Asia has resulted in increased R&D spending and increased business development expenses without an immediate revenue impact. The Company`s attempt at broadening its product offerings with the acquisitions of SSI and ANF resulted in an increase in goodwill amortization. Other items that impacted the increased net operating loss included the recognition of non-cash compensation expense due to the recent adoption by the Company of FASB Interpretation No. 44 and an increase in professional fees related, in part, to the extended proxy solicitation and two acquisitions during 2000.
The consolidated net loss for fiscal 2000 was $18,796,000. For 1999, ISCO reported a consolidated net loss of $22,716,000. Consolidated net loss on a per-share basis was $0.57 per share for fiscal 2000 and $1.77 per share for the comparable period in 1999. The weighted-average number of shares outstanding increased from 12,841,000 to 33,037,000 for the years ending December 31, 1999 and December 31, 2000, respectively. The increase in shares outstanding is a result of the conversion of all the Company`s senior convertible notes into common shares, the exercise of warrants and options, and the issuance of six million shares in the two acquisitions.
Financing Commitment:
ISCO also announced that it has obtained a $20 million equity line commitment from a financial institution. This equity line, pursuant to which ISCO has the right but not the obligation to draw upon during the next 24 months, would allow ISCO to sell its common stock to the investor at a 6% discount to then-prevailing market prices. ISCO has no immediate need to utilize this commitment. Details of this financing will be filed by the Company with its upcoming Annual Report on Form 10-K.
Clean Audit Opinion:
``We have worked very hard at restoring ISCO to financial health,`` stated George Calhoun, CEO of ISCO. ``Today, I am proud to announce that our efforts have begun to pay off. For the first time in several years, we have received a clean audit opinion, without a going-concern qualification. Today, ISCO is debt-free, other than a short-term advance against the substantial litigation settlement ($20 million, less legal fees and expenses) expected to be received during April and May, subject to court approval. In addition, the Company`s $20 million equity line will give us an added capital resource to draw upon either opportunistically or should the need arise.
``These financial steps parallel the important progress we have made with both product-development and marketing, for 2G, 2.5G and 3G markets. The telecom infrastructure industry has long lead-times for orders, and 2.5G and 3G networks are just beginning to be built. Our strategy is to put into place the building blocks for success -- higher-performance, smaller, less costly products; partnerships with strong manufacturing, marketing and technology partners; constructive, technically sound engagement with the market; and a strong position in intellectual property. ISCO has been taking these steps, and we are optimistic that in the course of the current year we will begin to see them bear fruit.``
Illinois Superconductor Corporation is a leading supplier of interference management solutions for the wireless telecommunications industry and is the industry leader in the commercialization of high temperature superconducting technology for the wireless telecommunications industry. ISCO develops, manufactures, and markets radio frequency (RF) products to enhance the quality and capacity of cellular telephone, personal communications services (PCS) and other wireless services and systems.
ISCO offers the broadest range of interference management solutions in the industry. It offers the only patented product in the world that suppresses in-band interference within 20 milliseconds. The company offers the widest range of configurations for HTS out-of-band interference solutions that support cellular, PCS and 3G systems. Its products include the smallest HTS filter systems on the market today, as well as the only failure-proof all- temperature HTS filter architecture, our patented ATP(TM) system. ISCO has sold more than 300 systems worldwide and has on-going field trials with domestic and international service providers. ISCO is also developing ultra- high-performance superconducting front-end products, including both transmitter and receiver products for emerging third generation (3G) wireless systems. 3G wireless systems are expected to replace current wireless systems over the next several years.
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,`` ``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the Company`s actual results, performance or achievements to differ materially from those expressed in, or implied by, such statements. These factors include, among others, the following: the possibility that the court will not approve the proposed settlements; market acceptance of the Company`s technology; the spending patterns of wireless network operators in connection with the build out of 3G wireless systems; the Company`s ability to obtain additional financing in the near future; the Company`s history of net losses and the lack of assurance that the Company`s earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively against better capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on liquidity of the Company`s common stock because of its de-listing from the Nasdaq National Market in June 1999; continued downward pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of front-end systems for the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract and retain key personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is included in the Company`s filings with the Securities and Exchange Commission, including those described under the heading ``Risk Factors`` in the Company`s Annual Report on Form 10-K for the fiscal year-ended December 31, 2000. You should not place undue reliance on any forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date of this Report or to reflect the occurrence of unanticipated events.
Twelve Months Ended
............................................Dec. 31,.......Dec. 31,
..............................................2000...........1999
AUDITED
Net sales......................................$496,000......$2,409,000
Costs and expenses:
Cost of sales...............................2,673,000......5,923,000
Research and development........ ..3,188,000......1,757,000
Selling and marketing....................1,240,000......1,582,000
General and administrative............6,672,000......2,618,000
Total costs and expenses.............13,772,000.....11,880,000
Operating loss..............................$(13,276,000)...$(9,471,000)
Other income (expense):
Interest income................................175,000.........98,000
Non-cash interest expense on Senior
convertible notes..........................(5,632,000)...(12,608,000)
Other interest expense.........................(19,000).......(26,000)
Other income, net..............................(16,000)........37,000
Total other income (expense).................$(5,492,000)..$(12,500,000)
Loss before extraordinary item..............$(18,768,000)..$(21,971,000)
Extraordinary item -- debt extinguishment........(28,000)......(745,000)
Net loss $(18,796,000)..$(22,716,000)
Basic and diluted loss per common
share before extraordinary item..................$(0.57)........$(1.71)
Extraordinary item -- debt extinguishment
Basic and diluted loss per common share...........$(0.57)........$(1.77)
Weighted average number of common
shares outstanding............................33,037,000.....12,841,000
SOURCE Illinois Superconductor Corporation 10K Annual Report.
Web site: http://www.iscointl.com
SOURCE: ISCO International
Wednesday March 21, 11:39 am Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Reports 2000 Financial Results, Receives Clean Audit Opinion, Obtains Financing Commitment
MT. PROSPECT, Ill., March 21 /PRNewswire/ -- ISCO International (OTC Bulletin Board: ISCO - news), a leading supplier of interference-management solutions for the wireless telecommunications industry, today reported financial results for the fourth quarter 2000 and for fiscal year 2000. All financial results presented are on a consolidated basis and include the financial performance of Spectral Solutions, Inc. (``SSI``) since the date of its acquisition, August 8, 2000, and the Adaptive Notch Filter (``ANF``) division of Lockheed Martin Canada since the date of its acquisition, December 21, 2000.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
Financial Results:
ISCO reported consolidated net revenues of $287,000 for the quarter ending December 31, 2000 versus $453,000 during the comparable period of 1999. Net revenues for fiscal year 2000 were $496,000 versus $2,409,000 for the same 12-month period in 1999. All revenues resulted from commercial product sales and not from government research contracts.
The consolidated operating loss for fiscal year 2000 was $13,276,000, versus $9,471,000 for the same period in 1999. The increased consolidated net operating loss was primarily due to lower revenue. The Company`s strategic focus on 3rd Generation wireless systems in Asia has resulted in increased R&D spending and increased business development expenses without an immediate revenue impact. The Company`s attempt at broadening its product offerings with the acquisitions of SSI and ANF resulted in an increase in goodwill amortization. Other items that impacted the increased net operating loss included the recognition of non-cash compensation expense due to the recent adoption by the Company of FASB Interpretation No. 44 and an increase in professional fees related, in part, to the extended proxy solicitation and two acquisitions during 2000.
The consolidated net loss for fiscal 2000 was $18,796,000. For 1999, ISCO reported a consolidated net loss of $22,716,000. Consolidated net loss on a per-share basis was $0.57 per share for fiscal 2000 and $1.77 per share for the comparable period in 1999. The weighted-average number of shares outstanding increased from 12,841,000 to 33,037,000 for the years ending December 31, 1999 and December 31, 2000, respectively. The increase in shares outstanding is a result of the conversion of all the Company`s senior convertible notes into common shares, the exercise of warrants and options, and the issuance of six million shares in the two acquisitions.
Financing Commitment:
ISCO also announced that it has obtained a $20 million equity line commitment from a financial institution. This equity line, pursuant to which ISCO has the right but not the obligation to draw upon during the next 24 months, would allow ISCO to sell its common stock to the investor at a 6% discount to then-prevailing market prices. ISCO has no immediate need to utilize this commitment. Details of this financing will be filed by the Company with its upcoming Annual Report on Form 10-K.
Clean Audit Opinion:
``We have worked very hard at restoring ISCO to financial health,`` stated George Calhoun, CEO of ISCO. ``Today, I am proud to announce that our efforts have begun to pay off. For the first time in several years, we have received a clean audit opinion, without a going-concern qualification. Today, ISCO is debt-free, other than a short-term advance against the substantial litigation settlement ($20 million, less legal fees and expenses) expected to be received during April and May, subject to court approval. In addition, the Company`s $20 million equity line will give us an added capital resource to draw upon either opportunistically or should the need arise.
``These financial steps parallel the important progress we have made with both product-development and marketing, for 2G, 2.5G and 3G markets. The telecom infrastructure industry has long lead-times for orders, and 2.5G and 3G networks are just beginning to be built. Our strategy is to put into place the building blocks for success -- higher-performance, smaller, less costly products; partnerships with strong manufacturing, marketing and technology partners; constructive, technically sound engagement with the market; and a strong position in intellectual property. ISCO has been taking these steps, and we are optimistic that in the course of the current year we will begin to see them bear fruit.``
Illinois Superconductor Corporation is a leading supplier of interference management solutions for the wireless telecommunications industry and is the industry leader in the commercialization of high temperature superconducting technology for the wireless telecommunications industry. ISCO develops, manufactures, and markets radio frequency (RF) products to enhance the quality and capacity of cellular telephone, personal communications services (PCS) and other wireless services and systems.
ISCO offers the broadest range of interference management solutions in the industry. It offers the only patented product in the world that suppresses in-band interference within 20 milliseconds. The company offers the widest range of configurations for HTS out-of-band interference solutions that support cellular, PCS and 3G systems. Its products include the smallest HTS filter systems on the market today, as well as the only failure-proof all- temperature HTS filter architecture, our patented ATP(TM) system. ISCO has sold more than 300 systems worldwide and has on-going field trials with domestic and international service providers. ISCO is also developing ultra- high-performance superconducting front-end products, including both transmitter and receiver products for emerging third generation (3G) wireless systems. 3G wireless systems are expected to replace current wireless systems over the next several years.
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,`` ``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the Company`s actual results, performance or achievements to differ materially from those expressed in, or implied by, such statements. These factors include, among others, the following: the possibility that the court will not approve the proposed settlements; market acceptance of the Company`s technology; the spending patterns of wireless network operators in connection with the build out of 3G wireless systems; the Company`s ability to obtain additional financing in the near future; the Company`s history of net losses and the lack of assurance that the Company`s earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively against better capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on liquidity of the Company`s common stock because of its de-listing from the Nasdaq National Market in June 1999; continued downward pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of front-end systems for the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract and retain key personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is included in the Company`s filings with the Securities and Exchange Commission, including those described under the heading ``Risk Factors`` in the Company`s Annual Report on Form 10-K for the fiscal year-ended December 31, 2000. You should not place undue reliance on any forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date of this Report or to reflect the occurrence of unanticipated events.
Twelve Months Ended
............................................Dec. 31,.......Dec. 31,
..............................................2000...........1999
AUDITED
Net sales......................................$496,000......$2,409,000
Costs and expenses:
Cost of sales...............................2,673,000......5,923,000
Research and development........ ..3,188,000......1,757,000
Selling and marketing....................1,240,000......1,582,000
General and administrative............6,672,000......2,618,000
Total costs and expenses.............13,772,000.....11,880,000
Operating loss..............................$(13,276,000)...$(9,471,000)
Other income (expense):
Interest income................................175,000.........98,000
Non-cash interest expense on Senior
convertible notes..........................(5,632,000)...(12,608,000)
Other interest expense.........................(19,000).......(26,000)
Other income, net..............................(16,000)........37,000
Total other income (expense).................$(5,492,000)..$(12,500,000)
Loss before extraordinary item..............$(18,768,000)..$(21,971,000)
Extraordinary item -- debt extinguishment........(28,000)......(745,000)
Net loss $(18,796,000)..$(22,716,000)
Basic and diluted loss per common
share before extraordinary item..................$(0.57)........$(1.71)
Extraordinary item -- debt extinguishment
Basic and diluted loss per common share...........$(0.57)........$(1.77)
Weighted average number of common
shares outstanding............................33,037,000.....12,841,000
SOURCE Illinois Superconductor Corporation 10K Annual Report.
Web site: http://www.iscointl.com
SOURCE: ISCO International
Thursday March 22 04:30 PM EST
DAILY BRIEFING -- The Superconducting Race Is Heating Up Again
DAILY BRIEFING
By Alan Hall in New York
It was the kind of wild night only a scientist could love. The scene: the annual meeting of the American Physical Society in Seattle. On the evening of Mar. 12, more than 1,000 physicists crammed the Grand Ballroom of the Westin Hotel, where 80 excited researchers from laboratories around the world presented two-minute summaries of their research on a common alloy of magnesium and boron called magnesium diboride. Questioning -- limited to one minute per inquisitor -- was brisk.
Why the fuss? The revelation on Jan. 10 by physicist Jun Akimitsu and colleagues at Aoyama Gakuin University in Tokyo that magnesium diboride is, indeed, a superconducting agent. These are substances that, when cooled to bone-chilling temperatures, conduct electrical current without any losses to electrical resistance. The Japanese scientists reported that MgB2, as it is known to physicists, becomes a superconducting agent when it`s chilled to 39 kelvins (minus 390 degrees Fahrenheit). That`s cold, all right (absolute zero, the coldest temperature in the universe, is 0 kelvins, or minus 486 degrees F). But MgB2 seems to lose its electrical resistance at higher temperatures compared to metal superconductors.
ELUSIVE GOALS. The prospect of a new superconductor that raises the temperature barrier is an exciting one for scientists. Superconducting wires would allow engineers finally to realize the long-sought goals of power lines that can transmit vast amounts of electricity or high-speed trains that float on intense magnetic fields.
MgB2 joins a small group of materials known as low-temperature superconductors (LTS). Most familiar of these metallic alloys is a compound of niobium and tin, discovered in the 1960s. But it`s expensive to produce and must be bathed in costly liquid helium, which has a temperature just above absolute zero -- 4 kelvins (minus 468 degrees F). As a result, uses are still limited to such applications as the coils in magnetic-resonance imaging (MRI) machines, which produce the intense magnetic fields needed to create detailed images of the human body.
The problem of finding practical superconductors that operated at warmer temperatures appeared to be solved in 1986 when two researchers at IBM`s laboratories in Zurich -- Alex Muller and Georg Bednorz -- said they had discovered ceramic compounds that became superconducting at a balmy 35 kelvins. Right behind the IBM team was Paul Chu of the University of Houston, who announced a compound that became superconducting at the temperature where nitrogen becomes liquid, 94 kelvins (minus 390 deg. F).
WOODSTOCK NOTION. Those developments, which later won the Swiss researchers a Nobel Prize, also created a sensation at the 1987 APS meeting, where another late-night session came to be dubbed the ``Woodstock of Physics.``
But these new ceramic substances, now known as high-temperature superconductors (HTS), never fulfilled their early promise. Being ceramic, they`re brittle. It took months of experiments before any group succeeded in producing even a short length of wire. They`re also complex and costly to produce. Worse yet, their disorderly crystal structure makes it difficult to pump large amounts of current through them.
Largely due to the efforts of a few small startup companies -- such as American Superconductor Corp. (NasdaqNM:AMSC - news) in Westborough, Mass., and Illinois Superconductor Corp. in Mt. Prospect, Ill. -- HTS superconductors are eking out niches, much like the earlier low-temperature alloys. American Superconductor, for example, has developed prototype electrical motors with coils made from HTS materials, as well as experimental power cables that span short distances. An HTS cable, the first to be connected to a utility power grid, is scheduled for testing in Detroit this spring. Meanwhile, Illinois Superconductor has specialized in making superconducting filters to cancel out cellular-phone interference and that of other devices, such as receivers for wireless communications.
``INTERNET EFFECT.`` With the discovery of MgB2, researchers are once again hot for low-temperature superconductors. Even before the recent APS session -- which scientists are now calling ``Woodstock West`` -- results were pouring out of laboratories around the world. ``We`re calling it the `Internet effect,``` one scientist says.
``We`ve confirmed that this readily available compound has the special capabilities needed for the frictionless conduction of electricity,`` says David Larbalestier, director of the Applied Superconductivity Center. ``Our evaluation shows that this material is not just interesting scientifically but practically as well.``
But as those working with HTS materials have learned, it`s a long way from the lab to the field. Here, physicists from the Energy Dept`s Ames Laboratory in Iowa think they may have an advantage. Ames` scientist Paul Canfield observes that mile-long monofilaments of boron are commonly manufactured. ``This opens the possibility of developing a continuous process in which boron monofilament is made and then transformed into wire,`` he says.
Still, making wire from magnesium-boron compound presents some major challenges. Like the ceramic superconductors, MgB2 is brittle and will require special coatings to protect the fragile conductors. Officials at American Superconductor Corp. caution against expecting a transformation of the power grid anytime soon. ``A great deal remains to be done to develop wires that are robust and cost-effective to manufacture,`` warns Alex Malozemoff, chief technology officer. ``It`s likely it will take them 5 to 10 years to get out of the laboratory and into the marketplace.``
THE DOWNSIDE. Indeed, after the initial jolt of optimism, the real work has just begun. Already a number of scientific papers have been submitted to prestigious journals that focus on the downside of the new material. And MgB2 isn`t the only new contender for the title of superconductor. ``We still haven`t come close to discovering all the materials in the universe that exhibit superconductivity,`` says Greg Yurek, chief executive of American Superconductor.
For example, researchers at Lucent Technologies` Bell Labs also announced in early March that they had coaxed a plastic into becoming a low-temperature superconductor -- a development that holds great promise for computing and electronics (see BW Online, 2/15/2001, ``A Plastic Future for Superconductors``). And the developers of MgB2 and Bell Labs plastic are confident that twiddling with the chemistry of the new compounds will allow them to push the temperatures at which they become superconducting even higher, like superconducting ceramics. ``Sister compounds that work at higher temperatures probably exist and are under intense study,`` says Larbalestier of the Applied Superconductivity Center.
Like any technological development, this one will take time and will likely suffer numerous setbacks. But for scientists developing new technologies that depend on easing resistance to the flow of electrons, it`s Woodstock, 2001.
DAILY BRIEFING -- The Superconducting Race Is Heating Up Again
DAILY BRIEFING
By Alan Hall in New York
It was the kind of wild night only a scientist could love. The scene: the annual meeting of the American Physical Society in Seattle. On the evening of Mar. 12, more than 1,000 physicists crammed the Grand Ballroom of the Westin Hotel, where 80 excited researchers from laboratories around the world presented two-minute summaries of their research on a common alloy of magnesium and boron called magnesium diboride. Questioning -- limited to one minute per inquisitor -- was brisk.
Why the fuss? The revelation on Jan. 10 by physicist Jun Akimitsu and colleagues at Aoyama Gakuin University in Tokyo that magnesium diboride is, indeed, a superconducting agent. These are substances that, when cooled to bone-chilling temperatures, conduct electrical current without any losses to electrical resistance. The Japanese scientists reported that MgB2, as it is known to physicists, becomes a superconducting agent when it`s chilled to 39 kelvins (minus 390 degrees Fahrenheit). That`s cold, all right (absolute zero, the coldest temperature in the universe, is 0 kelvins, or minus 486 degrees F). But MgB2 seems to lose its electrical resistance at higher temperatures compared to metal superconductors.
ELUSIVE GOALS. The prospect of a new superconductor that raises the temperature barrier is an exciting one for scientists. Superconducting wires would allow engineers finally to realize the long-sought goals of power lines that can transmit vast amounts of electricity or high-speed trains that float on intense magnetic fields.
MgB2 joins a small group of materials known as low-temperature superconductors (LTS). Most familiar of these metallic alloys is a compound of niobium and tin, discovered in the 1960s. But it`s expensive to produce and must be bathed in costly liquid helium, which has a temperature just above absolute zero -- 4 kelvins (minus 468 degrees F). As a result, uses are still limited to such applications as the coils in magnetic-resonance imaging (MRI) machines, which produce the intense magnetic fields needed to create detailed images of the human body.
The problem of finding practical superconductors that operated at warmer temperatures appeared to be solved in 1986 when two researchers at IBM`s laboratories in Zurich -- Alex Muller and Georg Bednorz -- said they had discovered ceramic compounds that became superconducting at a balmy 35 kelvins. Right behind the IBM team was Paul Chu of the University of Houston, who announced a compound that became superconducting at the temperature where nitrogen becomes liquid, 94 kelvins (minus 390 deg. F).
WOODSTOCK NOTION. Those developments, which later won the Swiss researchers a Nobel Prize, also created a sensation at the 1987 APS meeting, where another late-night session came to be dubbed the ``Woodstock of Physics.``
But these new ceramic substances, now known as high-temperature superconductors (HTS), never fulfilled their early promise. Being ceramic, they`re brittle. It took months of experiments before any group succeeded in producing even a short length of wire. They`re also complex and costly to produce. Worse yet, their disorderly crystal structure makes it difficult to pump large amounts of current through them.
Largely due to the efforts of a few small startup companies -- such as American Superconductor Corp. (NasdaqNM:AMSC - news) in Westborough, Mass., and Illinois Superconductor Corp. in Mt. Prospect, Ill. -- HTS superconductors are eking out niches, much like the earlier low-temperature alloys. American Superconductor, for example, has developed prototype electrical motors with coils made from HTS materials, as well as experimental power cables that span short distances. An HTS cable, the first to be connected to a utility power grid, is scheduled for testing in Detroit this spring. Meanwhile, Illinois Superconductor has specialized in making superconducting filters to cancel out cellular-phone interference and that of other devices, such as receivers for wireless communications.
``INTERNET EFFECT.`` With the discovery of MgB2, researchers are once again hot for low-temperature superconductors. Even before the recent APS session -- which scientists are now calling ``Woodstock West`` -- results were pouring out of laboratories around the world. ``We`re calling it the `Internet effect,``` one scientist says.
``We`ve confirmed that this readily available compound has the special capabilities needed for the frictionless conduction of electricity,`` says David Larbalestier, director of the Applied Superconductivity Center. ``Our evaluation shows that this material is not just interesting scientifically but practically as well.``
But as those working with HTS materials have learned, it`s a long way from the lab to the field. Here, physicists from the Energy Dept`s Ames Laboratory in Iowa think they may have an advantage. Ames` scientist Paul Canfield observes that mile-long monofilaments of boron are commonly manufactured. ``This opens the possibility of developing a continuous process in which boron monofilament is made and then transformed into wire,`` he says.
Still, making wire from magnesium-boron compound presents some major challenges. Like the ceramic superconductors, MgB2 is brittle and will require special coatings to protect the fragile conductors. Officials at American Superconductor Corp. caution against expecting a transformation of the power grid anytime soon. ``A great deal remains to be done to develop wires that are robust and cost-effective to manufacture,`` warns Alex Malozemoff, chief technology officer. ``It`s likely it will take them 5 to 10 years to get out of the laboratory and into the marketplace.``
THE DOWNSIDE. Indeed, after the initial jolt of optimism, the real work has just begun. Already a number of scientific papers have been submitted to prestigious journals that focus on the downside of the new material. And MgB2 isn`t the only new contender for the title of superconductor. ``We still haven`t come close to discovering all the materials in the universe that exhibit superconductivity,`` says Greg Yurek, chief executive of American Superconductor.
For example, researchers at Lucent Technologies` Bell Labs also announced in early March that they had coaxed a plastic into becoming a low-temperature superconductor -- a development that holds great promise for computing and electronics (see BW Online, 2/15/2001, ``A Plastic Future for Superconductors``). And the developers of MgB2 and Bell Labs plastic are confident that twiddling with the chemistry of the new compounds will allow them to push the temperatures at which they become superconducting even higher, like superconducting ceramics. ``Sister compounds that work at higher temperatures probably exist and are under intense study,`` says Larbalestier of the Applied Superconductivity Center.
Like any technological development, this one will take time and will likely suffer numerous setbacks. But for scientists developing new technologies that depend on easing resistance to the flow of electrons, it`s Woodstock, 2001.
Re: Ibull
Danke fuer den Super-Artikel ueber Super-Conductors. Ich glaube, ich werde Deine Aktie auch `mal auf die Watchlist nehmen.
Danke fuer den Super-Artikel ueber Super-Conductors. Ich glaube, ich werde Deine Aktie auch `mal auf die Watchlist nehmen.
Aaah - es geht los (vielleicht). ISCO bekommt nach langen Verhandlungen den ersten Auftrag aus dem Zukunftsmarkt Japan.
Thursday March 29, 12:49 pm Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Receives Orders for Three New Prototypes for Japanese 3G Superconducting Front-end Systems
MT. PROSPECT, Ill., March 29 /PRNewswire/ -- ISCO International (Illinois Superconductor
Corporation) (OTC Bulletin Board: ISCO - news), a leading supplier of
interference-management solutions for the wireless telecommunications industry, announced
today that it has received orders from two leading Japanese wireless equipment suppliers
(``OEMs``) for three new prototype superconducting (``HTS``) front-end systems, to be shipped
in the next two quarters. These systems are designed to meet the requirements for the 3G
networks being developed in Japan for commercial service beginning later this year.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036L…
``We have worked with these OEMs for some time now, and they have previously purchased
and evaluated test units from ISCO,`` said Dr. George M. Calhoun, CEO of ISCO. ``We
believe the performance of our HTS front- end technology has been validated in their previous
tests, and the new prototypes are intended to assist these OEMs in characterizing the concrete
product parameters of an HTS front-end system. These product parameters include such
characteristics as power usage, size, weight, shape, tower-mount or base-mount configuration,
acoustic noise, maintenance issues, and the like. We believe these new evaluations are aimed
at understanding the scenarios for operational deployment of HTS front-ends that will become
relevant as the 3G system build-outs gain momentum next year.
``As mentioned on several previous investor calls, we have a very active agenda in Japan,
which we believe will be the first market in the world to deploy the new 3G networks.`` Dr.
Calhoun continued, ``This is a significant step in that agenda. I regret that we cannot disclose
the identities of our customers in Japan yet, as we are bound by nondisclosure agreements.``
``These systems incorporate a technological leap forward and are based on our new V6
resonator architecture,`` said Dr. Amr Abdelmonem, Chief Technology Officer for ISCO.
``This is a thick-film design, so it maintains the highest filter performance of any system in the
world, but the size has been reduced by a factor of 5 as compared to previous designs. With
this design, we have implemented a 16-pole filter, for example, in a volume of less than 0.3
liters, which is approximately the size of a soft drink can. In one of the systems, we will use a
32-pole filter in a patented architecture for each receive path. We believe that this 32-pole
filter performance is the most effective filter design that has ever been built for a commercial
RF system.``
Dr. Calhoun commented further, ``We believe the 3G networks in Japan will bring the wireless Internet to reality. Compared to
today`s data services, 3G will allow wireless customers to go way beyond just short messaging and email to a full spectrum of
Internet services at speeds similar to those we enjoy today in the wireline network. We believe that high-performance front-end
systems, such as superconducting filters and adaptive notch filters to suppress interference, will be viewed as enabling
technologies for this network evolution.``
ISCO International is a leading supplier of interference-management solutions for the wireless telecommunications industry and is
the industry leader in the commercialization of high temperature superconducting technology for the wireless telecommunications
industry. ISCO develops, manufactures, and markets radio frequency (RF) products to enhance the quality and capacity of cellular
telephone, personal communications services (PCS) and other wireless services and systems.
ISCO offers the broadest range of interference management solutions in the industry. It offers the only patented product in the
world that suppresses in-band interference within 20 milliseconds. The company offers the widest range of configurations for HTS
out-of-band interference solutions that support cellular, PCS and 3G systems. Its products include the smallest HTS filter systems
on the market today, as well as the only failure-proof all-temperature HTS filter architecture, our patented ATP(TM) system.
ISCO has sold more than 300 systems worldwide and has on-going field trials with domestic and international service providers.
ISCO is also developing ultra-high-performance superconducting front-end products, including both transmitter and receiver
products for emerging third generation (3G) wireless systems. 3G wireless systems are expected to replace current wireless
systems over the next several years.
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and
incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the
future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to
identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,``
``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently
available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the
Company`s actual results, performance or achievements to differ materially from those expressed in, or implied by, such
statements. These factors include, among others, the following: market acceptance of the Company`s technology; the spending
patterns of wireless network operators in connection with the build out of 3G wireless systems; the Company`s ability to obtain
additional financing in the future; the Company`s history of net losses and the lack of assurance that the Company`s earnings will
be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively against better
capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on liquidity of the
Company`s common stock because of its de-listing from the NASDAQ National Market in June 1999; continued downward
pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of front-end systems for
the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract and retain key
personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is
included in the Company`s filings with the Securities and Exchange Commission, including those described under the heading ``Risk
Factors`` in the Company`s Annual Report on Form 10-K. You should not place undue reliance on any forward-looking statements.
The Company undertakes no obligation to release publicly the results of any revisions to any such forward-looking statements that
may be made to reflect events or circumstances after the date of this Report or to reflect the occurrence of unanticipated events.
SOURCE: ISCO International
Thursday March 29, 12:49 pm Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Receives Orders for Three New Prototypes for Japanese 3G Superconducting Front-end Systems
MT. PROSPECT, Ill., March 29 /PRNewswire/ -- ISCO International (Illinois Superconductor
Corporation) (OTC Bulletin Board: ISCO - news), a leading supplier of
interference-management solutions for the wireless telecommunications industry, announced
today that it has received orders from two leading Japanese wireless equipment suppliers
(``OEMs``) for three new prototype superconducting (``HTS``) front-end systems, to be shipped
in the next two quarters. These systems are designed to meet the requirements for the 3G
networks being developed in Japan for commercial service beginning later this year.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036L…
``We have worked with these OEMs for some time now, and they have previously purchased
and evaluated test units from ISCO,`` said Dr. George M. Calhoun, CEO of ISCO. ``We
believe the performance of our HTS front- end technology has been validated in their previous
tests, and the new prototypes are intended to assist these OEMs in characterizing the concrete
product parameters of an HTS front-end system. These product parameters include such
characteristics as power usage, size, weight, shape, tower-mount or base-mount configuration,
acoustic noise, maintenance issues, and the like. We believe these new evaluations are aimed
at understanding the scenarios for operational deployment of HTS front-ends that will become
relevant as the 3G system build-outs gain momentum next year.
``As mentioned on several previous investor calls, we have a very active agenda in Japan,
which we believe will be the first market in the world to deploy the new 3G networks.`` Dr.
Calhoun continued, ``This is a significant step in that agenda. I regret that we cannot disclose
the identities of our customers in Japan yet, as we are bound by nondisclosure agreements.``
``These systems incorporate a technological leap forward and are based on our new V6
resonator architecture,`` said Dr. Amr Abdelmonem, Chief Technology Officer for ISCO.
