Sono-Tek (SOTK) Prism Media Wire·2024-10-29 11:03Company Overview - Sono-Tek Corporation is a global leader in the design and manufacture of ultrasonic coating systems, impacting various industries such as microelectronics, alternative energy, medical devices, and advanced industrial manufacturing [3][4] - The company is making significant advancements in the clean energy sector, particularly in next-generation solar cells, fuel cells, green hydrogen generation, and carbon capture applications [3] Product and Technology - Sono-Tek's product line is evolving from research and development to high-volume production machines, which feature significantly higher average selling prices, demonstrating market leadership and adaptability [4] - The company's ultrasonic coating solutions are environmentally friendly, efficient, and reliable, leading to reductions in overspray, raw material, water, and energy usage, while improving process repeatability and transfer efficiency [5] Growth Strategy - The growth strategy of Sono-Tek focuses on leveraging innovative technologies, proprietary know-how, and global reach to enhance thin film coating technologies, ultimately improving customer product outcomes [6] - The company employs a strategic distribution network that includes direct sales personnel, independent distributors, and experienced sales representatives to ensure efficient market reach across diverse sectors [4] Investor Engagement - Sono-Tek will participate in the Spartan Capital Securities investor conference on November 4th, where CEO Steve Harshbarger will present to investors [1][2]