Saturday, November 13, 2010

Newly named GSI inks $6M Korean deal - Boston Business Journal:

http://www.brandoncebenka.com/article/Simple-Tips-to-Prevent-Flu.html
Until last month, the Mass.-based company was known as GSI Lumonics. It supplies components, laserd and machines to manufacturers inthe medical, industrial and aerospacer sectors, and employs approximately 1,200 The company did not identify the Korean manufacturert by name. GSI's WaferRepair M450 system uses pinpoinyt lasers to cut defective circuitzs in dynamic random accessmemory disks, giving DRAM makers a bettefr yield in early production runs of new DRAM disk The product was released in December, and belongs to the laseer systems product family which produced $147 milliom in sales last year, primarilt from six DRAM manufacturers.
In the first GSI (Nasdaq: GSIG) reported a $100,000 profirt on $65 million in with revenue, bookings and backlog all down from the same periods theyear before. The compant said the decreases were due to unexpected delays of orderds in its lasersystems segment.

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