``This is a thick-film design, so it maintains the highest filter performance of any system in the
world, but the size has been reduced by a factor of 5 as compared to previous designs. With
this design, we have implemented a 16-pole filter, for example, in a volume of less than 0.3
liters, which is approximately the size of a soft drink can. In one of the systems, we will use a
32-pole filter in a patented architecture for each receive path. We believe that this 32-pole
filter performance is the most effective filter design that has ever been built for a commercial
RF system.``
Dr. Calhoun commented further, ``We believe the 3G networks in Japan will bring the wireless Internet to reality. Compared to
today`s data services, 3G will allow wireless customers to go way beyond just short messaging and email to a full spectrum of
Internet services at speeds similar to those we enjoy today in the wireline network. We believe that high-performance front-end
systems, such as superconducting filters and adaptive notch filters to suppress interference, will be viewed as enabling
technologies for this network evolution.``
ISCO International is a leading supplier of interference-management solutions for the wireless telecommunications industry and is
the industry leader in the commercialization of high temperature superconducting technology for the wireless telecommunications
industry. ISCO develops, manufactures, and markets radio frequency (RF) products to enhance the quality and capacity of cellular
telephone, personal communications services (PCS) and other wireless services and systems.
ISCO offers the broadest range of interference management solutions in the industry. It offers the only patented product in the
world that suppresses in-band interference within 20 milliseconds. The company offers the widest range of configurations for HTS
out-of-band interference solutions that support cellular, PCS and 3G systems. Its products include the smallest HTS filter systems
on the market today, as well as the only failure-proof all-temperature HTS filter architecture, our patented ATP(TM) system.
ISCO has sold more than 300 systems worldwide and has on-going field trials with domestic and international service providers.
ISCO is also developing ultra-high-performance superconducting front-end products, including both transmitter and receiver
products for emerging third generation (3G) wireless systems. 3G wireless systems are expected to replace current wireless
systems over the next several years.
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and
incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the
future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to
identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,``
``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently
available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the
Company`s actual results, performance or achievements to differ materially from those expressed in, or implied by, such
statements. These factors include, among others, the following: market acceptance of the Company`s technology; the spending
patterns of wireless network operators in connection with the build out of 3G wireless systems; the Company`s ability to obtain
additional financing in the future; the Company`s history of net losses and the lack of assurance that the Company`s earnings will
be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively against better
capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on liquidity of the
Company`s common stock because of its de-listing from the NASDAQ National Market in June 1999; continued downward
pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of front-end systems for
the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract and retain key
personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is
included in the Company`s filings with the Securities and Exchange Commission, including those described under the heading ``Risk
Factors`` in the Company`s Annual Report on Form 10-K. You should not place undue reliance on any forward-looking statements.
The Company undertakes no obligation to release publicly the results of any revisions to any such forward-looking statements that
may be made to reflect events or circumstances after the date of this Report or to reflect the occurrence of unanticipated events.
SOURCE: ISCO International
Viel Geld fuer ISCO: Das Gericht hat dem Vergleich ueber $15 mio. zugestimmt.
Monday April 2, 4:25 pm Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Announces Court Approval of $15 Million Settlement
MT. PROSPECT, Ill., April 2 /PRNewswire/ -- ISCO International (Illinois Superconductor
Corporation) (OTC Bulletin Board: ISCO - news), a leading supplier of
interference-management solutions for the wireless telecommunications industry, announced
today that a previously disclosed settlement of shareholder litigation was approved by the court
on March 30, 2001, which will result in the Company receiving $15 million, less legal fees. The
court awarded interim attorney fees of $3 million and, pending further review by the court, set
aside an additional $1.5 million in escrow for legal fees.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
Approval regarding another previously disclosed proposed settlement of $5 million with another
party is scheduled for a court ruling on April 27, 2001.
Der Rest der Nachricht war ein Disclaimer. Wer`s lesen will:
http://biz.yahoo.com/prnews/010402/cgm072.html
Monday April 2, 4:25 pm Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Announces Court Approval of $15 Million Settlement
MT. PROSPECT, Ill., April 2 /PRNewswire/ -- ISCO International (Illinois Superconductor
Corporation) (OTC Bulletin Board: ISCO - news), a leading supplier of
interference-management solutions for the wireless telecommunications industry, announced
today that a previously disclosed settlement of shareholder litigation was approved by the court
on March 30, 2001, which will result in the Company receiving $15 million, less legal fees. The
court awarded interim attorney fees of $3 million and, pending further review by the court, set
aside an additional $1.5 million in escrow for legal fees.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
Approval regarding another previously disclosed proposed settlement of $5 million with another
party is scheduled for a court ruling on April 27, 2001.
Der Rest der Nachricht war ein Disclaimer. Wer`s lesen will:
http://biz.yahoo.com/prnews/010402/cgm072.html
Das sind ja gute Nachrichten für ISCO.
Wärend meine AMSC mit einer Gewinnwarnung glänzten....
Aber bei dem gegenwärtigen Markt glaube ich nicht,
dass.....
Was soll´s gerade wer in Supraleiter-Unternehmen investiert,
sollte sich der Langfristigkeit (mindestens 5 Jahre) bewusst
sein.
Gruss lbull
Wärend meine AMSC mit einer Gewinnwarnung glänzten....
Aber bei dem gegenwärtigen Markt glaube ich nicht,
dass.....
Was soll´s gerade wer in Supraleiter-Unternehmen investiert,
sollte sich der Langfristigkeit (mindestens 5 Jahre) bewusst
sein.
Gruss lbull
Pressemitteilung von amsc
Wednesday April 18, 1:44 pm Eastern Time
Press Release
Congressman John Olver Tours Construction Site for American Superconductor`s First HTS Wire Manufacturing Plant
New First-in-the-World Facility on Schedule for High-Yield Production in 2002
DEVENS, Mass.--(BUSINESS WIRE)--April 18, 2001-- American Superconductor Corporation (Nasdaq: AMSC - news) reported that today Congressman John Olver (D-MA) toured the company`s new high temperature superconductor (HTS) wire manufacturing facility - the first large-scale production facility in the world for commercial HTS wires - located in the Devens Commerce Center here. Superconducting wire made by the plant is expected to be used by companies around the world to create high capacity, high-efficiency power cables, motors and generators.
ADVERTISEMENT
Construction of the new, state-of-the-art manufacturing plant and acquisition of equipment are on schedule. The company anticipates that equipment will be installed in the 355,000 square-foot facility starting this summer, qualification of the manufacturing operation will be completed in the first half of 2002, and high-yield HTS wire manufacturing will be underway in the second half of 2002.
``HTS wires produced by American Superconductor are key to meeting the country`s increasing demand for electric power and improving power grid efficiency,`` Olver said. ``HTS wires will relieve gridlock in our power networks by carrying more power through existing rights of way and enable electrical generators to produce more power for every unit of fuel consumed. HTS wires will also be used in ship propulsion motors that are smaller, lighter and cheaper to make and operate. This technology is truly revolutionary.
``I am delighted to see that American Superconductor is on schedule with the opening of the world`s first commercial HTS wire manufacturing plant,`` Olver added. ``This plant is impressive in all respects - in its size, in its use of state-of-the-art production equipment and manufacturing methodologies and, of course, in the fact that it will be producing wires that carry over 150 times the power of copper wires of the same dimensions. This operation will also create a significant number of high-quality jobs for people in the North Worcester area.``
American Superconductor Chief Executive Officer Greg Yurek said the first employees for the new facility had already been hired and were being trained at company headquarters in Westborough, Mass. ``The first employees will start working at the Devens manufacturing facility this summer,`` Yurek said. ``Once we are in volume production, starting in about one year, we expect to be employing hundreds of employees here.``
American Superconductor is the world leader in HTS wire manufacturing. Over the last decade, the company has produced more than 1,000 kilometers of HTS wire for development and demonstration purposes. American Superconductor currently produces HTS wire at a rate of 500 kilometers per year in its Westborough operations to meet near-term demand. Designed to meet further increases in demand over the next several years, the new manufacturing site will have a capacity of 10,000 kilometers per year, with the capability to increase annual production to 20,000 kilometers.
The company believes its HTS wire is the lowest cost, highest performance HTS wire in the world. According to industry experts, American Superconductor`s standard HTS wire has twice the power density of its closest competitors.
The Devens Commerce Center, located 35 miles northwest of Boston, is a 4,400-acre former military base that is being transformed into a modern industrial and technology-intensive business park.
Technical Background
Superconductors are materials that carry large quantities of electricity with zero electrical resistance when cooled to very low, or cryogenic temperatures. While superconductors have been known for decades, until recently commercial applications were limited to magnetic resonance imaging (MRI) devices. MRI devices utilize low temperature superconductor (LTS) wires. But in 1986, scientists at IBM discovered a new family of superconductor materials that operate at 5 to 20 times higher temperatures. These new materials, which are ceramic compounds, are known as high temperature superconductors (HTS). The lower cost of cooling HTS materials is expected to revolutionize large-scale commercial applications for superconducting wire in the electric power industry. New applications include high power density electric cables capable of carrying up to five times the power of an equal sized copper cable, and motors and generators that are significantly more energy efficient than conventional devices - while also being smaller and less costly to produce. American Superconductor has over 400 patents, patent applications and licenses related to the manufacture of HTS wires and the applications of superconductors to electric power applications.
American Superconductor
American Superconductor Corporation, headquartered in Westborough, Mass., was founded in 1987 and is a world leader in developing and manufacturing products utilizing superconducting materials and power electronic devices for the power infrastructure. The company`s products can dramatically increase the bandwidth and reliability of power delivery networks, significantly reduce the manufacturing costs of electrical equipment such as motors and generators, lower electrical operating costs and conserve resources that are used to produce electric power. See www.amsuper.com.
Certain statements in this release, including statements containing the words ``believes,`` ``anticipates,`` ``plans,`` ``expects,`` ``will`` and similar expressions, constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are a number of important factors that could cause actual results to differ materially from those indicated by such forward-looking statements. Such factors include the uncertainties that: the company will be able to obtain the anticipated funding from corporate and government contracts; the company will be able to successfully develop and manufacture commercial products; a robust market will develop for the company`s products; and the company will secure anticipated orders. Additionally such factors include: the risk that strategic alliances and other contracts may be terminated; the risk that certain technologies utilized by the company will infringe intellectual property rights of others; the competition encountered by the company, including several large Japanese companies; the amount and timing of the company`s future cash requirements and the availability of satisfactory financing sources. Reference is made to these and other factors discussed in the ``Management`s Discussion and Analysis of Financial Condition and Results of Operation`` section of the company`s periodic reports filed with the Securities and Exchange Commission.
--------------------------------------------------------------------------------
Wednesday April 18, 1:44 pm Eastern Time
Press Release
Congressman John Olver Tours Construction Site for American Superconductor`s First HTS Wire Manufacturing Plant
New First-in-the-World Facility on Schedule for High-Yield Production in 2002
DEVENS, Mass.--(BUSINESS WIRE)--April 18, 2001-- American Superconductor Corporation (Nasdaq: AMSC - news) reported that today Congressman John Olver (D-MA) toured the company`s new high temperature superconductor (HTS) wire manufacturing facility - the first large-scale production facility in the world for commercial HTS wires - located in the Devens Commerce Center here. Superconducting wire made by the plant is expected to be used by companies around the world to create high capacity, high-efficiency power cables, motors and generators.
ADVERTISEMENT
Construction of the new, state-of-the-art manufacturing plant and acquisition of equipment are on schedule. The company anticipates that equipment will be installed in the 355,000 square-foot facility starting this summer, qualification of the manufacturing operation will be completed in the first half of 2002, and high-yield HTS wire manufacturing will be underway in the second half of 2002.
``HTS wires produced by American Superconductor are key to meeting the country`s increasing demand for electric power and improving power grid efficiency,`` Olver said. ``HTS wires will relieve gridlock in our power networks by carrying more power through existing rights of way and enable electrical generators to produce more power for every unit of fuel consumed. HTS wires will also be used in ship propulsion motors that are smaller, lighter and cheaper to make and operate. This technology is truly revolutionary.
``I am delighted to see that American Superconductor is on schedule with the opening of the world`s first commercial HTS wire manufacturing plant,`` Olver added. ``This plant is impressive in all respects - in its size, in its use of state-of-the-art production equipment and manufacturing methodologies and, of course, in the fact that it will be producing wires that carry over 150 times the power of copper wires of the same dimensions. This operation will also create a significant number of high-quality jobs for people in the North Worcester area.``
American Superconductor Chief Executive Officer Greg Yurek said the first employees for the new facility had already been hired and were being trained at company headquarters in Westborough, Mass. ``The first employees will start working at the Devens manufacturing facility this summer,`` Yurek said. ``Once we are in volume production, starting in about one year, we expect to be employing hundreds of employees here.``
American Superconductor is the world leader in HTS wire manufacturing. Over the last decade, the company has produced more than 1,000 kilometers of HTS wire for development and demonstration purposes. American Superconductor currently produces HTS wire at a rate of 500 kilometers per year in its Westborough operations to meet near-term demand. Designed to meet further increases in demand over the next several years, the new manufacturing site will have a capacity of 10,000 kilometers per year, with the capability to increase annual production to 20,000 kilometers.
The company believes its HTS wire is the lowest cost, highest performance HTS wire in the world. According to industry experts, American Superconductor`s standard HTS wire has twice the power density of its closest competitors.
The Devens Commerce Center, located 35 miles northwest of Boston, is a 4,400-acre former military base that is being transformed into a modern industrial and technology-intensive business park.
Technical Background
Superconductors are materials that carry large quantities of electricity with zero electrical resistance when cooled to very low, or cryogenic temperatures. While superconductors have been known for decades, until recently commercial applications were limited to magnetic resonance imaging (MRI) devices. MRI devices utilize low temperature superconductor (LTS) wires. But in 1986, scientists at IBM discovered a new family of superconductor materials that operate at 5 to 20 times higher temperatures. These new materials, which are ceramic compounds, are known as high temperature superconductors (HTS). The lower cost of cooling HTS materials is expected to revolutionize large-scale commercial applications for superconducting wire in the electric power industry. New applications include high power density electric cables capable of carrying up to five times the power of an equal sized copper cable, and motors and generators that are significantly more energy efficient than conventional devices - while also being smaller and less costly to produce. American Superconductor has over 400 patents, patent applications and licenses related to the manufacture of HTS wires and the applications of superconductors to electric power applications.
American Superconductor
American Superconductor Corporation, headquartered in Westborough, Mass., was founded in 1987 and is a world leader in developing and manufacturing products utilizing superconducting materials and power electronic devices for the power infrastructure. The company`s products can dramatically increase the bandwidth and reliability of power delivery networks, significantly reduce the manufacturing costs of electrical equipment such as motors and generators, lower electrical operating costs and conserve resources that are used to produce electric power. See www.amsuper.com.
Certain statements in this release, including statements containing the words ``believes,`` ``anticipates,`` ``plans,`` ``expects,`` ``will`` and similar expressions, constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are a number of important factors that could cause actual results to differ materially from those indicated by such forward-looking statements. Such factors include the uncertainties that: the company will be able to obtain the anticipated funding from corporate and government contracts; the company will be able to successfully develop and manufacture commercial products; a robust market will develop for the company`s products; and the company will secure anticipated orders. Additionally such factors include: the risk that strategic alliances and other contracts may be terminated; the risk that certain technologies utilized by the company will infringe intellectual property rights of others; the competition encountered by the company, including several large Japanese companies; the amount and timing of the company`s future cash requirements and the availability of satisfactory financing sources. Reference is made to these and other factors discussed in the ``Management`s Discussion and Analysis of Financial Condition and Results of Operation`` section of the company`s periodic reports filed with the Securities and Exchange Commission.
--------------------------------------------------------------------------------
Oh, es gibt news von ISCO. Und wieder `mal keine schlechten - der erste Vergleich ist gerichtlich genehmigt worden:
Friday April 27, 6:01 pm Eastern Time
Press Release
SOURCE: ISCO International
ISCO Announces Court Approves $5 Million Settlement
MT. PROSPECT, Ill., April 27 /PRNewswire/ -- ISCO International (Illinois Superconductor Corporation) (OTC Bulletin Board:
ISCO - news), a leading supplier of interference-management solutions for the wireless telecommunications industry, announced
today that a previously disclosed settlement of shareholder litigation was approved by the court on April 27, 2001, which will result
in the Company receiving $5 million, less attorney fees. The court awarded attorney fees of $1.5 million in this settlement.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO)
In addition, relating to the previously announced $15 million court approved settlement, the court approved the release of the final
$1.5 million in attorney`s fees held in escrow since March 30th.
Der Rest der message ist ein Disclaimer.
MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X61260553
SOURCE: ISCO International
Friday April 27, 6:01 pm Eastern Time
Press Release
SOURCE: ISCO International
ISCO Announces Court Approves $5 Million Settlement
MT. PROSPECT, Ill., April 27 /PRNewswire/ -- ISCO International (Illinois Superconductor Corporation) (OTC Bulletin Board:
ISCO - news), a leading supplier of interference-management solutions for the wireless telecommunications industry, announced
today that a previously disclosed settlement of shareholder litigation was approved by the court on April 27, 2001, which will result
in the Company receiving $5 million, less attorney fees. The court awarded attorney fees of $1.5 million in this settlement.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO)
In addition, relating to the previously announced $15 million court approved settlement, the court approved the release of the final
$1.5 million in attorney`s fees held in escrow since March 30th.
Der Rest der message ist ein Disclaimer.
MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X61260553
SOURCE: ISCO International
Hallo, sind noch welche wach? ... Ich glaube, die Überschrift sagt vieles. $512k sind zwar immer noch nicht berauschend, aber sie zeigen, daß die Produkte von ISCO tatsächlich einen Markt haben.
Monday May 14, 6:03 pm Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Reports 198% Increase in First Quarter Revenues
MT. PROSPECT, Ill., May 14 /PRNewswire/ -- ISCO International (OTC Bulletin Board:
ISCO - news), a leading supplier of interference-management solutions for the wireless
telecommunications industry, today reported financial results for the first quarter, 2001.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
ISCO reported a 198% increase in consolidated net revenues to $512,000 for the quarter
ending March 31, 2001 as compared to $172,000 recognized in the comparable period of 2000.
First quarter results also exceeded revenue, $496,000, for the entire year-ending December 31,
2000. This revenue increase resulted from an increase in sales of HTS filter products and
revenue from the recently acquired ANF division. ANF revenue from the previously
announced Bell Mobility contract, however, will be recognized on shipment during the second
quarter of 2001.
The consolidated operating loss for the quarter ending March 31, 2001 was $4,747,000, versus
$2,431,000 for the same period in 2000. The increased consolidated net operating loss was
primarily due to the acquisitions of ANF and SSI that resulted in goodwill amortization,
increased depreciation and increased engineering costs. In addition there was an increase in
R&D costs associated with the Company`s strategic focus on 3rd Generation wireless systems
in Asia and other projects, costs associated with the establishment of a new commercial
development team, and non-cash compensation charges.
The weighted-average number of shares outstanding increased from 33,037,000 to 107,742,000
from the year ending December 31, 2000 and the quarter ending March 31, 2001, respectively.
The increase in weighted-average shares outstanding is mainly a result of events that occurred
during the last quarter of 2000, including the conversion of all the Company`s senior convertible
notes into common shares, the exercise of warrants and options, and the issuance of common
shares in two acquisitions.
ISCO International is a leading supplier of interference-management solutions for the wireless
telecommunications industry and is the industry leader in the commercialization of high
temperature superconducting technology for the wireless telecommunications industry. ISCO
develops, manufactures, and markets radio frequency (RF) products to enhance the quality and
capacity of cellular telephone, personal communications services (PCS) and other wireless
services and systems.
ISCO offers the broadest range of interference-management solutions in the industry. It offers the only patented product in the
world that suppresses in-band interference within 20 milliseconds. The company offers the widest range of configurations for HTS
out-of-band interference solutions that support cellular, PCS and 3G systems. Its products include the smallest HTS filter systems
on the market today, as well as the only failure-proof all-temperature HTS filter architecture, our patented ATP(TM) system.
ISCO has sold more than 400 systems worldwide and has on-going field trials with domestic and international service providers.
ISCO is also developing ultra- high-performance superconducting front-end products, including both transmitter and receiver
products for emerging third generation (3G) wireless systems. 3G wireless systems are expected to replace current wireless
systems over the next several years.
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and
incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the
future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to
identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,``
``intends,`` ``scheduled`` and similar expressions. These statements reflect the Company`s current beliefs and are based on
information currently available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies,
which could cause the Company`s actual results, performance or achievements to differ materially from those expressed in, or
implied by, such statements. These factors include, among others, the following: market acceptance of the Company`s technology;
the spending patterns of wireless network operators in connection with the build out of 3G wireless systems; the Company`s ability
to obtain additional financing in the near future; the Company`s history of net losses and the lack of assurance that the Company`s
earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively
against better capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on
liquidity of the Company`s common stock because of its de-listing from the NASDAQ National Market in June 1999; downward
pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of front-end systems for
the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract and retain key
personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is
included in the Company`s filings with the Securities and Exchange Commission, including those described under the heading ``Risk
Factors`` in the Company`s Annual Report on Form 10-K for the fiscal year-ended December 31, 2000. You should not place
undue reliance on any forward-looking statements. The Company undertakes no obligation to release publicly the results of any
revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date of this
Report or to reflect the occurrence of unanticipated events.
Three Months Ended
Mar. 31, Mar. 31,
2001 2000
UNAUDITED
Net sales $512,000 $172,000
Costs and expenses:
Cost of sales 804,000 649,000
Research and development 1,717,000 306,000
Selling and marketing 823,000 185,000
General and administrative 1,408,000 1,065,000
Total costs and expenses 4,752,000 2,205,000
Operating loss $(4,240,000) $(2,033,000)
Other income (expense):
Interest income 19,000 24,000
Non-cash interest expense on Senior
convertible notes -- (401,000)
Other interest expense (24,000) (2,000)
Goodwill amortization (509,000) --
Other income, net 7,000 8,000
Total other income (expense) $(507,000) $(370,000)
Loss before extraordinary item $(4,747,000) $(2,403,000)
Extraordinary item --
debt extinguishment -- (28,000)
Net loss $(4,747,000) $(2,431,000)
Basic and diluted loss per common
share before extraordinary item $(0.04) $(0.10)
Weighted average number of common
shares outstanding 107,742,000 24,326,000
Monday May 14, 6:03 pm Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Reports 198% Increase in First Quarter Revenues
MT. PROSPECT, Ill., May 14 /PRNewswire/ -- ISCO International (OTC Bulletin Board:
ISCO - news), a leading supplier of interference-management solutions for the wireless
telecommunications industry, today reported financial results for the first quarter, 2001.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
ISCO reported a 198% increase in consolidated net revenues to $512,000 for the quarter
ending March 31, 2001 as compared to $172,000 recognized in the comparable period of 2000.
First quarter results also exceeded revenue, $496,000, for the entire year-ending December 31,
2000. This revenue increase resulted from an increase in sales of HTS filter products and
revenue from the recently acquired ANF division. ANF revenue from the previously
announced Bell Mobility contract, however, will be recognized on shipment during the second
quarter of 2001.
The consolidated operating loss for the quarter ending March 31, 2001 was $4,747,000, versus
$2,431,000 for the same period in 2000. The increased consolidated net operating loss was
primarily due to the acquisitions of ANF and SSI that resulted in goodwill amortization,
increased depreciation and increased engineering costs. In addition there was an increase in
R&D costs associated with the Company`s strategic focus on 3rd Generation wireless systems
in Asia and other projects, costs associated with the establishment of a new commercial
development team, and non-cash compensation charges.
The weighted-average number of shares outstanding increased from 33,037,000 to 107,742,000
from the year ending December 31, 2000 and the quarter ending March 31, 2001, respectively.
The increase in weighted-average shares outstanding is mainly a result of events that occurred
during the last quarter of 2000, including the conversion of all the Company`s senior convertible
notes into common shares, the exercise of warrants and options, and the issuance of common
shares in two acquisitions.
ISCO International is a leading supplier of interference-management solutions for the wireless
telecommunications industry and is the industry leader in the commercialization of high
temperature superconducting technology for the wireless telecommunications industry. ISCO
develops, manufactures, and markets radio frequency (RF) products to enhance the quality and
capacity of cellular telephone, personal communications services (PCS) and other wireless
services and systems.
ISCO offers the broadest range of interference-management solutions in the industry. It offers the only patented product in the
world that suppresses in-band interference within 20 milliseconds. The company offers the widest range of configurations for HTS
out-of-band interference solutions that support cellular, PCS and 3G systems. Its products include the smallest HTS filter systems
on the market today, as well as the only failure-proof all-temperature HTS filter architecture, our patented ATP(TM) system.
ISCO has sold more than 400 systems worldwide and has on-going field trials with domestic and international service providers.
ISCO is also developing ultra- high-performance superconducting front-end products, including both transmitter and receiver
products for emerging third generation (3G) wireless systems. 3G wireless systems are expected to replace current wireless
systems over the next several years.
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and
incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the
future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to
identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,``
``intends,`` ``scheduled`` and similar expressions. These statements reflect the Company`s current beliefs and are based on
information currently available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies,
which could cause the Company`s actual results, performance or achievements to differ materially from those expressed in, or
implied by, such statements. These factors include, among others, the following: market acceptance of the Company`s technology;
the spending patterns of wireless network operators in connection with the build out of 3G wireless systems; the Company`s ability
to obtain additional financing in the near future; the Company`s history of net losses and the lack of assurance that the Company`s
earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively
against better capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on
liquidity of the Company`s common stock because of its de-listing from the NASDAQ National Market in June 1999; downward
pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of front-end systems for
the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract and retain key
personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is
included in the Company`s filings with the Securities and Exchange Commission, including those described under the heading ``Risk
Factors`` in the Company`s Annual Report on Form 10-K for the fiscal year-ended December 31, 2000. You should not place
undue reliance on any forward-looking statements. The Company undertakes no obligation to release publicly the results of any
revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date of this
Report or to reflect the occurrence of unanticipated events.
Three Months Ended
Mar. 31, Mar. 31,
2001 2000
UNAUDITED
Net sales $512,000 $172,000
Costs and expenses:
Cost of sales 804,000 649,000
Research and development 1,717,000 306,000
Selling and marketing 823,000 185,000
General and administrative 1,408,000 1,065,000
Total costs and expenses 4,752,000 2,205,000
Operating loss $(4,240,000) $(2,033,000)
Other income (expense):
Interest income 19,000 24,000
Non-cash interest expense on Senior
convertible notes -- (401,000)
Other interest expense (24,000) (2,000)
Goodwill amortization (509,000) --
Other income, net 7,000 8,000
Total other income (expense) $(507,000) $(370,000)
Loss before extraordinary item $(4,747,000) $(2,403,000)
Extraordinary item --
debt extinguishment -- (28,000)
Net loss $(4,747,000) $(2,431,000)
Basic and diluted loss per common
share before extraordinary item $(0.04) $(0.10)
Weighted average number of common
shares outstanding 107,742,000 24,326,000
+39% auf nun 2,25$ !! Ich glaube, ich muß mir das Ding mal genauer ansehen.
Die Feldversuche in Iowa waren wohl erfolgreich ...und jetzt verstehen auch die outsider, woher die heftigen Kursbewegungen der letzten Tage
kamen. Naja, glücklicherweise kann man ja in Deutschland noch kaufen, bevor die amerikanischen Märkte wieder öffnen...
Thursday May 24, 5:50 pm Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Receives Order for Adaptive Notch Filter Systems From Verizon Wireless
MT. PROSPECT, Ill., May 24 /PRNewswire/ -- ISCO International (Illinois Superconductor Corporation) (OTC Bulletin Board:
ISCO - news), a leading supplier of interference-management solutions for the wireless telecommunications industry, announced
today that it has received an order from Verizon Wireless for twelve Adaptive Notch Filter (ANF) systems, to be deployed in the
Chicago area.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
``This is our first order from a U.S. customer for the revolutionary ANF product, which we acquired through our transaction with
Lockheed Martin Canada last year,`` said Dr. George Calhoun, Chief Executive Officer of ISCO. ``We believe that the ANF
system is a highly effective solution to control in-band interference, which can have a serious impact on the capacity and
performance of CDMA systems.``
``The challenge in managing in-band interference is that interference sources are dynamic and unpredictable,`` said Dr. Amr
Abdelmonem, Chief Technical Officer for ISCO. ``This means that conventional interference management solutions are not
effective against many types of in-band interference. The ANF system is designed to scan and monitor the CDMA channel in real
time, and when interference is detected, a notch filter is tuned to suppress it within less than 20 milliseconds. This extremely rapid
response also means that we can eliminate the interference before the CDMA system starts to respond to it, which should lead to
more-stable system performance.``
``In previous tests, we found that just two narrowband interference sources (such as analog AMPS cellular phones) can rob a
CDMA cell-site of up to 25% of its nominal capacity. We believe that ANF is a unique solution to the in-band interference
problem, and that ISCO is the only company to offer a comprehensive solution covering both in-band and out-of-band interference
suppression in wireless telecommunications networks.``
ISCO International is a leading supplier of interference-management solutions for the wireless telecommunications industry and is
the industry leader in the commercialization of high temperature superconducting technology for the wireless telecommunications
industry. ISCO develops, manufactures, and markets radio frequency (RF) products to enhance the quality and capacity of cellular
telephone, personal communications services (PCS) and other wireless services and systems.
ISCO offers the broadest range of interference management solutions in the industry. It offers the only patented product in the
world that suppresses in-band interference within 20 milliseconds. The company offers the widest range of configurations for HTS
out-of-band interference solutions that support cellular, PCS and 3G systems. Its products include the smallest HTS filter systems
on the market today, as well as the only failure-proof all- temperature HTS filter architecture, our patented ATP(TM) system.
ISCO has sold more than 400 systems worldwide and has on-going field trials with domestic and international service providers.
ISCO is also developing ultra- high-performance superconducting front-end products, including both transmitter and receiver
products for emerging third generation (3G) wireless systems. 3G wireless systems are expected to replace current wireless
systems over the next several years.
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and
incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the
future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to
identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,``
``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently
available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the
Company`s actual results, performance or achievements to differ materially from those expressed in, or implied by, such
statements. These factors include, among others, the following: market acceptance of the Company`s technology; the spending
patterns of wireless network operators in connection with the build out of 3G wireless systems; the Company`s ability to obtain
additional financing in the future; the Company`s history of net losses and the lack of assurance that the Company`s earnings will
be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively against better
capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on liquidity of the
Company`s common stock because of its de-listing from the NASDAQ National Market in June 1999; continued downward
pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of front-end systems for
the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract and retain key
personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is
included in the Company`s filings with the Securities and Exchange Commission, including those described under the heading ``Risk
Factors`` in the Company`s Annual Report on Form 10-K/A. You should not place undue reliance on any forward-looking
statements. The Company undertakes no obligation to release publicly the results of any revisions to any such forward-looking
statements that may be made to reflect events or circumstances after the date of this Report or to reflect the occurrence of
unanticipated events.
SOURCE: ISCO International
kamen. Naja, glücklicherweise kann man ja in Deutschland noch kaufen, bevor die amerikanischen Märkte wieder öffnen...
