Nanotechnology Now - Press Release: Picosun fiscal Q1 sales break previous company records

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Abstract:
Picosun Oy, Finland-based global manufacturer of state-of-the-art Atomic Layer Deposition (ALD) systems report new sales revenue records for its fiscal Q1 (May to July). When compared to 2008, despite the crash of the global economy, Picosun's year-on-year sales for its fiscal Q1 rose by more than a third.

Picosun fiscal Q1 sales break previous company records

Espoo, Finland | Posted on August 28th, 2009

"This is very encouraging", says Kustaa Poutiainen, Chief Executive Officer of Picosun. "Our success in sales verifies the strength of our portfolio of specialized ALD systems both for research and production use."

Combined, Picosun people possess more than 200 years of first class ALD experience making it the most experienced designer and manufacturer of ALD equipment ever to exist.

"This unrivalled wealth of knowledge is the secret behind our ability to build the most innovative and reliable line of ALD tools," Poutiainen says. "Customers interested in obtaining the best package are coming to us."

Picosun has traditionally been very strong in Asia, especially Japan and China. "We have further strengthened results in our traditional markets there, and added Australasia as a new element of success into our list of customers."

"Another achievement, receiving a bunch of orders from Sweden in a period of a few months only has been a specifically satisfying case for us. We have been able to win that market with our combination of reasonable prices whilst meeting one of the most rigorous and challenging set of quality and performance criteria in the world," explains Kustaa Poutiainen.

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.

Additional information:
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
www.picosun.com

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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.

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Contacts:
Pekka Reinikainen
+358407479312

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