They began trading under the symbol NXSN on June 13th, so far from what little I have read they are doing one heck of a job. Made a nice move today, did not take alot of stock to move it.
Last year they even made a decent amount of money, and they should continue to grow, great industry to be in because it IS THE FUTURE!
It seems as though the management team is going to be the real backbone of the company, they have worked for some of the Big Big Boys in the industry.
Tony Di Napoli, President and Chief Executive Officer, has over 23 years of semiconductor manufacturing and capital equipment related experience. Technical and technical management positions held at Perkin-Elmer, National Semiconductor, Philips Semiconductor and AMD. Mr. Di Napoli was founder and C.E.O. of Progressive Systems Technology, and is the holder of 5 technical patents. Founded in 1991, PST was a high-tech equipment company serving both semiconductor and flat panel display (FPD) industries. PST listed in the INC. top 500 privately held companies two consecutive years, with a ranking of #86 in the second year. Mr. Di Napoli has been the recipient of numerous awards, including Austin, Texas High Tech Entrepreneur of the Year in 1997. In June of 1999, Mr. Di Napoli sold PST to Asyst Technologies, a NASDAQ listed company. Mr. Di Napoli became Global Vice President of Sales at Asyst Technologies in June, 1999 and held that position until March of 2002. Mr. Di Napoli founded NexTech Solutions, Inc. in the 2nd Quarter of 2002.
David A. Torres, Vice President, Worldwide Sales, has over 27 years of semiconductor fabrication and capital equipment related experience. Mr. Torres has held senior level product marketing management and capital equipment sales management positions at Fairchild Semiconductor, Memorex Corporation, and Quartz International Corporation. Co-founder, Motion Automation Systems, Inc. Founded in 1996, Motion Automation Systems was a high-tech wafer handling equipment company serving the semiconductor industry. Mr. Torres held the position of Vice President, Sales & Marketing from MAS's founding in 1996 until December 2002. Mr. Torres has been the recipient of numerous achievement awards, including Sales Rep of the Year, New Account Rep of the Year, and Regional Sales Manager Excellence Awards. In the 1st Quarter of 2003, Mr. Torres joined the NexTech management team as a co-founding member.
This Business Description is from Pinksheets.com
NexTech Solutions, Inc. delivers advanced metrology and automation solutions primarily to the Semiconductor and FPD (Flat Panel Display) industries. NexTech produces advanced AOI systems for high performance inspection of FPD substrates to a rapidly expanding, multi-billion dollar market that has been growing at a double-digit rate year-to-year. The FPD AOI products include the NexTStarTM, the FPDStarTM, and the PhotoStarTM. These advanced AOI systems enjoy a technology advantage over conventional AOI systems, allowing NexTech to compete aggressively in this market. NexTech has several patents pending which are related to these systems in advanced illumination, derived color imaging, sub-micron defect pattern inspection and superior TACT performance. NexTech's advanced inspection technology dovetails well into the need for semiconductor reticle inspection. NexTech is currently shipping the ORION, a fully automated reticle inspection system which provides macro particle inspection prior to stepper usage. NexTech has delivered this and other equipment solutions to customers among the largest semiconductor companies in the industry. For more information you can visit the NexTech Solutions, Inc. homepage at http://www.nxts.com.
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NexTech Announces US$1.5M Purchase Order from Hakuto Co. Ltd Japan Sep 28, 2006 9:50:00 AM Copyright Business Wire 2006 AUSTIN, Texas--(BUSINESS WIRE)--
NexTech Solutions (Pink Sheets:NXSN) today announced a Purchase Order for their newly introduced Generation Four (G4) NexTStar NanoScan AOI system. The Purchase Order was placed by Hakuto Co., Ltd. of Japan, a Tokyo Stock Exchange listed company (ticker # 7433).
Hakuto Co., Ltd. is one of the most highly respected distributors and manufacturers, with 22 offices and over 1500 employees serving the semiconductor, FPD, electronics and related industries. Hakuto represents NexTech's products throughout the Asia Pacific Rim countries of Japan, Korea, Taiwan, China, Singapore and Malaysia.
The NexTStar G4 NanoScan is equipped with both brightfield and darkfield illumination and is designed to inspect unpatterned glass or patterned thin films on glass substrates of dimensions 920mm X 740mm in size. The NexTStar NanoScan will provide sub-micron inspection capability for FPD/TFT panels on patterned glass for defects 300 nanometers (0.3 micron) or larger in size.
The NexTStar NanoScan G4 AOI system is scheduled to be delivered to Hakuto, Japan in the late 4th Qtr. of 2006.
NexTech's CEO, Mr. Tony Di Napoli, states, "We are especially excited about our product line-up in the FPD market. This is a 70+ billion dollar market that has been growing at a double-digit rate year-to-year. The technology advantage that we enjoy with our inspection products allows us to compete aggressively in this market as these tools play an integral role in increasing customer yields and overall manufacturing excellence."
About Hakuto
Founded in 1953, Hakuto Co., Ltd. is headquartered in Tokyo, Japan and has 12 subsidiaries with 22 offices throughout Japan, China, Korea, Thailand, Singapore, and the U.S.A. The company distributes electronic products, provides technical services and manufactures industrial chemicals. Hakuto is a publicly traded company listed on the Tokyo Stock Exchange (Ticker code #7433); with annual sales of 115,503 million YEN (FY2006) or approx US$1.0 billion dollars. More information about Hakuto is available online at www.hakuto.co.jp
About NexTech Solutions
NexTech Solutions is a Louisiana Corporation with offices in San Mateo (Silicon Valley), California and Austin, Texas. NexTech Solutions brings advanced metrology and automation solutions to the Semiconductor, FPD (Flat Panel Display), and other industries. NexTech's mission is to create greater shareholder value via advanced technology development and marketing associated product solutions targeted at emerging large markets.
You can visit the NexTech Solutions, Inc. homepage at www.nxts.com
Forward-Looking Statements: Forward-looking statements are based on current expectations and assumptions that are subject to certain risks and uncertainties that could cause actual results to differ materially from historical experience and projections. Such forward-looking statements are inherently uncertain, and actual results may differ from those expressed or implied. Consequently, readers should not place undue reliance on any forward-looking statements.
Source: NexTech Solutions
---------------------------------------------- NexTech Solutions Inc. David A. Torres 650-305-9600
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From the news a few more deals like this an quarter four will be HUUUUUGE
"The NexTStar NanoScan G4 AOI system is scheduled to be delivered to Hakuto, Japan in the late 4th Qtr. of 2006.
NexTech's CEO, Mr. Tony Di Napoli, states, "We are especially excited about our product line-up in the FPD market. This is a 70+ billion dollar market that has been growing at a double-digit rate year-to-year. The technology advantage that we enjoy with our inspection products allows us to compete aggressively in this market as these tools play an integral role in increasing customer yields and overall manufacturing excellence."
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