Thursday May 24, 5:50 pm Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Receives Order for Adaptive Notch Filter Systems From Verizon Wireless
MT. PROSPECT, Ill., May 24 /PRNewswire/ -- ISCO International (Illinois Superconductor Corporation) (OTC Bulletin Board:
ISCO - news), a leading supplier of interference-management solutions for the wireless telecommunications industry, announced
today that it has received an order from Verizon Wireless for twelve Adaptive Notch Filter (ANF) systems, to be deployed in the
Chicago area.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
``This is our first order from a U.S. customer for the revolutionary ANF product, which we acquired through our transaction with
Lockheed Martin Canada last year,`` said Dr. George Calhoun, Chief Executive Officer of ISCO. ``We believe that the ANF
system is a highly effective solution to control in-band interference, which can have a serious impact on the capacity and
performance of CDMA systems.``
``The challenge in managing in-band interference is that interference sources are dynamic and unpredictable,`` said Dr. Amr
Abdelmonem, Chief Technical Officer for ISCO. ``This means that conventional interference management solutions are not
effective against many types of in-band interference. The ANF system is designed to scan and monitor the CDMA channel in real
time, and when interference is detected, a notch filter is tuned to suppress it within less than 20 milliseconds. This extremely rapid
response also means that we can eliminate the interference before the CDMA system starts to respond to it, which should lead to
more-stable system performance.``
``In previous tests, we found that just two narrowband interference sources (such as analog AMPS cellular phones) can rob a
CDMA cell-site of up to 25% of its nominal capacity. We believe that ANF is a unique solution to the in-band interference
problem, and that ISCO is the only company to offer a comprehensive solution covering both in-band and out-of-band interference
suppression in wireless telecommunications networks.``
ISCO International is a leading supplier of interference-management solutions for the wireless telecommunications industry and is
the industry leader in the commercialization of high temperature superconducting technology for the wireless telecommunications
industry. ISCO develops, manufactures, and markets radio frequency (RF) products to enhance the quality and capacity of cellular
telephone, personal communications services (PCS) and other wireless services and systems.
ISCO offers the broadest range of interference management solutions in the industry. It offers the only patented product in the
world that suppresses in-band interference within 20 milliseconds. The company offers the widest range of configurations for HTS
out-of-band interference solutions that support cellular, PCS and 3G systems. Its products include the smallest HTS filter systems
on the market today, as well as the only failure-proof all- temperature HTS filter architecture, our patented ATP(TM) system.
ISCO has sold more than 400 systems worldwide and has on-going field trials with domestic and international service providers.
ISCO is also developing ultra- high-performance superconducting front-end products, including both transmitter and receiver
products for emerging third generation (3G) wireless systems. 3G wireless systems are expected to replace current wireless
systems over the next several years.
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and
incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the
future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to
identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,``
``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently
available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the
Company`s actual results, performance or achievements to differ materially from those expressed in, or implied by, such
statements. These factors include, among others, the following: market acceptance of the Company`s technology; the spending
patterns of wireless network operators in connection with the build out of 3G wireless systems; the Company`s ability to obtain
additional financing in the future; the Company`s history of net losses and the lack of assurance that the Company`s earnings will
be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively against better
capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on liquidity of the
Company`s common stock because of its de-listing from the NASDAQ National Market in June 1999; continued downward
pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of front-end systems for
the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract and retain key
personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is
included in the Company`s filings with the Securities and Exchange Commission, including those described under the heading ``Risk
Factors`` in the Company`s Annual Report on Form 10-K/A. You should not place undue reliance on any forward-looking
statements. The Company undertakes no obligation to release publicly the results of any revisions to any such forward-looking
statements that may be made to reflect events or circumstances after the date of this Report or to reflect the occurrence of
unanticipated events.
SOURCE: ISCO International
Hi Gatsby
Viele Leute haben sich mit OTC-Werten wohl so die Finger
verbrannt, dass auch solche news niemanden interessieren.
Naja, was solls. Ich bin jedenfalls der festen Überzeugung,
dass man im Supraleiter-Bereich investieren muss !!!
Meine AMSC haben vom Tief auch schon wieder 140% zugelegt...
Beobachtest du auch SCON ?
Viele Leute haben sich mit OTC-Werten wohl so die Finger
verbrannt, dass auch solche news niemanden interessieren.
Naja, was solls. Ich bin jedenfalls der festen Überzeugung,
dass man im Supraleiter-Bereich investieren muss !!!
Meine AMSC haben vom Tief auch schon wieder 140% zugelegt...
Beobachtest du auch SCON ?
Hi Ibull,
Deine AMSC sind echt cool. Seit der Eröffnung dieses Werkes in Massachusetts gehen die Dinger echt wie die Hölle. Zu dumm, daß ich seinerzeit für eine Auslandsorder nicht flüssig genug war.
Mit Deiner Bemerkung zu OTC-Papieren hast wohl recht. Allerdings muß es bei ISCO nicht bei diesem Status bleiben. Böse Zungen behaupten zwar, daß es eine delistete Aktie nie wieder zurück an die NASDAQ schafft, aber das würde ich im Falle ISCO lieber nicht zu laut sagen. Die Listingbedingungen sind mittlerweile sämtlich erfüllt...
SCON werde ich meiner Watchlist umgehend hinzufügen. In dem Thread von Cabinda Thread: U.S.A. Energie -Titel : Researchmaterial wird ein ziemlich interessanter US-Energy basket erwähnt, und was mich selbst betrifft, so habe ich mir heute `mal ein paar LOR zugelegt. (Danke, Micky!)
Gruß
Gatsby
Deine AMSC sind echt cool. Seit der Eröffnung dieses Werkes in Massachusetts gehen die Dinger echt wie die Hölle. Zu dumm, daß ich seinerzeit für eine Auslandsorder nicht flüssig genug war.
Mit Deiner Bemerkung zu OTC-Papieren hast wohl recht. Allerdings muß es bei ISCO nicht bei diesem Status bleiben. Böse Zungen behaupten zwar, daß es eine delistete Aktie nie wieder zurück an die NASDAQ schafft, aber das würde ich im Falle ISCO lieber nicht zu laut sagen. Die Listingbedingungen sind mittlerweile sämtlich erfüllt...
SCON werde ich meiner Watchlist umgehend hinzufügen. In dem Thread von Cabinda Thread: U.S.A. Energie -Titel : Researchmaterial wird ein ziemlich interessanter US-Energy basket erwähnt, und was mich selbst betrifft, so habe ich mir heute `mal ein paar LOR zugelegt. (Danke, Micky!)
Gruß
Gatsby
hi gatsby2,
eine kleinigkeit fehlt noch zu unserem glück des relistings auf nasdaq small cap: ein bidpreis von 4 USD. es reicht leider nicht wenn dieser einmal im jahr kurz angetastet wird...
nasdaq bedingungen unter http://www.nasdaq.com/about/scm.stm
einer der hofft dass die isco bald wieder das alltimehigh sieht...
k@rl
eine kleinigkeit fehlt noch zu unserem glück des relistings auf nasdaq small cap: ein bidpreis von 4 USD. es reicht leider nicht wenn dieser einmal im jahr kurz angetastet wird...
nasdaq bedingungen unter http://www.nasdaq.com/about/scm.stm
einer der hofft dass die isco bald wieder das alltimehigh sieht...
k@rl
@karl
Ja, wo Du recht hast, hast Du
Von 4$ ist ISCO doch noch ein gutes Stück entfernt, und wohl nicht umsonst haben sie auf einer der letzten Präsentationen für das Listing einen Zeitraum von etwa 15 - 18 Monaten ins Auge gefaßt.
Dennoch sehe ich in dem Erfordernis eines bid-Preises von $4 kein größeres Problem. Der minimum public float liegt laut Listingbedingungen bei 1 Mio. Aktien - ISCO hat derzeit einen Float von ~105 Mio. Aktien. Der Minimum Bid ließe sich also problemlos mit einem reverse-split von 1:4 oder so herbeiführen.
Vielleicht kann man aber auf derartige Kosmetik verzichten, denn die Geschichte mit Verizon zeigt einmal mehr, daß die Produkte von ISCO wohl tatsächlich etwas taugen. Ich bin jetzt `mal sehr gespannt, ob die Feldversuche in Korea und Japan ebenso erfolgreich verlaufen, denn dann braucht es vielleicht gar keinen reverse-split mehr.
Dein letzter Satz spricht mir natürlich aus der Seele. Aber wenn die Telekoms dieser Welt soviel Geld für Lizenzen ausgeben können, dann werden sie wohl auch noch ein paar Mark für ein paar Filterchen haben
Gruß
Gatsby
Ja, wo Du recht hast, hast Du
Von 4$ ist ISCO doch noch ein gutes Stück entfernt, und wohl nicht umsonst haben sie auf einer der letzten Präsentationen für das Listing einen Zeitraum von etwa 15 - 18 Monaten ins Auge gefaßt.
Dennoch sehe ich in dem Erfordernis eines bid-Preises von $4 kein größeres Problem. Der minimum public float liegt laut Listingbedingungen bei 1 Mio. Aktien - ISCO hat derzeit einen Float von ~105 Mio. Aktien. Der Minimum Bid ließe sich also problemlos mit einem reverse-split von 1:4 oder so herbeiführen.
Vielleicht kann man aber auf derartige Kosmetik verzichten, denn die Geschichte mit Verizon zeigt einmal mehr, daß die Produkte von ISCO wohl tatsächlich etwas taugen. Ich bin jetzt `mal sehr gespannt, ob die Feldversuche in Korea und Japan ebenso erfolgreich verlaufen, denn dann braucht es vielleicht gar keinen reverse-split mehr.
Dein letzter Satz spricht mir natürlich aus der Seele. Aber wenn die Telekoms dieser Welt soviel Geld für Lizenzen ausgeben können, dann werden sie wohl auch noch ein paar Mark für ein paar Filterchen haben
Gruß
Gatsby
hi Gatsby2,
ein reversesplit sähe ja sehr schwindelig aus und würde höchstens verunsichern und den kurs wieder unter druck bringen. eine gute nachricht wird ausreichen um die ISCO wieder über die 4 zu bringen. hoffentlich DIE nachricht...
es gibt ja nicht viele hier in good old europe die sich die ISCO anschauen. glaubte mich schon fast alleine
es gibt noch einen weiteren aus der supraleiterbranche, die offenbar wieder langsam `in` wird. die SCCI - superconductive components. leider nur mehr am pinksheet notiert - somit vom bulletin board geflogen. aber scheints der einzige supraleiterwert mit gewinn! jedoch extrem illiquide.
ein NTT hoffer
***k@rl***
ein reversesplit sähe ja sehr schwindelig aus und würde höchstens verunsichern und den kurs wieder unter druck bringen. eine gute nachricht wird ausreichen um die ISCO wieder über die 4 zu bringen. hoffentlich DIE nachricht...
es gibt ja nicht viele hier in good old europe die sich die ISCO anschauen. glaubte mich schon fast alleine
es gibt noch einen weiteren aus der supraleiterbranche, die offenbar wieder langsam `in` wird. die SCCI - superconductive components. leider nur mehr am pinksheet notiert - somit vom bulletin board geflogen. aber scheints der einzige supraleiterwert mit gewinn! jedoch extrem illiquide.
ein NTT hoffer
***k@rl***
Artikel aus den New York Times, 29.5.2001
May 29, 2001
High-Temperature Superconductors Find a Variety of Uses
By KENNETH CHANG
Fifteen years after their discovery, high-temperature superconductors have not come close to the most grandiose projections for their use, like high-speed trains levitated by superconducting magnets.
But the materials, which are able to carry electricity with virtually no resistance at relatively warm temperatures, have found useful niches in the real world.
This month, workers pulled out nine cables from underground conduits at a Detroit power substation so that they could be replaced by the first high-temperature superconductor cables in a working power grid. The three new cables contain only 250 pounds of superconductor, yet they will be able to carry just as much current as the 18,000 pounds of copper in the nine cables they replace. Swapping copper cables for superconducting ones within existing conduits could allow utilities to triple their power capacity without disruptive digging.
High-temperature superconductors are already used to improve signal reception in cell phone towers and for sensitive magnetic probes in scientific equipment. Efficient electric motors may be next.
Engineers have developed these uses even while physicists remain unable to explain why high-temperature superconductors are superconductors at all.
"We don`t understand the physics, the mechanism," said Dr. Greg Yurek, chief executive of American Superconductor Corporation of Westborough, Mass., one of the companies involved in the Detroit project. "Yet it works. It`s there."
A Dutch physicist, Heike Kamerlingh Onnes, discovered superconductivity in 1911 when he cooled mercury to minus-452 degrees Fahrenheit, about 7.5 degrees above absolute zero, and all resistance to the flow of electricity vanished.
But the underlying physics of low- temperature superconductors remained a mystery until physicists at the University of Illinois, Dr. John Bardeen, Dr. Leon N. Cooper and Dr. John R. Schrieffer, worked out a theory, now known as B.C.S. theory after the initials of the three men`s last names, in the mid-1950`s.
Usually, electricity travels through metal as a stream of electrons. As they rattle against the lattice of the metal atoms, the electrons lose some of their energy, and the vibration spreads and dissipates as heat.
The B.C.S. theory says that in a sufficiently chilled superconductor, the negatively charged electrons, which normally repel each other, form an indirect kind of attraction. A negatively charged electron draws surrounding positively charged metal ions toward it, generating a vibration that travels through the metal lattice. This clump of positively charged ions attracts a second electron, which then receives a kick of momentum from the vibrating lattice. The resulting pairs of electrons, called Cooper pairs, end up traveling through the metal without resistance.
But for decades, no one found any superconductors that worked above minus-418 degrees, or 42 degrees above absolute zero. Many theorists suggested that none would ever be found, that higher temperatures inevitably broke apart the Cooper pairs.
Then, in 1986, two I.B.M. scientists in Zurich, Dr. George Bednorz and Dr. K. Alex Muller, discovered a new class of superconductors made out of exotic ceramics. Though the materials were very poor conductors at room temperature, Dr. Bednorz and Dr. Muller discovered they were superconducting at temperatures up to 63 degrees above absolute zero. Within a few months, other scientists created variations that pushed the superconducting temperature upward to 138 degrees above absolute zero.
That is still a very low temperature, but it is one that can be achieved using liquid nitrogen instead of more expensive liquid helium.
With each advance, scientists wondered whether they were about to find a material that would superconduct at room temperature, but the upward trek of superconducting temperatures stalled about a decade ago at about 220 degrees above absolute zero, or minus-240 degrees Fahrenheit
These high temperature superconductors do not conform to the B.C.S. theory, and, to their frustration, theorists have yet to devise an alternative.
Dr. Philip W. Anderson, an emeritus professor of physics at Princeton, thought he had it figured out when he returned from a 1987 conference on the problem in India. "I thought, `Now I just have to write this up,` " he said. "Boy, was I wrong."
Most theorists believe that Cooper pairs still form in high-temperature superconductors, but magnetic interactions replace the vibrations of B.C.S. theory. In this view, electrons can be thought of as bar magnets lined up next to one another, not touching. If the magnet at one end is rocked back and forth, its magnetic field will induce the neighboring magnet to rock, too, and a wave of rocking motion will travel from one magnet to the next.
Dr. Patrick Lee, a professor of physics at the Massachusetts Institute of Technology, calls this "a reasonable qualitative idea." But, he said: "To make a real theory to convince people demands a little more. That`s where we`re stuck."
The materials are complex — planes of copper atoms separated by oxygen atoms and rare earth elements like ytrium, bismuth, barium and lanthium — and theorists must decide which interactions are important and which can be ignored.
Dr. Anderson bases his theories on the same simple model that he started working with in 1987. "I then went off the rails and made a couple of fundamental blunders and didn`t wake up until 10 years later," Dr. Anderson said. Now he says it may take another 10 years to work out the details, but he thinks he is on the right track.
But that is his opinion. Dr. David Pines, a staff scientist at Los Alamos National Laboratory in New Mexico, is equally sure the Anderson approach "would never tell you anything."
Instead, Dr. Pines and his collaborators have devised a more complicated model based on experimental observations. "And it works," he said. "We`ve gotten to the essence of what`s working physically."
Others offer more unorthodox theories that cannot yet be ruled out.
"It speaks about how complicated it is," said Dr. Paul Grant, a science fellow at the Electric Power Research Institute. "The theorists working on it are the smartest ones on earth, and they`ve been working on it for 15 years. They still haven`t come to a consensus that everyone is happy with."
Engineering obstacles also dimmed the early optimism. Current does not flow evenly in all directions in high temperature conductors, as it does in simple metallic compounds, making them unsuitable for some applications.
High-temperature superconductors have found use in cellular telephone towers as electronic filters to separate radio signals of individual phone calls.
Because of electrical resistance, conventional filters eat away part of the signal, and the sharper the filter, the more of the signal it eats away.
"As a result, practical filters are not as selective as you`d like them to be," said Dr. Randy Simon, vice president of technology at Conductus Inc. of Sunnyvale, Calif., one of the companies that produces the superconducting filters. "Superconductors get you out of that trade-off entirely."
The superconducting filters extend the distance at which a tower can pick up a cell phone signal and increase the number of calls that can be handled simultaneously.
Filters manufactured by Conductus and a competing company, Superconductor Technologies Inc. of Santa Barbara, Calif., are in use in more than 700 towers around the world.
Officials at American Superconductor forecast that a market for its superconducting wire, to be used for cables and electric motors, will open up over the next few years.
The company now manufactures about 300 miles of superconducting wire a year. When a new factory in Devens, Mass., starts production next year, it will make 6,000 miles of wire annually. Coils of the wire will be used in a prototype of a 5,000- horsepower ship propulsion electric motor that American Superconductor is building for the Navy this summer. With the higher current capacity of superconductors, the size and weight of the motors can be shrunk by half or more.
Pirelli Cables and Systems of Milan assembled the American Superconductor wires to the power cables used in the Detroit Edison project.
The 4-inch-wide power cables will snake 400 feet through underground conduits, including a couple of 90- degree bends, from a transformer to power distribution equipment inside the substation building.
The $13.9 million project, financed in part by the Department of Energy, will be a significant test of the technologies that have been developed to transform high temperature superconductors, which are by nature brittle and stiff, into flexible wires. Liquid nitrogen will run through the center of the cables to keep them chilled at minus-337 degrees.
The power lines will undergo a year of testing before going into service, supplying electricity to 14,000 customers.
The idea of superconducting power lines goes back decades, but until recent advances, has been too costly to be practical.
In 1967, Dr. Richard L. Garwin and Dr. Juri Matisoo, researchers at I.B.M.`s Thomas J. Watson Research Center in Yorktown Heights, N.Y., sketched out a design for a superconducting power transmission line. In the late 1970`s, a superconducting cable was tested in a power grid in Austria, and in the 1980`s, Brookhaven National Laboratory on Long Island built two 430-foot superconducting transmission cables made of niobium-tin, a low-temperature superconductor, that could carry enough electricity to power a large city. But they lost significant amounts of energy when conveying alternating current, or AC.
The alternating currents jostle magnetic fields that penetrate through the superconductors, and the jostled magnetic fields then bump into atoms. That dissipates energy just as electrons bumping into atoms in ordinary metals produce electrical resistance.
"An awful lot was learned about AC losses," said Dr. Grant of the Electric Power Research Institute. "The Brookhaven project was a technical success but an economic disaster."
With high-temperature superconductors, the cooling costs are greatly reduced, but because of the AC losses, the superconducting cables in the Detroit Edison project will not save any energy compared with the old copper cables.
Superconducting cables cost several times as much as copper ones, but because they carry much more current, they could still find use in urban areas where digging up streets to put in new conduits would be costly. Detroit Edison is not the only utility interested in the technology. "The planners are beginning to look around and think about where they may have similar situations," Dr. Grant said.
The Bush administration`s energy policy recommends expanding research in superconducting power lines.
To reap the full benefits of superconductivity in long-distance transmission lines, Dr. Grant proposes that they carry direct current, where electricity flows constantly in one direction, instead of alternating current. That eliminates the AC losses, and the current can flow over long distances virtually without any energy loss.
"There`s a window of opportunity coming for renewing America`s power infrastructures," Dr. Grant said. "If we`re not ready for it, we`re going to miss the boat. I think it`s going to be a race whether we have this technology cheap enough to capture a lot of this opportunity."
Copyright 2001 The New York Times Company | Privacy Information
May 29, 2001
High-Temperature Superconductors Find a Variety of Uses
By KENNETH CHANG
Fifteen years after their discovery, high-temperature superconductors have not come close to the most grandiose projections for their use, like high-speed trains levitated by superconducting magnets.
But the materials, which are able to carry electricity with virtually no resistance at relatively warm temperatures, have found useful niches in the real world.
This month, workers pulled out nine cables from underground conduits at a Detroit power substation so that they could be replaced by the first high-temperature superconductor cables in a working power grid. The three new cables contain only 250 pounds of superconductor, yet they will be able to carry just as much current as the 18,000 pounds of copper in the nine cables they replace. Swapping copper cables for superconducting ones within existing conduits could allow utilities to triple their power capacity without disruptive digging.
High-temperature superconductors are already used to improve signal reception in cell phone towers and for sensitive magnetic probes in scientific equipment. Efficient electric motors may be next.
Engineers have developed these uses even while physicists remain unable to explain why high-temperature superconductors are superconductors at all.
"We don`t understand the physics, the mechanism," said Dr. Greg Yurek, chief executive of American Superconductor Corporation of Westborough, Mass., one of the companies involved in the Detroit project. "Yet it works. It`s there."
A Dutch physicist, Heike Kamerlingh Onnes, discovered superconductivity in 1911 when he cooled mercury to minus-452 degrees Fahrenheit, about 7.5 degrees above absolute zero, and all resistance to the flow of electricity vanished.
But the underlying physics of low- temperature superconductors remained a mystery until physicists at the University of Illinois, Dr. John Bardeen, Dr. Leon N. Cooper and Dr. John R. Schrieffer, worked out a theory, now known as B.C.S. theory after the initials of the three men`s last names, in the mid-1950`s.
Usually, electricity travels through metal as a stream of electrons. As they rattle against the lattice of the metal atoms, the electrons lose some of their energy, and the vibration spreads and dissipates as heat.
The B.C.S. theory says that in a sufficiently chilled superconductor, the negatively charged electrons, which normally repel each other, form an indirect kind of attraction. A negatively charged electron draws surrounding positively charged metal ions toward it, generating a vibration that travels through the metal lattice. This clump of positively charged ions attracts a second electron, which then receives a kick of momentum from the vibrating lattice. The resulting pairs of electrons, called Cooper pairs, end up traveling through the metal without resistance.
But for decades, no one found any superconductors that worked above minus-418 degrees, or 42 degrees above absolute zero. Many theorists suggested that none would ever be found, that higher temperatures inevitably broke apart the Cooper pairs.
Then, in 1986, two I.B.M. scientists in Zurich, Dr. George Bednorz and Dr. K. Alex Muller, discovered a new class of superconductors made out of exotic ceramics. Though the materials were very poor conductors at room temperature, Dr. Bednorz and Dr. Muller discovered they were superconducting at temperatures up to 63 degrees above absolute zero. Within a few months, other scientists created variations that pushed the superconducting temperature upward to 138 degrees above absolute zero.
That is still a very low temperature, but it is one that can be achieved using liquid nitrogen instead of more expensive liquid helium.
With each advance, scientists wondered whether they were about to find a material that would superconduct at room temperature, but the upward trek of superconducting temperatures stalled about a decade ago at about 220 degrees above absolute zero, or minus-240 degrees Fahrenheit
These high temperature superconductors do not conform to the B.C.S. theory, and, to their frustration, theorists have yet to devise an alternative.
Dr. Philip W. Anderson, an emeritus professor of physics at Princeton, thought he had it figured out when he returned from a 1987 conference on the problem in India. "I thought, `Now I just have to write this up,` " he said. "Boy, was I wrong."
Most theorists believe that Cooper pairs still form in high-temperature superconductors, but magnetic interactions replace the vibrations of B.C.S. theory. In this view, electrons can be thought of as bar magnets lined up next to one another, not touching. If the magnet at one end is rocked back and forth, its magnetic field will induce the neighboring magnet to rock, too, and a wave of rocking motion will travel from one magnet to the next.
Dr. Patrick Lee, a professor of physics at the Massachusetts Institute of Technology, calls this "a reasonable qualitative idea." But, he said: "To make a real theory to convince people demands a little more. That`s where we`re stuck."
The materials are complex — planes of copper atoms separated by oxygen atoms and rare earth elements like ytrium, bismuth, barium and lanthium — and theorists must decide which interactions are important and which can be ignored.
Dr. Anderson bases his theories on the same simple model that he started working with in 1987. "I then went off the rails and made a couple of fundamental blunders and didn`t wake up until 10 years later," Dr. Anderson said. Now he says it may take another 10 years to work out the details, but he thinks he is on the right track.
But that is his opinion. Dr. David Pines, a staff scientist at Los Alamos National Laboratory in New Mexico, is equally sure the Anderson approach "would never tell you anything."
Instead, Dr. Pines and his collaborators have devised a more complicated model based on experimental observations. "And it works," he said. "We`ve gotten to the essence of what`s working physically."
Others offer more unorthodox theories that cannot yet be ruled out.
"It speaks about how complicated it is," said Dr. Paul Grant, a science fellow at the Electric Power Research Institute. "The theorists working on it are the smartest ones on earth, and they`ve been working on it for 15 years. They still haven`t come to a consensus that everyone is happy with."
Engineering obstacles also dimmed the early optimism. Current does not flow evenly in all directions in high temperature conductors, as it does in simple metallic compounds, making them unsuitable for some applications.
High-temperature superconductors have found use in cellular telephone towers as electronic filters to separate radio signals of individual phone calls.
Because of electrical resistance, conventional filters eat away part of the signal, and the sharper the filter, the more of the signal it eats away.
"As a result, practical filters are not as selective as you`d like them to be," said Dr. Randy Simon, vice president of technology at Conductus Inc. of Sunnyvale, Calif., one of the companies that produces the superconducting filters. "Superconductors get you out of that trade-off entirely."
The superconducting filters extend the distance at which a tower can pick up a cell phone signal and increase the number of calls that can be handled simultaneously.
Filters manufactured by Conductus and a competing company, Superconductor Technologies Inc. of Santa Barbara, Calif., are in use in more than 700 towers around the world.
Officials at American Superconductor forecast that a market for its superconducting wire, to be used for cables and electric motors, will open up over the next few years.
The company now manufactures about 300 miles of superconducting wire a year. When a new factory in Devens, Mass., starts production next year, it will make 6,000 miles of wire annually. Coils of the wire will be used in a prototype of a 5,000- horsepower ship propulsion electric motor that American Superconductor is building for the Navy this summer. With the higher current capacity of superconductors, the size and weight of the motors can be shrunk by half or more.
Pirelli Cables and Systems of Milan assembled the American Superconductor wires to the power cables used in the Detroit Edison project.
The 4-inch-wide power cables will snake 400 feet through underground conduits, including a couple of 90- degree bends, from a transformer to power distribution equipment inside the substation building.
The $13.9 million project, financed in part by the Department of Energy, will be a significant test of the technologies that have been developed to transform high temperature superconductors, which are by nature brittle and stiff, into flexible wires. Liquid nitrogen will run through the center of the cables to keep them chilled at minus-337 degrees.
The power lines will undergo a year of testing before going into service, supplying electricity to 14,000 customers.
The idea of superconducting power lines goes back decades, but until recent advances, has been too costly to be practical.
In 1967, Dr. Richard L. Garwin and Dr. Juri Matisoo, researchers at I.B.M.`s Thomas J. Watson Research Center in Yorktown Heights, N.Y., sketched out a design for a superconducting power transmission line. In the late 1970`s, a superconducting cable was tested in a power grid in Austria, and in the 1980`s, Brookhaven National Laboratory on Long Island built two 430-foot superconducting transmission cables made of niobium-tin, a low-temperature superconductor, that could carry enough electricity to power a large city. But they lost significant amounts of energy when conveying alternating current, or AC.
The alternating currents jostle magnetic fields that penetrate through the superconductors, and the jostled magnetic fields then bump into atoms. That dissipates energy just as electrons bumping into atoms in ordinary metals produce electrical resistance.
"An awful lot was learned about AC losses," said Dr. Grant of the Electric Power Research Institute. "The Brookhaven project was a technical success but an economic disaster."
With high-temperature superconductors, the cooling costs are greatly reduced, but because of the AC losses, the superconducting cables in the Detroit Edison project will not save any energy compared with the old copper cables.
Superconducting cables cost several times as much as copper ones, but because they carry much more current, they could still find use in urban areas where digging up streets to put in new conduits would be costly. Detroit Edison is not the only utility interested in the technology. "The planners are beginning to look around and think about where they may have similar situations," Dr. Grant said.
The Bush administration`s energy policy recommends expanding research in superconducting power lines.
To reap the full benefits of superconductivity in long-distance transmission lines, Dr. Grant proposes that they carry direct current, where electricity flows constantly in one direction, instead of alternating current. That eliminates the AC losses, and the current can flow over long distances virtually without any energy loss.
"There`s a window of opportunity coming for renewing America`s power infrastructures," Dr. Grant said. "If we`re not ready for it, we`re going to miss the boat. I think it`s going to be a race whether we have this technology cheap enough to capture a lot of this opportunity."
Copyright 2001 The New York Times Company | Privacy Information
Ibull, schön Dich hier doch noch zu finden.
Viel, viel Wissenschaft in Deinem Artikel.
Allerdings läuft AMSC wirklich gut. Irgendwie scheinen die Amis auf die Idee zu stehen:
Wednesday May 30, 10:58 am Eastern Time
Press Release
Power Grid Solutions in the News
American Superconductor -NASDAQ:AMSC- Positioned to Meet Critical Power Grid Needs
WESTBOROUGH, Mass.--(BUSINESS WIRE)--May 30, 2001--President Bush`s National
Energy Policy Development Group published its findings and recommendations on May 17.
Chapter 7 of that report (http://www.whitehouse.gov/energy/Chapter7.pdf) speaks to
constraints in the nation`s power grid as a core issue behind the current energy crisis and
recommends that ``the President direct the Secretary of Energy to expand the Department`s
research and development on transmission reliability and superconductivity.`` The report also
recommends that ``the President direct the appropriate agencies to take actions to remove
constraints on the interstate transmission grid and allow our nation`s electricity supply to meet
the growing needs of our economy.`` The report further suggests that ``the Secretary of
Energy, by December 31, 2001, examine the benefits of establishing a national grid, identify
transmission bottlenecks, and identify measures to remove transmission bottlenecks.``
Commenting on the NEPD Group`s report, Greg Yurek, chief executive officer of American
Superconductor stated: ``With core technologies and products that can be applied this summer
throughout the power infrastructure, from products to boost power flow through existing
transmission lines to distributed power, American Superconductor is very well positioned with
advanced, cost-effective solutions to meet critical power grid needs today. And we have a
foundation in place to address significant growth in investment in the grid over the next 10 to 20
years. As the events of the last year have proven, the market is moving with greater speed in
our direction. The solutions we offer - based on high temperature superconductor wire and
solid-state power electronic switches - are timelier than ever.``
The May 20th issue of The Washington Post contained an article entitled ``A Milestone
Moment for an Energy Bonanza?`` by Guy Gugliotta
(http://www.washingtonpost.com/wp-dyn/articles/A47809-2001May…), which describes
progress on the development of high temperature superconductor (HTS) wires and their
application from power cables to electric ship propulsion motors. Rear Adm. Jay Cohen, Chief
of Naval Research, is quoted in the article regarding ultra-compact, HTS ship propulsion
motors: ``If we can reduce size and weight, we can make our warships more survivable.``
An article in the May 24th issue of The Detroit News by R.J. King and Mike Hudson entitled
``New Cable Corners Detroit`` focused on the imminent installation of three HTS power cables
in a substation in downtown Detroit under a $5.4 million project jointly funded by the U.S.
