Featured Profile...
Clean Systems Technology Group , CSTM

 
Revenue:
(for the first 9 months of 2002)
$6,189,000 Shares Outstanding: 42,766,087
Net Profit/Loss (533,000) Authorized: 110 Million
    52-week high: $1.18
    52-week low: $0.061
    Float 3.2 million
    Website: Website - CSTM
       
Team | Industry | Capabilities | Products | PR's | News | Financial | Share Info | Contact | Due Diligence | Bottom
   
Company Overview
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We are an innovator in providing total solutions for Ultra High Purity gas and chemical delivery systems from source to point of use for our clients in the multi billion-dollar processing industries.
Our vision and goal is to be a key player in this market.
Our creative solutions offer our clients lower construction and processing costs combined with the highest quality and safety standards.

Clean Systems Technology Group, Ltd., a New York corporation (the "Company" or "CSTI"), through its operating subsidiary CSTI-Hi-Tec, Ltd. ("CSTI Hi-Tec"), designs, engineers, manufactures and installs Ultra High Purity systems for transportation of gases and liquids for companies in the processing industries. CSTI provides its products and services to customers in several countries around the world including Israel, Italy, Germany, India and the Scandanavian countries. CSTI believes that its expertise and hands-on experience in the field of ultra high purity gas and chemical systems for the process industries makes it a leader in this field (See "Business - Competition"). CSTI Hi-Tec, the Company's operating subsidiary, was formed under the laws of the state of Israel in 1995.

The Company's principal executive offices are located at 4 Ashlagan St., P.O. Box 8624, Kiryat Gat 82021, Israel, phone number 011 972 8 660 2108 and its website is www.cstigroup.com.

The Company's consolidated sales for the fiscal years ended December 31, 2000 and 2001 were $5,661,000 and $10,601,000 , respectively, and its consolidated net income was $30,000 and $2,167,000 , respectively, during such periods.

   
Management Team
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Jacob Lustgarten - President
Established the FEI Company in 1993 with two partners – Fullman Co. from USA and Enco Co. from Israel. The Company mainly worked for Intel FAB- 8 in Jerusalem, Israel.
In March 1995 The Fullman and Enco Companies were purchased by Jacob Lustgarten and on that day he established CSTI

Yitchak Ben-Avi - Project Manager
He joined CSTI in January 2001
5 years experience in developing Biologic products for biological control, the position included developing products for a level of marketing and activities for the government office and public institute.

Yona Leibowitz - Chief Financial Officer
He joined CSTI in 1999. A CPA by Profession, he has 25 years of experience in managing large financial systems, both in Israel and internationally.

Yossi Orbach - Gas Systems Manager
He joined CSTI in 1996
Responsible for Gas systems in Intel and CSTI.

Yakov Appelbaum - Quality Control Manager and ISO Standard
In 1993 he joined FEI as an original member.
He was an original employee of CSTI when it was formed in 1995, where he continues to be head of QA/QC responsible for the manufacture and installation of Ultra High Systems.

   
Industry Overview
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INDUSTRY OVERVIEW

Gas manufacturing and delivery systems, such as those produced by the Company, find wide use and application in the optical fibers, metal fabrication, chemicals, pharmaceuticals, semiconductor materials and other industries. Utilizing the gas and chemical delivery and distribution systems that CSTI designs and constructs, its customers create value through improved product quality, increased productivity and the attainment of efficiency objectives.

CSTI's management has extensive expertise in the microelectronics industry, in particular, and has built a strong reputation for providing quality products and installations relating to research and development, production processing, utilities maintenance, gas production and delivery, vacuum systems and cryogenic systems. CSTI believes that it continues to be a major technological innovator in the industrial gases industry and, working with its customers, has increased the use of its industrial gases to support the manufacture and processing of products.

   
Overview of Capabilities
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CSTI has personnel with extensive knowledge, know-how and experience in the microelectronics industry in the following areas:

  • R&D processing.
  • Production processing.
  • Tools maintenance.
  • Utilities maintenance.
  • Gas delivery.
  • Vacuum systems.
  • Cryogenic systems.
  • Industrial pipe systems.
  • Move in process tools.
  • Clean Room construction.
  • Structure works.

We are able to provide our customers with products and installations at the highest level of quality & safety for the success of their processing.

   
Product Overview
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Our state-of-the art designs and innovation, backed up by a strong R&D program, provide our clients with a safe, reliable and effective way to deliver gases and chemicals.

All industries, which utilize Ultra High Pure gases and chemicals in their fabrication, require four major gas and chemical delivery systems to handle and deliver the gases and the chemicals from the source to the point of use.

Since the gases and the chemicals are pure on the one hand and can also be very dangerous on the other hand, these systems must comply with highest levels of safety and quality.

CSTI product lines provide a total solution for these four major gas and chemical systems from source to point of use.

All CSTI products are designed and manufactured utilizing the strictest safety and quality procedures that comply with ISO 9001 Rev 2000, SEMI standards, IQNETs and CE marking.

CSTI supplies its systems as shelf products and modifies them to be custom tailored to its clients specifications. Each of CSTI's products can be used as a stand-alone system for the purpose it was designed or as a total solution when packaged together at the client's request.
CSTI has recently established a new facility in Milan Italy which focuses on providing its own MCVD Process Tools to the Fiber Optics Industry. This will enable CSTI to now penetrate the fiber-optic market which is growing exponentially. It is estimated that the fiber-optics market will grow to $19.8 billion by 2004. The MCVD process tools rival those of any competitor in today's market and have demonstrated superior results and will revolutionize fiber optics fabrication.

   
Recent PRs
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Clean Systems Technology Group Ltd. expands Total Solutions offering and submits bids for new contracts totaling $35 million (Feb. 4 2003) more news
Clean Systems Technology Group Ltd. Signs New Contract in Excess of $1,000,000 and Has Commenced Work to Implement Its Technology (Feb. 4 2003) more news
Clean Systems Technology Group Ltd. Signs $25 Million Contract (Sep 19 2002) more news
Clean Systems Technology Group Ltd. Achieves Significant Milestone (Sep 5 2002) more news
Clean Systems Technology Group Ltd. to Open New Facility in Northern Israel (July 8 2002) more news
Clean Systems Technology Group Ltd. Extends Its 'Total Solution' to Include Process Tools (June 12 2002) more news

   
Recent News
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Clean Systems Technology Group Ltd. Achieves Significant Milestone (Sep 5 2002)

Clean Systems Technology Group Ltd. Achieves Significant Milestone
Enables Company to Target a Market Growing Exponentially to $19.8 Billion by 2004

http://www.cstigroup.com/newsevents_pr.asp?id=14

Clean Systems Technology Group Reports First Quarter Results (23/5/2002)
Clean Systems Technology Group Reports First Quarter Results
Increases of 58% in Gross Profit and 94% in Operating Income Compared To Q1 2001

   
Financial Reports
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Quarterly Report (SEC form 10-Q) PDF ( 20/5/2002 )
Quarterly Report (SEC form 10-K) PDF ( 25/4/2002 )
Form 8-K PDF ( 23/10/2001 )
more financial reports

   
Bloomberg Share Info
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  Share Price

   
IR Contact
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To contact us by e-mail: investor.relations@cstigroup.com

CONTACT INFORMATION
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4 Ashlagan St.
P.O. Box 8624
Kiryat Gat 82021
Martin Charles
011 972 66386703
   
 
DUE DILIGENCE
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