Disk Market Accepts New Schmitt Technology.PORTLAND, Ore.--(BUSINESS WIRE)--June 30, 1999-- Schmitt Industries, Inc. (Nasdaq:SMIT imp. & p. 1. imp. & p. p. os> of Smite. Smit with the beauty of so fair a scene. - Cowper. 3d. pers. 1. 3d. pers. sing. pres. os> of Smite. ) is pleased to announce that Seagate Technology (company) Seagate Technology - A major manufacturer of hard disk drives, founded in 1979 as "Shugart Technology" by Alan F. Shugart and Finis Conner. That name is on the original patents for the 5.25" hard disk drive. has entered multiple orders for Schmitt's new TMS-2000RC measurement machines. Several units have already been shipped, and additional orders are anticipated in the future from Seagate and other hard disk media manufacturers. Schmitt worked closely with Seagate over the last six months to further enhance its laser light scatter scat·ter v. 1. To cause to separate and go in different directions. 2. To separate and go in different directions; disperse. 3. To deflect radiation or particles. n. measurement technology. The TMS-2000RC can now measure disk surface roughness less than one Angstrom angstrom (ăng`strəm), abbr. Å, unit of length equal to 10−10 meter (0.0000000001 meter); it is used to measure the wavelengths of visible light and of other forms of electromagnetic radiation, such as ultraviolet (one angstrom is four billionths of an inch) as well as determine the microroughness of the surface in both the radial and circumferential circumferential /cir·cum·fer·en·tial/ (-fer-en´shal) pertaining to a circumference; encircling; peripheral. direction simultaneously. This advanced TMS-2000RC machine should become the instrument of choice for disk manufacturers moving towards the ultra-smooth disk drive media required for the future. Ultra-smooth disks allow drive manufacturers to greatly increase storage capacity of the hard drive assembly. Future media for the disk drive industry will be less than 1 A (Angstrom) in overall microroughness with a component of 0.6 A circumferentially Cir`cum`fer`en´tial`ly adv. 1. So as to surround or encircle. and over 1 A in a radial direction. Schmitt management believes its TMS-2000RC is the only equipment available to the market which can provide these measurements in a production environment. Schmitt management intends to add this new measurement technology to its DTM-2000 automated measurement equipment in the next 90 days. The foregoing information contains certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that anticipate future trends or events. These statements are based on certain assumptions that may prove to be erroneous and are subject to certain risks including but not limited to the uncertainties of the Company's new product introductions, the risks of increased competition and technological change in the Company's industry and other risks detailed in the Company's Securities and Exchange Commission filings. Accordingly, actual results may differ, possibly materially, from the predictions contained herein. |
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