Department of Energy and industry partners Detroit Edison, Pirelli Cables and Systems, American Superconductor, EPRI and
Linde AG (http://www.detroitnews.com/2001/business/0105/24/b01-227761.…). The three HTS cables replace nine copper
cables and conduct the same 100 megawatts of power through the same right of way. Jon Jipping, Detroit Edison`s acting director
of power delivery planning, states in the article: ``We`ve now reached the point that we can advance the technology to consumer
applications. In terms of conventional electric wires, the new technology represents a quantum leap in capability.``
EPRI`s Paul Grant added: ``I think our project in Detroit is the star. There are parallel programs in Europe and Japan...we`re
further along in commercial viability. They were amazed at how far along we were.``
The New York Times ran an article on May 29th entitled ``They`re a Puzzle, but They Work - High Temperature Superconductors
Find a Variety of Uses Outside the Lab`` by Ken Chang (http://www.nytimes.com/2001/05/29/science/29SUPE.html ). The article
contains photographs of a cutaway view of the HTS cable being installed in the Detroit Edison substation as well as the process of
cable installation. The HTS cable system is scheduled to be serving 14,000 customers in Detroit this fall.
This article points out that American Superconductor Corporation is manufacturing practical HTS wires, and that HTS power
cables and motors are being demonstrated today, even though scientists have not figured out the physics or mechanisms of
superconductivity in HTS materials. Commenting on the article, Yurek said: ``The focus of our company has been on
manufacturing practical HTS wires, literally from the day we started the company 14 years ago. And we have been rigorous in
our efforts to focus on methodologies that will yield high volume, low cost manufacturing of HTS wires. This practical approach to
the development of breakthrough materials is starting to pay off as we now head into the commercial stage of HTS wires.``
American Superconductor
American Superconductor Corporation, headquartered in Westborough, Mass., was founded in 1987 and is a world leader in
developing and manufacturing products utilizing superconducting materials and power electronic devices for the power
infrastructure. The company`s products can dramatically increase the bandwidth and reliability of power delivery networks,
significantly reduce the manufacturing costs of electrical equipment such as motors and generators, lower electrical operating
costs and conserve resources that are used to produce electric power. See http://www.amsuper.com.
Certain statements in this release, including statements containing the words ``believes,`` ``anticipates,`` ``plans,`` ``expects,`` ``will``
and similar expressions, constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act
of 1995. There are a number of important factors that could cause actual results to differ materially from those indicated by such
forward-looking statements. Such factors include the uncertainties that: the company will be able to obtain the anticipated funding
from corporate and government contracts; the company will be able to successfully develop and manufacture commercial
products; a robust market will develop for the company`s products; and the company will secure anticipated orders. Additionally
such factors include: the risk that strategic alliances and other contracts may be terminated; the risk that certain technologies
utilized by the company will infringe intellectual property rights of others; the competition encountered by the company, including
several large Japanese companies; the amount and timing of the company`s future cash requirements and the availability of
satisfactory financing sources. Reference is made to these and other factors discussed in the ``Management`s Discussion and
Analysis of Financial Condition and Results of Operation`` section of the company`s periodic reports filed with the Securities and
Exchange Commission. In addition, the forward-looking statements included in this press release represent the Company`s
estimates as of May 30, 2001. While the Company anticipates that subsequent events and developments may cause the
Company`s estimates to change, the Company specifically disclaims any obligation to update these forward-looking statements.
These forward-looking statements should not be relied upon as representing the Company`s estimates or views as of any date
subsequent to May 30, 2001.
Contact:
American Superconductor Corporation
John Howe
508-621-4307
jhowe@amsuper.com
Viel, viel Wissenschaft in Deinem Artikel.
Allerdings läuft AMSC wirklich gut. Irgendwie scheinen die Amis auf die Idee zu stehen:
Wednesday May 30, 10:58 am Eastern Time
Press Release
Power Grid Solutions in the News
American Superconductor -NASDAQ:AMSC- Positioned to Meet Critical Power Grid Needs
WESTBOROUGH, Mass.--(BUSINESS WIRE)--May 30, 2001--President Bush`s National
Energy Policy Development Group published its findings and recommendations on May 17.
Chapter 7 of that report (http://www.whitehouse.gov/energy/Chapter7.pdf) speaks to
constraints in the nation`s power grid as a core issue behind the current energy crisis and
recommends that ``the President direct the Secretary of Energy to expand the Department`s
research and development on transmission reliability and superconductivity.`` The report also
recommends that ``the President direct the appropriate agencies to take actions to remove
constraints on the interstate transmission grid and allow our nation`s electricity supply to meet
the growing needs of our economy.`` The report further suggests that ``the Secretary of
Energy, by December 31, 2001, examine the benefits of establishing a national grid, identify
transmission bottlenecks, and identify measures to remove transmission bottlenecks.``
Commenting on the NEPD Group`s report, Greg Yurek, chief executive officer of American
Superconductor stated: ``With core technologies and products that can be applied this summer
throughout the power infrastructure, from products to boost power flow through existing
transmission lines to distributed power, American Superconductor is very well positioned with
advanced, cost-effective solutions to meet critical power grid needs today. And we have a
foundation in place to address significant growth in investment in the grid over the next 10 to 20
years. As the events of the last year have proven, the market is moving with greater speed in
our direction. The solutions we offer - based on high temperature superconductor wire and
solid-state power electronic switches - are timelier than ever.``
The May 20th issue of The Washington Post contained an article entitled ``A Milestone
Moment for an Energy Bonanza?`` by Guy Gugliotta
(http://www.washingtonpost.com/wp-dyn/articles/A47809-2001May…), which describes
progress on the development of high temperature superconductor (HTS) wires and their
application from power cables to electric ship propulsion motors. Rear Adm. Jay Cohen, Chief
of Naval Research, is quoted in the article regarding ultra-compact, HTS ship propulsion
motors: ``If we can reduce size and weight, we can make our warships more survivable.``
An article in the May 24th issue of The Detroit News by R.J. King and Mike Hudson entitled
``New Cable Corners Detroit`` focused on the imminent installation of three HTS power cables
in a substation in downtown Detroit under a $5.4 million project jointly funded by the U.S.
Department of Energy and industry partners Detroit Edison, Pirelli Cables and Systems, American Superconductor, EPRI and
Linde AG (http://www.detroitnews.com/2001/business/0105/24/b01-227761.…). The three HTS cables replace nine copper
cables and conduct the same 100 megawatts of power through the same right of way. Jon Jipping, Detroit Edison`s acting director
of power delivery planning, states in the article: ``We`ve now reached the point that we can advance the technology to consumer
applications. In terms of conventional electric wires, the new technology represents a quantum leap in capability.``
EPRI`s Paul Grant added: ``I think our project in Detroit is the star. There are parallel programs in Europe and Japan...we`re
further along in commercial viability. They were amazed at how far along we were.``
The New York Times ran an article on May 29th entitled ``They`re a Puzzle, but They Work - High Temperature Superconductors
Find a Variety of Uses Outside the Lab`` by Ken Chang (http://www.nytimes.com/2001/05/29/science/29SUPE.html ). The article
contains photographs of a cutaway view of the HTS cable being installed in the Detroit Edison substation as well as the process of
cable installation. The HTS cable system is scheduled to be serving 14,000 customers in Detroit this fall.
This article points out that American Superconductor Corporation is manufacturing practical HTS wires, and that HTS power
cables and motors are being demonstrated today, even though scientists have not figured out the physics or mechanisms of
superconductivity in HTS materials. Commenting on the article, Yurek said: ``The focus of our company has been on
manufacturing practical HTS wires, literally from the day we started the company 14 years ago. And we have been rigorous in
our efforts to focus on methodologies that will yield high volume, low cost manufacturing of HTS wires. This practical approach to
the development of breakthrough materials is starting to pay off as we now head into the commercial stage of HTS wires.``
American Superconductor
American Superconductor Corporation, headquartered in Westborough, Mass., was founded in 1987 and is a world leader in
developing and manufacturing products utilizing superconducting materials and power electronic devices for the power
infrastructure. The company`s products can dramatically increase the bandwidth and reliability of power delivery networks,
significantly reduce the manufacturing costs of electrical equipment such as motors and generators, lower electrical operating
costs and conserve resources that are used to produce electric power. See http://www.amsuper.com.
Certain statements in this release, including statements containing the words ``believes,`` ``anticipates,`` ``plans,`` ``expects,`` ``will``
and similar expressions, constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act
of 1995. There are a number of important factors that could cause actual results to differ materially from those indicated by such
forward-looking statements. Such factors include the uncertainties that: the company will be able to obtain the anticipated funding
from corporate and government contracts; the company will be able to successfully develop and manufacture commercial
products; a robust market will develop for the company`s products; and the company will secure anticipated orders. Additionally
such factors include: the risk that strategic alliances and other contracts may be terminated; the risk that certain technologies
utilized by the company will infringe intellectual property rights of others; the competition encountered by the company, including
several large Japanese companies; the amount and timing of the company`s future cash requirements and the availability of
satisfactory financing sources. Reference is made to these and other factors discussed in the ``Management`s Discussion and
Analysis of Financial Condition and Results of Operation`` section of the company`s periodic reports filed with the Securities and
Exchange Commission. In addition, the forward-looking statements included in this press release represent the Company`s
estimates as of May 30, 2001. While the Company anticipates that subsequent events and developments may cause the
Company`s estimates to change, the Company specifically disclaims any obligation to update these forward-looking statements.
These forward-looking statements should not be relied upon as representing the Company`s estimates or views as of any date
subsequent to May 30, 2001.
Contact:
American Superconductor Corporation
John Howe
508-621-4307
jhowe@amsuper.com
Eigentlich wollten sie uns ja sagen, wie die Tests gelaufen sind, aber das sagen sie uns dann doch nicht. Aber schön, daß sie mal wieder was gesagt haben.
Friday June 22, 12:00 pm Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Reports Interim Results of Chicago Trial With Verizon Wireless
MT. PROSPECT, Ill., June 22 /PRNewswire/ -- ISCO International (Illinois Superconductor
Corporation) (OTC Bulletin Board: ISCO - news), a leading supplier of interference-control
solutions for the wireless telecommunications industry, announced today that it has completed a
major field trial with Verizon Wireless in the Chicago area. The trial involved 37 individual
CDMA sectors in 12 cell-sites in one of the highest traffic regions of Verizon Wireless`
Chicago network. The trial was designed to evaluate the benefits of interference-control on
system capacity, minutes of use, and other measures of physical, operational and economic
performance.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
``As far as we are aware, this was by far the most comprehensive and rigorous test of high
temperature superconducting (``HTS``) filter systems ever conducted in a live network,`` stated
Dr. George Calhoun, Chairman and CEO of ISCO. ``This test has allowed us to quantify the
effects of interference- reduction in a demanding, real-life environment much more
scientifically than before. We also have combined for the first time our superconducting front-
end system with our patented adaptive notch filter (ANF(TM)) technology, to suppress both
in-band and out-of-band interference. We think this may prove to be the preferred
configuration for many cell-sites.
``We are not ready to report the results in detail, but we are encouraged by what we have seen
so far,`` Dr. Calhoun continued. ``These results apply to 2G voice-oriented networks. We
expect to extend our testing later this year to assess the benefits of HTS and ANF
interference-control solutions on 2.5G systems designed for true wireless Internet services.``
ISCO offers the broadest range of interference management solutions in the industry. It offers
the only patented product in the world that suppresses in-band interference within 20
milliseconds. The company offers the widest range of configurations for HTS out-of-band
interference solutions that support cellular, PCS, 2.5G and 3G systems. Its products include the
smallest HTS filter systems on the market today, as well as the only failure-proof all-
temperature HTS filter architecture, our patented ATP(TM) system. ISCO has sold more than
470 systems worldwide and has on-going field trials with domestic and international service
providers. ISCO is also developing ultra- high-performance superconducting front-end
products, including both transmitter and receiver products for emerging third generation (3G)
wireless systems. 2.5 and 3G wireless systems are expected to replace current wireless systems over the next several years.
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and
incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the
future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to
identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,``
``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently
available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the
Company`s actual results, performance or achievements to differ materially from those expressed in, or implied by, such
statements. These factors include, among others, the following: market acceptance of the Company`s technology; the spending
patterns of wireless network operators in connection with the build out of 2.5G and 3G wireless systems; the Company`s ability to
obtain additional financing in the future; the Company`s history of net losses and the lack of assurance that the Company`s
earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively
against better capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on
liquidity of the Company`s common stock because of its de-listing from the Nasdaq National Market in June 1999; continued
downward pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of front-end
systems for the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract
and retain key personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and
assumptions is included in the Company`s filings with the Securities and Exchange Commission, including those described under
the heading ``Risk Factors`` in the Company`s Annual Report on Form 10-K/A. You should not place undue reliance on any
forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such
forward-looking statements that may be made to reflect events or circumstances after the date of this Report or to reflect the
occurrence of unanticipated events.
SOURCE: ISCO International
Friday June 22, 12:00 pm Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Reports Interim Results of Chicago Trial With Verizon Wireless
MT. PROSPECT, Ill., June 22 /PRNewswire/ -- ISCO International (Illinois Superconductor
Corporation) (OTC Bulletin Board: ISCO - news), a leading supplier of interference-control
solutions for the wireless telecommunications industry, announced today that it has completed a
major field trial with Verizon Wireless in the Chicago area. The trial involved 37 individual
CDMA sectors in 12 cell-sites in one of the highest traffic regions of Verizon Wireless`
Chicago network. The trial was designed to evaluate the benefits of interference-control on
system capacity, minutes of use, and other measures of physical, operational and economic
performance.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
``As far as we are aware, this was by far the most comprehensive and rigorous test of high
temperature superconducting (``HTS``) filter systems ever conducted in a live network,`` stated
Dr. George Calhoun, Chairman and CEO of ISCO. ``This test has allowed us to quantify the
effects of interference- reduction in a demanding, real-life environment much more
scientifically than before. We also have combined for the first time our superconducting front-
end system with our patented adaptive notch filter (ANF(TM)) technology, to suppress both
in-band and out-of-band interference. We think this may prove to be the preferred
configuration for many cell-sites.
``We are not ready to report the results in detail, but we are encouraged by what we have seen
so far,`` Dr. Calhoun continued. ``These results apply to 2G voice-oriented networks. We
expect to extend our testing later this year to assess the benefits of HTS and ANF
interference-control solutions on 2.5G systems designed for true wireless Internet services.``
ISCO offers the broadest range of interference management solutions in the industry. It offers
the only patented product in the world that suppresses in-band interference within 20
milliseconds. The company offers the widest range of configurations for HTS out-of-band
interference solutions that support cellular, PCS, 2.5G and 3G systems. Its products include the
smallest HTS filter systems on the market today, as well as the only failure-proof all-
temperature HTS filter architecture, our patented ATP(TM) system. ISCO has sold more than
470 systems worldwide and has on-going field trials with domestic and international service
providers. ISCO is also developing ultra- high-performance superconducting front-end
products, including both transmitter and receiver products for emerging third generation (3G)
wireless systems. 2.5 and 3G wireless systems are expected to replace current wireless systems over the next several years.
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and
incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the
future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to
identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,``
``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently
available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the
Company`s actual results, performance or achievements to differ materially from those expressed in, or implied by, such
statements. These factors include, among others, the following: market acceptance of the Company`s technology; the spending
patterns of wireless network operators in connection with the build out of 2.5G and 3G wireless systems; the Company`s ability to
obtain additional financing in the future; the Company`s history of net losses and the lack of assurance that the Company`s
earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively
against better capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on
liquidity of the Company`s common stock because of its de-listing from the Nasdaq National Market in June 1999; continued
downward pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of front-end
systems for the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract
and retain key personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and
assumptions is included in the Company`s filings with the Securities and Exchange Commission, including those described under
the heading ``Risk Factors`` in the Company`s Annual Report on Form 10-K/A. You should not place undue reliance on any
forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such
forward-looking statements that may be made to reflect events or circumstances after the date of this Report or to reflect the
occurrence of unanticipated events.
SOURCE: ISCO International
Seit 26.06.2001 firmiert Illinois Superconductor unter dem neuen Namen "ISCO International". Und seit heute haben sie einen festen Vertriebspartner für Südostasien.
Monday July 9, 10:45 am Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Appoints PT InfoAsia Teknologi Global Tbk as Exclusive
Distributor in ASEAN Region
MT. PROSPECT, Ill., July 9 /PRNewswire/ -- ISCO International (OTC Bulletin Board: ISCO - news), a global supplier of
interference-management solutions for the wireless telecommunications industry, announced today that it has appointed PT
InfoAsia Teknologi Global Tbk as its exclusive distributor in the ASEAN region. PT InfoAsia Teknologi Global Tbk is a leading
provider of information and telecommunications technology based in Jakarta, Indonesia. InfoAsia will represent ISCO in the
region, which will include the countries of Indonesia, Malaysia, Thailand, Singapore and the Philippines. As part of the initial
agreement, InfoAsia has committed to purchase a minimum of 75 Cryogenic Receiver Front-End (``CRFE``) systems.
(PHOTO: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
``We are pleased to formalize our relationship with a high quality company such as InfoAsia``, stated Dr. George Calhoun,
Chairman and CEO of ISCO. ``We have worked with this organization for a number of years and they have proven themselves to
be a customer-oriented company with an excellent understanding of the benefits of ISCO`s interference-management solutions. We
look forward to a successful partnership with InfoAsia.``
``We are excited about the prospects of promoting ISCO`s patented High Temperature Superconducting (HTS) and Adaptive
Notch Filter (ANF) products to solve the interference and coverage problems faced by the wireless operators in the ASEAN
region``, stated Mr. David Simbar, Chairman of InfoAsia. ``We jointly participated with ISCO at the CommunicAsia 2001
conference and trade show in Singapore held in June and received favorable responses to the product line. In addition, InfoAsia
will arrange to conduct field trial with four of the largest wireless operators in Indonesia over the next few months.``
InfoAsia consists of a group of companies, which provide high technology communications products in the ASEAN region. The
ultimate object of InfoAsia is to become a gateway of information technology and communications in the Asia-Pacific region by
providing the most advanced technology and cost effective services to its customers.
About ISCO
ISCO offers the broadest range of interference-management solutions in the industry. It offers the only patented product in the
world that suppresses in-band interference within 20 milliseconds. The company offers the widest range of configurations for HTS
out-of-band interference solutions that support cellular, PCS, 2.5G and 3G systems. Its products include the smallest HTS filter
systems on the market today, as well as the only failure-proof all-temperature HTS filter architecture, our patented ATP(TM)
system. ISCO has sold more than 470 systems worldwide and has on-going field trials with domestic and international service
providers. ISCO is also developing ultra-high-performance superconducting front-end products, including both transmitter and receiver products for emerging
data-oriented 2.5G and 3G wireless systems. These next generation wireless systems are expected to replace current wireless systems over the next several years.
[...]
SOURCE: ISCO International
Monday July 9, 10:45 am Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Appoints PT InfoAsia Teknologi Global Tbk as Exclusive
Distributor in ASEAN Region
MT. PROSPECT, Ill., July 9 /PRNewswire/ -- ISCO International (OTC Bulletin Board: ISCO - news), a global supplier of
interference-management solutions for the wireless telecommunications industry, announced today that it has appointed PT
InfoAsia Teknologi Global Tbk as its exclusive distributor in the ASEAN region. PT InfoAsia Teknologi Global Tbk is a leading
provider of information and telecommunications technology based in Jakarta, Indonesia. InfoAsia will represent ISCO in the
region, which will include the countries of Indonesia, Malaysia, Thailand, Singapore and the Philippines. As part of the initial
agreement, InfoAsia has committed to purchase a minimum of 75 Cryogenic Receiver Front-End (``CRFE``) systems.
(PHOTO: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
``We are pleased to formalize our relationship with a high quality company such as InfoAsia``, stated Dr. George Calhoun,
Chairman and CEO of ISCO. ``We have worked with this organization for a number of years and they have proven themselves to
be a customer-oriented company with an excellent understanding of the benefits of ISCO`s interference-management solutions. We
look forward to a successful partnership with InfoAsia.``
``We are excited about the prospects of promoting ISCO`s patented High Temperature Superconducting (HTS) and Adaptive
Notch Filter (ANF) products to solve the interference and coverage problems faced by the wireless operators in the ASEAN
region``, stated Mr. David Simbar, Chairman of InfoAsia. ``We jointly participated with ISCO at the CommunicAsia 2001
conference and trade show in Singapore held in June and received favorable responses to the product line. In addition, InfoAsia
will arrange to conduct field trial with four of the largest wireless operators in Indonesia over the next few months.``
InfoAsia consists of a group of companies, which provide high technology communications products in the ASEAN region. The
ultimate object of InfoAsia is to become a gateway of information technology and communications in the Asia-Pacific region by
providing the most advanced technology and cost effective services to its customers.
About ISCO
ISCO offers the broadest range of interference-management solutions in the industry. It offers the only patented product in the
world that suppresses in-band interference within 20 milliseconds. The company offers the widest range of configurations for HTS
out-of-band interference solutions that support cellular, PCS, 2.5G and 3G systems. Its products include the smallest HTS filter
systems on the market today, as well as the only failure-proof all-temperature HTS filter architecture, our patented ATP(TM)
system. ISCO has sold more than 470 systems worldwide and has on-going field trials with domestic and international service
providers. ISCO is also developing ultra-high-performance superconducting front-end products, including both transmitter and receiver products for emerging
data-oriented 2.5G and 3G wireless systems. These next generation wireless systems are expected to replace current wireless systems over the next several years.
[...]
SOURCE: ISCO International
YO! ISCO besinnt sich mal wieder auf die Haupteinnahmequelle der letzten Monate: Klagen. Diesmal geht es gegen zwei Konkurrenten, die angeblich für ISCO geschützte Patente verletzt haben sollen.
Tuesday July 17, 11:37 am Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Announces Patent Infringement Suit Against Two Competitors
MT. PROSPECT, Ill., July 17 /PRNewswire/ -- ISCO International, Inc. (OTC Bulletin Board: ISCO - news), a global supplier
of interference-control solutions for the wireless telecommunications industry, announced today that it has filed suit against
Conductus Inc. (``Conductus``) and Superconductor Technologies, Inc. (``STI``) for infringement of ISCO`s recently issued U.S.
Patent No. 6,263,215, entitled ``Cryoelectronically Cooled Receiver Front End for Mobile Radio Systems.``
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
The suit was filed in the United States District Court for the District of Delaware, and alleges that all of Conductus` and STI`s
current base station front-end systems containing cryogenically cooled superconducting filters infringe ISCO`s patent. ISCO seeks
a permanent injunction restraining Conductus and STI from marketing, selling, or manufacturing these products, as well as damages
and attorneys` fees.
``This patent is in our view the fundamental patent covering cryogenic receiver front-end systems (``CRFE``) in a commercially
viable configuration,`` said Dr. George Calhoun, Chairman and CEO of ISCO. ``The patent is based upon applications originally
filed in 1995, and the U.S. Patent and Trademark Office has granted it after a full review of the prior art. We believe that this
appropriately recognizes the pioneering work done to establish this entire market application.
``The CRFE patent which is the subject of this suit is only one facet of ISCO`s technology portfolio. As we have said before,
technological innovation and intellectual property rights are cornerstones of our business strategy. ISCO holds or has applied for
over 100 patents, encompassing over 700 issued claims, focused primarily on applications pertinent to the commercial wireless
telecommunications industry.``
ISCO is being represented in this suit by John F. Sweeney of Morgan & Finnegan, LLP, a New York-based intellectual property
law firm.
A copy of US. Patent No. 6,263,215 may be obtained by accessing the United States Patent and Trademark Office website at
http://www.USPTO.gov . Any questions regarding this litigation should be directed to Dr. Calhoun or to Charles F. Willes, Chief
Financial Officer of ISCO.
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,`` ``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the Company`s actual results, performance or achievements to differ materially from those expressed in, or implied by, such statements. These factors include, among others, the following: market acceptance of the Company`s technology; the spending patterns of wireless network operators in connection with the build out of 2.5 G and 3G wireless systems; the Company`s ability to obtain additional financing in the future; the Company`s history of net losses and the lack of assurance that the Company`s earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively against better capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on liquidity of the Company`s common stock because of its de-listing from the NASDAQ National Market in June 1999; continued downward pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of front-end systems for the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract and retain key personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is included in the Company`s filings with the Securities and Exchange Commission, including those described under the heading ``Risk Factors`` in the Company`s Annual Report on Form 10-K/A. You should not place undue reliance on any forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date of this Report or to reflect the occurrence of unanticipated events.
SOURCE: ISCO International
Tuesday July 17, 11:37 am Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Announces Patent Infringement Suit Against Two Competitors
MT. PROSPECT, Ill., July 17 /PRNewswire/ -- ISCO International, Inc. (OTC Bulletin Board: ISCO - news), a global supplier
of interference-control solutions for the wireless telecommunications industry, announced today that it has filed suit against
Conductus Inc. (``Conductus``) and Superconductor Technologies, Inc. (``STI``) for infringement of ISCO`s recently issued U.S.
Patent No. 6,263,215, entitled ``Cryoelectronically Cooled Receiver Front End for Mobile Radio Systems.``
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
The suit was filed in the United States District Court for the District of Delaware, and alleges that all of Conductus` and STI`s
current base station front-end systems containing cryogenically cooled superconducting filters infringe ISCO`s patent. ISCO seeks
a permanent injunction restraining Conductus and STI from marketing, selling, or manufacturing these products, as well as damages
and attorneys` fees.
``This patent is in our view the fundamental patent covering cryogenic receiver front-end systems (``CRFE``) in a commercially
viable configuration,`` said Dr. George Calhoun, Chairman and CEO of ISCO. ``The patent is based upon applications originally
filed in 1995, and the U.S. Patent and Trademark Office has granted it after a full review of the prior art. We believe that this
appropriately recognizes the pioneering work done to establish this entire market application.
``The CRFE patent which is the subject of this suit is only one facet of ISCO`s technology portfolio. As we have said before,
technological innovation and intellectual property rights are cornerstones of our business strategy. ISCO holds or has applied for
over 100 patents, encompassing over 700 issued claims, focused primarily on applications pertinent to the commercial wireless
telecommunications industry.``
ISCO is being represented in this suit by John F. Sweeney of Morgan & Finnegan, LLP, a New York-based intellectual property
law firm.
A copy of US. Patent No. 6,263,215 may be obtained by accessing the United States Patent and Trademark Office website at
http://www.USPTO.gov . Any questions regarding this litigation should be directed to Dr. Calhoun or to Charles F. Willes, Chief
Financial Officer of ISCO.
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,`` ``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the Company`s actual results, performance or achievements to differ materially from those expressed in, or implied by, such statements. These factors include, among others, the following: market acceptance of the Company`s technology; the spending patterns of wireless network operators in connection with the build out of 2.5 G and 3G wireless systems; the Company`s ability to obtain additional financing in the future; the Company`s history of net losses and the lack of assurance that the Company`s earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively against better capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on liquidity of the Company`s common stock because of its de-listing from the NASDAQ National Market in June 1999; continued downward pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of front-end systems for the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract and retain key personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is included in the Company`s filings with the Securities and Exchange Commission, including those described under the heading ``Risk Factors`` in the Company`s Annual Report on Form 10-K/A. You should not place undue reliance on any forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date of this Report or to reflect the occurrence of unanticipated events.
SOURCE: ISCO International
@ibull
AMSC hat in den letzten Wochen doch ein bißchen nachgelassen. Trotzdem hoffe ich, daß Du die Dinger noch hast:
Wednesday July 18, 7:03 am Eastern Time
Press Release
American Superconductor Demonstrates World`s First HTS
5,000-Horsepower Electric Motor
Patented, Ultra-Compact Design Expected to Open New Markets in Energy Conversion
WESTBOROUGH, Mass.--(BUSINESS WIRE)--July 18, 2001-- American Superconductor Corporation (Nasdaq: AMSC -
news) today announced it has built and demonstrated the world`s first 5,000-horsepower (hp), high temperature superconductor
(HTS) electric motor. The company`s patented, ultra-compact HTS electric motors (see
http://www.amsuper.com/5000htsmotor.htm)" target="_blank" rel="nofollow ugc noopener">http://www.amsuper.com/5000htsmotor.htm) are designed to reduce manufacturing costs of industrial and ship propulsion motors
by up to 40 percent compared with conventional motors. The electrical losses of HTS motors, which utilize HTS wires instead of
copper wires on the rotor, are also much lower, which translates into significant fuel savings and lower operating costs.
American Superconductor`s prototype 5,000-hp HTS motor is about the size of a household refrigerator. It is as little as half the
size and weight of a conventional 5,000-hp motor. Its net electrical losses, including losses associated with cryogenic cooling of the
HTS wires, are up to half the electrical losses of a conventional motor.
Motors over 1,000 hp utilize approximately 25 percent of all electric power generated in the United States. The Department of
Energy estimates that the lower electrical losses of HTS motors could save U.S. industry billions of dollars per year in electrical
operating costs.
``HTS technology opens the door to radically new designs and market opportunities for electric motors and for the industrial and
transportation systems in which they are utilized,`` said Greg Yurek, chief executive officer. ``By delivering more power in a smaller
package that operates with lower electrical losses at essentially the same price, we are creating entirely new value propositions for
our customers.``
Yurek added that American Superconductor`s Electric Motors and Generators business is focused on development and
commercialization of electric motors over 1,000 hp and electric generators over 10 megawatts. Electric generators involve
essentially the same technology as motors. ``We plan to field additional prototype motors and generators over the next two years
and we are on track for commercial sales in 2004,`` he said.
Industry experts estimate that the current market for industrial electric motors with power ratings over 1,000 hp, used in
applications such as pumps, fans and compressors, is approximately $1.2 billion per year worldwide. A major new market
emerging for high-power electric motors is electric ship propulsion. According to industry experts, the current annual global market
for electric motors utilized for electric propulsion in commercial cruise and cargo ships is approximately $250 million. The market
for ship propulsion motors is expected to grow rapidly to over $1 billion per year by 2010 because electric drives are becoming the propulsion system of choice for
both commercial and Navy ships. American Superconductor is currently working under a contract from the U.S. Navy`s Office of Naval Research to design and
develop HTS ship propulsion motors up to 33,500 hp for application in electric warships (see http://www.amsuper.com/navyupdate.htm)." target="_blank" rel="nofollow ugc noopener">http://www.amsuper.com/navyupdate.htm). The company expects sea
trials of its HTS ship propulsion motors by the end of 2003.
The HTS Advantage
American Superconductor`s new 5,000-hp motor, an alternating current (AC) synchronous, ``air-core`` design, utilizes HTS wires for the field windings on the rotor
instead of copper wires. The company`s HTS wires carry over 140 times more electricity than copper wires of the same dimensions, a feature that has allowed
radical design changes in industrial and ship propulsion motors, and in the systems in which these motors are employed. The HTS wires in these motors carry
electricity with no electrical losses when cooled to cryogenic temperatures. A cryo-refrigerator is used to cool just the HTS windings. Including the power needed to
operate the cryo-refrigerator, the electrical losses for HTS motors are up to half those of a conventional motor. Ultra-compact HTS motors, including the
cryo-refrigerator, are one-half to one-fifth the size of conventional motors.
