Optomec Announces 80% Revenue Growth in Profitable Second Quarter

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Optomec Announces 80% Revenue Growth in Profitable Second Quarter

Key new customers in solar cell and flat panel display markets herald continued rapid growth

Albuquerque, New Mexico 1 September 2006: Optomec, today announced record results for its second quarter which ended June 30, 2006. Revenues increased 80% compared to prior year second quarter results and the Company recorded an increased profit.

“Financially the company once again met its quarterly revenue and margin targets, but just as important, we established cornerstone new customer relationships within the rapidly growing solar cell and flat panel display markets, which will help sustain our future growth rates,” noted Dave Ramahi, Optomec’s President and CEO. Ramahi continued, “These customers in such diverse industries provide further evidence of the potential for Optomec’s additive technologies to revolutionize current electronics manufacturing processes.”

Optomec is the world-leading provider of additive manufacturing systems for high-performance applications in the Electronics, Biomedical, and Aerospace & Defense markets. These systems utilize Optomec’s proprietary M3D aerosol-jetting technology and LENS powder-metal fabrication technology. The company has a global customer base of industry-leading manufacturers.

LENS is a registered trademark of Sandia Corporation.

M3D is a registered trademark of Optomec, Inc.

By | 2017-01-22T19:20:25+00:00 September 1st, 2006|
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