Uniroyal Technology Corporation Announces Sterling Semiconductor Contract Award For Development Of Heterojunction Bipolar Transistor (HBT)
Sarasota, Fla. Uniroyal Technology Corporation (Nasdaq: UTCI) today announced that its subsidiary, Sterling Semiconductor, Inc. (Sterling), has been awarded a contract by the U.S. Navy to develop advanced microelectronics devices based on silicon carbide for wireless applications. Sterling is a producer of silicon carbide substrates, epitaxy and devices for advanced electronics applications.
The device type to be developed, known as a heterojunction bipolar transistor (HBT), will use gallium nitride (GaN) and silicon carbide epitaxy on silicon carbide substrates. The award, valued at $688,000, follows a successful first phase in which an HBT was demonstrated using GaN on 4H- polytype silicon carbide, a technological first. Sterling s partners in the development of this device are Astralux, Inc. of Boulder, Colorado and the University of Colorado at Boulder.
"The GaN/SiC HBT offers the potential for greater power densities than are currently available in similar gallium arsenide (GaAs) HBT devices," said Robert L. Soran, President and Chief Operating Officer of Uniroyal Technology Corporation. "In addition to defense radar applications, high power HBTs are being considered for a variety of future fixed and mobile wireless applications such as wireless internet, broadband data transmission and satellite-based communications systems."
Silicon carbide s unique physical and electrical properties enhance the performance of electronic devices such as high-frequency communications devices. The market for these devices is expected to grow to approximately $900 million by 2003.
Uniroyal Technology s Compound Semiconductors & Optoelectronics business segment includes Uniroyal Optoelectronics and Sterling Semiconductor, Inc. Uniroyal Optoelectronics manufactures high brightness light emitting diodes (HB-LEDs), a rapidly growing market with applications such as traffic signals, indoor/outdoor signage and automotive applications. Sterling Semiconductor is a leading producer of silicon carbide (SiC) substrates, epitaxial thin films on SiC substrates and devices for wireless communications, industrial process control, and power amplification. Well-known brand names in Uniroyal s Coated Fabrics and Specialty Adhesives segments include NAUGAHYDE(R) and NAUGASOFT(TM) in coated fabrics and, SILAPRENE(R), HYDRA FAST-EN(R) and GUNTHER ULTRA/BOND(R) in adhesives.
The Company s common stock and warrants trade on the Nasdaq/NMS under the symbols UTCI and UTCIW, respectively.
Statements made herein that are forward-looking in nature within the meaning of the Private Securities Litigation Reform Act of 1995 are subject to risks and uncertainties that could cause actual results to differ materially. Such risks and uncertainties include, but are not limited to, those related to business conditions and the financial strength of the various markets served by the Company, the level of spending for such products and the ability of the Company to successfully manufacture and market its products.
For the latest news about Uniroyal Technology Corporation, call 800-836-4014.
Contact:
George J. Zulanas Jr.,
CFO of Uniroyal Technology
Tel: 941-361-2220
or
Mark N. Tyler of TT Communications
Tel: 212-962-3690 for Uniroyal Technology
George J. Zulanas Jr.,
CFO of Uniroyal Technology
Tel: 941-361-2220
or
Mark N. Tyler of TT Communications
Tel: 212-962-3690 for Uniroyal Technology
