EX-99.1
3
exhibit_99-1.htm
PRESS RELEASE, DATED AUGUST 12, 2009.
exhibit_99-1.htm
EXHIBIT 99.1
Crystal Research Acquires Arizona Quartz Tech, Inc.
·
Press Release
·
CRC Crystal Research Corporation
·
On Wednesday, August 12, 2009, 5:00 am EDT
- Funds to be used for homeland security, energy exploration and medical imaging products -
MESA, Arizona, August 12, 2009. -- CRC Crystal Research Corporation (OTC Bulletin Board: CYSA), a hi-tech technology crystal manufacturing company, is pleased to announce that it has acquired Arizona Quartz Tech, Inc. from Phoenix, Arizona. The acquisition is part of CRC's expansion into the semiconductor market and establishing
a gateway for many of its patented technologies for that market.
Dr. Kiril Pandelisev, Chief Executive Officer of CRC, stated, "We believe that this acquisition has come at a right time for CRC. Our initial patents for production of high grade, fiber optic quality fused silica (man-made quartz) have just been approved by the United States Patent and Trademark Office."He added, "
The
existing product line of Arizona Quartz Tech also compliments our patented technology for silicon or silicon alloy wafer boats and other wafer processing parts and assemblies.
The market for these high temperature, chemically resistant, lightweight, mechanically strong silicon based alloy product line in the aerospace, automotive, chemical and other large industry segments is enormous. It simply expands our product menu to be suitable for companies such as Intel, Microchip, ASM, Northrop Grumman, Lockheed
Martin, and others. It also expands the list of potential customers to us as well".
Following the acquisition, Arizona Quartz Tech, will continue with its products and services for the semiconductor sector such as quartz wafer processing chambers, tubing and other components for the chip fabrication process. Plans for facilities upgrade to accept all types of quartz products up to 12 inch wafer processing.
"Being part of CRC will allow us to continue to be a high quality supplier for many products used in the chip fabrication process, from high purity quartz, to silicon/silicon alloy products", stated Dan Gura, President of the Arizona Quartz Tech division.
About CRC Crystal Research Corporation:
CRC Crystal Research Corporation's (www.crccrystal.com)
initial
focus is on the manufacturing or "growing" of various types of crystals that will be utilized in a large number of military, medical and industrial applications. CRC's patented SCT method of growing flat plates of ultra-pure crystals, based on patented technology, applies a new solution to an old problem. Based on experimental data and their experience in this technology field, CRC's management believes they have the ability to grow crystals of any desired width, length and thickness needed
to meet customers' exact specifications; thus significantly reducing scrap and, in turn, increasing profit. Additionally, the space requirement for SCT plate growth is estimated to be approximately 200 times less than that for the standard Bridgman-Stockbarger method. Furthermore, the single crystallinity yield of the process is drastically increased and production costs are reduced proportionately.
This benefits the industry by decreasing
the production cost of uniform, high purity, low built-in stress crystal plates.
CRC's technology has been discussed in depth with leading industry crystal users such as Lockheed Martin, GE Medical, Phillips, Halliburton, Intel, Canon, Nikon, Sematech International, ASML, Zeiss and others. Sandia National Laboratories provided the initial hot zone temperature modeling of the crystal grower and Dr. Shari Motakef, a CRC Director and former MIT professor, provided thermal and stress modeling
that shows the advantages of the SCT process over the outdated Bridgman-Stockbarger method.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of
the Company, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation
of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. The Company encourages the public to read the above information in conjunction with its year-end statement, Form 10-KSB for December 31, 2008, and the second and second Quarter Form 10-Q financial statements.
The financial statements and notes can be viewed with the Securities and Exchange Commission, at
www.sec.gov
.
