To Our Important Customers and Industry Partners, As the COVID-19 pandemic continues to affect us all in unprecedented ways, we at Sono-Tek wanted to update you on our status. As a New York State “Essential Business” we remain operational. Our robust digital management system implemented in all departments over the past several years has allowed…
Preliminary Net Income Is Expected to Reach ~$1.0 Million, a 5-Fold Increase MILTON, N.Y., March 24, 2020 – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced preliminary financial results for the fiscal year ended February 29, 2020. Preliminary sales for the twelve months ended February 29, 2020 were…
Performance and Cost Benefits of Sprayed EMI Shielding Expected to Drive Market Growth MILTON, N.Y., January 7, 2020 — Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced a new ultrasonic coating system, the FlexiCoat EMI, specifically designed for conformal spraying of EMI (Electromagnetic Interference) shielding material onto semiconductor packages. FlexiCoat EMI…
Sono-Tek Corp. (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it has retained PCG Advisory Inc., a leading investor relations and digital strategies firm, to serve as an advisor for investor relations and strategic communications. Sono-Tek is the leading provider of ultrasonic coating systems for medical devices, semiconductors and…
Highest Quarterly Sales in Company history of $3.35 million Record high backlog of $4.17 million Second quarter gross margin 46.2% Achieved net income of $115,000 versus $59,000 in second quarter FY2019 Second quarter revenues increased 19% vs last year, with 15% – 25% growth expected for Fiscal 2020 MILTON, N.Y., October 14, 2019 – Sono-Tek…
MILTON, N.Y. and Durham, N.C. September 20, 2019 /PRNewswire/ — Sono-Tek Corporation (OTCQX:SOTK) is pleased to announce that Sono-Tek has entered into an agreement with Avior Bio Incorporated for Sono-Tek ultrasonic coating equipment to be used in the Avior product development and future manufacturing process. Avior Bio procured Sono-Tek’s medical device coating machine which will…
Management presentation highlights strong growth and expansion plans MILTON, NY, August 22, 2019 – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, announced the results of shareholder voting on the four proposals presented at the Company’s Annual Meeting of Shareholders held today. At the meeting, the Company’s shareholders: Re-elected Dr.…
MILTON, N.Y., July 30, 2019 – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, announced a business development project to expand its Milton, NY facilities with participation and financial incentives from Empire State Development (ESD) and Central Hudson Gas & Electric grants. The proposed expansion planned by Sono-Tek will consist of…
– Record high backlog of $4,024,000 – First quarter gross margin was 46% – Achieved net income of $25,000, up 19% – Company expects second quarter revenues to increase 15-20% vs last year, with further growth expected in the third quarter “The first quarter of FY2020 showed the expected 5% revenue growth, along with a…
A patent in the US has been granted to Exel Industries, parent company of Sames Kremlin, who partnered with Sono-Tek to develop the Ultrastatic Enhanced Spray Coating Technology. Other patents are still pending in China, Korea, Japan and the EU. As part of the agreement between Sames Kremlin and Sono-Tek, Sono-Tek has an exclusive license…
