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SpatiaLight, Inc. Reports 1998 Results Apr 7, 1999 — NOVATO, Calif., April 7 -- SpatiaLight, Inc., a developer of liquid crystal on silicon (LCOS) micro display devices, reported revenues for the year ended December 31, 1998 of $29,750 with a net loss of $3.18 million, or a loss per basic and diluted share of $0.34. These figures compare with 1997 revenues of $325,000 with a net loss of $3.32 million, or a loss per basic and diluted share of $0.38. Revenues in 1998 were comprised of sales of developer kits of the Company's displays, while those...

TRW Delivers First Laser for Next-Generation Microchips Apr 6, 1999 — REDONDO BEACH, Calif., April 6 -- TRW Inc. says it has delivered the first next-generation laser for extreme ultraviolet (EUV) lithography. The company calls the laser an enabling technology for a new type of EUV light source that will allow chip...

Lasertechnics Marking Purchased by Amphion Capital Apr 6, 1999 — ALBUQUERQUE, N.M., April 6 -- Lasertechnics Marking Corp. has been acquired by Amphion Capital Management, a New York City investment capital firm. LMC was a wholly owned subsidiary of AXCESS Inc. of Dallas, Texas. Amphion Capital Management is a...

ESI Patent Declared Valid by Court Apr 6, 1999 — PORTLAND, Ore., April 6 -- A federal court jury has upheld the validity of Electro Scientific Industries, Inc.'s link blowing patent in the company's lawsuit against General Scanning, Inc. of Watertown, Massachusetts. The suit alleged that GSI...

Alcatel Completes Tender Offer for Xylan Apr 6, 1999 — PARIS, France, April 6 -- Alcatel reports that it has completed its tender offer to purchase all of the outstanding shares of Xylan Corp. for $37.00 per share. Based on a preliminary count, approximately 97% of the outstanding shares of Xylan...

Kollmorgen Wins Contract for Turkish Navy Periscopes Apr 5, 1999 — WALTHAM, Mass., April 5 -- Kollmorgen Corp. has received a $22 million contract from the leading German shipyard Howaldtswerke-Deutsche Werft AG to produce advanced submarine periscopes for the Turkish Navy. The contract covers a total of four...

Coherent, Inc. Announces Retirement of Robert Gelber Apr 5, 1999 — SANTA CLARA, Calif., April 5 -- Robert M. Gelber has stepped down as president of Coherent Auburn Group and executive vice president of Coherent, Inc. to spend more time on personal activities. Bernard Couillaud, Coherent's president and CEO, noted...

Space Imaging Forms Japanese Partnership Apr 5, 1999 — DENVER, Colo., April 5 -- Space Imaging announced today that it has signed an agreement with Japan's National Space Development Agency (NASDA) that allows NASDA to receive and process satellite imagery collected by the Indian Remote Sensing (IRS)...

Corning Picks Fishburn as New VP, CIO Apr 5, 1999 — CORNING, N.Y., April 5 -- Corning Incorporated announced that Richard J. Fishburn will become a vice president and chief information officer effective April 21. Fishburn, who held similar posts at Digital Equipment Corp., will oversee Corning's...

Laser Corp. Announces Year-End Results Apr 5, 1999 — SALT LAKE CITY, Utah, April 5 -- Laser Corp. reported that revenues for the fiscal year ended Dec. 31, 1998 were $3,336,105 as compared to revenues of $5,126,308 for the same period in 1997, a decrease of 35%. The company recognized a net loss for...

Bell Atlantic Network Passes Five Million Miles Apr 2, 1999 — NEW YORK, N.Y., April 2 -- Bell Atlantic reports that its fiber optic network of underground and aerial conduits has passed the five-million-mile mark. The company says that, according to the most recent Federal Communications Commission (FCC)...

Corning, Furukawa Settle Patent & Trademark Case Apr 2, 1999 — CORNING, N.Y., April 2 -- Corning Inc. has settled its lawsuit against the Furukawa Electric Co. Ltd. of Japan and its related U.S. company, Furukawa Electric North America Inc., for infringing on a Corning patent and trademark and for unfair...

