Daw Technologies Inc. Announces Alliance With Praxair Inc.

SALT LAKE CITY--(BUSINESS WIRE)--May 27, 1999--

Daw Technologies Inc. (NASDAQ:DAWK), Thursday announced that it signed an alliance agreement with Praxair Inc. to provide single source solutions for turnkey wafer fab facilities systems and related ongoing services using Praxair's Point OneSM Fab Integration Services.

Other alliance members are Dynamic Systems Inc. and ISinc Inc.

The Point OneSM alliance, introduced by Praxair in May of 1998, provides the semiconductor industry with a single contact point for the integration of wafer fab facilities systems design, engineering, construction, installation, startup and ongoing site services.

Historically, chipmakers were required to coordinate multiple facilities system suppliers, each of whom operates independently, to plan, build, supply and manage the development of their wafer manufacturing facilities, resulting in increased costs and construction time.

The semiconductor manufacturers can now streamline their fab building process and expedite start up by placing their entire facility process systems with the Pont OneSM Fab Integration alliance.

"We are pleased to be partnering with Praxair, a world class international firm with tremendous resources," said Ronald W. Daw, chairman and chief executive officer. "The combined expertise of the alliance will offer our customers significant synergies in the construction of their facilities resulting in both reduced costs and lead times," added Daw.

Daw went on to say, "In the past, we have found ourselves in a competitive disadvantage in bidding on the larger $20 million and up projects. The alliance will provide Daw the necessary resources and competitive advantage to participate in these larger fab projects as well as other projects not previously available to Daw."

Praxair Inc. is the largest industrial gases company in North and South America, and is one of the largest worldwide, with 1998 sales of $4.8 billion.

Praxair products, services and technology bring productivity and environmental benefits to a wide variety of industries, including aerospace, food and beverage, healthcare, electronics, steel, chemicals and refining, metal fabrication, water treatment, glass and others.

Dynamic Systems Inc. (DSI), founded in 1987 and based in Austin, Texas, is a turnkey mechanical construction company supplying ultrahigh purity manufacturing environments and systems installations for all major facilities process systems and tool installations.

A leader in North America, DSI has locations in key markets for the semiconductor industry including Austin, San Antonio, Dallas, Boston, Raleigh, N.C. and Chandler, Ariz. DSI completed projects for numerous major semiconductor companies around the world.

ISinc Inc., founded in 1995 in Austin, Texas, is a progressive design company dedicated to the production and support of the most detailed and comprehensive construction design packages in the semiconductor industry.

The use of advanced modeling and space management tools allows ISinc to provide significant improvements in schedule performance, labor efficiency, and materials management. ISinc has provided design and related services to several well recognized international semiconductor companies.

Daw Technologies Inc. provides ultra clean manufacturing environments for customers throughout the world and specializes in the design, engineering, manufacturing and installation of cleanrooms meeting stringent semiconductor manufacturing requirements, eliminating particles up to 1,000 times smaller than the diameter of a human hair.

The company, through its diversification initiative, also manufactures a line of tractor sleeper shells for heavy-duty truck manufactures, doorless air entrance systems for large retail establishments, and engages in contract manufacturing. For more information, visit Daw on the Internet at www.dawtech.com.

The information discussed in the previous paragraphs contains forward looking statements that are subject to risks and uncertainties that could result in actual results differing materially from those projected.

These risks and uncertainties could include, but are not limited to, the climate of the semiconductor industry, the timing of significant customer orders, product pricing pressures and challenges from competitors.