Corporate Profile for Superconductor Technologies Inc., dated Feb. 14, 1997.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services. These include Dow Jones News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine, CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy, Comtex, and many others. -0-
Published Date: Feb. 14, 1997
Company Name: Superconductor Technologies Inc.
Address: 460 Ward Drive Suite F
Santa Barbara, Calif. 93111
Main Telephone
Number: 805/683-7646
Chief Executive
Officer: Daniel C. Hu
Chief Financial
Officer: James G. Evans Jr.
Investor Relations/
Public Relations
Contact: Seana Wagner
Business number: 805/683-7646
Trading Symbol: NASDAQ:SCON
Industry: Wireless Communications/High Temperature
Superconductors
Market Makers: Vankasper & Co., Dean Witter, Tucker Anthony,
Prudential Securities
Company description: Superconductor A material that has little resistance to the flow of electricity. Traditional superconductors operate at absolute zero (-459.67 degrees Fahrenheit or -273.15 degrees Celsius). Experiments in the 1980s raised the temperature to -321 degrees Fahrenheit. Technologies 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 :SCON SCON Server CONsolidation SCON Serial Port Control Register (Intel 8051 Microcontroller) SCON Scheme Contracted-Out Number (UK) SCON Student Consultant (University of New Mexico) ) (STI STI systolic time intervals. ) develops and manufactures electronic subsystems that incorporate high temperature superconductor (HTS HTS Heights HTS Harmonized Tariff System HTS High Throughput Screening (biomolecular assay screening) HTS High-Throughput Screening (Pharmaceutical Industry) HTS Harmonized Tariff Schedule ) materials and related cryogenics cryogenics: see low-temperature physics. cryogenics Study and use of low-temperature phenomena. The cryogenic temperature range is from −238°F (−150°C) to absolute zero. At low temperatures, matter has unusual properties. for the wireless communications market. STI's SuperFilter subsystem offers significant advantages such as improved call quality, increased coverage area and reduced component size to cellular and PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. base stations. The SuperFilter is the first practical HTS solution for the wireless industry. Its advanced cryogenic cooler is the size of a quart milk bottle, uses the power of a light bulb and is maintenance-free. SuperFilter products benefit both cellular and Personal Communications Services See PCS. (PCS) operators, apply to all major air standards and can be mounted in the base station or on the antenna tower. STI's products provide the solution to the wireless industry's most pervasive needs. Interference is reduced, improving call quality and customer satisfaction. Base station size is reduced, allowing capacity and capability to increase within existing cell sites. Cell coverage is expanded, reducing the number of expensive sites required. In July 1996, STI's SuperFilter for cellular applications successfully completed stringent product accelerated life testing conducted by the Motorola Cellular Infrastructure Group. Motorola is one of STI's five wireless customers, including other major base station manufacturers and wireless service providers. STI has additional strategic product applications in the high-speed computing and government communications markets. Total net revenues for the nine months ended Sept. 28, 1996: $5,181,000 Total net losses for the nine months ended Sept. 28, 1996: ($3,129,000) 52 week stock price: High - 9.5. Low - 3.37 CONTACT: Superconductor Technologies Inc. |
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