H.C. Starck Inc. and Comet Network Co., Ltd. Solidify Supply Relationship

GOSLAR, Germany -

H.C. Starck Inc., Newton, MA announces its ongoing commitment to provide refractory metals for sputtering targets used in the production of LCD flat panel display screens. H.C. Starck Inc. recently signed a long-term supply agreement with Comet Network Co., Ltd, Seoul, South Korea to provide these materials for sputtering targets from its production facilities in Euclid, OH. The Euclid facility has committed additional capital spending to increase its capacity in anticipation of growth resulting from the agreement.

Richard McCorry, President and CEO of H.C. Starck Inc. and its Fabricated Products Business Unit said, “This agreement is a clear indication of the strength of Korea’s electronics industry, even in these difficult economic times, and we are pleased to be able to support the continued growth of Comet in its business activities.”

Terry Shin, CEO of the Comet Group added, “We value H.C. Starck and its Fabricated Products Business Unit as a reliable supplier for delivery of these crucial high quality materials, and look forward to a long and mutually beneficial cooperation.”

Additionally, Comet Network has an interest in the conductive polymers, produced and sold by H.C. Starck Clevios GmbH in Leverkusen. The CLEVIOS(TM) material and its derivatives pave the way for innovative solutions and new products for the electronics industry. Both parties confirmed their intention to expand the scope of their present business relations.

Comet Network is a leading sputtering target manufacturer in Korea and supplies both LG Display and Samsung Electronics with various sputter targets such as Molybdenum, Molybdenum alloy, Copper and Aluminum for the production of flat panel display screens.

H.C. Starck is diverse in thin film market applications including LCD flat panel displays, photovoltaic solar cells, integrated circuits, data storage and optical coatings, and strives to provide high quality, uniform coatings while ensuring cost effective target utilization.

Specializing in processing refractory metals, H.C. Starck is able to successfully meet the steadily increasing demands of the electronics, energy, aerospace, medical, chemical processing, and automotive industries through its extensive research activities. It offers tailor-made product solutions, geared to the needs of its customers.

Internet: www.hcstarck.com

Source: H.C. Starck GmbH

Andrew Towey, V.P. of FPR Global Marketing, H.C. Starck Inc., +1-617-630-5810, Fax, +1-617-630-5807, andrew.towey at hcstarck.com