ATMI Inducted Into Small Business Innovation Hall of Fame
February 23 2011 - 12:28PM
ATMI, Inc. (Nasdaq:ATMI) today announced that the company was
inducted into the inaugural Small Business Innovation Research
(SBIR) Hall of Fame on February 15th in Washington, D.C. An
official ceremony followed at the White House, where Company
co-founder and former CEO/Chairman of the Board, Dr. Gene Banucci,
accepted the award on behalf of ATMI.
The SBIR program nurtures the Nation's small, high-tech,
innovative businesses that form a significant part of the federal
government's research and development efforts. Its Hall of Fame,
introduced this year, recognizes companies that have made advances
in technological innovation, economic growth, and created new
jobs.
In his remarks at the ceremony, Dr. Banucci credited the SBIR
program with providing the catalyst for both the creation and
growth of ATMI, commenting, "Without the SBIR Program, ATMI would
not have been able to become the public company it is today, with
market leadership positions and over $350 million in annual
revenues. The funding that we received under the SBIR Program has
been paid back to the government more than ten-fold in taxes alone,
and has led to the creation of literally hundreds of sustainable
jobs."
Dr. Banucci and four other scientists started ATMI in 1986 using
early funding that came through SBIR grants, allowing ATMI to
create innovative products and build the credibility it needed to
enable additional funding from other sources. During its formative
years, the company received a total of 182 SBIR grants. Now, as it
approaches its 25th anniversary, ATMI is a global leader in
specialty semiconductor materials and packaging products, is
currently emerging as a leader in single-use technologies for the
life sciences industry, and is a publicly traded company with close
to 800 employees and facilities throughout the United States, Asia,
and Europe.
Without the early and subsequent funding, ATMI would not have
been able to produce innovative solutions to solve process
challenges in the semiconductor industry, which ultimately enabled
advances in technology and electronics, further driving economic
development and even saving lives. One of these solutions was its
Safe Delivery Source (SDS®) technology, which eliminated accidents
and deaths that were resulting from errors in handling, or damage
to, high pressure cylinders containing highly-toxic gases. It is
common for dangerous gases, such as arsine and phosphine, to be
used in the making of computer chips. ATMI's SDS cylinders use an
intrinsically safe technology which stores and delivers these gases
at pressures below atmospheric levels which removes the high
pressure risk and avoids catastrophic gas leaks. In over 17 years
of delivering SDS cylinders to the semiconductor market, there has
not been a single, reportable event.
In addition to ATMI, a further seven firms were inducted into
the inaugural SBIR Hall of Fame, including: A123 Systems –
Watertown, Mass.; Advanced Ceramics Research (BAE Systems) –
Tucson, Ariz.; iROBOT Corp. – Bedford, Mass.; MARTEK Corp. –
Columbia, Md.; Qualcomm, Inc. – San Diego, Calif.; Symantec -
Mountain View, Calif.; and ViaSat, Inc. – Carlsbad, Calif.
For more information regarding the SBIR and funding available,
please visit: http://www.sbir.gov.
About ATMI
ATMI, Inc. provides specialty semiconductor materials, and
high-purity materials handling and delivery solutions designed to
increase process efficiencies for the worldwide semiconductor, flat
panel, and life sciences industries. For more information, please
visit http://www.atmi.com.
The ATMI, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5254.
ATMI, the ATMI logo, and SDS are trademarks, or registered
trademarks, of Advanced Technology Materials, Inc., in the United
States, other countries or both.
Statements contained herein that relate to ATMI's future
performance, including, without limitation, statements with respect
to ATMI's anticipated results of operations or level of business
for 2010 or any other future period, are forward-looking statements
within the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Such statements are based on current
expectations only and are subject to certain risks, uncertainties,
and assumptions, including, but not limited to, changes in
semiconductor industry growth (including, without limitation, wafer
starts) or ATMI's markets; competition, problems, or delays
developing, commercializing and delivering new products; problems
or delays in integrating acquired operations and businesses;
uncertainty in the credit and financial markets; and other factors
described in ATMI's Form 10-K for the year ended December 31, 2010,
and other subsequent filings with the Securities and Exchange
Commission. Such risks and uncertainties may cause actual results
to differ materially from those expressed in our forward-looking
statements. ATMI undertakes no obligation to update any
forward-looking statements.
CONTACT: Headquarters:
Dean Hamilton
Director, ATMI Investor Relations & Corporate Communications
Tel + 1 203 207 9349, Direct
Tel + 1 203 794 1100 x4202
dhamilton@atmi.com
Media Contact - Impress PR
Mark Button
Agency Vice President
Tel + 1 503 616 3817
mark@impress-pr.com
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