Kon-Lin Letter Spotlights Cryocon as Technology Leader
19 July 2000
Kon-Lin Letter Spotlights Cryocon as Technology Leader
OGDEN, Utah - Cryocon, Inc.'s Deep Cryogenic Tempering process for improving the wear and performance of many different types of material used industry-wide was described in a recent issue of Kon-Lin Research & Analysis Corp.'s The Kon-Lin Letter as "a cost-effective technology whose time has come.""Through extensive research and development, Cryocon (OTC BB:ISOB) has revolutionized cryo-technology by identifying and patenting optimal Deep Cryogenic Tempering treatment profiles for most tool types, metals and alloys," according to Konrad Kuhn, editor of the Kon-Lin Letter. "With unmatched expertise and institutional experience, Cryocon is the industry's premier provider of DCT equipment, services and research that will lead the way." The company also is a pioneer in the research and development of cryo-technology applications for many nonmetallic materials such as plastics, polymers and glass.
In deep cryogenic tempering, the molecular structure of a material is realigned by cooling it to minus 300 F and then heating it to plus 175-1,100 F. The computerized process produces a material that is stronger and thus more resistant to wear. Treated materials show dramatic increases of 50-500% in wear-resistance, machinability, thermal stability, durablity and dimensional stability, Kuhn pointed out in his profile of Cryocon. "These factors lower cost and increase profitablity," he said.
The company's Cryo-Accurizing Division was awarded a patent in 1999 for processing firearms with the deep cryogenic process. More than 150 state, regional, national and world records are held by sport shooters whose firearm barrels have been treated with the process. Cryo-Accurizing is a computer-controlled scientific dry process that relieves stress in firearm barrels. Stresses cause a barrel to bend or warp as it heats up from repeated use. After the Deep Cryogenic Tempering process, that barrel is impervious to these stresses and exhibits improved accuracy and extended life.
Cryocon is in negotiations for contracting or letters of intent with numerous customers in the aerospace, mining, power generation, lumber, micro-circuitry, steel stamping, motor sports, and paper and plastics industries. The company has initiated research and could begin producing an exclusive line of standard and custom cryogenic processing units by the end of this year.
The Kon-Lin Letter reported the stock recently broke out of a long-term trading base at the 1/2 to 3/4 level. Kuhn thinks Cryocon could become profitable in the current fiscal year ending March 31, 2001 and achieve revenues of $50-60 million in the following year.