Posted: August 30, 2010

Picosun's Fiscal Q1 Orders Up By 400%

(Nanowerk News) Picosun Oy, Finland-based global manufacturer of state-of-the-art Atomic Layer Deposition (ALD) systems today announced a 400 % increase in new orders received during its fiscal Q1 (May to July 2010) on a year-on-year basis.
Kustaa Poutiainen, Chairman of the Board of Directors and CEO of Picosun, is very content with the trend. "More than being happy about the exceptionally convincing growth I am pleased with the fact that from one year to the next our key figures show absolute consistency. Picosun's revenues continued to grow even during the worst global recession. We have posted a positive annual result four years in a row. The sustained trend in our order books is a steady but steep rise in volume", he says.
Thus far, the Picosun saga has been one of exceptional qualities. Founded as recently as 2004, the company has developed itself through organic growth, building an impressive portfolio of ALD systems both for research and production use. In June, during the 10th International Conference on ALD in Seoul, Picosun presented its latest technology breakthrough, Picoplatform™ vacuum cluster. Picosun's vacuum cluster tool continues the unique idea of unique scalability which is inbuilt in all Picosun products. Later in 2010, revolutionary new product launches by Picosun are to be expected.
"We have patiently built a reputation for ourselves. As testified by our customers Picosun represents the greatest of the latest in its own field of technology. Increasingly, people interested in the vast opportunities offered by the use of ALD realize that their only option when investing into this technology is to rely on the absolutely best products. After having come to this conclusion they come to Picosun, as our latest figures so compellingly indicate", Poutiainen says.
"The whole global Picosun family is to thank for the continuous success. Our staff and partners have grown with the measure of the accomplishment making sure that the current course will, if anything, steadily strengthen itself", Poutiainen emphasizes.
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 (1974) of ALD technology, is Member of the Board of Directors of Picosun. World's most experienced ALD reactor designer Sven Lindfors is Picosun's Chief Technology Officer and one of the founders of the company. He has designed ALD systems continuously since 1975. Picosun Oy is a part of Stephen Industries Inc Oy.
Source: Picosun (press release)
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