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Let’s face it, capitalism, the lifeblood of our economy, has long been the nemesis of successful implementation of green policies and their effectiveness in any given market. Its not that American companies don’t care about the environment per se, it is just that they care more about their bottom line, competitiveness and company growth. When faced with the prospect of adhering to new greener standards, many companies either fight the new standard or acquiesce more out of regard for their reputation than efficiency or philanthropy. Read the rest of this entry »

Legacy Systems Holding, Inc. (OTCBB: LGYH) provides wafer cleaning and stripping technology to the semiconductor and related industries. Under the direction of its President and CEO, Robert Matthews, Legacy has developed and patented a new, breakthrough process that employs “Green Chemistry” to produce an environmentally safe process for photoresist stripping and cleaning of any size silicon wafer. Legacy delivers its cleaning technology through its own state of the art benches that employ the latest in robotic systems, or via specially designed modules that can be integrated into existing bench technology provided by other equipment manufacturing companies.

Intel Corp and STMicroelectronics have joined forces to create a new company called Numonyx that will produce NOR, NAND and a new breed of flash microprocessors called phase change memory (PCM).

These types of memory chips are used in personal electronic devices from MP3 players to cell phones. Who better to clean these chips then our very own diamond in the ruff Legacy Holdings Inc. (OTCPK: LGYH).

LGYH already has ties to both companies making them a perfect choice for their patented green wafer cleaning technology the DryZone TM. Numonyx is scheduled to start shipping chips commercially later this year. LGYH could feel a positive impact from this joint venture as we head into Q2 of 2008.

Legacy Holdings Inc. (OTCBB PK: LGYH) is up nearly 30% thus far in trading today on news that the company “plans to register as a reporting company under the Securities Exchange Act of 1934, and apply for listing of its common stock on the Over-the-Counter Bulletin Board (OTCBB)“.

This is exactly the type of progression that we like to see out of our portfolio companies! With the uplisting anticipated to take about 90 days, Legacy is conducting a full financial audit which will shed a bit more light on its operations over the past year.

But the market seems to be quite receptive to the stock prior to audited financials becoming available. At this point, investors appear to willing to play ball just on the percieved potential of the company alone.

The company’s President and CEO Robert R. Matthews is a chemist with nearly 30 years of experience in the semiconductor industry with time spent as a process engineer at Texas Instruments (TXN NYSE) and Intel Corp. (INTC NASDAQ). Furthermore, Legacy’s award winning green chemistry related technologies provide a massive value proposition to a number of industries, particuarly the semiconductor world. So, clearly there is a great deal of upside potential here.

Who knows, maybe some audited financials will be all that it takes to move shares past a buck.

In the spirit of kicking things off on the right foot for the New Year, we are planning on taking a much more interactive approach to our CEO interviews.

First on our list is Robert Matthews of Legacy Holdings Inc. (OTCPK: LGYH).

We are taking suggestions for questions now folks. Speak now or forever hold your peace. For the record, we will leave the forum open for about a week or so.