DALSA Receives Supply Contract Totaling CDN $3.8 Million From Medical Solutions OEM.WATERLOO, Ontario -- DALSA Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :DSA (1) (Directory Server Agent) An X.500 program that looks up the address of a recipient in a Directory Information Base (DIB), also known as white pages. It accepts requests from the Directory User Agent (DUA) counterpart in the workstation. ), announced today it has received a renewal contract to supply high performance image sensor chips to a leading Original Equipment Manufacturer (OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and ) in the medical market. Total sales arising from the contract are expected to be $3.8 million, with one third of the production planned for delivery in 2005, one half planned for delivery in 2006 and the remainder in 2007. "We are pleased to report this major contract, in this key target market for DALSA," commented Savvas Chamberlain, 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 DALSA Corporation. "By offering advanced products and customized solutions suitable for the medical and life sciences marketplace, we support our customers as they provide state-of-the-art medical diagnostic equipment." The high resolution DALSA CCD CCD in full charge-coupled device Semiconductor device in which the individual semiconductor components are connected so that the electrical charge at the output of one device provides the input to the next device. image sensor is used in one of the most demanding medical diagnostic x-ray applications as a direct replacement for x-ray film. The DALSA image sensors allow the OEM customer to produce x-ray systems that offer reduced patient discomfort and reduced x-ray levels for the patient. The image sensors are developed manufactured by DALSA's Digital Imaging division at the company's Eindhoven location, in The Netherlands. The semiconductor wafers are manufactured by DALSA's Semiconductor division at the company's Bromont location, in Canada. The x-ray image sensors to be delivered under this contract leverage the DALSA technology as currently used in the replacement of photographic film for professional digital still cameras. About DALSA Corporation DALSA is an international high performance semiconductor and electronics company that designs, develops, manufactures, and markets digital imaging products and solutions, in addition to providing semiconductor products and services. DALSA's core competencies are in specialized integrated circuit and electronics technology, software, and highly engineered semiconductor wafer processing. Products and services include image sensor components; electronic digital cameras; vision processors; image processing software; and semiconductor wafer foundry services for use in MEMS (MicroElectroMechanical Systems) Tiny mechanical devices that are built onto semiconductor chips and are measured in micrometers. In the research labs since the 1980s, MEMS devices began to materialize as commercial products in the mid-1990s. , high-voltage semiconductors, image sensors and mixed-signal CMOS (Complementary Metal Oxide Semiconductor) Pronounced "c-moss." The most widely used integrated circuit design. It is found in almost every electronic product from handheld devices to mainframes. chips. DALSA is listed on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol "DSA". The Company has its corporate offices in Waterloo, ON and over 1000 employees world-wide. This press release contains forward looking statements based on assumptions, uncertainties and management's best estimates of future events. Actual results may differ materially from those currently anticipated. Investors are cautioned that such forward-looking statements involve risks and uncertainties. Important factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements are detailed from time to time in DALSA's periodic reports filed with the Ontario Securities Commission The Ontario Securities Commission (OSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Ontario. The OSC is an Ontario Crown corporation which reports to the Ontario legislature through the Minister of Finance. and other regulatory authorities. DALSA has no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. DALSA Corporation (TSX:DSA) |
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