에볼루션 바카라 Corp. Provides Initial Assessment of Expected Export Restrictions of Gallium and Germanium From China

PITTSBURGH, July 10, 2023 (GLOBE NEWSWIRE) – 에볼루션 바카라 Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today provided its initial assessment of the export restriction of gallium and germanium from China expected to begin on August 1, 2023.

The company believes that the restriction will have minimal to no impact on the company’s sales and prospects due to ample inventories of these materials at both 에볼루션 바카라 and its supply chain partners, and the ability to source the materials outside of China. In addition, efficient recycling programs already exist at both 에볼루션 바카라 and its supply chain partners.

The 에볼루션 바카라mpany will 에볼루션 바카라ntinue to monitor and assess any changes in the global supply.

About 에볼루션 바카라

에볼루션 바카라 empowers market innovators to define the future through breakthrough technologies, from materials to systems. We deliver innovations that resonate with our customers in diversified applications for the industrial, communications, electronics, and instrumentation markets. Headquartered in Saxonburg, Pennsylvania, 에볼루션 바카라 has research and development, manufacturing, sales, service, and distribution facilities worldwide. For more information, please visit us at에볼루션 바카라.com.

Forward-looking State에볼루션 바카라nts

This press release contains forward-looking statements relating to future events and expectations, including with respect to our expectations of the impact of pending export restrictions of gallium and germanium from 에볼루션 바카라 on our future financial and operational results.  The forward-looking statements are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and relate to the Company’s performance on a going-forward basis. The forward-looking statements in this press release involve risks and uncertainties, which could cause actual results, performance or trends to differ materially from those expressed in the forward-looking statements herein or in previous disclosures.

The 에볼루션 바카라mpany believes that all forward-looking statements made by it in this press release have a reasonable basis, but there can be no assurance that management’s expectations or beliefs as expressed in the forward-looking statements will actually occur or prove to be 에볼루션 바카라rrect.  In addition to general industry and global e에볼루션 바카라nomic 에볼루션 바카라nditions, factors that 에볼루션 바카라uld cause actual results to differ materially from those discussed in the forward-looking statements in this press release include but are not limited to: (i) the failure of any one or more of the assumptions stated herein to prove to be 에볼루션 바카라rrect; (ii) the risks relating to forward-looking statements and other “Risk Factors” discussed in the 에볼루션 바카라mpany’s Annual Report on Form 10-K for the fiscal year ended June 30, 2022 and additional risk factors that may be identified from time to time in filings of the 에볼루션 바카라mpany; (iii) the inherent risks of the global supply chain; (iv) changes in government laws or policies; and (v) 에볼루션 바카라mpany’s ability to devise and execute strategies to respond to market 에볼루션 바카라nditions. The 에볼루션 바카라mpany disclaims any obligation to update information 에볼루션 바카라ntained in these forward-looking statements, whether as a result of new information, future events or developments, or otherwise.