Technical Background
Superconductors are materials that carry large quantities of electricity with zero electrical resistance when cooled to very low or cryogenic temperatures. While
superconductors have been known for decades, the only commercial application until recently was in medical magnetic resonance imaging (MRI) devices. These
devices utilize low temperature superconductor (LTS) wires. In 1986, two IBM scientists discovered a new family of superconductor materials that still require
cooling to cryogenic temperatures, but that operate at 5 to 20 times higher temperatures than the old LTS materials. The new materials, which are ceramic
compounds, have become known as high temperature superconductors (HTS). The lower cost of cooling these new materials significantly enhanced the commercial
economics of superconductor applications, and created the possibility of using high power density superconducting wires in electric power applications, such as
power cables, motors and generators. American Superconductor has over 550 patents, patent applications and licenses worldwide related to the manufacture of
HTS wires and the applications of superconductors to electric power applications.
American Superconductor
American Superconductor Corporation is a world leader in developing technologies and manufacturing products utilizing superconductor wire and solid-state power
electronic switches for the electric power infrastructure. American Superconductor`s products, and those sold by electrical equipment manufacturers that incorporate
its products, can dramatically increase the bandwidth and reliability of power delivery grids, reduce manufacturing and operating costs, and conserve resources used
to produce electric power. Founded in 1987, the company is headquartered in Westborough, Mass. For more information, visit http://www.amsuper.com.
Certain statements in this release, including statements containing the words ``believes,`` ``anticipates,`` ``plans,`` ``expects,`` ``will`` and similar expressions, constitute
forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are a number of important factors that could cause
actual results to differ materially from those indicated by such forward-looking statements. Such factors include the uncertainties that: the company will be able to
obtain the anticipated funding from corporate and government contracts; the company will be able to successfully develop and manufacture commercial products; a
robust market will develop for the company`s products; and the company will secure anticipated orders. Additionally such factors include: the risk that strategic
alliances and other contracts may be terminated; the risk that certain technologies utilized by the company will infringe intellectual property rights of others; the
competition encountered by the company, including several large Japanese companies; the amount and timing of the company`s future cash requirements and the
availability of satisfactory financing sources. Reference is made to these and other factors discussed in the ``Management`s Discussion and Analysis of Financial
Condition and Results of Operation`` section of the company`s periodic reports filed with the Securities and Exchange Commission. In addition, the forward-looking
statements included in this press release represent the Company`s estimates as of July 18, 2001. While the Company anticipates that subsequent events and
developments may cause the Company`s estimates to change, the Company specifically disclaims any obligation to update these forward-looking statements. These
forward-looking statements should not be relied upon as representing the Company`s estimates or views as of any date subsequent to July 18, 2001.
Contact:
Media Contact:
John Howe
508-621-4307
jhowe@amsuper.com
AMSC hat in den letzten Wochen doch ein bißchen nachgelassen. Trotzdem hoffe ich, daß Du die Dinger noch hast:
Wednesday July 18, 7:03 am Eastern Time
Press Release
American Superconductor Demonstrates World`s First HTS
5,000-Horsepower Electric Motor
Patented, Ultra-Compact Design Expected to Open New Markets in Energy Conversion
WESTBOROUGH, Mass.--(BUSINESS WIRE)--July 18, 2001-- American Superconductor Corporation (Nasdaq: AMSC -
news) today announced it has built and demonstrated the world`s first 5,000-horsepower (hp), high temperature superconductor
(HTS) electric motor. The company`s patented, ultra-compact HTS electric motors (see
http://www.amsuper.com/5000htsmotor.htm)" target="_blank" rel="nofollow ugc noopener">http://www.amsuper.com/5000htsmotor.htm) are designed to reduce manufacturing costs of industrial and ship propulsion motors
by up to 40 percent compared with conventional motors. The electrical losses of HTS motors, which utilize HTS wires instead of
copper wires on the rotor, are also much lower, which translates into significant fuel savings and lower operating costs.
American Superconductor`s prototype 5,000-hp HTS motor is about the size of a household refrigerator. It is as little as half the
size and weight of a conventional 5,000-hp motor. Its net electrical losses, including losses associated with cryogenic cooling of the
HTS wires, are up to half the electrical losses of a conventional motor.
Motors over 1,000 hp utilize approximately 25 percent of all electric power generated in the United States. The Department of
Energy estimates that the lower electrical losses of HTS motors could save U.S. industry billions of dollars per year in electrical
operating costs.
``HTS technology opens the door to radically new designs and market opportunities for electric motors and for the industrial and
transportation systems in which they are utilized,`` said Greg Yurek, chief executive officer. ``By delivering more power in a smaller
package that operates with lower electrical losses at essentially the same price, we are creating entirely new value propositions for
our customers.``
Yurek added that American Superconductor`s Electric Motors and Generators business is focused on development and
commercialization of electric motors over 1,000 hp and electric generators over 10 megawatts. Electric generators involve
essentially the same technology as motors. ``We plan to field additional prototype motors and generators over the next two years
and we are on track for commercial sales in 2004,`` he said.
Industry experts estimate that the current market for industrial electric motors with power ratings over 1,000 hp, used in
applications such as pumps, fans and compressors, is approximately $1.2 billion per year worldwide. A major new market
emerging for high-power electric motors is electric ship propulsion. According to industry experts, the current annual global market
for electric motors utilized for electric propulsion in commercial cruise and cargo ships is approximately $250 million. The market
for ship propulsion motors is expected to grow rapidly to over $1 billion per year by 2010 because electric drives are becoming the propulsion system of choice for
both commercial and Navy ships. American Superconductor is currently working under a contract from the U.S. Navy`s Office of Naval Research to design and
develop HTS ship propulsion motors up to 33,500 hp for application in electric warships (see http://www.amsuper.com/navyupdate.htm)." target="_blank" rel="nofollow ugc noopener">http://www.amsuper.com/navyupdate.htm). The company expects sea
trials of its HTS ship propulsion motors by the end of 2003.
The HTS Advantage
American Superconductor`s new 5,000-hp motor, an alternating current (AC) synchronous, ``air-core`` design, utilizes HTS wires for the field windings on the rotor
instead of copper wires. The company`s HTS wires carry over 140 times more electricity than copper wires of the same dimensions, a feature that has allowed
radical design changes in industrial and ship propulsion motors, and in the systems in which these motors are employed. The HTS wires in these motors carry
electricity with no electrical losses when cooled to cryogenic temperatures. A cryo-refrigerator is used to cool just the HTS windings. Including the power needed to
operate the cryo-refrigerator, the electrical losses for HTS motors are up to half those of a conventional motor. Ultra-compact HTS motors, including the
cryo-refrigerator, are one-half to one-fifth the size of conventional motors.
Technical Background
Superconductors are materials that carry large quantities of electricity with zero electrical resistance when cooled to very low or cryogenic temperatures. While
superconductors have been known for decades, the only commercial application until recently was in medical magnetic resonance imaging (MRI) devices. These
devices utilize low temperature superconductor (LTS) wires. In 1986, two IBM scientists discovered a new family of superconductor materials that still require
cooling to cryogenic temperatures, but that operate at 5 to 20 times higher temperatures than the old LTS materials. The new materials, which are ceramic
compounds, have become known as high temperature superconductors (HTS). The lower cost of cooling these new materials significantly enhanced the commercial
economics of superconductor applications, and created the possibility of using high power density superconducting wires in electric power applications, such as
power cables, motors and generators. American Superconductor has over 550 patents, patent applications and licenses worldwide related to the manufacture of
HTS wires and the applications of superconductors to electric power applications.
American Superconductor
American Superconductor Corporation is a world leader in developing technologies and manufacturing products utilizing superconductor wire and solid-state power
electronic switches for the electric power infrastructure. American Superconductor`s products, and those sold by electrical equipment manufacturers that incorporate
its products, can dramatically increase the bandwidth and reliability of power delivery grids, reduce manufacturing and operating costs, and conserve resources used
to produce electric power. Founded in 1987, the company is headquartered in Westborough, Mass. For more information, visit http://www.amsuper.com.
Certain statements in this release, including statements containing the words ``believes,`` ``anticipates,`` ``plans,`` ``expects,`` ``will`` and similar expressions, constitute
forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are a number of important factors that could cause
actual results to differ materially from those indicated by such forward-looking statements. Such factors include the uncertainties that: the company will be able to
obtain the anticipated funding from corporate and government contracts; the company will be able to successfully develop and manufacture commercial products; a
robust market will develop for the company`s products; and the company will secure anticipated orders. Additionally such factors include: the risk that strategic
alliances and other contracts may be terminated; the risk that certain technologies utilized by the company will infringe intellectual property rights of others; the
competition encountered by the company, including several large Japanese companies; the amount and timing of the company`s future cash requirements and the
availability of satisfactory financing sources. Reference is made to these and other factors discussed in the ``Management`s Discussion and Analysis of Financial
Condition and Results of Operation`` section of the company`s periodic reports filed with the Securities and Exchange Commission. In addition, the forward-looking
statements included in this press release represent the Company`s estimates as of July 18, 2001. While the Company anticipates that subsequent events and
developments may cause the Company`s estimates to change, the Company specifically disclaims any obligation to update these forward-looking statements. These
forward-looking statements should not be relied upon as representing the Company`s estimates or views as of any date subsequent to July 18, 2001.
Contact:
Media Contact:
John Howe
508-621-4307
jhowe@amsuper.com
Es tut sich was bei ISCO: Gegenüber dem Vorjahresquartal sind die Einnahmen von $ 15.000,-- auf $ 1,37 Mio. gestiegen. Bei der cashburn-rate haben sie allerdings leider auch mächtig zugelegt:
Tuesday August 14, 8:23 am Eastern Time
Press Release
SOURCE: ISCO International, Inc.
ISCO International Reports Substantial Revenue
Increase in Second Quarter 2001 Financial Results
MT. PROSPECT, Ill., Aug. 14 /PRNewswire/ -- ISCO International, Inc. (OTC Bulletin
Board: ISCO - news), a global supplier of interference-control solutions for the wireless
telecommunications industry, today reported financial results for the second quarter of 2001.
Financial Results:
ISCO reported consolidated net revenues of $1,374,000 for the quarter ending June 30, 2001,
versus $15,000 during the comparable period of 2000. For the six-month period ending June 30,
2001, consolidated net revenues were $1,886,000, versus $187,000 during the first six months
of 2000. The net loss from continuing operations was $5,529,000 and $10,276,000 for the three
and six month periods ending June 30, 2001, respectively, versus $3,782,000 and $6,185,000
during the same periods in 2000. The increase in net loss was due primarily to increases in
development costs associated with 3G prototype development and field trials for 2G and 2.5G
wireless systems in both Asia and North America, as well as other projects, the establishment
of a new commercial development team, and non-cash charges associated with both the
goodwill amortization from the SSI and ANF acquisitions and other non-cash compensation
charges.
The weighted-average number of shares outstanding increased from 33,037,000 to 107,765,000
from the year ending December 31, 2000 and the six month period ending June 30, 2001,
respectively. The increase in weighted-average shares outstanding is mainly a result of the
conversion of all the Company`s senior convertible notes into common shares, which occurred
late in 2000, the exercise of warrants and options, and the issuance of six million shares in two
acquisitions.
``In the second quarter, we began to see the first concrete results of our strategic
re-engagement with the marketplace,`` commented Dr. George Calhoun, ISCO`s Chairman and
Chief Executive Officer. ``In this quarter alone:
-- We completed a uniquely comprehensive and rigorous field trial of the
benefits of interference-control in one of the busiest segments of
Verizon Wireless`s network.
-- We obtained our second and third product orders from Verizon Wireless,
consisting of both CRFE (cryogenic front end) and ANF(TM) systems.
-- We shipped 140 ANF systems to Bell Mobility of Canada. As a result,
our ANF systems are now deployed in the networks of the largest
wireless carrier in the US and the largest wireless carrier in Canada.
-- We received orders from Japan for three prototypes of our ultra-small
V6 generation of 3G CFRE. This revolutionary new design meets the
principal specifications, including size, which the Japanese have asked
ISCO to satisfy. We expect that the V6 platform will allow us to
transition from prototypes to commercial product for the 3G market in
Asia.
-- We announced a distribution arrangement in Indonesia and received a
purchase commitment from our distributor.
``Further,`` Dr. Calhoun continued, ``in July we received what we consider the fundamental US patent for commercially viable
CRFE systems. Because we believe, based in part on our competitors` own sales literature, that the CRFE systems sold by our
competitors infringe upon this patent, we have initiated an action seeking to enjoin them from manufacturing, selling or marketing
CRFE systems that so infringe. It is ultimately for the judicial system to resolve this dispute, but based upon everything we have
seen to date we have every expectation of prevailing in this matter. ISCO has a robust and growing patent portfolio, which
includes the fundamental patent on tower-top CRFE applications, patents on our unique ANF system, and over 100 other patents
and patent applications.``
ISCO offers the broadest range of interference management solutions in the wireless communications industry. It has the only
patented product in the world that suppresses in-band interference within 20 milliseconds. The company offers the widest range of
configurations for HTS out-of-band interference solutions that support cellular, PCS, 2.5G and 3G systems. Its products include
the smallest HTS filter systems on the market today, as well as the only failure-proof all-temperature HTS filter architecture, our
patented ATP(TM) system. ISCO has sold more than 470 systems worldwide and has on-going field trials with domestic and
international service providers. ISCO is also developing ultra-high-performance superconducting front-end products, including both
transmitter and receiver products for emerging third generation (3G) wireless systems. 2.5 and 3G wireless systems are expected
to replace current wireless systems over the next several years.
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and
incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the
future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to
identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,``
``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently
available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the
Company`s actual results, performance or achievements to differ materially from those expressed in, or implied by, such
statements. These factors include, among others, the following: market acceptance of the Company`s technology; the spending
patterns of wireless network operators in connection with the build out of 2.5 G and 3G wireless systems; the Company`s ability to
obtain additional financing in the future; the Company`s history of net losses and the lack of assurance that the Company`s
earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively
against better capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on
liquidity of the Company`s common stock because of its de-listing from the Nasdaq National Market in June 1999; continued
downward pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of front-end
systems for the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract
and retain key personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and
assumptions is included in the Company`s filings with the Securities and Exchange Commission, including those described under
the heading ``Risk Factors`` in the Company`s Annual Report on Form 10-K/A. You should not place undue reliance on any
forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such
forward-looking statements that may be made to reflect events or circumstances after the date of this Report or to reflect the
occurrence of unanticipated events.
Six Months Ending
June 30, June 30,
2001 2000
UNAUDITED
Net sales $1,886,000 $187,000
Costs and expenses:
Cost of sales 2,442,000 979,000
Research and development 3,686,000 1,020,000
Selling and marketing 1,793,000 400,000
General and administrative 3,309,000 2,567,000
Total costs and expenses 11,230,000 4,966,000
Operating loss $(9,344,000) $(4,779,000)
Other income (expense):
Interest income 97,000 92,000
Non-cash interest expense on Senior
convertible notes -- (1,485,000)
Goodwill amortization (1,019,000) --
Other interest expense (30,000) (17,000)
Other income, net 20,000 4,000
Total other income (expense) $(932,000) $(1,406,000)
Loss before extraordinary item $(10,276,000) $(6,185,000)
Extraordinary item
-- debt extinguishment -- (28,000)
Net loss $(10,276,000) $(6,213,000)
Basic and diluted loss per common
share before extraordinary item $(0.10) $(0.23)
Weighted average number of common
shares outstanding 107,765,000 27,585,000
Three Months Ending
June 30, June 30,
2001 2000
UNAUDITED
Net sales $1,374,000 $15,000
Costs and expenses:
Cost of sales 1,638,000 330,000
Research and development 1,969,000 714,000
Selling and marketing 970,000 215,000
General and administrative 1,900,000 1,502,000
Total costs and expenses 6,477,000 2,761,000
Operating loss $(5,103,000) $(2,746,000)
Other income (expense):
Interest income 78,000 67,000
Non-cash interest expense on
Senior convertible notes -- (1,083,000)
Goodwill amortization (509,000) --
Other interest expense (6,000) (16,000)
Other income, net 11,000 (4,000)
Total other income (expense) $(426,000) $(1,036,000)
Loss before extraordinary item $(5,529,000) $(3,782,000)
Extraordinary item
-- debt extinguishment -- --
Net loss $(5,529,000) $(3,782,000)
Basic and diluted loss per common
share before extraordinary item $(0.05) $(0.12)
Weighted average number of common
shares outstanding 107,779,000 30,561,000
SOURCE: ISCO International, Inc.
Tuesday August 14, 8:23 am Eastern Time
Press Release
SOURCE: ISCO International, Inc.
ISCO International Reports Substantial Revenue
Increase in Second Quarter 2001 Financial Results
MT. PROSPECT, Ill., Aug. 14 /PRNewswire/ -- ISCO International, Inc. (OTC Bulletin
Board: ISCO - news), a global supplier of interference-control solutions for the wireless
telecommunications industry, today reported financial results for the second quarter of 2001.
Financial Results:
ISCO reported consolidated net revenues of $1,374,000 for the quarter ending June 30, 2001,
versus $15,000 during the comparable period of 2000. For the six-month period ending June 30,
2001, consolidated net revenues were $1,886,000, versus $187,000 during the first six months
of 2000. The net loss from continuing operations was $5,529,000 and $10,276,000 for the three
and six month periods ending June 30, 2001, respectively, versus $3,782,000 and $6,185,000
during the same periods in 2000. The increase in net loss was due primarily to increases in
development costs associated with 3G prototype development and field trials for 2G and 2.5G
wireless systems in both Asia and North America, as well as other projects, the establishment
of a new commercial development team, and non-cash charges associated with both the
goodwill amortization from the SSI and ANF acquisitions and other non-cash compensation
charges.
The weighted-average number of shares outstanding increased from 33,037,000 to 107,765,000
from the year ending December 31, 2000 and the six month period ending June 30, 2001,
respectively. The increase in weighted-average shares outstanding is mainly a result of the
conversion of all the Company`s senior convertible notes into common shares, which occurred
late in 2000, the exercise of warrants and options, and the issuance of six million shares in two
acquisitions.
``In the second quarter, we began to see the first concrete results of our strategic
re-engagement with the marketplace,`` commented Dr. George Calhoun, ISCO`s Chairman and
Chief Executive Officer. ``In this quarter alone:
-- We completed a uniquely comprehensive and rigorous field trial of the
benefits of interference-control in one of the busiest segments of
Verizon Wireless`s network.
-- We obtained our second and third product orders from Verizon Wireless,
consisting of both CRFE (cryogenic front end) and ANF(TM) systems.
-- We shipped 140 ANF systems to Bell Mobility of Canada. As a result,
our ANF systems are now deployed in the networks of the largest
wireless carrier in the US and the largest wireless carrier in Canada.
-- We received orders from Japan for three prototypes of our ultra-small
V6 generation of 3G CFRE. This revolutionary new design meets the
principal specifications, including size, which the Japanese have asked
ISCO to satisfy. We expect that the V6 platform will allow us to
transition from prototypes to commercial product for the 3G market in
Asia.
-- We announced a distribution arrangement in Indonesia and received a
purchase commitment from our distributor.
``Further,`` Dr. Calhoun continued, ``in July we received what we consider the fundamental US patent for commercially viable
CRFE systems. Because we believe, based in part on our competitors` own sales literature, that the CRFE systems sold by our
competitors infringe upon this patent, we have initiated an action seeking to enjoin them from manufacturing, selling or marketing
CRFE systems that so infringe. It is ultimately for the judicial system to resolve this dispute, but based upon everything we have
seen to date we have every expectation of prevailing in this matter. ISCO has a robust and growing patent portfolio, which
includes the fundamental patent on tower-top CRFE applications, patents on our unique ANF system, and over 100 other patents
and patent applications.``
ISCO offers the broadest range of interference management solutions in the wireless communications industry. It has the only
patented product in the world that suppresses in-band interference within 20 milliseconds. The company offers the widest range of
configurations for HTS out-of-band interference solutions that support cellular, PCS, 2.5G and 3G systems. Its products include
the smallest HTS filter systems on the market today, as well as the only failure-proof all-temperature HTS filter architecture, our
patented ATP(TM) system. ISCO has sold more than 470 systems worldwide and has on-going field trials with domestic and
international service providers. ISCO is also developing ultra-high-performance superconducting front-end products, including both
transmitter and receiver products for emerging third generation (3G) wireless systems. 2.5 and 3G wireless systems are expected
to replace current wireless systems over the next several years.
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and
incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the
future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to
identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,``
``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently
available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the
Company`s actual results, performance or achievements to differ materially from those expressed in, or implied by, such
statements. These factors include, among others, the following: market acceptance of the Company`s technology; the spending
patterns of wireless network operators in connection with the build out of 2.5 G and 3G wireless systems; the Company`s ability to
obtain additional financing in the future; the Company`s history of net losses and the lack of assurance that the Company`s
earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively
against better capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on
liquidity of the Company`s common stock because of its de-listing from the Nasdaq National Market in June 1999; continued
downward pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of front-end
systems for the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract
and retain key personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and
assumptions is included in the Company`s filings with the Securities and Exchange Commission, including those described under
the heading ``Risk Factors`` in the Company`s Annual Report on Form 10-K/A. You should not place undue reliance on any
forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such
forward-looking statements that may be made to reflect events or circumstances after the date of this Report or to reflect the
occurrence of unanticipated events.
Six Months Ending
June 30, June 30,
2001 2000
UNAUDITED
Net sales $1,886,000 $187,000
Costs and expenses:
Cost of sales 2,442,000 979,000
Research and development 3,686,000 1,020,000
Selling and marketing 1,793,000 400,000
General and administrative 3,309,000 2,567,000
Total costs and expenses 11,230,000 4,966,000
Operating loss $(9,344,000) $(4,779,000)
Other income (expense):
Interest income 97,000 92,000
Non-cash interest expense on Senior
convertible notes -- (1,485,000)
Goodwill amortization (1,019,000) --
Other interest expense (30,000) (17,000)
Other income, net 20,000 4,000
Total other income (expense) $(932,000) $(1,406,000)
Loss before extraordinary item $(10,276,000) $(6,185,000)
Extraordinary item
-- debt extinguishment -- (28,000)
Net loss $(10,276,000) $(6,213,000)
Basic and diluted loss per common
share before extraordinary item $(0.10) $(0.23)
Weighted average number of common
shares outstanding 107,765,000 27,585,000
Three Months Ending
June 30, June 30,
2001 2000
UNAUDITED
Net sales $1,374,000 $15,000
Costs and expenses:
Cost of sales 1,638,000 330,000
Research and development 1,969,000 714,000
Selling and marketing 970,000 215,000
General and administrative 1,900,000 1,502,000
Total costs and expenses 6,477,000 2,761,000
Operating loss $(5,103,000) $(2,746,000)
Other income (expense):
Interest income 78,000 67,000
Non-cash interest expense on
Senior convertible notes -- (1,083,000)
Goodwill amortization (509,000) --
Other interest expense (6,000) (16,000)
Other income, net 11,000 (4,000)
Total other income (expense) $(426,000) $(1,036,000)
Loss before extraordinary item $(5,529,000) $(3,782,000)
Extraordinary item
-- debt extinguishment -- --
Net loss $(5,529,000) $(3,782,000)
Basic and diluted loss per common
share before extraordinary item $(0.05) $(0.12)
Weighted average number of common
shares outstanding 107,779,000 30,561,000
SOURCE: ISCO International, Inc.
Nein, nein, sie sind nicht tot!
Monday February 18, 2:00 pm Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Announces Completion of Fully-Subscribed Rights
Offering
MT. PROSPECT, Ill., Feb. 18 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC Bulletin Board: ISCO - news), a
leading supplier of interference-management solutions for the wireless and cellular industry, announces today the expiration of its
previously announced rights offering on Friday February 15, 2002 at 5:00 p.m EST. The offering was oversubscribed, resulting in
gross proceeds of approximately $20 million to the Company. The proceeds will be used to repay debt, for working capital, and
for general corporate purposes. The rights offering involved the offer of approximately 40 million shares of newly issued common
stock at $0.50 per share. Each shareholder who exercised their basic subscription privilege will receive the number of shares for
which they subscribed. Due to the oversubscription, shareholders exercising their oversubscription privilege will receive a pro rata
portion of the number of shares subscribed for based on the number of shares each subscriber for additional shares has purchased
under the basic subscription privilege. Any excess funds received by the Company will be returned to shareholders without interest.
If you have any questions about the closing procedures for the rights offering, please contact the Company`s Information Agent,
MacKenzie Partners, Inc. at (800) 322-2885.
ISCO has the broadest range of interference-control solutions in the industry. It provides the only patented product in the world
that suppresses in-band interference within 20 milliseconds and offers the widest range of configurations for out-of-band
interference solutions. The company provides the widest range of configurations for HTS out-of-band interference solutions that
support cellular, PCS, 2.5G and 3G systems. Its products include the smallest, failure-proof all-temperature HTS filter on the
market today, the patented ATP(TM) system. ISCO has also developed ultra-high-performance super- conducting front-end
products, including both transmitter and receiver products for emerging data-capable WCDMA and CDMA 2000 systems. These
next generation wireless systems are expected to replace current wireless systems over the next several years.
Safe Harbor Statement
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and
incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the
future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to identify
these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,`` ``intends``
and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently available to
it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the Company`s
actual results, performance or achievements to differ materially from those expressed in, or implied by, such statements. These factors include, among others, the
following: market acceptance of the Company`s technology; the spending patterns of wireless network operators in connection with the build out of 2.5 G and 3G
wireless systems; the Company`s ability to obtain additional financing in the future; the Company`s history of net losses and the lack of assurance that the Company`s
earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively against better capitalized competitors and
to withstand downturns in its business or the economy generally; the adverse effects on liquidity of the Company`s common stock because of its de-listing from the
Nasdaq National Market in June 1999; continued downward pressure on the prices charged for the Company`s products due to the competition of rival
manufacturers of front-end systems for the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract and retain
key personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is included in the Company`s filings
with the Securities and Exchange Commission, including those described under the heading ``Risk Factors`` in the Company`s Annual Report on Form 10-K/A. You
should not place undue reliance on any forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such
forward-looking statements that may be made to reflect events or circumstances after the date of this Report or to reflect the occurrence of unanticipated events.
SOURCE: ISCO International
Monday February 18, 2:00 pm Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Announces Completion of Fully-Subscribed Rights
Offering
MT. PROSPECT, Ill., Feb. 18 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC Bulletin Board: ISCO - news), a
leading supplier of interference-management solutions for the wireless and cellular industry, announces today the expiration of its
previously announced rights offering on Friday February 15, 2002 at 5:00 p.m EST. The offering was oversubscribed, resulting in
gross proceeds of approximately $20 million to the Company. The proceeds will be used to repay debt, for working capital, and
for general corporate purposes. The rights offering involved the offer of approximately 40 million shares of newly issued common
stock at $0.50 per share. Each shareholder who exercised their basic subscription privilege will receive the number of shares for
which they subscribed. Due to the oversubscription, shareholders exercising their oversubscription privilege will receive a pro rata
portion of the number of shares subscribed for based on the number of shares each subscriber for additional shares has purchased
under the basic subscription privilege. Any excess funds received by the Company will be returned to shareholders without interest.
If you have any questions about the closing procedures for the rights offering, please contact the Company`s Information Agent,
MacKenzie Partners, Inc. at (800) 322-2885.
ISCO has the broadest range of interference-control solutions in the industry. It provides the only patented product in the world
that suppresses in-band interference within 20 milliseconds and offers the widest range of configurations for out-of-band
interference solutions. The company provides the widest range of configurations for HTS out-of-band interference solutions that
support cellular, PCS, 2.5G and 3G systems. Its products include the smallest, failure-proof all-temperature HTS filter on the
market today, the patented ATP(TM) system. ISCO has also developed ultra-high-performance super- conducting front-end
products, including both transmitter and receiver products for emerging data-capable WCDMA and CDMA 2000 systems. These
next generation wireless systems are expected to replace current wireless systems over the next several years.
Safe Harbor Statement
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and
incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the
future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to identify
these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,`` ``intends``
and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently available to
it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the Company`s
actual results, performance or achievements to differ materially from those expressed in, or implied by, such statements. These factors include, among others, the
following: market acceptance of the Company`s technology; the spending patterns of wireless network operators in connection with the build out of 2.5 G and 3G
wireless systems; the Company`s ability to obtain additional financing in the future; the Company`s history of net losses and the lack of assurance that the Company`s
earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively against better capitalized competitors and
to withstand downturns in its business or the economy generally; the adverse effects on liquidity of the Company`s common stock because of its de-listing from the
Nasdaq National Market in June 1999; continued downward pressure on the prices charged for the Company`s products due to the competition of rival
manufacturers of front-end systems for the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract and retain
key personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is included in the Company`s filings
with the Securities and Exchange Commission, including those described under the heading ``Risk Factors`` in the Company`s Annual Report on Form 10-K/A. You
should not place undue reliance on any forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such
forward-looking statements that may be made to reflect events or circumstances after the date of this Report or to reflect the occurrence of unanticipated events.
SOURCE: ISCO International
Was ist mit Elliott Partners los? Erst haben sie (als früherer VC-Partner von ISCO) den Prozess über Insidergeschäfte vor der lockup-expiry verloren, und jetzt machen sie die halbe Kapitalerhöhung allein...?!
Sind sie verrückt oder wissen sie mehr?
Spannende Fragen...
Die neuesten Insidertrades gibt es hier:
http://biz.yahoo.com/t/i/isco.html
Und das neueste zu UMTS gibt`s hier:
http://www.n-tv.de/2996115.html
Dienstag, 12. März 2002
UMTS
Massenstart erst
2004/05
In zwei bis drei Jahren soll sich der
UMTS-Mobilfunkstandard für
internetfähige Handys in Deutschland
zu einem Massenmarkt entwickeln.
Das prognostizierte
D2-Vodafone-Chef Jürgen von
Kuczkowski anlässlich der
Technologiemesse CeBIT in
Hannover. Gleichzeitig bekräftigte er
die Prognose, wonach D2-Vodafone noch im laufenden Jahr mit UMTS starten
werde. Im Herbst 2002 stünden „ein paar Tausend“ Endgeräte zur Verfügung,
schätzte von Kuczkowski. Demzufolge werde es ein Minimum an
Netzabdeckung geben. Eine Verschiebung des Starts schloss der D2
Vodafone-Chef jedoch nicht kategorisch aus. Dies könne dann jedoch nur an
den Handylieferanten liegen.
Andere Mobilfunkanbieter hatten ihren UMTS-Start verschoben. So will
beispielsweise Viag Interkom erst im Sommer 2003 mit dem Mobilfunk der
dritten Generation an den Start gehen. „Wir werden nicht in Netze investieren,
die keine Kunden haben“, erklärte der Vorstandschef des britischen
Mutterkonzerns mmO2, Peter Erskine, auf der CeBIT. „Wenn die Handys
früher oder später kommen, werden wir UMTS eben auch früher oder später
starten“. Die deutsche Tochter Viag Interkom, die ab Mai in O2 umbenannt
werde, solle im nächsten Geschäftsjahr 2002/03 (31.März) die Gewinnschwelle
erreichen.
