SHELDAHL <SHEL> IN AGREEMENT WITH SUMITOMO
Sheldahl Inc said it signed
the previously announced agreements with Sumitomo Bakelite Co
Ltd, Tokyo, Japan, providing for a joint participation program
for manufacturing flexible circuits and circuitry components.
    Under terms of the agreement, each company granted the
other a license to use flexible circuit and related technology.
    As part of the transaction, Sumitomo Bakelite has purchased
10 pct, or 325,000 shares of Sheldahl common stock. In
addition, Sheldahl will be a minority holder in Sumitomo's next
flexible circuit manufacturing operation in Japan.
 Reuter
