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[QUOTE]Originally posted by MikeP: [QB] News wasn't as uplifting as everyone expected I guess. Pretty neutral in general. http://biz.yahoo.com/bw/050207/75358_1.html Cetek Technologies, Inc. Status Report Monday February 7, 8:01 am ET POUGHKEEPSIE, N.Y.--(BUSINESS WIRE)--Feb. 7, 2005--The CEO of Cetek Technologies, Inc., (Pink Sheets:CTKH - News) today issued the following statement: We take this opportunity to briefly report on our status of operations, as is customary, reflecting the fourth quarter of 2004. Sales revenues grew, with this most recent quarter being the best yet, in terms of production and shipment of our proprietary ceramic substrate product. The 12 inch substrate material continues to sell exceptionally well; so well, in fact, that capacity to produce at the order flow rate is a challenge, and is an issue that we are dealing with. In this regard, we expect additional production capacity to be added shortly -- a result of increasing existing plant operations, as well as in gaining additional capacity as a result of outside acquisitions. I previously indicated that our growth would be from internal expansion, as well as external, via acquisition of manufacturing companies with similar synergies. We've had the opportunity to analyze and inspect the books and physical operation of numerous target companies, which would enhance Cetek's overall business model and we have, in fact, been in ongoing negotiations. Regarding our financial health, I am pleased to report that Cetek again made money. Specifically, we realized a 50% increase in ceramic revenues over the previous period. Cetek Technologies is moving forward on its numerous growth prospects for 2005 and beyond. In the commercial sector, "nano emissive display" technology, or NED's, enable manufacturers to design large flat panel displays that exceed the image quality characteristics of plasma and LCD screens, but at a much lower cost. We're very interested in this application, as we have what we believe is a superior material for this type of product. NED technology could be used for much larger displays, such as those used in billboard advertising or sporting events, and our process could potentially have a role in this area. Another promising area is in CNT (Carbon NanoTube) technology. CNTs are tubes of carbon atoms less than a nanometer in diameter, possessing a combination of unique properties making them highly programmable for a variety of purposes, including electron emitters for flat panel displays, an important area of interest for the Company. In closing, I thank all shareholders for their continued support, and we look forward to keeping shareholders informed of our efforts in developing Cetek into a significant player in its industry, while striving to build shareholder value. Respectfully, Fayiz Hilal CEO/President [/QB][/QUOTE]
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