Der gemessen am Kundenbestand drittgrößte deutsche Mobilfunkbetreiber
E-Plus blickt nach eigenen Angaben auf das erfolgreichste Jahr der
Unternehmensgeschichte zurück. Der Anteil der lukrativen Vertragskunden an
den hinzu gekommenen Teilnehmern sei 2001 auf 59 Prozent gestiegen, sagte
E-Plus-Geschäftsführer Uwe Bergheim in Hannover. Der Anteil am gesamten
Teilnehmerbestand sei somit von sieben auf zehn Prozent gewachsen. Für
2002 habe sich die Gesellschaft eine weitere Steigerung der Profitabilität zum
Ziel gesetzt, hieß es weiter.
Der Handyhersteller Siemens hat unterdessen seine Wachstumsprognose für
das Mobilfunkgeschäft bekräftigt. Im laufenden Quartal sollten sieben bis acht
Mio. Handys abgesetzt werden, erklärte Peter Zapf, Leiter
Siemens-Mobile-Phones in Hannover. Im Vorjahresquartal seien 6,9 Mio.
Geräte verkauft worden. Die Prognose für den weltweiten Handymarkt wurde
hingegen gesenkt. Siemens rechne für 2002 mit weltweit 400 bis 420 Mio.
verkauften Mobiltelefonen, was einem Wachstum um bis zu fünf Prozent
entspreche, teilte der Konzern mit. Nach den Daten des
Marktforschungsinstituts Gartner waren in 2001 weltweit 400 Mio. Handys
verkauft worden.
Sind sie verrückt oder wissen sie mehr?
Spannende Fragen...
Die neuesten Insidertrades gibt es hier:
http://biz.yahoo.com/t/i/isco.html
Und das neueste zu UMTS gibt`s hier:
http://www.n-tv.de/2996115.html
Dienstag, 12. März 2002
UMTS
Massenstart erst
2004/05
In zwei bis drei Jahren soll sich der
UMTS-Mobilfunkstandard für
internetfähige Handys in Deutschland
zu einem Massenmarkt entwickeln.
Das prognostizierte
D2-Vodafone-Chef Jürgen von
Kuczkowski anlässlich der
Technologiemesse CeBIT in
Hannover. Gleichzeitig bekräftigte er
die Prognose, wonach D2-Vodafone noch im laufenden Jahr mit UMTS starten
werde. Im Herbst 2002 stünden „ein paar Tausend“ Endgeräte zur Verfügung,
schätzte von Kuczkowski. Demzufolge werde es ein Minimum an
Netzabdeckung geben. Eine Verschiebung des Starts schloss der D2
Vodafone-Chef jedoch nicht kategorisch aus. Dies könne dann jedoch nur an
den Handylieferanten liegen.
Andere Mobilfunkanbieter hatten ihren UMTS-Start verschoben. So will
beispielsweise Viag Interkom erst im Sommer 2003 mit dem Mobilfunk der
dritten Generation an den Start gehen. „Wir werden nicht in Netze investieren,
die keine Kunden haben“, erklärte der Vorstandschef des britischen
Mutterkonzerns mmO2, Peter Erskine, auf der CeBIT. „Wenn die Handys
früher oder später kommen, werden wir UMTS eben auch früher oder später
starten“. Die deutsche Tochter Viag Interkom, die ab Mai in O2 umbenannt
werde, solle im nächsten Geschäftsjahr 2002/03 (31.März) die Gewinnschwelle
erreichen.
Der gemessen am Kundenbestand drittgrößte deutsche Mobilfunkbetreiber
E-Plus blickt nach eigenen Angaben auf das erfolgreichste Jahr der
Unternehmensgeschichte zurück. Der Anteil der lukrativen Vertragskunden an
den hinzu gekommenen Teilnehmern sei 2001 auf 59 Prozent gestiegen, sagte
E-Plus-Geschäftsführer Uwe Bergheim in Hannover. Der Anteil am gesamten
Teilnehmerbestand sei somit von sieben auf zehn Prozent gewachsen. Für
2002 habe sich die Gesellschaft eine weitere Steigerung der Profitabilität zum
Ziel gesetzt, hieß es weiter.
Der Handyhersteller Siemens hat unterdessen seine Wachstumsprognose für
das Mobilfunkgeschäft bekräftigt. Im laufenden Quartal sollten sieben bis acht
Mio. Handys abgesetzt werden, erklärte Peter Zapf, Leiter
Siemens-Mobile-Phones in Hannover. Im Vorjahresquartal seien 6,9 Mio.
Geräte verkauft worden. Die Prognose für den weltweiten Handymarkt wurde
hingegen gesenkt. Siemens rechne für 2002 mit weltweit 400 bis 420 Mio.
verkauften Mobiltelefonen, was einem Wachstum um bis zu fünf Prozent
entspreche, teilte der Konzern mit. Nach den Daten des
Marktforschungsinstituts Gartner waren in 2001 weltweit 400 Mio. Handys
verkauft worden.
Um nochmal auf die Fragen von vorgestern zurückzukommen - was macht eigentlich ISCO International?
Wesentliche Teile der Antwort finden sich in einem langen Interview von Ende letzten Jahres...
http://www.iscointl.com/TWST-ISCO.pdf
Wesentliche Teile der Antwort finden sich in einem langen Interview von Ende letzten Jahres...
http://www.iscointl.com/TWST-ISCO.pdf
Monday March 18, 1:25 pm Eastern Time
Press Release
SOURCE: ISCO International
ISCO International Reports Progress in Sales of
In-Band Interference Systems And Unveils Enhanced
Platform to Support Network-Wide Deployments
MT. PROSPECT, Ill., March 18 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC
Bulletin Board: ISCO - news), a leading supplier of interference-management solutions for the
wireless and cellular industry, announced that it is expanding its adaptive notch filter
(ANF(TM)) product platform to support network-wide deployment in metropolitan service
areas. The ANF is designed to monitor and suppress in-band interference in CDMA wireless
networks (IS95A/B, 1XRTT, WCDMA). The expanded platform now has the capability to
scan and clean multiple CDMA carriers in either A-band or B-band cellular networks, along
with a web-based network management software package, to allow operators to remotely
monitor and control interference levels at large numbers of sites equipped with the ANF
technology.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
``The demand for the Adaptive Notch Filter product has been healthy, and we are now
beginning to see operators evaluating large-scale deployments,`` said Roger Boivin, President
and Chief Operating Officer for ISCO. ``Based on our initial trials here in the Midwest, we now
have orders or requests for proposal for systems in Illinois, Indiana, Ohio, Minnesota, Kansas,
Missouri, Nebraska, North Dakota, Massachusetts, California, and Washington State, and we
expect orders soon from customers in Mexico, Brazil, and Israel. Initial order sizes are typically
small, because each operator needs to understand the system capabilities to be able to plan for
larger deployments. Interference management is still a new application. But we believe these
installations do represent the seed phase of what will become much larger deployments. We
began last year in the Chicago region with a small number of systems, to demonstrate the value
proposition to a major customer, and now we are filling orders for more than 70 ANF systems
here in the metropolitan Chicago area alone. We expect these other customers to develop in a
similar fashion.
``This means that the operators need a more flexible platform, for both A-band and B-band, and
multiple carriers per band. That is the new ANF platform that we are introducing today. We
have quadrupled the bandwidth of the system. We also know that the operator needs to be able
to create a network management capability to remotely provision and monitor this equipment
throughout its network. This might not be important for a small number of sites, but for tens or
hundreds of installations in a metropolitan service area it is a must. Therefore, we are also
introducing a state-of-the-art web-based network management package, which was designed in
close concert with one of our major customers. Designed to their specifications, you might say.
I take that as a good sign that the customers are looking at purchasing significant numbers of ANF systems. We also have been
working with OEMs -- that is, cellular infrastructure suppliers -- who are interested in integrating directly with their base stations.
These platform changes are directly supportive of our OEM integration goal.``
``Interference is inevitable,`` said Dr. George Calhoun, Chairman and CEO of ISCO International. ``Along boundaries between
CDMA service areas and TDMA, GSM, or analog cellular service areas, sporadic and often severe in-band interference is a real
problem. Inside CDMA service areas, there are also internal boundaries where analog channels can interfere with CDMA
channels. Airports and downtown sites are full of other interference sources. In some sites, we are clocking several thousand
`jamming` events every day. These in-band interference sources run the gamut from analog cellular calls that skip into cells they
are supposed to be in, and roamers on analog channels, to all sorts of other narrowband transmitters from TDMA cellphones and
SMR mobiles, to paging and radar pulses. It is truly pervasive, especially in high traffic areas -- which is precisely where the
penalty is the greatest. Many operators have come to the realization that interference in wideband networks can rob a network of
coverage and capacity. Interference not only impacts network operations, it also impacts an operator`s bottom line. The ability to
take out interference in-band on a dynamic and adaptive basis gives service providers a competitive edge.``
Paul Shepherd, ISCO`s Product Line Manager for the A-series ANF platform, said, ``This network management module and
graphical user interface were designed with the help of one of our major customers, and are tailored to meet the needs of an
operator who expects to deploy hundreds of these systems in a metropolitan service area. It provides strong statistical and
mapping information to allow the operator to monitor levels of in-band interference in his network in real time. We are finding that
CDMA networks in many parts of the world are exposed to intense in-band interference, and there is no other effective solution
on the market except for our A-series adaptive filters. We believe that a number of operators are looking at this as an
across-the-board solution, rather than just a site-specific fix.
``Event reporting and alarm capabilities give an operator valuable information about the status of their network resources and
in-band interference by time-of-day, channel and carrier, and it does it for all A-series systems installed at cell sites throughout a
service provider`s network. With an internet browser and a few mouse clicks, an operator can identify, in real time, cell sectors
that are experiencing high interference activity and implement an effective solution remotely.``
ISCO has the broadest range of interference-control solutions in the industry. It provides the only patented product in the world
that suppresses in-band interference in a CDMA carrier within 20 milliseconds. The company provides the widest range of
configurations for HTS out-of-band interference solutions that support cellular, PCS, 2.5G and 3G systems. Its products include
the smallest, failure-proof all-temperature HTS filter on the market today, the patented ATP(TM) system. ISCO has also
developed ultra-high- performance super-conducting front-end products, including both transmitter and receiver products for
emerging data-capable WCDMA and CDMA 2000 systems. These next generation wireless systems are expected to replace
current wireless systems over the next several years.
Safe Harbor Statement
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and
incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the
future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to
identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,``
``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently
available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the
Company`s actual results, performance or achievements to differ materially from those expressed in, or implied by, such
statements. These factors include, among others, the following: market acceptance of the Company`s technology; the spending
patterns of wireless network operators in connection with the build out of 2.5 G and 3G wireless systems; the Company`s ability to
obtain additional financing in the future; the Company`s history of net losses and the lack of assurance that the Company`s
earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively
against better capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on
liquidity of the Company`s common stock because of its de-listing from the Nasdaq National Market in June 1999; continued
downward pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of front-end
systems for the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract
and retain key personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and
assumptions is included in the Company`s filings with the Securities and Exchange Commission, including those described under
the heading ``Risk Factors`` in the Company`s Annual Report on Form 10-K/A. You should not place undue reliance on any
forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such
forward-looking statements that may be made to reflect events or circumstances after the date of this Report or to reflect the
occurrence of unanticipated events.
SOURCE: ISCO International
Press Release
SOURCE: ISCO International
ISCO International Reports Progress in Sales of
In-Band Interference Systems And Unveils Enhanced
Platform to Support Network-Wide Deployments
MT. PROSPECT, Ill., March 18 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC
Bulletin Board: ISCO - news), a leading supplier of interference-management solutions for the
wireless and cellular industry, announced that it is expanding its adaptive notch filter
(ANF(TM)) product platform to support network-wide deployment in metropolitan service
areas. The ANF is designed to monitor and suppress in-band interference in CDMA wireless
networks (IS95A/B, 1XRTT, WCDMA). The expanded platform now has the capability to
scan and clean multiple CDMA carriers in either A-band or B-band cellular networks, along
with a web-based network management software package, to allow operators to remotely
monitor and control interference levels at large numbers of sites equipped with the ANF
technology.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
``The demand for the Adaptive Notch Filter product has been healthy, and we are now
beginning to see operators evaluating large-scale deployments,`` said Roger Boivin, President
and Chief Operating Officer for ISCO. ``Based on our initial trials here in the Midwest, we now
have orders or requests for proposal for systems in Illinois, Indiana, Ohio, Minnesota, Kansas,
Missouri, Nebraska, North Dakota, Massachusetts, California, and Washington State, and we
expect orders soon from customers in Mexico, Brazil, and Israel. Initial order sizes are typically
small, because each operator needs to understand the system capabilities to be able to plan for
larger deployments. Interference management is still a new application. But we believe these
installations do represent the seed phase of what will become much larger deployments. We
began last year in the Chicago region with a small number of systems, to demonstrate the value
proposition to a major customer, and now we are filling orders for more than 70 ANF systems
here in the metropolitan Chicago area alone. We expect these other customers to develop in a
similar fashion.
``This means that the operators need a more flexible platform, for both A-band and B-band, and
multiple carriers per band. That is the new ANF platform that we are introducing today. We
have quadrupled the bandwidth of the system. We also know that the operator needs to be able
to create a network management capability to remotely provision and monitor this equipment
throughout its network. This might not be important for a small number of sites, but for tens or
hundreds of installations in a metropolitan service area it is a must. Therefore, we are also
introducing a state-of-the-art web-based network management package, which was designed in
close concert with one of our major customers. Designed to their specifications, you might say.
I take that as a good sign that the customers are looking at purchasing significant numbers of ANF systems. We also have been
working with OEMs -- that is, cellular infrastructure suppliers -- who are interested in integrating directly with their base stations.
These platform changes are directly supportive of our OEM integration goal.``
``Interference is inevitable,`` said Dr. George Calhoun, Chairman and CEO of ISCO International. ``Along boundaries between
CDMA service areas and TDMA, GSM, or analog cellular service areas, sporadic and often severe in-band interference is a real
problem. Inside CDMA service areas, there are also internal boundaries where analog channels can interfere with CDMA
channels. Airports and downtown sites are full of other interference sources. In some sites, we are clocking several thousand
`jamming` events every day. These in-band interference sources run the gamut from analog cellular calls that skip into cells they
are supposed to be in, and roamers on analog channels, to all sorts of other narrowband transmitters from TDMA cellphones and
SMR mobiles, to paging and radar pulses. It is truly pervasive, especially in high traffic areas -- which is precisely where the
penalty is the greatest. Many operators have come to the realization that interference in wideband networks can rob a network of
coverage and capacity. Interference not only impacts network operations, it also impacts an operator`s bottom line. The ability to
take out interference in-band on a dynamic and adaptive basis gives service providers a competitive edge.``
Paul Shepherd, ISCO`s Product Line Manager for the A-series ANF platform, said, ``This network management module and
graphical user interface were designed with the help of one of our major customers, and are tailored to meet the needs of an
operator who expects to deploy hundreds of these systems in a metropolitan service area. It provides strong statistical and
mapping information to allow the operator to monitor levels of in-band interference in his network in real time. We are finding that
CDMA networks in many parts of the world are exposed to intense in-band interference, and there is no other effective solution
on the market except for our A-series adaptive filters. We believe that a number of operators are looking at this as an
across-the-board solution, rather than just a site-specific fix.
``Event reporting and alarm capabilities give an operator valuable information about the status of their network resources and
in-band interference by time-of-day, channel and carrier, and it does it for all A-series systems installed at cell sites throughout a
service provider`s network. With an internet browser and a few mouse clicks, an operator can identify, in real time, cell sectors
that are experiencing high interference activity and implement an effective solution remotely.``
ISCO has the broadest range of interference-control solutions in the industry. It provides the only patented product in the world
that suppresses in-band interference in a CDMA carrier within 20 milliseconds. The company provides the widest range of
configurations for HTS out-of-band interference solutions that support cellular, PCS, 2.5G and 3G systems. Its products include
the smallest, failure-proof all-temperature HTS filter on the market today, the patented ATP(TM) system. ISCO has also
developed ultra-high- performance super-conducting front-end products, including both transmitter and receiver products for
emerging data-capable WCDMA and CDMA 2000 systems. These next generation wireless systems are expected to replace
current wireless systems over the next several years.
Safe Harbor Statement
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and
incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current expectations regarding the
future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to
identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,`` ``expects,`` ``plans,``
``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently
available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the
Company`s actual results, performance or achievements to differ materially from those expressed in, or implied by, such
statements. These factors include, among others, the following: market acceptance of the Company`s technology; the spending
patterns of wireless network operators in connection with the build out of 2.5 G and 3G wireless systems; the Company`s ability to
obtain additional financing in the future; the Company`s history of net losses and the lack of assurance that the Company`s
earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively
against better capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on
liquidity of the Company`s common stock because of its de-listing from the Nasdaq National Market in June 1999; continued
downward pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of front-end
systems for the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract
and retain key personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and
assumptions is included in the Company`s filings with the Securities and Exchange Commission, including those described under
the heading ``Risk Factors`` in the Company`s Annual Report on Form 10-K/A. You should not place undue reliance on any
forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such
forward-looking statements that may be made to reflect events or circumstances after the date of this Report or to reflect the
occurrence of unanticipated events.
SOURCE: ISCO International
Wednesday March 20, 10:50 am Eastern Time
Press Release
SOURCE: ISCO International, Inc.
ISCO International Announces Fourth Quarter and Full Year 2001 Results
And Conference Call
MT. PROSPECT, Ill., March 20 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC Bulletin Board: ISCO - news), a
leading supplier of interference-management solutions for the wireless and cellular industry, will host a conference call on Monday,
April 1, 2002 at 2pm CST (3pm EST) to discuss fourth quarter and full year 2001 results of operations. Other business
development issues will also be discussed. Earnings will be released prior to the conference call.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
To participate in the call domestically, dial 1-800-706-6781. International callers should dial 1-706-679-5910. The conference
name is ``ISCO International.`` The call will be replayed until June 1, 2002 at 1-800-642-1687 (or 1-706-645-9291 for
international callers). The access code for the replay is 3580273.
Following the presentation, a short question and answer session will be held. Participants are asked to dial in 10 minutes prior to the
beginning of the call. The call will be webcast live and then archived for 30 days. ISCO will provide a link to the call on its web site
( http://www.iscointl.com ) for both the live and archived versions.
ISCO has the broadest range of interference-control solutions in the industry. It provides the only patented product in the world
that suppresses in-band interference in a CDMA carrier within 20 milliseconds. The company provides the widest range of
configurations for HTS out-of-band interference solutions that support cellular, PCS, 2.5G and 3G systems. Its products include
the smallest, failure-proof all-temperature HTS filter on the market today, the patented ATP(TM) system. ISCO has also
developed ultra-high- performance super-conducting front-end products, including both transmitter and receiver products for
emerging data-capable WCDMA and CDMA 2000 systems. These next generation wireless systems are expected to replace
current wireless systems over the next several years.
Safe Harbor Statement
[...] s.u.
Press Release
SOURCE: ISCO International, Inc.
ISCO International Announces Fourth Quarter and Full Year 2001 Results
And Conference Call
MT. PROSPECT, Ill., March 20 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC Bulletin Board: ISCO - news), a
leading supplier of interference-management solutions for the wireless and cellular industry, will host a conference call on Monday,
April 1, 2002 at 2pm CST (3pm EST) to discuss fourth quarter and full year 2001 results of operations. Other business
development issues will also be discussed. Earnings will be released prior to the conference call.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
To participate in the call domestically, dial 1-800-706-6781. International callers should dial 1-706-679-5910. The conference
name is ``ISCO International.`` The call will be replayed until June 1, 2002 at 1-800-642-1687 (or 1-706-645-9291 for
international callers). The access code for the replay is 3580273.
Following the presentation, a short question and answer session will be held. Participants are asked to dial in 10 minutes prior to the
beginning of the call. The call will be webcast live and then archived for 30 days. ISCO will provide a link to the call on its web site
( http://www.iscointl.com ) for both the live and archived versions.
ISCO has the broadest range of interference-control solutions in the industry. It provides the only patented product in the world
that suppresses in-band interference in a CDMA carrier within 20 milliseconds. The company provides the widest range of
configurations for HTS out-of-band interference solutions that support cellular, PCS, 2.5G and 3G systems. Its products include
the smallest, failure-proof all-temperature HTS filter on the market today, the patented ATP(TM) system. ISCO has also
developed ultra-high- performance super-conducting front-end products, including both transmitter and receiver products for
emerging data-capable WCDMA and CDMA 2000 systems. These next generation wireless systems are expected to replace
current wireless systems over the next several years.
Safe Harbor Statement
[...] s.u.
ISCO scheint dem Motto "Schuster bleib bei Deinem Leisten" treu zu bleiben. Und so versuchen sie dann mal wieder die schon altbewährte Methode der Einnahmensteigerung kraft Prozeßführung:
Monday April 1, 11:15 am Eastern Time
Press Release
SOURCE: ISCO International, Inc.
ISCO International Expands Patent Suit Against Superconductor Technologies, Inc. and Conductus, Inc. to Include the Tower-Mounted Cryogenic Receiver Front-End System
MT. PROSPECT, Ill., April 1 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC
Bulletin Board: ISCO - news), a global supplier of interference-control solutions for the wireless
telecommunications industry, announced today that it has added new patent infringement claims
in its previously announced suit against Superconductor Technologies, Inc. (``STI``) and
Conductus Inc. in the Federal District Court in Delaware. The new claims allege infringement
of two additional patents, U.S. Patent Nos. 6,104,934 and 6,205,340. These patents, which were
issued on August 15, 2000 and March 20, 2001, respectively, cover the use of a cryogenic
receiver front-end (``CRFE``) in a tower-mounted configuration.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
``A CRFE system that can be installed outdoors, on the antenna tower, is an attractive solution
for operators in many markets,`` said Dr. George Calhoun, Chairman and CEO of ISCO. ``For
years the only tower-mounted CRFE product in the industry has been our T-series platform,
which has been sold in Latin America, Europe and Asia. Given that Japanese and Korean
wireless carriers have generally preferred outdoor base stations, the tower-mounted application
may take on added importance as those carriers roll out their 3G networks. Our competitors`
recent introductions of tower-mounted products underscore the emerging importance of this
market.
``STI, which is a California-based company, issued a press release last January announcing its
own tower-mounted CRFE for 3G deployment. While they have tried to claim that this product
is targeted to international markets, STI displayed a prototype of a tower-mounted CRFE
product at the recent Cellular Telephone Industry Association Trade Show in Orlando, Florida.
It is our contention that this is clear evidence of knowing infringement. We also believe that
Conductus has similarly infringed these patents.
``The idea that one can avoid infringement of a valid U.S. patent simply by targeting non-U.S.
customers is illusory. The U.S. patent laws contain robust protections against this kind of
end-run. For example, even with non-U.S. customers, the infringing product cannot be
manufactured in or sold or marketed from the United States without implicating U.S. patent
laws.
``Technological innovation and intellectual property rights are cornerstones of our business
strategy. ISCO holds or has applied for over 130 patents, encompassing over 700 claims, focused primarily on applications
pertinent to the commercial wireless telecommunications industry.``
ISCO is being represented in this suit by John F. Sweeney of Morgan & Finnegan, LLP, a New York-based intellectual property
law firm.
A copy of U.S. Patent Nos. 6,104,934 and 6,205,340 (as well as No. 6,263,215, the original subject of the suit) may be obtained by
accessing the United States Patent and Trademark Office website at http://www.USPTO.gov . Any questions regarding this litigation
should be directed to Dr. Calhoun or to Charles F. Willes, Chief Financial Officer.
ISCO has the broadest range of interference-control solutions in the industry. It provides the only patented product in the world
that suppresses in-band interference in a CDMA carrier within 20 milliseconds. The company provides the widest range of
configurations for HTS out-of-band interference solutions that support cellular, PCS, 2.5G and 3G systems. Its products include
the smallest, failure-proof all-temperature HTS filter on the market today, the patented ATP(TM) system. ISCO has also
developed ultra-high- performance super-conducting front-end products, including both transmitter and receiver products for
emerging data-capable WCDMA and CDMA 2000 systems. These next generation wireless systems are expected to replace
current wireless systems over the next several years.
Safe Harbor Statement
[...] Wie gehabt.
Monday April 1, 11:15 am Eastern Time
Press Release
SOURCE: ISCO International, Inc.
ISCO International Expands Patent Suit Against Superconductor Technologies, Inc. and Conductus, Inc. to Include the Tower-Mounted Cryogenic Receiver Front-End System
MT. PROSPECT, Ill., April 1 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC
Bulletin Board: ISCO - news), a global supplier of interference-control solutions for the wireless
telecommunications industry, announced today that it has added new patent infringement claims
in its previously announced suit against Superconductor Technologies, Inc. (``STI``) and
Conductus Inc. in the Federal District Court in Delaware. The new claims allege infringement
of two additional patents, U.S. Patent Nos. 6,104,934 and 6,205,340. These patents, which were
issued on August 15, 2000 and March 20, 2001, respectively, cover the use of a cryogenic
receiver front-end (``CRFE``) in a tower-mounted configuration.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
``A CRFE system that can be installed outdoors, on the antenna tower, is an attractive solution
for operators in many markets,`` said Dr. George Calhoun, Chairman and CEO of ISCO. ``For
years the only tower-mounted CRFE product in the industry has been our T-series platform,
which has been sold in Latin America, Europe and Asia. Given that Japanese and Korean
wireless carriers have generally preferred outdoor base stations, the tower-mounted application
may take on added importance as those carriers roll out their 3G networks. Our competitors`
recent introductions of tower-mounted products underscore the emerging importance of this
market.
``STI, which is a California-based company, issued a press release last January announcing its
own tower-mounted CRFE for 3G deployment. While they have tried to claim that this product
is targeted to international markets, STI displayed a prototype of a tower-mounted CRFE
product at the recent Cellular Telephone Industry Association Trade Show in Orlando, Florida.
It is our contention that this is clear evidence of knowing infringement. We also believe that
Conductus has similarly infringed these patents.
``The idea that one can avoid infringement of a valid U.S. patent simply by targeting non-U.S.
customers is illusory. The U.S. patent laws contain robust protections against this kind of
end-run. For example, even with non-U.S. customers, the infringing product cannot be
manufactured in or sold or marketed from the United States without implicating U.S. patent
laws.
``Technological innovation and intellectual property rights are cornerstones of our business
strategy. ISCO holds or has applied for over 130 patents, encompassing over 700 claims, focused primarily on applications
pertinent to the commercial wireless telecommunications industry.``
ISCO is being represented in this suit by John F. Sweeney of Morgan & Finnegan, LLP, a New York-based intellectual property
law firm.
A copy of U.S. Patent Nos. 6,104,934 and 6,205,340 (as well as No. 6,263,215, the original subject of the suit) may be obtained by
accessing the United States Patent and Trademark Office website at http://www.USPTO.gov . Any questions regarding this litigation
should be directed to Dr. Calhoun or to Charles F. Willes, Chief Financial Officer.
ISCO has the broadest range of interference-control solutions in the industry. It provides the only patented product in the world
that suppresses in-band interference in a CDMA carrier within 20 milliseconds. The company provides the widest range of
configurations for HTS out-of-band interference solutions that support cellular, PCS, 2.5G and 3G systems. Its products include
the smallest, failure-proof all-temperature HTS filter on the market today, the patented ATP(TM) system. ISCO has also
developed ultra-high- performance super-conducting front-end products, including both transmitter and receiver products for
emerging data-capable WCDMA and CDMA 2000 systems. These next generation wireless systems are expected to replace
current wireless systems over the next several years.
Safe Harbor Statement
[...] Wie gehabt.
Ach ja, die Zahlen für 2001 gab`s auch noch -- Bei den Einnahmen haben sie gut zugelegt (+300%), aber der Gesamtverlust hat sich, nicht zuletzt dank Goodwillabschreibungen, auch um 60% erhöht.
Monday April 1, 11:15 am Eastern Time
Press Release
SOURCE: ISCO International, Inc.
ISCO International Reports Fiscal 2001 Full Year Results
MT. PROSPECT, Ill., April 1 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC
Bulletin Board: ISCO - news), a leading global supplier of interference- control solutions for the
wireless telecommunications industry, today reported financial results for the year-ended
December 31, 2001.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
Financial Results:
ISCO reported consolidated net revenues of $1,981,000 for the year-ending December 31,
2001, versus $496,000 during the comparable period of 2000. These results do not include
revenues associated with the order from a major operator announced in November, in an
amount exceeding $1MM, all of which are expected to be recognized in the first quarter of
2002.
The consolidated net loss was $28,190,000 for the year-ending December 31, 2001, versus
$18,796,000 during the same period of 2000. The increase in net loss was due primarily to a
$4.925 million lawsuit settlement, a restructuring charge of more than $1 million related to the
closing of the Colorado and Toronto facilities and increased legal fees. In addition, also
contributing to the increased loss were charges related to establishment of a new commercial
development team, non-cash charges associated with goodwill amortization from the two
acquisitions that occurred during 2000, and other non-cash compensation charges.
ISCO has the broadest range of interference-control solutions in the industry. It provides the
only patented product in the world that suppresses in-band interference in a CDMA carrier
within 20 milliseconds. The company provides the widest range of configurations for HTS
out-of-band interference solutions that support cellular, PCS, 2.5G and 3G systems. Its products
include the smallest, failure-proof all-temperature HTS filter on the market today, the patented
ATP(TM) system. ISCO has also developed ultra-high- performance super-conducting
front-end products, including both transmitter and receiver products for emerging data-capable
WCDMA and CDMA 2000 systems. These next generation wireless systems are expected to
replace current wireless systems over the next several years.
Safe Harbor Statement
[...] wie gehabt
Monday April 1, 11:15 am Eastern Time
Press Release
SOURCE: ISCO International, Inc.
ISCO International Reports Fiscal 2001 Full Year Results
MT. PROSPECT, Ill., April 1 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC
Bulletin Board: ISCO - news), a leading global supplier of interference- control solutions for the
wireless telecommunications industry, today reported financial results for the year-ended
December 31, 2001.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
Financial Results:
ISCO reported consolidated net revenues of $1,981,000 for the year-ending December 31,
2001, versus $496,000 during the comparable period of 2000. These results do not include
revenues associated with the order from a major operator announced in November, in an
amount exceeding $1MM, all of which are expected to be recognized in the first quarter of
2002.
The consolidated net loss was $28,190,000 for the year-ending December 31, 2001, versus
$18,796,000 during the same period of 2000. The increase in net loss was due primarily to a
$4.925 million lawsuit settlement, a restructuring charge of more than $1 million related to the
closing of the Colorado and Toronto facilities and increased legal fees. In addition, also
contributing to the increased loss were charges related to establishment of a new commercial
development team, non-cash charges associated with goodwill amortization from the two
acquisitions that occurred during 2000, and other non-cash compensation charges.
ISCO has the broadest range of interference-control solutions in the industry. It provides the
only patented product in the world that suppresses in-band interference in a CDMA carrier
within 20 milliseconds. The company provides the widest range of configurations for HTS
out-of-band interference solutions that support cellular, PCS, 2.5G and 3G systems. Its products
include the smallest, failure-proof all-temperature HTS filter on the market today, the patented
ATP(TM) system. ISCO has also developed ultra-high- performance super-conducting
front-end products, including both transmitter and receiver products for emerging data-capable
WCDMA and CDMA 2000 systems. These next generation wireless systems are expected to
replace current wireless systems over the next several years.
Safe Harbor Statement
[...] wie gehabt
Ja, ja, das sagen sie alle
Thursday April 4, 6:30 am Eastern Time
Press Release
SOURCE: Conductus, Inc.
