Clean Systems Technology Group Announces EUR 1,500,000 Contracts in Italy
Posted on: Thursday, 6 May 2004, 06:00 CDT
Clean Systems Technology Group Ltd ("CSTI") (OTC: CSTM), a leading provider of total solutions for ultra-high pure gas and chemicals delivery systems announced today that projects in total amount of EUR 1,500,000 were signed in Italy and will start executing immediately. These contracts follow other contracts CSTI is already performing in Italy and Israel.
Mr. Jacob Lustgarten, the President of CSTI, stated, "We are very pleased to have these contracts in Italy, which contribute to our revenues and profit and will help our R&D activities of the fiber optic tools and building its prototype."
About Clean Systems Technology Group Ltd.
Founded in 1995, CSTI is a leading provider of specialized total solutions for delivery systems for ultra-high pure gas and chemicals. CSTI's total solution includes the engineering, design, manufacture, installation and servicing of these systems.
These gas and chemical delivery systems perform a mission-critical role in several multi-billion dollar industries, including micro-electronics, semiconductors, fiber optics, pharmaceuticals and biotechnology.
CSTI has offices in Israel and Italy, serving clients around the world, including in Europe, Israel, India and the USA. The company currently employs around 70 employees.
For more information, investor.relations@cstigroup.com or visit us on the Web at www.cstigroup.com.
Safe Harbor Statement
This press release contains forward-looking statements that involve risks and uncertainties. CSTM's Actual results could differ materially from those discussed in such forward-looking statements based on a variety of factors.
Contact: Clean Systems Technology Group Ltd. investor.relations@cstigroup.comwww.cstigroup.com
SOURCE: Clean Systems Technology Group
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