MILTON, NY – Sono-Tek Corp. today announced sales of more than $2.1 million for the fourth quarter, ended Feb. 28, up 32% year-over-year.
This quarter’s sales are the largest in the firm’s history, following a third-quarter record of nearly $2 million.
The company says its 2009 sales will hit $7.24 million, also a record, up 13% over last year.
“We are pleased to see substantial growth in clean energy markets such as fuel cell and solar energy coating equipment, strong results in glass and medical markets, where we reported our largest single order earlier in the year, and the beginning of a recovery in our electronics market,” said Dr. Christopher L. Coccio, Sono-Tek’s chairman and CEO.
Sono-Tek develops and manufactures liquid spray products.
AUSTIN, TX – Freescale Semiconductor has filed multiple lawsuits against Panasonic, JVC and Funai Electric, alleging illegal use of its intellectual property.
In the suits, Freescale cites failures by the firms to renew license agreements, and seeks to bar their products from being imported into the US.
The suits were filed in US District Court in Austin and with the US International Trade Commission.
Products potentially impacted by the suits include TVs, memory cards, video cameras, digital cameras and media players, such as Blu-ray DVD players.
The trade commission lawsuit also names several retailers, including Best Buy, B&H Foto & Electronics, Wal-Mart, QVC and Buy.com.