BTU International Finalizes Radiant Acquisition

On February 7th, the purchase and sale agreement announcement stated that the acquisition’s purchase price included $500,000 in cash and 100,000 shares of BTU common stock, of which 30,000 shares hinge on RTC’s achievement of certain non-financial performance criteria; and royalty payments on any products using the RTC technology manufactured by BTU for a 4-year period. The two companies also would enter into a supply agreement, under which RTC would continue to manufacture its products for distribution by BTU after the closing.

(March 21, 2006) Scotts Valley, CA &#8212 Carsem recently received Microsemi Corp.’s Integrated Products Group’s Supplier of The Year Award for 2005 in the Assembly and Test category, which derives its criteria from on-time delivery, yield, customer service, quality, competitiveness, responsiveness, and technology ratings in an exacting supplier rating program.


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