Conductus Responds to New ISCO Patent Infringement Claims
Opposes New Claims Based on Tower-Mount Patents
SUNNYVALE, Calif., April 4 /PRNewswire-FirstCall/ -- Conductus, Inc. (Nasdaq: CDTS - news), a leading manufacturer of
superconducting wireless systems, responded today to the announcement by ISCO International, Inc. (OTC Bulletin Board: ISCO
- news; ISCO) of its March 26, 2002 filing of a counter claim adding claims of infringement of additional patents to its complaint
filed July 17, 2001, in Federal District Court in Delaware. The newly asserted patents direct their claims to tower-mounted
applications of cryogenic receiver front-end systems.
In a strongly worded letter to the Court, both Conductus and Superconductor Technologies, Inc. (STI) (Nasdaq: SCON - news)
objected to ISCO`s belated attempt to insinuate two new patents into the case, and requested that the Court strike or dismiss the
additional patents. ``Conductus believes that ISCO`s allegations concerning these patents, added so long after filing the original
complaint, are an attempt to minimize the powerful defenses developed against its original patent, and to avoid scrutiny of the new
patents by limiting discovery concerning them,`` said Charles Shalvoy, President and CEO of Conductus. ``Conductus does not
believe that it infringes either patent, and furthermore believes that the patents themselves are invalid.``
In response to the initial complaint filed by ISCO, Conductus accused them of inequitable conduct and unfair competition and is
seeking both compensatory and punitive damages as well as attorneys` fees and costs.
Shalvoy added, ``We will continue to defend ourselves vigorously against ISCO`s legal assaults upon Conductus and STI. The two
companies are continuing to fully cooperate with each other in seeking to invalidate and hold unenforceable the ISCO patents
named in the complaint. We believe that the Court will either dismiss these new claims or allow additional time for us to develop our
defenses and pursue our remedies. While the outcome of any litigation can never be free of doubt, Conductus is confident that it will
prevail both against the original accusations, with respect to which Conductus has uncovered substantial prior art and evidence of
deceit on the part of the inventors, and against the newly-asserted claims.``
Conductus, Inc., founded in 1987 and based in Sunnyvale, California, develops, manufactures, and markets electronic components
and systems based on superconductors for applications in the worldwide telecommunications markets. For many applications, the
unique properties of superconductors offer significant performance advantages over products based on conventional copper
electronic components. These advantages can provide improved price/performance at the system level because of enhanced
sensitivity and efficiency as well as reduced size and weight. For additional information, please visit our website at
http://www.conductus.com.
The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of
Section 21E of the Securities and Exchange Act of 1934, including statements regarding Conductus` expectations, beliefs, hopes,
intentions, or strategies regarding the future. Forward-looking statements include statements regarding future sales, product introduction and acceptance, market
acceptance and financial stability. Conductus` actual results and the timing of certain events may differ significantly from the results discussed in the forward-looking
statements as a result of certain factors, including but not limited to the Company`s failure to timely develop new products which gain market acceptance, failure of the
Company`s suppliers and customers to renew agreements, delays in the timing of orders for the Company`s products and services, the possible effect of claims
related to the ownership by Conductus of its intellectual property or related to the design and sale of its products infringing the rights of others, significant changes in
the business environment in which the Company operates, and other risks detailed from time to time in the Company`s regulatory filings, including the annual report on
Form 10-K for the year ended December 31, 2001, as or to be filed with the Securities and Exchange Commission.
SOURCE: Conductus, Inc.
========================================================
Und denen ist auch nichts wirklich neues eingefallen:
Thursday April 4, 6:31 am Eastern Time
Press Release
SOURCE: Superconductor Technologies Inc.
Superconductor Technologies Inc. Responds to Latest ISCO International Patent Claim
Company Denies Infringement and Intends to Mount Vigorous Defense
SANTA BARBARA, Calif., April 4 /PRNewswire-FirstCall/ -- Superconductor Technologies Inc. (Nasdaq: SCON - news;
``STI``), the global leader in high-temperature superconducting (HTS) products for wireless voice and data applications, responded
to recent counterclaims by ISCO International, Inc. (OTC Bulletin Board: ISCO - news; ``ISCO``) filed March 26, 2002 in the
Federal District Court in Delaware.
(Photo: http://www.newscom.com/cgi-bin/prnh/20020216/SUPCONLOGO )
In its counterclaims, ISCO alleges that STI`s IMT-2000 SuperFilter Tower Top System for 3G deployment in international markets
infringes U.S. Patent No.`s 6,104,934 and 6,205,340. STI believes ISCO`s complaint is without merit and will vigorously defend
itself. The IMT-2000 product is designed and marketed for international customers and deployments, and STI believes ISCO`s
U.S. Patents do not apply to these applications. STI also believes these patents are invalid. STI is cooperating with Conductus
(Nasdaq: CDTS - news) in mounting its defense in this case.
M. Peter Thomas, president & CEO of STI, commented on this latest development: ``ISCO prefers to mount what we believe are
unfounded legal challenges rather than pursue a customer focused marketing and sales business strategy. We embrace competition
in the marketplace, and believe that strong competitors, by offering a choice of products and solutions, will lead to greatly increased
and more rapid adoption of HTS filter technology in the wireless industry.
``This latest legal maneuver on the part of ISCO does not alter our product and marketing strategy, nor does it impact our business
outlook. If ISCO`s attempt to introduce this new claim in the middle of an ongoing case is upheld, we will mount a vigorous
defense. We strongly believe that this new claim is without merit and that we will prevail. We also remain confident in our legal
position on the `215 patent, and we expect to prevail in that matter as well,`` Thomas concluded.
About STI
Superconductor Technologies Inc., headquartered in Santa Barbara, CA, is the global leader in developing, manufacturing, and
marketing superconducting products for wireless networks. STI`s Total Link Enhancement(SM) solutions are proven to increase
capacity utilization, lower dropped and blocked calls, extend coverage, and enable higher wireless transmission data rates.
SuperFilter®, the company`s flagship product, incorporates patented high-temperature superconductor (HTS) technology to create
a cryogenic receiver front-end (CRFE) used by wireless operators to enhance network performance while reducing capital and
operating costs. More than 1,000 SuperFilter Systems have been deployed worldwide logging in excess of 13 million hours of
cumulative operation.
SuperFilter and Total Link Enhancement are trademarks or registered trademarks of Superconductor Technologies Inc. in the United States and in other countries.
For more information about STI, please visit http://www.suptech.com .
Safe Harbor Statement
STI`s views on the outcome of the patent litigation with ISCO International are forward-looking statements made in reliance upon the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. These forward-looking statements are generally identified by phrases such as ``thinks,`` ``anticipates,`` ``believes,``
``estimates,`` ``expects,`` ``intends,`` ``plans,`` and similar words. Forward-looking statements are inherently subject to uncertainties and other factors, which could
cause actual results to differ materially from the forward-looking statements. These factors and uncertainties include the uncertainties inherent in any litigation. STI
refers interested persons to its most recent Annual Report on Form 10-K and its other SEC filings for a description of additional uncertainties and factors that may
affect forward-looking statements. Forward-looking statements are based on information presently available to senior management, and STI has not assumed any
duty to update its forward-looking statements.
For further information please contact Martin McDermut, Senior Vice President, Chief Financial Officer of Superconductor Technologies Inc., +1-805-690-4500,
mmcdermut@suptech.com; or Investor Relations, David Barnard, david@lhai-sf.com, or Moriah Shilton, moriah@lhai-sf.com, of Lippert / Heilshorn & Associates,
+1-415-433-3777, for Superconductor Technologies Inc.
Tell Us What You Think -- Click Here
SOURCE: Superconductor Technologies Inc.
Thursday April 4, 6:30 am Eastern Time
Press Release
SOURCE: Conductus, Inc.
Conductus Responds to New ISCO Patent Infringement Claims
Opposes New Claims Based on Tower-Mount Patents
SUNNYVALE, Calif., April 4 /PRNewswire-FirstCall/ -- Conductus, Inc. (Nasdaq: CDTS - news), a leading manufacturer of
superconducting wireless systems, responded today to the announcement by ISCO International, Inc. (OTC Bulletin Board: ISCO
- news; ISCO) of its March 26, 2002 filing of a counter claim adding claims of infringement of additional patents to its complaint
filed July 17, 2001, in Federal District Court in Delaware. The newly asserted patents direct their claims to tower-mounted
applications of cryogenic receiver front-end systems.
In a strongly worded letter to the Court, both Conductus and Superconductor Technologies, Inc. (STI) (Nasdaq: SCON - news)
objected to ISCO`s belated attempt to insinuate two new patents into the case, and requested that the Court strike or dismiss the
additional patents. ``Conductus believes that ISCO`s allegations concerning these patents, added so long after filing the original
complaint, are an attempt to minimize the powerful defenses developed against its original patent, and to avoid scrutiny of the new
patents by limiting discovery concerning them,`` said Charles Shalvoy, President and CEO of Conductus. ``Conductus does not
believe that it infringes either patent, and furthermore believes that the patents themselves are invalid.``
In response to the initial complaint filed by ISCO, Conductus accused them of inequitable conduct and unfair competition and is
seeking both compensatory and punitive damages as well as attorneys` fees and costs.
Shalvoy added, ``We will continue to defend ourselves vigorously against ISCO`s legal assaults upon Conductus and STI. The two
companies are continuing to fully cooperate with each other in seeking to invalidate and hold unenforceable the ISCO patents
named in the complaint. We believe that the Court will either dismiss these new claims or allow additional time for us to develop our
defenses and pursue our remedies. While the outcome of any litigation can never be free of doubt, Conductus is confident that it will
prevail both against the original accusations, with respect to which Conductus has uncovered substantial prior art and evidence of
deceit on the part of the inventors, and against the newly-asserted claims.``
Conductus, Inc., founded in 1987 and based in Sunnyvale, California, develops, manufactures, and markets electronic components
and systems based on superconductors for applications in the worldwide telecommunications markets. For many applications, the
unique properties of superconductors offer significant performance advantages over products based on conventional copper
electronic components. These advantages can provide improved price/performance at the system level because of enhanced
sensitivity and efficiency as well as reduced size and weight. For additional information, please visit our website at
http://www.conductus.com.
The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of
Section 21E of the Securities and Exchange Act of 1934, including statements regarding Conductus` expectations, beliefs, hopes,
intentions, or strategies regarding the future. Forward-looking statements include statements regarding future sales, product introduction and acceptance, market
acceptance and financial stability. Conductus` actual results and the timing of certain events may differ significantly from the results discussed in the forward-looking
statements as a result of certain factors, including but not limited to the Company`s failure to timely develop new products which gain market acceptance, failure of the
Company`s suppliers and customers to renew agreements, delays in the timing of orders for the Company`s products and services, the possible effect of claims
related to the ownership by Conductus of its intellectual property or related to the design and sale of its products infringing the rights of others, significant changes in
the business environment in which the Company operates, and other risks detailed from time to time in the Company`s regulatory filings, including the annual report on
Form 10-K for the year ended December 31, 2001, as or to be filed with the Securities and Exchange Commission.
SOURCE: Conductus, Inc.
========================================================
Und denen ist auch nichts wirklich neues eingefallen:
Thursday April 4, 6:31 am Eastern Time
Press Release
SOURCE: Superconductor Technologies Inc.
Superconductor Technologies Inc. Responds to Latest ISCO International Patent Claim
Company Denies Infringement and Intends to Mount Vigorous Defense
SANTA BARBARA, Calif., April 4 /PRNewswire-FirstCall/ -- Superconductor Technologies Inc. (Nasdaq: SCON - news;
``STI``), the global leader in high-temperature superconducting (HTS) products for wireless voice and data applications, responded
to recent counterclaims by ISCO International, Inc. (OTC Bulletin Board: ISCO - news; ``ISCO``) filed March 26, 2002 in the
Federal District Court in Delaware.
(Photo: http://www.newscom.com/cgi-bin/prnh/20020216/SUPCONLOGO )
In its counterclaims, ISCO alleges that STI`s IMT-2000 SuperFilter Tower Top System for 3G deployment in international markets
infringes U.S. Patent No.`s 6,104,934 and 6,205,340. STI believes ISCO`s complaint is without merit and will vigorously defend
itself. The IMT-2000 product is designed and marketed for international customers and deployments, and STI believes ISCO`s
U.S. Patents do not apply to these applications. STI also believes these patents are invalid. STI is cooperating with Conductus
(Nasdaq: CDTS - news) in mounting its defense in this case.
M. Peter Thomas, president & CEO of STI, commented on this latest development: ``ISCO prefers to mount what we believe are
unfounded legal challenges rather than pursue a customer focused marketing and sales business strategy. We embrace competition
in the marketplace, and believe that strong competitors, by offering a choice of products and solutions, will lead to greatly increased
and more rapid adoption of HTS filter technology in the wireless industry.
``This latest legal maneuver on the part of ISCO does not alter our product and marketing strategy, nor does it impact our business
outlook. If ISCO`s attempt to introduce this new claim in the middle of an ongoing case is upheld, we will mount a vigorous
defense. We strongly believe that this new claim is without merit and that we will prevail. We also remain confident in our legal
position on the `215 patent, and we expect to prevail in that matter as well,`` Thomas concluded.
About STI
Superconductor Technologies Inc., headquartered in Santa Barbara, CA, is the global leader in developing, manufacturing, and
marketing superconducting products for wireless networks. STI`s Total Link Enhancement(SM) solutions are proven to increase
capacity utilization, lower dropped and blocked calls, extend coverage, and enable higher wireless transmission data rates.
SuperFilter®, the company`s flagship product, incorporates patented high-temperature superconductor (HTS) technology to create
a cryogenic receiver front-end (CRFE) used by wireless operators to enhance network performance while reducing capital and
operating costs. More than 1,000 SuperFilter Systems have been deployed worldwide logging in excess of 13 million hours of
cumulative operation.
SuperFilter and Total Link Enhancement are trademarks or registered trademarks of Superconductor Technologies Inc. in the United States and in other countries.
For more information about STI, please visit http://www.suptech.com .
Safe Harbor Statement
STI`s views on the outcome of the patent litigation with ISCO International are forward-looking statements made in reliance upon the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. These forward-looking statements are generally identified by phrases such as ``thinks,`` ``anticipates,`` ``believes,``
``estimates,`` ``expects,`` ``intends,`` ``plans,`` and similar words. Forward-looking statements are inherently subject to uncertainties and other factors, which could
cause actual results to differ materially from the forward-looking statements. These factors and uncertainties include the uncertainties inherent in any litigation. STI
refers interested persons to its most recent Annual Report on Form 10-K and its other SEC filings for a description of additional uncertainties and factors that may
affect forward-looking statements. Forward-looking statements are based on information presently available to senior management, and STI has not assumed any
duty to update its forward-looking statements.
For further information please contact Martin McDermut, Senior Vice President, Chief Financial Officer of Superconductor Technologies Inc., +1-805-690-4500,
mmcdermut@suptech.com; or Investor Relations, David Barnard, david@lhai-sf.com, or Moriah Shilton, moriah@lhai-sf.com, of Lippert / Heilshorn & Associates,
+1-415-433-3777, for Superconductor Technologies Inc.
Tell Us What You Think -- Click Here
SOURCE: Superconductor Technologies Inc.
ISCO ist heute (bis jetzt) um ~17% gestiegen, und jetzt kommt eine ganz seltsame Ankündigung?! Ein Conference-Call sofort für morgen, der sich um "verschiedene Angelegeheiten, ein update über den Stand des Prozesses gegen SCON und CDTS und das Einreichen des jährlichen Proxy-statements drehen soll???
Morgen wird etwas passieren, aber was?
Thursday April 18, 3:00 pm Eastern Time
Press Release
SOURCE: ISCO International, Inc.
ISCO International Announces Conference Call on
Friday, April 19th to Discuss Various Business Matters
Including the Filing of Its Annual Proxy Statement
MT. PROSPECT, Ill., April 18 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC
Bulletin Board: ISCO - news), a global supplier of interference-control solutions for the wireless
telecommunications industry, invites you to participate in an investor conference call scheduled
for 2:00 pm Central Time (3:00 pm Eastern Time) on Friday, April 19th.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
The purpose of this call will be to discuss various events, including an update of the ongoing
patent infringement suit and the filing of the Company`s annual proxy. To participate
domestically, interested parties should dial 1-877-918-2313 and international parties should dial
1-630-395-0072. The participation code is ``ISCO``.
This call will be available for replay for 60 days. Replay numbers are 1-800-839-8277 and
1-402-530-7704 for domestic and international callers, respectively.
Dr. George Calhoun, Chief Executive Officer of ISCO, will be available following the
presentation for a question and answer session. Participants are asked to dial in 5 minutes prior
to the start of the conference. This call will be webcast live and archived for 30 days. ISCO
will provide a link on its website ( http://www.iscointl.com ) for both the live and archived
versions.
ISCO has the broadest range of interference-control solutions in the industry. Its ANF(TM)
(Adaptive Notch Filter(TM)) line is the only patented product in the world that suppresses
in-band interference in a CDMA carrier within 20 milliseconds. The company also provides the
widest range of configurations for HTS out-of-band interference solutions that support cellular,
PCS, 2.5G and 3G systems. Its products include the smallest, failure-proof all-temperature HTS
filter on the market today, the patented ATP(TM) system. ISCO has also developed
ultra-high-performance super- conducting front-end products, including both transmitter and
receiver products for emerging data-capable WCDMA and CDMA 2000 systems. These next
generation wireless systems are expected to replace current wireless systems over the next
several years.
Safe Harbor Statement
Because the Company wants to provide investors with meaningful and useful information, this
news release contains, and incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current
expectations regarding the future results of operations, performance and achievements of the Company. The Company has tried,
wherever possible, to identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,``
``expects,`` ``plans,`` ``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on
information currently available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies,
which could cause the Company`s actual results, performance or achievements to differ materially from those expressed in, or
implied by, such statements. These factors include, among others, the following: market acceptance of the Company`s technology;
the spending patterns of wireless network operators in connection with the build out of 2.5G and 3G wireless systems; the
Company`s ability to obtain additional financing in the future; the Company`s history of net losses and the lack of assurance that
the Company`s earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete
effectively against better capitalized competitors and to withstand downturns in its business or the economy generally; the adverse
effects on liquidity of the Company`s common stock because of its de-listing from the Nasdaq National Market in June 1999;
continued downward pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of
front-end systems for the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to
attract and retain key personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties
and assumptions is included in the Company`s filings with the Securities and Exchange Commission, including those described
under the heading ``Risk Factors`` in the Company`s Annual Report on Form 10-K. You should not place undue reliance on any
forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such
forward-looking statements that may be made to reflect events or circumstances after the date of this Report or to reflect the
occurrence of unanticipated events.
SOURCE: ISCO International, Inc.
Morgen wird etwas passieren, aber was?
Thursday April 18, 3:00 pm Eastern Time
Press Release
SOURCE: ISCO International, Inc.
ISCO International Announces Conference Call on
Friday, April 19th to Discuss Various Business Matters
Including the Filing of Its Annual Proxy Statement
MT. PROSPECT, Ill., April 18 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC
Bulletin Board: ISCO - news), a global supplier of interference-control solutions for the wireless
telecommunications industry, invites you to participate in an investor conference call scheduled
for 2:00 pm Central Time (3:00 pm Eastern Time) on Friday, April 19th.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
The purpose of this call will be to discuss various events, including an update of the ongoing
patent infringement suit and the filing of the Company`s annual proxy. To participate
domestically, interested parties should dial 1-877-918-2313 and international parties should dial
1-630-395-0072. The participation code is ``ISCO``.
This call will be available for replay for 60 days. Replay numbers are 1-800-839-8277 and
1-402-530-7704 for domestic and international callers, respectively.
Dr. George Calhoun, Chief Executive Officer of ISCO, will be available following the
presentation for a question and answer session. Participants are asked to dial in 5 minutes prior
to the start of the conference. This call will be webcast live and archived for 30 days. ISCO
will provide a link on its website ( http://www.iscointl.com ) for both the live and archived
versions.
ISCO has the broadest range of interference-control solutions in the industry. Its ANF(TM)
(Adaptive Notch Filter(TM)) line is the only patented product in the world that suppresses
in-band interference in a CDMA carrier within 20 milliseconds. The company also provides the
widest range of configurations for HTS out-of-band interference solutions that support cellular,
PCS, 2.5G and 3G systems. Its products include the smallest, failure-proof all-temperature HTS
filter on the market today, the patented ATP(TM) system. ISCO has also developed
ultra-high-performance super- conducting front-end products, including both transmitter and
receiver products for emerging data-capable WCDMA and CDMA 2000 systems. These next
generation wireless systems are expected to replace current wireless systems over the next
several years.
Safe Harbor Statement
Because the Company wants to provide investors with meaningful and useful information, this
news release contains, and incorporates by reference, certain ``forward-looking statements`` that reflect the Company`s current
expectations regarding the future results of operations, performance and achievements of the Company. The Company has tried,
wherever possible, to identify these forward-looking statements by using words such as ``anticipates,`` ``believes,`` ``estimates,``
``expects,`` ``plans,`` ``intends`` and similar expressions. These statements reflect the Company`s current beliefs and are based on
information currently available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies,
which could cause the Company`s actual results, performance or achievements to differ materially from those expressed in, or
implied by, such statements. These factors include, among others, the following: market acceptance of the Company`s technology;
the spending patterns of wireless network operators in connection with the build out of 2.5G and 3G wireless systems; the
Company`s ability to obtain additional financing in the future; the Company`s history of net losses and the lack of assurance that
the Company`s earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete
effectively against better capitalized competitors and to withstand downturns in its business or the economy generally; the adverse
effects on liquidity of the Company`s common stock because of its de-listing from the Nasdaq National Market in June 1999;
continued downward pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of
front-end systems for the wireless telecommunications market; the timing and receipt of customer orders; the Company`s ability to
attract and retain key personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties
and assumptions is included in the Company`s filings with the Securities and Exchange Commission, including those described
under the heading ``Risk Factors`` in the Company`s Annual Report on Form 10-K. You should not place undue reliance on any
forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such
forward-looking statements that may be made to reflect events or circumstances after the date of this Report or to reflect the
occurrence of unanticipated events.
SOURCE: ISCO International, Inc.
Soviel zum Prozess: die letzten Monat zusätzlich erhobenen Klagegründe sind für ein gesondertes Verfahren zugelassen (was die Sache insgesamt teurer macht). Über das ursprüngliche Verfahren wird spätestens im nächsten Jahr entschieden.
Thursday April 18, 3:56 pm Eastern Time
Press Release
SOURCE: ISCO International, Inc.
ISCO International Announces Developments in Patent
Infringement Suit Against Superconductor
Technologies Inc. and Conductus Inc.
MT. PROSPECT, Ill., April 18 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC
Bulletin Board: ISCO - news), a global supplier of interference-control solutions for the wireless
telecommunications industry, announced today certain developments in its patent infringement
suit against Superconductor Technologies, Inc. (``STI``) and Conductus Inc. (``Conductus``).
ISCO announced on April 2, 2002, that it was seeking to add to the existing patent suit new
claims involving alleged infringement by STI and Conductus of U.S. Patents 6,104,934 and
6,205,340. These patents, which were issued to ISCO on August 15, 2000 and March 20, 2001,
respectively, cover the use of a cryogenic receiver front end (``CRFE``) in a tower-mounted
configuration. On April 17, the Federal District Judge overseeing the suit determined that the
new claims could not be added without jeopardizing its January 13, 2003 trial date. Accordingly,
the Judge ruled that the new claims must be asserted in a separate action.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
``The Court has repeatedly affirmed its intention to maintain the existing litigation schedule. The
trial will commence on January 13, 2003, less than nine months from now,`` said Dr. George
Calhoun, Chairman and CEO of ISCO. ``In light of this, the Judge has expressed concern that
our additional claims on the tower-top infringement could delay the trial, which he is unwilling to
countenance. The Judge has allowed us the option of filing a separate action.
``The overt infringement of the tower-top patents that we allege, including STI`s display of its
tower mount product at the CTIA show in Florida, which occurred in March of this year, did
not come to our knowledge until after the trial schedule had been set. We had hoped in the
interests of efficiency to bring all these claims together in one suit, but we are pleased that the
schedule for the trial of our infringement claims of our U.S. Patent No. 6,263,215 directed to a
cryogenically cooled wireless base station front end will be maintained.``
ISCO is being represented in this suit by John F. Sweeney of Morgan & Finnegan, LLP, a New
York-based intellectual property law firm.
A copy of U.S. Patent No. 6,263,215 may be obtained by accessing the United States Patent
and Trademark Office website at http://www.USPTO.gov . Any questions regarding this litigation
should be directed to Dr. Calhoun.
ISCO has the broadest range of interference-control solutions in the industry. ... der Rest war wie im vorangegangenen post.
Thursday April 18, 3:56 pm Eastern Time
Press Release
SOURCE: ISCO International, Inc.
ISCO International Announces Developments in Patent
Infringement Suit Against Superconductor
Technologies Inc. and Conductus Inc.
MT. PROSPECT, Ill., April 18 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC
Bulletin Board: ISCO - news), a global supplier of interference-control solutions for the wireless
telecommunications industry, announced today certain developments in its patent infringement
suit against Superconductor Technologies, Inc. (``STI``) and Conductus Inc. (``Conductus``).
ISCO announced on April 2, 2002, that it was seeking to add to the existing patent suit new
claims involving alleged infringement by STI and Conductus of U.S. Patents 6,104,934 and
6,205,340. These patents, which were issued to ISCO on August 15, 2000 and March 20, 2001,
respectively, cover the use of a cryogenic receiver front end (``CRFE``) in a tower-mounted
configuration. On April 17, the Federal District Judge overseeing the suit determined that the
new claims could not be added without jeopardizing its January 13, 2003 trial date. Accordingly,
the Judge ruled that the new claims must be asserted in a separate action.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
``The Court has repeatedly affirmed its intention to maintain the existing litigation schedule. The
trial will commence on January 13, 2003, less than nine months from now,`` said Dr. George
Calhoun, Chairman and CEO of ISCO. ``In light of this, the Judge has expressed concern that
our additional claims on the tower-top infringement could delay the trial, which he is unwilling to
countenance. The Judge has allowed us the option of filing a separate action.
``The overt infringement of the tower-top patents that we allege, including STI`s display of its
tower mount product at the CTIA show in Florida, which occurred in March of this year, did
not come to our knowledge until after the trial schedule had been set. We had hoped in the
interests of efficiency to bring all these claims together in one suit, but we are pleased that the
schedule for the trial of our infringement claims of our U.S. Patent No. 6,263,215 directed to a
cryogenically cooled wireless base station front end will be maintained.``
ISCO is being represented in this suit by John F. Sweeney of Morgan & Finnegan, LLP, a New
York-based intellectual property law firm.
A copy of U.S. Patent No. 6,263,215 may be obtained by accessing the United States Patent
and Trademark Office website at http://www.USPTO.gov . Any questions regarding this litigation
should be directed to Dr. Calhoun.
ISCO has the broadest range of interference-control solutions in the industry. ... der Rest war wie im vorangegangenen post.
Da sind die news - fast, wie zu erwarten: ISCO kündigt eine Zusammenlegung der Aktien und einen Listingantrag für die AMEX an.
Friday April 19, 2:26 pm Eastern Time
Press Release
SOURCE: ISCO International, Inc.
ISCO International Announces Filing of Preliminary Proxy
MT. PROSPECT, Ill., April 19 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC
Bulletin Board: ISCO - news), a global supplier of interference-control solutions for the wireless
telecommunications industry, announced today that it has filed a Preliminary Proxy Statement
with the Securities and Exchange Commission. In that statement, it is indicated that the
Company plans to seek shareholder approval to take appropriate measures, including the
possibility of a reverse split of the Company`s common stock, in order to meet listing
requirements for the American Stock Exchange (``Amex``).
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
``The Company has been delisted since June 1999, and we believe that we are now in a position
to satisfy the requirements for relisting,`` said Dr. George Calhoun, Chairman and CEO of
ISCO. ``We have been in discussion with the American Stock Exchange for some time. The
Company believes that the only significant outstanding requirement is its ability to meet the
minimum share- price requirement of $3.00 for a new listing. We have an adequate market
capitalization, but because we have a large number of shares outstanding, we do not meet the
share price requirement.
``I believe that it is now time for us to relist the company. This will allow institutional investors
and analysts to consider ISCO for potential investment, which many of them are now precluded
from doing because we are not listed. These investors control a large majority of the funds in
the financial markets generally, and I believe that we will see a healthy interest from investors
who may find our business and our performance attractive. In short, I think this will help
strengthen the value of the company.
``I must also caution, however, that there is no guarantee that any application for listing would
be successful. Based on discussions with the Amex, we believe that an increase in the share
price to meet the threshold is the only substantive further step we need to take. However, the
American Stock Exchange would still review our application in its entirety and make its decision
based upon a comprehensive assessment of the company`s situation.``
On an unrelated matter, the Company also indicated that Chuck Willes is no longer with the
Company. Frank Cesario is assuming the role of Acting CFO, and the Company has undertaken
a search for a replacement.
Shareholders are urged to read the proxy materials when they become available because they
contain important information. You may obtain a copy of these materials free of charge at the Commission`s web site at
http://www.sec.gov.
ISCO has the broadest range of interference-control solutions in the industry. Its ANF(TM) (Adaptive Notch Filter(TM)) line is
the only patented product in the world that suppresses in-band interference in a CDMA carrier within 20 milliseconds. The
company also provides the widest range of configurations for HTS out-of-band interference solutions that support cellular, PCS,
2.5G and 3G systems. Its products include the smallest, failure-proof all-temperature HTS filter on the market today, the patented
ATP? system. ISCO has also developed ultra-high-performance super-conducting front-end products, including both transmitter
and receiver products for emerging data-capable WCDMA and CDMA 2000 systems. These next generation wireless systems
are expected to replace current wireless systems over the next several years.
Safe Harbor Statement
[...]
Friday April 19, 2:26 pm Eastern Time
Press Release
SOURCE: ISCO International, Inc.
ISCO International Announces Filing of Preliminary Proxy
MT. PROSPECT, Ill., April 19 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC
Bulletin Board: ISCO - news), a global supplier of interference-control solutions for the wireless
telecommunications industry, announced today that it has filed a Preliminary Proxy Statement
with the Securities and Exchange Commission. In that statement, it is indicated that the
Company plans to seek shareholder approval to take appropriate measures, including the
possibility of a reverse split of the Company`s common stock, in order to meet listing
requirements for the American Stock Exchange (``Amex``).
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
``The Company has been delisted since June 1999, and we believe that we are now in a position
to satisfy the requirements for relisting,`` said Dr. George Calhoun, Chairman and CEO of
ISCO. ``We have been in discussion with the American Stock Exchange for some time. The
Company believes that the only significant outstanding requirement is its ability to meet the
minimum share- price requirement of $3.00 for a new listing. We have an adequate market
capitalization, but because we have a large number of shares outstanding, we do not meet the
share price requirement.
``I believe that it is now time for us to relist the company. This will allow institutional investors
and analysts to consider ISCO for potential investment, which many of them are now precluded
from doing because we are not listed. These investors control a large majority of the funds in
the financial markets generally, and I believe that we will see a healthy interest from investors
who may find our business and our performance attractive. In short, I think this will help
strengthen the value of the company.
