News
04/09/2002
Press Release
Investrend Research Announces Investment Opinion: Isonics 'Speculative Buy,'
$5.40 24 Month Target Issued by Investrend Analyst Thomas Byrne
Tuesday April 9, 11:04 am Eastern Time Press Release SOURCE: Investrend NEW
YORK--(BUSINESS WIRE)--April 9, 2002--Investrend analyst Thomas C. Byrne, MBA,
has assigned a 'Speculative Buy' and 24 month target of $5.40 on Isonics Corporation
(Nasdaq:ISON - news). The full report is available at http://www.investrend.com.
The Investrend Research rating system may be viewed at http://www.investrend.com/iciratings.htm.
An audio summary by Thomas Byrne may be accessed at AnalystBroadcast.Network
at http://viavid.com/vvasx/000004B300000000.asx. ``Starting in its fiscal 2003,
Isonics expects to become a major producer of silicon-on-insulator (SOI) wafers,
the fastest growing segment in the computer chip industry, and to turn a profit
in the 3Q (ending Jan. 2003) of the next fiscal year,'' said Byrne. ``Isonics
has three Ph.D.s in top management positions with a combined 127 years of experience
in the fields of material science engineering, and the company has spent millions
on improving the technology for isotope separation and the creation of a market
for a more pure form of silicon, known as silicon-28, that could greatly improve
the performance of semiconductor devices,'' he concluded. The company's website
is at http://www.isonics.com. Thomas C. Byrne has been an equity analyst for
16 years, and heads Byrne Investment Research. He uses a set of proprietary
valuation techniques to understand and value companies that do not pay dividends.
Previously, Mr. Byrne was Director of Research for Individual Investor Group,
and served as a portfolio advisor for two hedge funds: WisdomTree I and WisdomTree
II. Mr. Byrne also created and served as the portfolio manager for five Unit
Investment Trusts. Additionally, he was a small cap equity analyst at Standard
& Poor's, and was an analyst with International I/B/E/S, recently merged
into First Call. Mr. Byrne has an MBA in Finance from the Fordham University
Graduate School, and is currently an adjunct professor at Monmouth University,
where he teaches courses in finance and investment analysis. Investrend Research
has been a leading independent equity research publishing and distribution program
since 1996, with more than 48 AIMR-qualified professional analysts posting more
than 375 reports to date. Anyone, including a company, investor relations practitioner,
financial institution or interested private investor, may enroll a company for
coverage. Enrollment fees vary, up to $1,950 per month for full, continuous
coverage. Analysts are paid in advance for their initial reports by Investrend
to insure independence. Full details of the company's policies and guidelines
are posted on the website at www.investrend.com. Anyone interested in receiving
alerts regarding Isonics research should email info@investrend.com with ``ISON''
in the subject line. ------------------------------------------------------------
-------------------- Contact: Isonics Corporation, Golden Dr. Stephen J. Burden,
303/279-7900 sburden@isonics.com or Investor Relations Services, Inc., New Smyrna
Beach Gary Frank, 386/409-0200 ison@invrel.net or Investrend Communications,
Inc. Investrend Research Div. R. Hempel, 718/896-5060 info@investrend.com www.investrend.com