2004 Year-End Message to Cetek Technologies Inc. Shareholders.POUGHKEEPSIE Poughkeepsie (pəkĭp`sē), city (1990 pop. 28,844), seat of Dutchess co., SE N.Y., on the Hudson River; settled 1687 by the Dutch, inc. as a city 1854. , N.Y. -- It is the time of year that we reflect back upon the past year's accomplishments, as well as to look forward, toward the year ahead. During 2004, Cetek (Pink Sheets:CTKH) made significant gains in its standing within the high-grade High-grade Credit quality of AAA or AA. high-grade Of, relating to, or being a bond with little risk of default on the part of the issuer. High-grade is usually reserved for bonds rated AAA or AA by the rating services. specialty A contract under seal. A specialty is a written document that has been sealed and delivered and is given as security for the payment of a specifically indicated debt. ceramic This article is about ceramic materials. For the fine art, see Ceramic art. The word ceramic is derived from the Greek word κεραμικός (keramikos). industry. We have continued to draw the attention of large, high-volume users of ceramic substrate The base layer of a structure such as a chip, multichip module (MCM), printed circuit board or disk platter. Silicon is the most widely used substrate for chips. Fiberglass (FR4) is mostly used for printed circuit boards, and ceramic is used for MCMs. product, and believe that the demand will only increase as more and more commercial users of the material discover Cetek. Numerous independent or third-party sources have reported back to us that "nobody makes the material like Cetek." Our expertise in providing customers an extremely thin, flat and large panel of polished ceramic product is becoming known to many segments of the electronics industry. This fact gives us confidence, going forward. We continue to expand our facilities, and add capacity. As well, we continue to evaluate acquisition candidates that could make for a "good fit" with Cetek's business model. Thus, growth in 2005 and beyond is a definite. Growth both internally, via increased order flow and production, and externally, via potential acquisition(s), is on the Cetek agenda for the year ahead. Fayiz Hilal Hi´lal a. 1. Of or pertaining to a hilum. , president of Cetek Technologies, stated: "We at Cetek have positioned ourselves to accelerate our national roll-out at a pace faster than forecast, due to a genuine and sincere increase in interest from recent new customers and affiliations. Our original business plan's objective was to become a fully reporting public company as revenue growth dictated dic·tate v. dic·tat·ed, dic·tat·ing, dic·tates v.tr. 1. To say or read aloud to be recorded or written by another: dictate a letter. 2. a. . It would be likely that we will see this objective met by the end of 2005. And, based on this and other anticipated developments in the new year, it would be reasonable to begin seeing Cetek's stock prices realize its rightful pricing, based on our fundamentals and based on simple audited performance." We wish all shareholders a very prosperous 2005 in both their personal and their business lives, wherever they may reside. Thank you for your continued expression of support as we build a company of which you will be very proud to be a part. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion