Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Picosun posts third consecutive positive result

Abstract:
Today, marking the opening of the 9th International Conference on Atomic Layer Deposition in Monterey, California, Picosun Oy, Finland-based global manufacturer of state-of-the-art Atomic Layer Deposition (ALD) systems, preliminarily announced posting its third consecutive positive annual result.

Picosun posts third consecutive positive result

MONTEREY, CA | Posted on July 20th, 2009

Picosun's year-on-year revenues rose by a healthy 22 percent, and the company posted a small profit. "Given the overall state of the global economy, this is all the more significant, because during the fiscal year of May 1st 2008 to April 30th 2009 Picosun invested heavily into its new laboratory, R&D and production facilities in Kirkkonummi, Finland", says Kustaa Poutiainen, Chief Executive Officer of Picosun.

Thus far, the Picosun saga has been one of exceptional qualities. Founded as recently as 2004, the company has developed itself through organic growth, building an impressive portfolio of ALD systems both for research and production use. Whilst most high-tech start-ups seem to compete with accumulated losses, Picosun is maintaining its profitability throughout the economic crisis.

"We are getting completely ready for the big leap", Poutiainen smiles."Because of our organic growth policy, however, we are not in a hurry."

Global recession has not been felt too much at Picosun. "We get conflicting signs from different parts of the world, but for a global player like ourselves, the sum total seems to be rather even keeled, tilting towards sustained growth," explains Kustaa Poutiainen.

Geographically, the latest sales of Picosun's systems, research and company clients, have gone to countries very much affected by the global gloom. "This only proofs the axiom that even in the midst of the murkiness of the global downturn, the most forward looking, most clear headed players always make sure to be on top of technology when the upsurge starts. To be absolutely certain, they come to us. Picosun represents the brightest of the latest in its own field of technology and clearly benefit from its unique position," Poutiainen says.

The 9th International Conference on Atomic Layer Deposition (ALD 2009) is a three-day meeting 20 to 22 July (preceded on the 19th of July by one day of tutorials), dedicated to the science and technology of atomic layer deposition of thin films. Picosun exhibits its customer-praised line of ALD systems at the venue of the ALD 2009 conference, Portola Hotel and Spa in Monterey, California at the exhibition area.

####

About Picosun Oy
Picosun develops and manufactures Atomic Layer Deposition (ALD) reactors for micro- and nanotechnology applications. Picosun represents continuity to over three decades of ALD reactor manufacturing in Finland. Picosun is based in Espoo, Finland and has its US headquarters in Detroit, Michigan. SUNALE™ ALD process tools are installed in various universities, research institutes and companies across Europe, USA and Asia.

Dr. Tuomo Suntola, inventor of ALD technology, is Member of the Board of Directors of Picosun. World’s most experienced ALD reactor designer Sven Lindfors is Picosun’s Chief Technology Officer and one of the founders of the company. Picosun Oy is a part of Stephen Industries Inc Oy.

For more information, please click here

Contacts:
Pekka Reinikainen
Phone: +358407479312


Picosun Oy
Mr. Juhana Kostamo
Managing Director
Tietotie 3
FI-02150 Espoo, Finland
Tel. +358 50 321 1955
Fax. +358 20 722 7012
e-mail: info (at) picosun.com

Copyright © Picosun Oy

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

'Lasers rewired': Scientists find a new way to make nanowire lasers: Berkeley Lab, UC Berkeley scientists adapt next-gen solar cell materials for a different purpose February 12th, 2016

Breaking cell barriers with retractable protein nanoneedles: Adapting a bacterial structure, Wyss Institute researchers develop protein actuators that can mechanically puncture cells February 12th, 2016

Replacement of Toxic Antibacterial Agents Possible by Biocompatible Polymeric Nanocomposites February 12th, 2016

Properties of Polymeric Nanofibers Optimized to Treat Damaged Body Tissues February 12th, 2016

Announcements

Graphene leans on glass to advance electronics: Scientists' use of common glass to optimize graphene's electronic properties could improve technologies from flat screens to solar cells February 12th, 2016

Breaking cell barriers with retractable protein nanoneedles: Adapting a bacterial structure, Wyss Institute researchers develop protein actuators that can mechanically puncture cells February 12th, 2016

Replacement of Toxic Antibacterial Agents Possible by Biocompatible Polymeric Nanocomposites February 12th, 2016

Properties of Polymeric Nanofibers Optimized to Treat Damaged Body Tissues February 12th, 2016

Tools

Scientists take nanoparticle snapshots February 10th, 2016

Making sense of metallic glass February 9th, 2016

Chiral magnetic effect generates quantum current: Separating left- and right-handed particles in a semi-metallic material produces anomalously high conductivity February 8th, 2016

Metal oxide sandwiches: New option to manipulate properties of interfaces February 8th, 2016

Financial Reports

Arrowhead to Webcast Fiscal 2015 Year End Results December 7th, 2015

Haydale Announce Year End Results November 3rd, 2015

Harris & Harris Group to Host Conference Call on Third-Quarter 2015 Financial Results on November 12, 2015 October 23rd, 2015

Small but heading for the big time: Nanobiotix half year results for the six months ended 30 June 2015, in line with expectations: Major clinical achievements and corporate developments August 28th, 2015

NanoNews-Digest
The latest news from around the world, FREE





  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic