Posted: June 8, 2010

Picosun Opens Its II Global World Forum And Anounces Fourth Consecutive Profitable Year

(Nanowerk News) Picosun Oy, Finland-based global manufacturer of state-of-the-art Atomic Layer Deposition (ALD) systems today opened its II Global World Forum and announced having achieved its fourth consecutive profitable fiscal year from May 2009 to April 2010.
"Picosun's preliminary results show our turnover having increased by 51 per cent. Compared to the situation last year our order books are up 280%," says Kustaa Poutiainen, Chairman and CEO of Picosun.
"During the past 12 months Picosun has invested more into product development than ever before. Very clearly, this investment is paying dividends now that there are signs of a welcome global recovery. We have received new, significant production customers from various parts of the world signaling the emergence of ALD as a critical new tool to revolutionize industrial production in a variety of manufacturing sectors."
Picosun has exciting new ALD products coming out soon, as Picosun's global network of sales representation will be told at the Global World Forum today and tomorrow. Picosun World Forum started today in Espoo, Finland.
Poutiainen looks very confident when predicting a great year for the company and its products. "For our typical customers the very best is their only option. Picosun is ALD exclusive in its operations. Therefore, our customers can always expect to get best value for their ALD investments from us," he says.
Picosun develops and manufactures Atomic Layer Deposition (ALD) reactors for micro- and nanotechnology applications. Picosun represents continuity to over three decades of ALD reactor manufacturing in Finland. Picosun is based in Espoo, Finland and has its US headquarters in Detroit, Michigan. SUNALE™ ALD process tools are installed in various universities, research institutes and companies across four continents.
Dr. Tuomo Suntola, inventor of ALD technology, is a member of the board of directors of Picosun. World's most experienced ALD reactor designer Sven Lindfors is Picosun´s Chief Technology Officer and founder of the company. Picosun Oy is a part of Stephen Industries Inc Oy.
Source: Picosun (press release)
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