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JMAR, Laurus Fund Enter Finance Agreement

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SAN DIEGO, March 18 -- JMAR Technologies Inc., a developer of advanced lasers, Collimated Plasma Lithography (CPL) systems and semiconductor production services, announced yesterday it has entered into a $5 million financing agreement with Laurus Fund, a New York City-based equity fund that specializes in providing financing to growing, small and mid-capitalization companies. JMAR said it will use the funds to meet its working capital requirements and to support commercialization of its CPL technology. JMAR's operations include its laser and laser-produced plasma Research Division in San...Read full article

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    Published: March 2003
    defenseindustrialNews & Features

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