For more information, please contact:
CRC Crystal Research Corporation
Email:
info@crccrystal.com
Web: www.crccrystal.com

EX - 99 . 1 3 exhibit _ 99 - 1 . htm PRESS RELEASE , DATED AUGUST 12 , 2009 . exhibit _ 99 - 1 . htm EXHIBIT 99 . 1 Crystal Research Acquires Arizona Quartz Tech , Inc . · Press Release · CRC Crystal Research Corporation · On Wednesday , August 12 , 2009 , 5 : 00 am EDT - Funds to be used for homeland security , energy exploration and medical imaging products - MESA , Arizona , August 12 , 2009 . -- CRC Crystal Research Corporation ( OTC Bulletin Board : CYSA ) , a hi - tech technology crystal manufacturing company , is pleased to announce that it has acquired Arizona Quartz Tech , Inc . from Phoenix , Arizona . The acquisition is part of CRC 's expansion into the semiconductor market and establishing a gateway for many of its patented technologies for that market . Dr . Kiril Pandelisev , Chief Executive Officer of CRC , stated , " We believe that this acquisition has come at a right time for CRC . Our initial patents for production of high grade , fiber optic quality fused silica ( man - made quartz ) have just been approved by the United States Patent and Trademark Office . " He added , " The existing product line of Arizona Quartz Tech also compliments our patented technology for silicon or silicon alloy wafer boats and other wafer processing parts and assemblies . The market for these high temperature , chemically resistant , lightweight , mechanically strong silicon based alloy product line in the aerospace , automotive , chemical and other large industry segments is enormous . It simply expands our product menu to be suitable for companies such as Intel , Microchip , ASM , Northrop Grumman , Lockheed Martin , and others . It also expands the list of potential customers to us as well " . Following the acquisition , Arizona Quartz Tech , will continue with its products and services for the semiconductor sector such as quartz wafer processing chambers , tubing and other components for the chip fabrication process . Plans for facilities upgrade to accept all types of quartz products up to 12 inch wafer processing . " Being part of CRC will allow us to continue to be a high quality supplier for many products used in the chip fabrication process , from high purity quartz , to silicon / silicon alloy products " , stated Dan Gura , President of the Arizona Quartz Tech division . About CRC Crystal Research Corporation : CRC Crystal Research Corporation 's ( www.crccrystal.com ) initial focus is on the manufacturing or " growing " of various types of crystals that will be utilized in a large number of military , medical and industrial applications . CRC 's patented SCT method of growing flat plates of ultra - pure crystals , based on patented technology , applies a new solution to an old problem . Based on experimental data and their experience in this technology field , CRC 's management believes they have the ability to grow crystals of any desired width , length and thickness needed to meet customers ' exact specifications ; thus significantly reducing scrap and , in turn , increasing profit . Additionally , the space requirement for SCT plate growth is estimated to be approximately 200 times less than that for the standard Bridgman-Stockbarger method . Furthermore , the single crystallinity yield of the process is drastically increased and production costs are reduced proportionately . This benefits the industry by decreasing the production cost of uniform , high purity , low built - in stress crystal plates . CRC 's technology has been discussed in depth with leading industry crystal users such as Lockheed Martin , GE Medical , Phillips , Halliburton , Intel , Canon , Nikon , Sematech International , ASML , Zeiss and others . Sandia National Laboratories provided the initial hot zone temperature modeling of the crystal grower and Dr . Shari Motakef , a CRC Director and former MIT professor , provided thermal and stress modeling that shows the advantages of the SCT process over the outdated Bridgman-Stockbarger method . Safe Harbor Statement This press release contains statements that may constitute " forward - looking statements " within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934 , as amended by the Private Securities Litigation Reform Act of 1995 . Those statements include statements regarding the intent , belief or current expectations of the Company , and members of their management as well as the assumptions on which such statements are based . Prospective investors are cautioned that any such forward - looking statements are not guarantees of future performance and involve risks and uncertainties , and that actual results may differ materially from those contemplated by such forward - looking statements . Important factors currently known to management that could cause actual results to differ materially from those in forward - statements include fluctuation of operating results , the ability to compete successfully and the ability to complete before - mentioned transactions . The company undertakes no obligation to update or revise forward - looking statements to reflect changed assumptions , the occurrence of unanticipated events or changes to future operating results . The Company encourages the public to read the above information in conjunction with its year - end statement , Form 10 - KSB for December 31 , 2008 , and the second and second Quarter Form 10 - Q financial statements . The financial statements and notes can be viewed with the Securities and Exchange Commission , at www.sec.gov . For more information , please contact : CRC Crystal Research Corporation Email : info@crccrystal.com Web : www.crccrystal.com