SOURCE: SCI Engineered Materials, Inc.

SCI Engineered Materials, Inc.

June 22, 2009 16:19 ET

SCI Engineered Materials Receives $1 Million Thin Film Solar Order

COLUMBUS, OH--(Marketwire - June 22, 2009) - SCI Engineered Materials, Inc. (SCI) (OTCBB: SCIA), a manufacturer of ceramics and metals for advanced applications using physical vapor deposition, today announced it received a $1 million order for Thin Film Solar products, which are expected to be manufactured and shipped during the second half of 2009.

SCI began developing additional products for Thin Film Solar in 2006 following several years as a materials supplier to that growing market. During the past two years the Company accelerated the acquisition of manufacturing equipment to scale its operations and also hired additional engineering and sales staff to specifically focus on Thin Film Solar. Currently, SCI is actively involved in the qualification process with several customers and has received a number of trial orders in 2009.

Dan Rooney, Chairman, President and Chief Executive Officer, stated, "We are pleased to receive this significant order for Thin Film Solar products. It underscores the progress we are making in this strategic market that exhibits exciting long-term growth potential. We are continuing to scale SCI's manufacturing and service capabilities to capture a larger share of the global Thin Film Solar market."

About SCI Engineered Materials, Inc.

SCI Engineered Materials, Inc. manufactures ceramics and metals for advanced applications such as photonics, thin film solar, thin film batteries, and semiconductors. SCI Engineered Materials is a global materials supplier with clients in more than 40 countries. Additional information is available at http://www.sciengineeredmaterials.com.

This press release contains certain 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, which are intended to be covered by the safe harbors created thereby. Those statements include, but are not limited to, all statements regarding intent, beliefs, expectations, projections, forecasts, and plans of the Company and its management, and specifically include statements concerning an order for products that are expected to be manufactured and shipped during the second half of 2009, the Company's active involvement in the qualification process with several customers and a number of trial orders that have been received in 2009, the Company continuing to scale its manufacturing and service capabilities to position it to capture a larger share of the global Thin Film Solar market. These forward-looking statements involve numerous risks and uncertainties, including, without limitation, other risks and uncertainties detailed from time to time in the Company's Securities and Exchange Commission filings, including the Company's Annual Report on Form 10-K for the year ended December 31, 2008. One or more of these factors have affected, and could in the future affect, the Company's projections. Therefore, there can be no assurances that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company, or any other persons, that the objectives and plans of the company will be achieved. All forward-looking statements made in this press release are based on information presently available to the management of the Company. The Company assumes no obligation to update any forward-looking statements.

Contact Information

  • For Additional Information Contact:
    Robert Lentz
    (614) 876-2000