Wow the market is getting killed today. But so far lgyh is up 0.09. But on low volume. Hopefully the volume will start to pick up.I got this today:
Without the availability of sufficient government incentives in many industries, a growing number of companies are now faced with a very difficult decision: protect the environment or protect corporate profits.
Despite the plethora of measurable environmental benefits associated with "Going Green", most organizations are still struggling to make a viable ROI case for doing so. A lack of practical solutions in a number of vertical markets further exacerbates the problem.
Capitalists and Environmentalists Agree
LGYH LogoIn response to this trend, companies like Legacy Systems Holdings Inc. (OTC PK: LGYH) are developing offerings that are friendly on both the wallet and the environment. With the vision to become the leading U.S. wet process supplier by 2011, the company is a frontrunner in the "Green Chemistry" movement within the silicon wafer world and has already attracted the attention of Applied Materials, Micrel Inc., and Tyco International.
For the record, LGYH provides wafer cleaning etching and photoresist stripping equipment and process technology to the semiconductor and related industries such as Solar Cells, Flat Panel Display's, and Light Emitting Diodes. Translated into English, Legacy has developed breakthrough technologies and products that help clean silicon wafers faster and in a more efficient and environmentally friendly manner than ever before.
Legacy Holds the ONLY U.S. EPA Green Chemistry Award in its Field
EPA LogoLegacy's expertise is evidenced by it being the only semiconductor equipment company to ever receive the prestigious U.S. EPA Green Chemistry Award. The founder and CEO, Robert R. Matthews, is a chemist with nearly 30-years of experience in the semiconductor industry. A number of these years were spent as a process engineer with Texas Instruments and Intel. Mr. Matthews has developed and patented a revolutionary technology that employs "Green Chemistry" to produce an environmentally safe process for cleaning silicon wafers of any size. This includes and is largely focused on the 32-nm chip, the industry's state-of-the art technology and a major focus of semiconductor manufacturers of all size.
Revolutionary Products with Widespread Appeal
Green Chemistry TubeLegacy's patented products have gained exposure in recent years for their ability to facilitate tremendous improvements to the existing silicon wafer cleaning processes employed by today's leading semiconductor players. Legacy's patented technology helps adopters slash production costs by eliminating the use of toxic (sometimes referred to as piranha) solutions and reducing the overall usage of water in the cleaning process. By employing the company's "Green Chemistry" technology, users can forget about shelling out big bucks to remove toxic waste and/or pay hefty government imposed fines for not properly disposing.
In regards to the value-proposition that Legacy's "Green Chemistry" technologies demonstrate to the semi-conductor world; it has improved the removal of oxide by 92%. This in turn, reduces the cost of consumable materials including harmful chemicals used in wafer cleaning by 22%. Furthermore, the process has improved wafer- processing time by 200% while at the same time beating the industry standards for particles left on the wafer by 76%. Now that's an improvement!
Now to be quite honest, not much of this means a whole lot to you or me. Sure these wafer chips are being cleaned better and with less waste (that is non- toxic) but if you were to ask me what a wafer chip was a month ago, I would have immediately thought of Nabisco's deliciously non-toxic Wheat Thins! So while Legacy's product is impressive to us (well, as impressive as wafer chip cleaning can be), what we really like are the fundamental components of LGYH as a company. Let's recap. . .
1. Legacy has top-notch, industry-seasoned management.
2. Legacy has contracts with leading computer companies like Intel and Applied Materials - the biggest of the big dogs.
3. And Legacy has a revolutionary product that is not only in extreme demand but also progressive and in line with a major trend.
If you ask me (and many other analysts in the market today), these are the true makings of a company with places to go.
