A.D. TECH announces $2 million contract for 1997.TAUNTON, Mass.--(BUSINESS WIRE)--Nov. 20, 1996--A.D. TECH Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ADTC ADTC Armament Development Test Center ADTC Advanced Data Tools Corporation ADTC Apparel Training and Design Centre (India) ADTC Advance Data Transfer Cartridge ADTC Advanced Data Transfer Cartridge ) announced today a $2,000,000 sales agreement for 1997 with one of its electronics customers. "Our backlog Backlog The total value of sales orders waiting to be fulfilled. Notes: This figure is used mainly in the manufacturing industry. Increases or decreases in a company's backlog indicate the future direction of sales and earnings. for 1997 continues to increase to record levels," said Glenn J. Walters, president and chief executive officer of A.D. TECH. "This order combined with our other contractual business for 1997 will result in a beginning backlog in excess of $6 million. This combined with our technology licensing and joint venture activities in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Europe and Japan is all very exciting. Furthermore, new patent and technology announcements will also be forthcoming over the next 30-90 days," Walters added. Advanced Deposition Deposition Christ is taken from the cross and enshrouded. [N.T.: Matthew 27:57–60; Christian Art: Appleton, 55] See : Passion of Christ Technologies Inc. is a technology development corporation committed to developing and commercializing new technology and products related to thin films, coatings, dielectrics and vapor depositions Vapor deposition Production of a film of material often on a heated surface and in a vacuum. Vapor deposition technology is used in a large variety of applications. . Currently the company has product divisions in markets for electronics, microwave food packaging, security holograms, retroflective materials, and a development group. The company either owns or has licenses for more than 35 patents and has approximately 12 patents pending. A.D. TECH pursues technology leadership positions in its existing markets and develops new products for emerging growth industries. On a selective basis, the company licenses its proprietary technologies and patents to market leaders who can accelerate the growth of A.D. TECH's unique products and technologies into large-scale commercialization and markets. CONTACT: A.D. TECH Inc. Glenn Walters, 508/823-0707 or Ronald Trahan Associates Inc. Ronald Trahan, 508/651-1180 |
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