SOURCE: Gyrotron Technology Inc.

Gyrotron Technology Inc.

September 11, 2012 11:45 ET

Grass Roots Research Initiates Coverage on Gyrotron Technology Inc. With a Price Target of $4.31 per Share

BENSALEM, PA--(Marketwire - Sep 11, 2012) -  Gyrotron Technology Inc. (PINKSHEETS: GYTI), a developer of innovative industrial technologies, announced today that Grass Roots Research & Distribution Inc (GRRD), an independent micro-cap research firm, has issued a research report on GYTI with a price target of $4.31 per share. For a copy of the report including all disclosures and disclaimers, please click here: http://www.grassrootsrd.com/grassrootsrd/Reports/Gyrotron_Technology_09_06_2012.pdf

About Gyrotron Technology - (PINKSHEETS: GYTI)
GYTI develops and markets unique industrial technologies to a broad range of industries, including glass, solar, and semiconductor. Most of these utilize the Gyrotron, a very powerful source of high frequency microwaves. These technologies open new horizons, substantially enhancing productivity and cutting costs by, among other things, applying heat in a dramatically more efficient and effective manner than is possible with legacy technologies.

Please visit our website http://www.gyrotrontech.com/ or go to http://www.gyrotrontech.com/images/gyti.pk%20summary.pdf for GYTI summary information.

Forward-Looking Statements
This release and the materials referred to herein contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of GYTI. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties inherent herein and in publically available information on GYTI. These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.

Contact Information

  • Company Contact:
    Jack N. Mayer
    Director
    215-244-4740
    Email Contact