SOURCE: Cetek Technologies, Inc.

November 09, 2006 09:00 ET

Cetek Technologies, Inc. Optimizes Operations

POUGHKEEPSIE, NY -- (MARKET WIRE) -- November 9, 2006 -- Cetek Technologies, Inc., (PINKSHEETS: CTKH) a manufacturer of ceramic material for the electronics and power generating industries, and in conjunction with its wholly owned subsidiaries, Hybrid-Tek Inc. and Belanger Ceramic Grinding, announced today that they have completed the physical relocation of Belanger Ceramic into the Poughkeepsie facilities at Cetek's home base.

This move will consolidate operations of the two entities, as well as providing immediate overall financial benefit to the Company.

Fayiz Hilal, CEO of Cetek Technologies, stated, "By consolidating Belanger Ceramic into Cetek Technologies' existing facilities and operations in Poughkeepsie, we are maximizing efficiencies of operations by saving in redundant expenditures, while reducing overhead expenses dramatically."

Initial feedback from customers has also been positive. "The move is being well-received by customers because it gives them flexibility and increases their exposure in this high tech field," stated Mr. Hilal.

The Company is also expecting to release financial news in the near future.

About Cetek Technologies, Inc.

Cetek Technologies, Inc. (PINKSHEETS: CTKH), founded in 1989 by Fayiz Hilal, is focused on the development and manufacturing of ceramics and the associated materials. The Cetek Process allows us to produce and distribute quality ceramic materials at a lower unit production cost. While the world of technology is constantly changing, we have watched the demand for our products grow exponentially.

About Hybrid-Tek Inc.

Hybrid-Tek, Inc. was founded in 1982 to provide "print, fire and trim" capabilities for thick film hybrid microelectronics users. In just a few short years, the company expanded to occupy an 11,000 sq. ft. facility in a high tech industrial complex. Building on our initial services and capabilities, Hybrid-Tek expanded to include additional circuit engineering services along with the necessary facilities and staff for device wire bonding, surface mounting and complete package assembly and test/documentation. Our building was designed exclusively for the production of thick film microcircuits and assemblies and offers substantial space for growth. The company's growth over the years is directly related to our commitment to customer satisfaction, the highest level of service and product quality.

About Belanger Ceramic Grinding Inc.

Having become a wholly owned subsidiary of Cetek Technologies, Inc. last August, Belanger Ceramic was founded in 1962 by Mr. Don Belanger, and specializes in precision polishing and grinding for a wide range of prototype, experimental and full production ceramic product. Over the years, Belanger Ceramic has earned a reputation in superior precision machining of various structural ceramic and composite components, both for private industry and in the public sector. Belanger has received many awards from customers and from the federal government for developing unique systems and procedures.

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NOTICE: This release contains forward-looking statements that involve risks and uncertainties, such as statements about our plans, objectives, expectations, assumptions or future events. These statements involve estimates, assumptions, known and unknown risks, uncertainties and performances, or achievements expressed or implied by the forward-looking statement. Consequently you should not place undue reliance on these forward-looking statements.

Contact Information

  • Contacts:

    Cetek Technologies, Inc.
    Fayiz Hilal