MEMSCAP releases Q3 revenues

Nov. 1, 2002 — MEMSCAP S.A. (Euronext: MEMS), a MEMS provider based in Grenoble, France, announced third quarter revenues of $1.29 million, versus $0.99 million for the same period last year. The company did not release information about earnings or losses.

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It also reported that shareholders approved the acquisition of the Cronos MEMS division from JDS Uniphase by a large majority, and that it has completed the financing of its new MEMS fabrication facility in Bernin, France.

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