RMI Names Chief Operating Officer Apr 2, 1999 — LAFAYETTE, Colo., April 2 -- Rocky Mountain Instruments, the Colorado-based designer and manufacturer of UV to far-IR precision laser and imaging optics, coatings and assemblies, has promoted Debbie Hunt to Vice President and Chief Operating...

FLIR Systems Completes Acquisition of Inframetrics Apr 2, 1999 — PORTLAND, Ore., April 2 -- FLIR Systems Inc. has completed its acquisition of Inframetrics Inc. The transaction, which will be accounted for as a pooling of interests, involved the issuance of approximately 2.3 million shares of FLIR common stock to...

Antenna Sends Stream of New Mars Images Apr 1, 1999 — WASHINGTON, D.C., April 1 -- A portfolio of high-resolution images from Mars will soon begin arriving at Earth receiving stations following the deployment of the Mars Global Surveyor's high-power communications antenna. The antenna had been stowed...

LaserSight Announces Results, Financing Apr 1, 1999 — WINTER PARK, Fla., April 1 -- LaserSight Inc. announced financial results for the fourth quarter and year ended December 31, 1998. The Company also announced the completion of a $9 million equity private placement. Revenues for the fourth quarter...

Court Grants Spectranetics Preliminary Injunction Apr 1, 1999 — COLORADO SPRINGS, Colo., April 1 -- A Federal District Court in Colorado has granted Spectranetics Corp.'s request for a preliminary injunction preventing White Star Holdings Ltd. from making any attempt to terminate Spectranetics' license of...

IRIS Reports Modest 1998 Loss Apr 1, 1999 — CHATSWORTH, Calif., April 1 -- International Remote Imaging Systems Inc. reported that net revenues for 1998 were $27.5 million, essentially the same amount as in 1997. Operating income improved to $556,000 compared with $246,000 for the prior year....

Physicians Perform Pediatric Laser Eye Surgery Mar 31, 1999 — LOS ANGELES, Calif., March 31 -- An ophthalmic laser technique approved for adults by the Food and Drug Administration just last November has been used for the first time to treat a child. The patient, 12-year-old Kiley Bedwell, had 20/20 vision...

Fischer Imaging, GE Medical Swap $6 Million in Stock Mar 31, 1999 — DENVER, Colo., March 31 -- Fischer Imaging Corp. announced an agreement with General Electric Company on behalf of its Medical Systems under which 62% of the 1,333,333 shares of Fischer Series D Preferred Stock currently owned by GE Medical will be...

Photographic Technique Assists Laser Fusion Experiments Mar 31, 1999 — HUNTSVILLE, Ala., March 31 -- An old photographic technique is helping scientists on the cutting edge of laser research. The Astrophysics Branch in the Space Sciences Laboratory at NASA's Marshall Space Flight Center is providing photographic...

Spectra-Physics Revises Expectations Mar 31, 1999 — MOUNTAIN VIEW, Calif., March 31 -- Spectra-Physics announced that it expects to report lower than anticipated net sales, ranging from $30 million to $32 million, for the first quarter ending April 2, 1999. These expected results compare with actual...

Laser-Generated X-Rays Help Scientists Watch Atoms Move Mar 30, 1999 — SAN DIEGO, Calif., March 30 -- A group of researchers at the University of California-San Diego has devised a laser-based method for peering into the high-speed world of atoms and directly observing their movement. Using ultra-fast pulses that...

Deutsche Telekom, France Telecom and Sprint Squelch Rumor Mar 30, 1999 — KANSAS CITY, Mo., March 30 -- Responding to press speculation of financial troubles at the Global One joint venture, the three parent companies -- Deutsche Telekom, France Telecom and Sprint -- reaffirmed their confidence in the venture. The...

Data Translation Announces Stock Buyback Plan Mar 30, 1999 — MARLBORO, Mass., March 30 -- Data Translation, Inc.'s Board of Directors has approved the purchase of up to $1,000,000 of its shares of common stock over the remainder of the year. The purchases will be made on the open market at prevailing prices...

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