BENSALEM, PA --(Marketwired - September 22, 2016) - Gyrotron Technology Inc. (
Dr. Vlad Sklyar, GTI President stated, "We are pleased to announce this potential addition to our patent portfolio, as the innovation has both broad applications as well as targeted purposes within the multi-billion dollar automotive industry. We expect the technology to provide multiple process improvements in the production of interior assemblies for automotive vehicles by reducing the time for the forming process by an order of magnitude while maintaining material integrity of the layers being joined, significantly reducing energy consumption and other production costs. It also may allow greater automation of certain production processes."
GTI presently holds six US patents covering multiple industry developments, and a number of patent and provisional patent applications. Four of the issued patents relate to novel uses of the gyrotron;
- Glass: US Patent 6,408,649 - Method for rapid thermal treatment of glass & glass-like materials using microwave radiation.
- Semiconductors: US Patent 6,423,605 - Method and apparatus for forming ultra-shallow junction for semiconductor device.
- Plastics: US Patent 6,368,994 - Rapid processing of organic materials using short wavelength microwave radiation.
- Critical Technical Aspects of Gyrotron Processing: US Patent 6,424,090 - Modification of millimetric wavelength microwave beam power distribution.
About Gyrotron Technology -- (
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, including filings with the SEC. These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.
TECHNICAL CONTACT Dr. Vlad Sklyar President 215-244-4740 Email contact INVESTOR CONTACT Jack N. Mayer Director 215-244-4740 Email contact