``I must also caution, however, that there is no guarantee that any application for listing would
be successful. Based on discussions with the Amex, we believe that an increase in the share
price to meet the threshold is the only substantive further step we need to take. However, the
American Stock Exchange would still review our application in its entirety and make its decision
based upon a comprehensive assessment of the company`s situation.``
On an unrelated matter, the Company also indicated that Chuck Willes is no longer with the
Company. Frank Cesario is assuming the role of Acting CFO, and the Company has undertaken
a search for a replacement.
Shareholders are urged to read the proxy materials when they become available because they
contain important information. You may obtain a copy of these materials free of charge at the Commission`s web site at
http://www.sec.gov.
ISCO has the broadest range of interference-control solutions in the industry. Its ANF(TM) (Adaptive Notch Filter(TM)) line is
the only patented product in the world that suppresses in-band interference in a CDMA carrier within 20 milliseconds. The
company also provides the widest range of configurations for HTS out-of-band interference solutions that support cellular, PCS,
2.5G and 3G systems. Its products include the smallest, failure-proof all-temperature HTS filter on the market today, the patented
ATP? system. ISCO has also developed ultra-high-performance super-conducting front-end products, including both transmitter
and receiver products for emerging data-capable WCDMA and CDMA 2000 systems. These next generation wireless systems
are expected to replace current wireless systems over the next several years.
Safe Harbor Statement
[...]
Nur ein kleiner Nachtrag zum letzten Post - das Umtauschverhältnis:
(2)
To authorize the board of directors to amend the Company’s Certificate of Incorporation
to effect a reverse stock split of all of the issued and outstanding shares of the
Company’s Common Stock for the purpose of increasing the market price of the
Company’s Common Stock and seeking approval of the Company’s application to list
the Company’s Common Stock on the American Stock Exchange. The reverse split, if
effected, would be in one of the following ratios:
(i)
every ten (10) issued and outstanding shares to be exchanged for one (1) share;
(ii)
every six (6) issued and outstanding shares to be exchanged for one (1) share.
The board of directors would retain sole discretion to not implement a reverse stock split
or to elect to implement either of the approved reverse stock split ratios at any time
before the first anniversary of the Annual Meeting without further approval or
authorization of the Company’s stockholders.
http://www.sec.gov/Archives/edgar/data/888693/00009501370200…
(2)
To authorize the board of directors to amend the Company’s Certificate of Incorporation
to effect a reverse stock split of all of the issued and outstanding shares of the
Company’s Common Stock for the purpose of increasing the market price of the
Company’s Common Stock and seeking approval of the Company’s application to list
the Company’s Common Stock on the American Stock Exchange. The reverse split, if
effected, would be in one of the following ratios:
(i)
every ten (10) issued and outstanding shares to be exchanged for one (1) share;
(ii)
every six (6) issued and outstanding shares to be exchanged for one (1) share.
The board of directors would retain sole discretion to not implement a reverse stock split
or to elect to implement either of the approved reverse stock split ratios at any time
before the first anniversary of the Annual Meeting without further approval or
authorization of the Company’s stockholders.
http://www.sec.gov/Archives/edgar/data/888693/00009501370200…
Mittwoch gibt`s mal wieder Quartalszahlen und mehr.
Ach ja, und das Safe Harbor Statement ist auch um ein paar Risikofaktoren länger geworden. More Risk - more fun?
Monday May 6, 12:26 pm Eastern Time
Press Release
SOURCE: ISCO International, Inc.
ISCO International Announces First Quarter 2002 Results and Conference Call
MT. PROSPECT, Ill., May 6 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC Bulletin Board: ISCO - news), a leading
supplier of interference-management solutions for the wireless and cellular industry, will host a conference call on Wednesday, May
8, 2002 at 2pm CDT (3pm EDT) to discuss first quarter 2002 results of operations. Other business development issues will also be
discussed. Earnings will be released prior to the conference call.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
To participate in the call domestically, dial 1-800-706-6781. International callers should dial 1-706-679-5910. The conference
name is "ISCO International." The call will be replayed for 60 days at 1-800-642-1687 (or 1-706-645-9291 for international
callers). The access code for the replay is 4115665.
Following the presentation, a short question and answer session will be held. Participants are asked to dial in 10 minutes prior to the
beginning of the call. The call will be webcast live and then archived for 30 days. ISCO will provide a link to the call on its web site
( http://www.iscointl.com ) for both the live and archived versions.
ISCO has the broadest range of interference-control solutions in the industry. It provides the only patented product in the world
that suppresses in-band interference in a CDMA carrier within 20 milliseconds. The company provides the widest range of
configurations for HTS out-of-band interference solutions that support cellular, PCS, 2.5G and 3G systems. Its products include
the smallest, failure-proof all-temperature HTS filter on the market today, the patented ATP(TM) system. ISCO has also
developed ultra-high-performance super-conducting front-end products, including both transmitter and receiver products for
emerging data-capable WCDMA and CDMA 2000 systems. These next generation wireless systems are expected to replace
current wireless systems over the next several years.
Safe Harbor Statement
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and
incorporates by reference, certain "forward-looking statements" that reflect the Company`s current expectations regarding the future
results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to identify these
forward-looking statements by using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends" and similar
expressions. These statements reflect the Company`s current beliefs and are based on information currently available to it.
Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the Company`s actual
results, performance or achievements to differ materially from those expressed in, or implied by, such statements. These factors
include, among others, the following: market acceptance of the Company`s technology; the spending patterns of wireless network operators in connection with the
build out of 2.5 G and 3G wireless systems; the Company`s ability to obtain additional financing in the future; the Company`s history of net losses and the lack of
assurance that the Company`s earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively against
better capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on liquidity of the Company`s common stock
because of its de-listing from the Nasdaq National Market in June 1999; lack of certainty as to the impact on our stock price due to a reverse stock split, if effected;
continued downward pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of front-end systems for the wireless
telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract and retain key personnel; and the effects of legal proceedings.
A more complete description of these risks, uncertainties and assumptions is included in the Company`s filings with the Securities and Exchange Commission,
including those described under the heading "Risk Factors" in the Company`s Annual Report on Form 10-K. You should not place undue reliance on any
forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such forward-looking statements that may
be made to reflect events or circumstances after the date of this Report or to reflect the occurrence of unanticipated events.
SOURCE: ISCO International, Inc.
Ach ja, und das Safe Harbor Statement ist auch um ein paar Risikofaktoren länger geworden. More Risk - more fun?
Monday May 6, 12:26 pm Eastern Time
Press Release
SOURCE: ISCO International, Inc.
ISCO International Announces First Quarter 2002 Results and Conference Call
MT. PROSPECT, Ill., May 6 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC Bulletin Board: ISCO - news), a leading
supplier of interference-management solutions for the wireless and cellular industry, will host a conference call on Wednesday, May
8, 2002 at 2pm CDT (3pm EDT) to discuss first quarter 2002 results of operations. Other business development issues will also be
discussed. Earnings will be released prior to the conference call.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
To participate in the call domestically, dial 1-800-706-6781. International callers should dial 1-706-679-5910. The conference
name is "ISCO International." The call will be replayed for 60 days at 1-800-642-1687 (or 1-706-645-9291 for international
callers). The access code for the replay is 4115665.
Following the presentation, a short question and answer session will be held. Participants are asked to dial in 10 minutes prior to the
beginning of the call. The call will be webcast live and then archived for 30 days. ISCO will provide a link to the call on its web site
( http://www.iscointl.com ) for both the live and archived versions.
ISCO has the broadest range of interference-control solutions in the industry. It provides the only patented product in the world
that suppresses in-band interference in a CDMA carrier within 20 milliseconds. The company provides the widest range of
configurations for HTS out-of-band interference solutions that support cellular, PCS, 2.5G and 3G systems. Its products include
the smallest, failure-proof all-temperature HTS filter on the market today, the patented ATP(TM) system. ISCO has also
developed ultra-high-performance super-conducting front-end products, including both transmitter and receiver products for
emerging data-capable WCDMA and CDMA 2000 systems. These next generation wireless systems are expected to replace
current wireless systems over the next several years.
Safe Harbor Statement
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and
incorporates by reference, certain "forward-looking statements" that reflect the Company`s current expectations regarding the future
results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to identify these
forward-looking statements by using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends" and similar
expressions. These statements reflect the Company`s current beliefs and are based on information currently available to it.
Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the Company`s actual
results, performance or achievements to differ materially from those expressed in, or implied by, such statements. These factors
include, among others, the following: market acceptance of the Company`s technology; the spending patterns of wireless network operators in connection with the
build out of 2.5 G and 3G wireless systems; the Company`s ability to obtain additional financing in the future; the Company`s history of net losses and the lack of
assurance that the Company`s earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company`s ability to compete effectively against
better capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on liquidity of the Company`s common stock
because of its de-listing from the Nasdaq National Market in June 1999; lack of certainty as to the impact on our stock price due to a reverse stock split, if effected;
continued downward pressure on the prices charged for the Company`s products due to the competition of rival manufacturers of front-end systems for the wireless
telecommunications market; the timing and receipt of customer orders; the Company`s ability to attract and retain key personnel; and the effects of legal proceedings.
A more complete description of these risks, uncertainties and assumptions is included in the Company`s filings with the Securities and Exchange Commission,
including those described under the heading "Risk Factors" in the Company`s Annual Report on Form 10-K. You should not place undue reliance on any
forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such forward-looking statements that may
be made to reflect events or circumstances after the date of this Report or to reflect the occurrence of unanticipated events.
SOURCE: ISCO International, Inc.
Wednesday May 8, 11:00 am Eastern Time
Press Release
SOURCE: ISCO International, Inc.
ISCO International Reports Record Financial Results During the First Quarter 2002
MT. PROSPECT, Ill., May 8 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC Bulletin Board: ISCO - news), a leading
global supplier of interference- control solutions for the wireless telecommunications industry, today reported record financial results
for the first quarter 2002.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
Financial Results:
ISCO reported consolidated net revenues of $1,563,000 for the year-ending March 31, 2002, versus $512,000 during the
comparable period of 2001. The consolidated net loss was $3,780,000 for the quarter-ending March 31, 2002, versus
$4,747,000 during the same period of 2001. The improvement in net loss was due primarily to the increase in gross revenue, an
increase in contribution margin from the mix of products sold, and cost reductions implemented during 2001 including the
consolidation of facilities. The largest increase in cost during the first quarter 2002, as compared to the first quarter 2001, was an
increase in legal expenses associated with the ongoing patent litigation.
"The first quarter was an important milestone for ISCO," said Dr. George Calhoun, CEO. "During this quarter, we generated the
largest quarterly revenue in the Company`s history. Of greater importance, our sales generated a positive gross margin, which is no
small accomplishment in the current economic environment. Our ability to achieve a positive gross margin is a testimony to our
unique product mix, our investment in proprietary technology, our continuous efforts to reduce our costs, and the fact that our
technology entails far lower fixed costs than our competition.
"While we are pleased with this progress, we are realistic that there is much still to be accomplished. The selling environment is
challenging, and sales and profitability remain difficult to predict. But we believe that our strategy is beginning to pay off. Our
President, Roger Boivin, has brought new focus and energy to our sales effort and driven the effort to reduce operating costs. Our
Chief Technology Officer, Dr. Amr Abdelmonem, has continued the impressive track record of innovation by his team. And
throughout, we have continued to expand our patent portfolio, both in the United States and abroad.
"The ANF(TM) product in particular is showing much promise. This is a unique product, serving a serious but newly recognized
problem -- in-band interference. This product has now been sold in significant quantity and in multiple locations throughout the U.S.
and Canada. Dr. Abdelmonem and his team have already made significant strides to evolve this product and have mapped out an
impressive development path for it.
"All of this occurs against a growing recognition of the challenges interference place on wireless networks throughout the world. Major carriers in the United States
are presently rolling out their 2.5G upgrades, and we expect that the demands on these new systems will increase the need to manage interference."
ISCO has the broadest range of interference-control solutions in the industry. It provides the only patented product in the world that suppresses in-band interference
in a CDMA carrier within 20 milliseconds. The company provides the widest range of configurations for HTS out-of-band interference solutions that support cellular,
PCS, 2.5G and 3G systems. Its products include the smallest, failure-proof all-temperature HTS filter on the market today, the patented ATP(TM) system. ISCO
has also developed ultra-high- performance super-conducting front-end products, including both transmitter and receiver products for emerging data-capable
WCDMA and CDMA 2000 systems. These next generation wireless systems are expected to replace current wireless systems over the next several years.
Safe Harbor Statement
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and incorporates by reference, certain
"forward-looking statements" that reflect the Company`s current expectations regarding the future results of operations, performance and achievements of the
Company. The Company has tried, wherever possible, to identify these forward-looking statements by using words such as "anticipates," "believes," "estimates,"
"expects," "plans," "intends" and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently available to it.
Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the Company`s actual results, performance or
achievements to differ materially from those expressed in, or implied by, such statements. These factors include, among others, the following: market acceptance of
the Company`s technology; the spending patterns of wireless network operators in connection with the build out of 2.5 G and 3G wireless systems; the Company`s
ability to obtain additional financing in the future; the Company`s history of net losses and the lack of assurance that the Company`s earnings will be sufficient to cover
fixed charges in the future; uncertainty about the Company`s ability to compete effectively against better capitalized competitors and to withstand downturns in its
business or the economy generally; the adverse effects on liquidity of the Company`s common stock because of its de-listing from the NASDAQ National Market in
June 1999; lack of certainty as to the impact on our stock price due to a reverse stock split, if effected; continued downward pressure on the prices charged for the
Company`s products due to the competition of rival manufacturers of front-end systems for the wireless telecommunications market; the timing and receipt of
customer orders; the Company`s ability to attract and retain key personnel; and the effects of legal proceedings. A more complete description of these risks,
uncertainties and assumptions is included in the Company`s filings with the Securities and Exchange Commission, including those described under the heading "Risk
Factors" in the Company`s Annual Report on Form 10-K. You should not place undue reliance on any forward-looking statements. The Company undertakes no
obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date of
this Report or to reflect the occurrence of unanticipated events.
Three Months Ending
March 31, March 31,
2002 2001
UNAUDITED
Net sales $1,563,000 $512,000
Costs and expenses:
Cost of sales 1,538,000 804,000
Research and development 778,000 1,717,000
Selling and marketing 698,000 823,000
General and administrative 2,182,000 1,409,000
Goodwill amortization -- 509,000
Total costs and expenses 5,196,000 5,262,000
Operating loss $(3,633,000) $(4,750,000)
Other income (expense):
Interest income 21,000 19,000
Interest expense (168,000) (24,000)
Other income, net -- 8,000
Total other income (expense) $(147,000) $3,000
Net loss $(3,780,000) $(4,747,000)
Basic and diluted loss per common
share before extraordinary item $(0.03) $(0.04)
Weighted average number of common
shares outstanding 129,202,000 107,742,000
Web site: http://www.iscointl.com
SOURCE: ISCO International, Inc.
Press Release
SOURCE: ISCO International, Inc.
ISCO International Reports Record Financial Results During the First Quarter 2002
MT. PROSPECT, Ill., May 8 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC Bulletin Board: ISCO - news), a leading
global supplier of interference- control solutions for the wireless telecommunications industry, today reported record financial results
for the first quarter 2002.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )
Financial Results:
ISCO reported consolidated net revenues of $1,563,000 for the year-ending March 31, 2002, versus $512,000 during the
comparable period of 2001. The consolidated net loss was $3,780,000 for the quarter-ending March 31, 2002, versus
$4,747,000 during the same period of 2001. The improvement in net loss was due primarily to the increase in gross revenue, an
increase in contribution margin from the mix of products sold, and cost reductions implemented during 2001 including the
consolidation of facilities. The largest increase in cost during the first quarter 2002, as compared to the first quarter 2001, was an
increase in legal expenses associated with the ongoing patent litigation.
"The first quarter was an important milestone for ISCO," said Dr. George Calhoun, CEO. "During this quarter, we generated the
largest quarterly revenue in the Company`s history. Of greater importance, our sales generated a positive gross margin, which is no
small accomplishment in the current economic environment. Our ability to achieve a positive gross margin is a testimony to our
unique product mix, our investment in proprietary technology, our continuous efforts to reduce our costs, and the fact that our
technology entails far lower fixed costs than our competition.
"While we are pleased with this progress, we are realistic that there is much still to be accomplished. The selling environment is
challenging, and sales and profitability remain difficult to predict. But we believe that our strategy is beginning to pay off. Our
President, Roger Boivin, has brought new focus and energy to our sales effort and driven the effort to reduce operating costs. Our
Chief Technology Officer, Dr. Amr Abdelmonem, has continued the impressive track record of innovation by his team. And
throughout, we have continued to expand our patent portfolio, both in the United States and abroad.
"The ANF(TM) product in particular is showing much promise. This is a unique product, serving a serious but newly recognized
problem -- in-band interference. This product has now been sold in significant quantity and in multiple locations throughout the U.S.
and Canada. Dr. Abdelmonem and his team have already made significant strides to evolve this product and have mapped out an
impressive development path for it.
"All of this occurs against a growing recognition of the challenges interference place on wireless networks throughout the world. Major carriers in the United States
are presently rolling out their 2.5G upgrades, and we expect that the demands on these new systems will increase the need to manage interference."
ISCO has the broadest range of interference-control solutions in the industry. It provides the only patented product in the world that suppresses in-band interference
in a CDMA carrier within 20 milliseconds. The company provides the widest range of configurations for HTS out-of-band interference solutions that support cellular,
PCS, 2.5G and 3G systems. Its products include the smallest, failure-proof all-temperature HTS filter on the market today, the patented ATP(TM) system. ISCO
has also developed ultra-high- performance super-conducting front-end products, including both transmitter and receiver products for emerging data-capable
WCDMA and CDMA 2000 systems. These next generation wireless systems are expected to replace current wireless systems over the next several years.
Safe Harbor Statement
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and incorporates by reference, certain
"forward-looking statements" that reflect the Company`s current expectations regarding the future results of operations, performance and achievements of the
Company. The Company has tried, wherever possible, to identify these forward-looking statements by using words such as "anticipates," "believes," "estimates,"
"expects," "plans," "intends" and similar expressions. These statements reflect the Company`s current beliefs and are based on information currently available to it.
Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the Company`s actual results, performance or
achievements to differ materially from those expressed in, or implied by, such statements. These factors include, among others, the following: market acceptance of
the Company`s technology; the spending patterns of wireless network operators in connection with the build out of 2.5 G and 3G wireless systems; the Company`s
ability to obtain additional financing in the future; the Company`s history of net losses and the lack of assurance that the Company`s earnings will be sufficient to cover
fixed charges in the future; uncertainty about the Company`s ability to compete effectively against better capitalized competitors and to withstand downturns in its
business or the economy generally; the adverse effects on liquidity of the Company`s common stock because of its de-listing from the NASDAQ National Market in
June 1999; lack of certainty as to the impact on our stock price due to a reverse stock split, if effected; continued downward pressure on the prices charged for the
Company`s products due to the competition of rival manufacturers of front-end systems for the wireless telecommunications market; the timing and receipt of
customer orders; the Company`s ability to attract and retain key personnel; and the effects of legal proceedings. A more complete description of these risks,
uncertainties and assumptions is included in the Company`s filings with the Securities and Exchange Commission, including those described under the heading "Risk
Factors" in the Company`s Annual Report on Form 10-K. You should not place undue reliance on any forward-looking statements. The Company undertakes no
obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date of
this Report or to reflect the occurrence of unanticipated events.
Three Months Ending
March 31, March 31,
2002 2001
UNAUDITED
Net sales $1,563,000 $512,000
Costs and expenses:
Cost of sales 1,538,000 804,000
Research and development 778,000 1,717,000
Selling and marketing 698,000 823,000
General and administrative 2,182,000 1,409,000
Goodwill amortization -- 509,000
Total costs and expenses 5,196,000 5,262,000
Operating loss $(3,633,000) $(4,750,000)
Other income (expense):
Interest income 21,000 19,000
Interest expense (168,000) (24,000)
Other income, net -- 8,000
Total other income (expense) $(147,000) $3,000
Net loss $(3,780,000) $(4,747,000)
Basic and diluted loss per common
share before extraordinary item $(0.03) $(0.04)
Weighted average number of common
shares outstanding 129,202,000 107,742,000
Web site: http://www.iscointl.com
SOURCE: ISCO International, Inc.
Jajajaja -- mehr davon!!
Tuesday June 4, 8:55 am Eastern Time
Press Release
SOURCE: ISCO International, Inc.
ISCO International to Be Listed on American Stock Exchange; Reverse Split To Be Cancelled
MT. PROSPECT, Ill., June 4 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC Bulletin Board: ISCO - News), a global supplier of interference-control
solutions for the wireless telecommunications industry, announced today that the American Stock Exchange ("AMEX") has approved the Company`s application for
listing its shares. Trading is expected to begin on June 10, 2002 under the symbol "ISO". In light of this development, ISCO intends to cancel the previously
announced plans regarding a reverse stock split upon the commencement of trading on AMEX.
"This is an important development for ISCO," said Dr. George Calhoun, ISCO`s CEO. "Most institutional investors and brokerage firm analysts are not allowed to
invest in or issue research reports regarding unlisted companies. We look forward to engaging Wall Street now that our stock is approved for listing.
"The listing of our stock occurs at an interesting time in ISCO`s development. We just announced our best quarter ever, and our first quarter with positive gross
margins. This occurs against a backdrop of increased awareness in the wireless community of the serious and growing challenges that interference poses to their
networks. ISCO is ideally positioned to address this need, with a diverse product line, a strong intellectual-property position, and advantageous production costs.
For example:
-- ISCO`s products address both in-band and out-of-band interference.
In-band interference is pervasive but newly recognized, so it
represents a virgin market. Our patented ANF(TM) product is unique in
its ability to manage this problem and has already been sold to the
largest carrier in the United States and the largest in Canada.
-- ISCO has developed an extensive intellectual--property portfolio, which
includes the U.S. patent covering what we believe to be the only
commercially viable configuration of cryogenic front-ends (high
temperature superconducting filters). This patent is the subject of
ISCO`s pending patent infringement suit against its two competitors,
which is scheduled for trial in January 2003.
-- ISCO enjoys a significant production-cost advantage and has been able
to outsource most of its production."
This approval by AMEX is contingent upon ISCO being in compliance with all applicable rules of the exchange on the date it begins trading on AMEX, and may be
rescinded if the Company is not in compliance with those rules. ISCO is currently in compliance with the requirements of AMEX and expects to continue to meet
them in the foreseeable future.
ISCO has filed a proxy statement with the Securities and Exchange Commission relating to ISCO`s solicitation of proxies from stockholders with respect to the 2002
annual meeting of stockholders. ISCO expects to withdraw the proposal to authorize a reverse split from consideration at the upcoming annual meeting of
stockholders, provided that trading on AMEX begins by the meeting date, June 11, 2002. If AMEX trading is delayed past that date but is still expected to occur,
ISCO will proceed with its shareholder vote on the proposal. If shareholder approval is obtained and AMEX trading commences, ISCO intends to abandon the
reverse split. Stockholders are urged to read the proxy materials because they contain important information. You may obtain a copy of these materials free of charge
at the Commission`s web site at www.sec.gov. Stockholders who have questions about the annual meeting or would like additional free copies of the proxy materials
or the proxy card should contact the Company`s Corporate Secretary, Frank Cesario by telephone: (847) 391-9492 or by facsimile: (847) 299-9609.
ISCO has the broadest range of interference-control solutions in the industry. Its ANF(TM) (Adaptive Notch Filter(TM)) line is the only patented product in the
world that suppresses in-band interference in a CDMA carrier within 20 milliseconds. The company also provides the widest range of configurations for HTS
out-of-band interference solutions that support cellular, PCS, 2.5G and 3G systems. Its products include the smallest, failure-proof all-temperature HTS filter on the
market today, the patented ATP(TM) system. ISCO has also developed ultra-high-performance super- conducting front-end products, including both transmitter
and receiver products for emerging data-capable WCDMA and CDMA 2000 systems. These next generation wireless systems are expected to replace current
wireless systems over the next several years.
Safe Harbor Statement
[...]
Tuesday June 4, 8:55 am Eastern Time
Press Release
SOURCE: ISCO International, Inc.
ISCO International to Be Listed on American Stock Exchange; Reverse Split To Be Cancelled
MT. PROSPECT, Ill., June 4 /PRNewswire-FirstCall/ -- ISCO International, Inc. (OTC Bulletin Board: ISCO - News), a global supplier of interference-control
solutions for the wireless telecommunications industry, announced today that the American Stock Exchange ("AMEX") has approved the Company`s application for
listing its shares. Trading is expected to begin on June 10, 2002 under the symbol "ISO". In light of this development, ISCO intends to cancel the previously
announced plans regarding a reverse stock split upon the commencement of trading on AMEX.
"This is an important development for ISCO," said Dr. George Calhoun, ISCO`s CEO. "Most institutional investors and brokerage firm analysts are not allowed to
invest in or issue research reports regarding unlisted companies. We look forward to engaging Wall Street now that our stock is approved for listing.
"The listing of our stock occurs at an interesting time in ISCO`s development. We just announced our best quarter ever, and our first quarter with positive gross
margins. This occurs against a backdrop of increased awareness in the wireless community of the serious and growing challenges that interference poses to their
networks. ISCO is ideally positioned to address this need, with a diverse product line, a strong intellectual-property position, and advantageous production costs.
For example:
-- ISCO`s products address both in-band and out-of-band interference.
In-band interference is pervasive but newly recognized, so it
represents a virgin market. Our patented ANF(TM) product is unique in
its ability to manage this problem and has already been sold to the
largest carrier in the United States and the largest in Canada.
-- ISCO has developed an extensive intellectual--property portfolio, which
includes the U.S. patent covering what we believe to be the only
commercially viable configuration of cryogenic front-ends (high
temperature superconducting filters). This patent is the subject of
ISCO`s pending patent infringement suit against its two competitors,
which is scheduled for trial in January 2003.
-- ISCO enjoys a significant production-cost advantage and has been able
to outsource most of its production."
This approval by AMEX is contingent upon ISCO being in compliance with all applicable rules of the exchange on the date it begins trading on AMEX, and may be
rescinded if the Company is not in compliance with those rules. ISCO is currently in compliance with the requirements of AMEX and expects to continue to meet
them in the foreseeable future.
ISCO has filed a proxy statement with the Securities and Exchange Commission relating to ISCO`s solicitation of proxies from stockholders with respect to the 2002
annual meeting of stockholders. ISCO expects to withdraw the proposal to authorize a reverse split from consideration at the upcoming annual meeting of
stockholders, provided that trading on AMEX begins by the meeting date, June 11, 2002. If AMEX trading is delayed past that date but is still expected to occur,
ISCO will proceed with its shareholder vote on the proposal. If shareholder approval is obtained and AMEX trading commences, ISCO intends to abandon the
reverse split. Stockholders are urged to read the proxy materials because they contain important information. You may obtain a copy of these materials free of charge
at the Commission`s web site at www.sec.gov. Stockholders who have questions about the annual meeting or would like additional free copies of the proxy materials
or the proxy card should contact the Company`s Corporate Secretary, Frank Cesario by telephone: (847) 391-9492 or by facsimile: (847) 299-9609.
ISCO has the broadest range of interference-control solutions in the industry. Its ANF(TM) (Adaptive Notch Filter(TM)) line is the only patented product in the
world that suppresses in-band interference in a CDMA carrier within 20 milliseconds. The company also provides the widest range of configurations for HTS
out-of-band interference solutions that support cellular, PCS, 2.5G and 3G systems. Its products include the smallest, failure-proof all-temperature HTS filter on the
market today, the patented ATP(TM) system. ISCO has also developed ultra-high-performance super- conducting front-end products, including both transmitter
and receiver products for emerging data-capable WCDMA and CDMA 2000 systems. These next generation wireless systems are expected to replace current
wireless systems over the next several years.
Safe Harbor Statement
[...]
Tjaja, alles hat ein Ende -- auch dieser Thread, denn seit heute ist es amtlich: ISCO wird ab sofort an der American Stock Exchange unter dem Symbol ISO gehandelt. Für diejenigen, die sich dafür interessieren, wie es nun mit ISCO weitergeht habe ich auf dem entsprechenden Board einen neuen Thread: ISCO International (AMEX:ISO) eingerichtet.
Friday June 7, 9:53 am Eastern Time
Press Release
SOURCE: The American Stock Exchange
The American Stock Exchange Lists Common Stock of ISCO International, Inc.
NEW YORK, June 7 /PRNewswire/ -- The American Stock Exchange® (Amex®) announced today that ISCO International, Inc. will list its common stock on the
Exchange under the ticker symbol ISO.
ISCO International, Inc. provides a wide array of interference-management solutions for the wireless telecommunications industry. The Company`s products enhance
the quality and capacity of cellular telephone, personal communications services, and other wireless telecommunications services.
Salvatore F. Sodano, Amex chairman and chief executive officer, said, "In listing at the American Stock Exchange, we will be able to offer ISCO International the
service and quality that a growing company needs to succeed."
"We are delighted to accept the invitation to join the American Stock Exchange," said George Calhoun, Ph.D., ISCO International, Inc. Chairman & CEO. "We
believe our shareholders will benefit from better service, increased liquidity, and heightened exposure to potential investors in our company at an exciting time in
ISCO`s history."
The specialist in ISO will be AGS Specialist Partners. For further information, please visit http://www.amex.com.
The American Stock Exchange® (Amex®), a subsidiary of the National Association of Securities Dealers, Inc. (NASD®), is the only primary exchange that offers
trading across a full range of equities, exchange traded funds (ETFs), including structured products and HOLDRS(SM) and options. In addition to its role as a
national equities market, the Amex is the leader in ETF listings, listing 117 ETFs to date, and is the second-largest options exchange in the U.S., trading options on
broad-based and sector indexes as well as domestic and foreign stocks. For more information, visit http://www.amex.com.
SOURCE: The American Stock Exchange
Friday June 7, 9:53 am Eastern Time
Press Release
SOURCE: The American Stock Exchange
The American Stock Exchange Lists Common Stock of ISCO International, Inc.
NEW YORK, June 7 /PRNewswire/ -- The American Stock Exchange® (Amex®) announced today that ISCO International, Inc. will list its common stock on the
Exchange under the ticker symbol ISO.
ISCO International, Inc. provides a wide array of interference-management solutions for the wireless telecommunications industry. The Company`s products enhance
the quality and capacity of cellular telephone, personal communications services, and other wireless telecommunications services.
Salvatore F. Sodano, Amex chairman and chief executive officer, said, "In listing at the American Stock Exchange, we will be able to offer ISCO International the
service and quality that a growing company needs to succeed."
"We are delighted to accept the invitation to join the American Stock Exchange," said George Calhoun, Ph.D., ISCO International, Inc. Chairman & CEO. "We
believe our shareholders will benefit from better service, increased liquidity, and heightened exposure to potential investors in our company at an exciting time in
ISCO`s history."
The specialist in ISO will be AGS Specialist Partners. For further information, please visit http://www.amex.com.
The American Stock Exchange® (Amex®), a subsidiary of the National Association of Securities Dealers, Inc. (NASD®), is the only primary exchange that offers
trading across a full range of equities, exchange traded funds (ETFs), including structured products and HOLDRS(SM) and options. In addition to its role as a
national equities market, the Amex is the leader in ETF listings, listing 117 ETFs to date, and is the second-largest options exchange in the U.S., trading options on
broad-based and sector indexes as well as domestic and foreign stocks. For more information, visit http://www.amex.com.
SOURCE: The American Stock Exchange
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