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Compositech Ltd. Adds the J.B. Sutton Group as Investment Bankers.


HAUPPAUGE, NY--(BUSINESS WIRE)--June 14, 1999--

Compositech Ltd. (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
: CTEK), which manufactures patented high-tech laminates for the printed circuit board industry, today announced that it has entered into an investment banking arrangement with The J.B. Sutton Group, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, an investment banking and retail brokerage firm in Great Neck, NY.

"We are pleased that The J.B. Sutton Group has agreed to join our current bankers, Trautman, Wasserman & Company, in helping us meet our financing needs and broaden our exposure to the investing public," said Christopher F. Johnson, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Compositech.

"We are looking forward to working with Compositech Ltd., an innovative company that we feel has the potential to be a leader in the advanced laminates market," said Bud Clarke, executive vice president, Corporate Finance, of The J.B. Sutton Group, LLC.

Greg Trautman, president and CEO of Trautman Wasserman & Company, stated, "We are happy to have introduced The J.B. Sutton Group to Compositech Ltd. and established a joint investment banking relationship. We believe 1999 will be a year of substantial growth for Compositech Ltd., and we look forward to assisting them with their growth."

Johnson added, "The addition of the J.B. Sutton Investment Banking Group will be very helpful in securing additional financing to meet our business plan objectives. We expect rapid sales growth in the second half of 1999 based on approvals of our CL200+ laminates by Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982.  (NASDAQ: SUNW SUNW Sun Microsystems, Inc (former stock symbol; now JAVA)
SUNW Stanford University Network Workstation (Sun Microsystems, Inc) 
) and other OEMs, continued growth of UL approvals at printed circuit fabricators such as Praegitzer Industries (NASDAQ: PGTZ PGTZ Praegitzer Industries, Inc. (stock symbol) ), and from contractual customer commitments as we expand our manufacturing capacity in Hauppauge, NY. We expect to make additional announcements on these matters."

Compositech Ltd. develops, produces and markets innovative and superior copper-clad and fiberglass epoxy epoxy

Any of a class of thermosetting polymers, polyethers built up from monomers with an ether group that takes the form of a three-membered epoxide ring. The familiar two-part epoxy adhesives consist of a resin with epoxide rings at the ends of its molecules and a curing
 laminates used to manufacture printed circuit boards which are essential components of personal computers, workstations, data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. , Internet servers and telecommunications equipment.

The statements made in this press release contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations. In addition to the matters described in this press release, risk factors listed from time to time in the Company's SEC reports and filings, including, but not limited to, its report on Form 10-QSB for the quarter ended March 31, 1999 and its report on Form 10-KSB for the year ended December 31, 1998, may affect the results achieved by the Company.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jun 14, 1999
Words:427
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