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UNINIROYAL TECHNOLOGY CORPORATION
ANNOUNCES SHIPMENTS OF HIGH BRIGHTNESS BLUE 2 MILLIWATT
LEDS
Sarasota,
FL, April 5, 2001 - Uniroyal Technology Corporation
(Nasdaq/NMS:UTCI) today announced that its Uniroyal
Optoelectronics (UOE) division has begun distribution
of two high brightness blue light emitting diode (LED)
products.
UOE's
450nm and 470nm high brightness blue LED die products
have a minimum power output of 2 milliwatts in die form
which, when conventionally packaged, is expected to
result in packaged lamp power levels between 4 and 5
milliwatts. Both LED products combine indium gallium
nitride (InGaN) materials on sapphire substrates producing
higher efficiencies. The 450nm product is widely used
by packagers and lighting designers for "white" light
by incorporating a phosphor coating in the packaging
design. Applications for this product include flashlights,
nightlights, and other unique designs. The 470nm product
is used in applications such as outdoor video displays,
biomedical applications and instrumentation.
"Uniroyal
Optoelectronics is producing increasingly higher quality
products from its Tampa facility and we are excited
by the progress of our Optoelectronics team. In less
than two years since the completion of the clean rooms
in our facility, we have developed LED products with
brightness levels reaching or exceeding the products
currently on the market," said Robert L. Soran, President
and Chief Operating Officer of Uniroyal Technology Corporation.
The
demand for high brightness LEDs, according to industry
sources, grew 54% in 2000 and is expected to continue
to grow substantially for the next several years. "We
understand the demand for high brightness blue and green
LED products and have taken steps to ensure Uniroyal's
participation in this rapidly growing market," stated
Mr. Soran. "We recently doubled the capacity for high
brightness blue and green LED products at our Tampa
facility and have developed a world-class research team.
We are also nearing completion of the build out of additional
capacity for high brightness LED products."
Uniroyal
Technology's Compound Semiconductors & Optoelectronics
business segment includes Uniroyal Optoelectronics,
Sterling Semiconductor, Inc., and NorLux Corp. 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 is developing
SiC devices for wireless communications, industrial
process control, and power amplification. NorLux Corp.
specializes in the design and manufacture of custom
lighting solutions utilizing light emitting diodes (LEDs).
Well-known brand names in Uniroyal's Coated Fabrics
and Specialty Adhesives segments include NAUGAHYDE®
and NAUGASOFT™ in coated fabrics and, SILAPRENE®, HYDRA
FAST-EN® and GUNTHER ULTRA/BOND® in adhesives.
The
Company's common stock and warrants trade on the Nasdaq/NMS
under the symbols UTCI and UTCIW, respectively.
Contact: George J. Zulanas, Jr., CFO, Uniroyal 941-361-2220;
Mark N. Tyler, TT Communications 212-962-3690
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.
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