Aavid Thermal Technologies Opens Facility; Operations Dedicated to Thermal Solutions for the Microprocessor Market.CONCORD, N.H.--(BUSINESS WIRE)--Sept. 9, 1997--Aavid Thermal Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AATT AATT Advanced Air Transportation Technologies (NASA air traffic control project) AATT Advanced Aviation Transportation Technology AATT Advanced Air Traffic Technologies (US FAA) AATT Absolute Arrival Time Technique ) announces the opening of a Manchester, New Hampshire This article is about the city in New Hampshire. For other uses, see Manchester (disambiguation). Manchester is the largest city in the U.S. state of New Hampshire and the largest city of northern New England, an area composed of Vermont, New Hampshire and Maine. facility dedicated to developing thermal solutions for the computer market. The new 47,000 square foot facility at 200 Perimeter Road will house manufacturing, engineering and sales operations. The Manchester facility is less than an hour away from Aavid's largest manufacturing site in Laconia, New Hampshire Laconia is a city in Belknap County, New Hampshire, United States. The population was 16,411 at the 2000 census. It is the county seat of Belknap County.GR6 Laconia, situated near Lake Winnipesaukee, includes the villages of Lakeport and Weirs Beach. and the headquarters of its Fluent software operations in Hanover, New Hampshire Hanover is a town located on the Connecticut River in Grafton County, New Hampshire, United States. The population was 10,850 at the 2000 census. It is best known as the home of Dartmouth College. . According to Aavid Chief Executive Officer Ronald F. Borelli, "This is an excellent location. It's close to our major North American operations, allowing us to draw on their expertise when we need to. It is also near to the airport, which is a great convenience, since the majority of our customers for thermal solutions for microprocessors in computers are outside the region. "The new facility helps us to support our customers in the computer industry, who often face volatile market demands and short product cycles, without disrupting our efforts in our current plants to meet our other customers' thermal solution needs," Borelli concluded. Company Background Aavid Thermal Technologies is a leading provider of thermal management solutions for dissipating potentially damaging heat from digital and power electronics. Aavid serves a highly diversified range of markets, principally in North America, Europe and the Far East. 1996 sales, which totaled approximately $107 million, were driven by the principal industries served by Aavid including: modeling and analysis software; computer; industrial; communication; and instrument (including power supplies). Aavid's thermal products division is evolving from a North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. thermal component manufacturer, to a worldwide total solutions provider. Aavid is also the world leader in sophisticated flow modeling and analysis software. Design engineers use Fluent's CFD CFD - Computational Fluid Dynamics (computational fluid dynamics Computational fluid dynamics The numerical approximation to the solution of mathematical models of fluid flow and heat transfer. Computational fluid dynamics is one of the tools (in addition to experimental and theoretical methods) available to solve ) based software to optimize the design of products and manufacturing processes in a wide range of industries including combustion, chemical process, electronics, aerospace and food processing. The Fluent software provides detailed computer models of products in development in detail, faster than physical prototyping and testing, for less money, and with lower risk than traditional practices involving iterative design, prototype and test cycles. Additional information on Aavid Thermal Technologies is available on the World Wide Web at http://www.aatt.com -0- "Safe Harbor" Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 Matters discussed in this news release contain forward looking statements that involve risks and uncertainties including, but not limited to, economic conditions in the semiconductor market, product demand and industry capacity, competitive products and pricing, and other risks indicated in Aavid's filings with the Securities and Exchange Commission. CONTACT: Aavid Thermal Technologies Patrick Riley 603-224-1117 riley@aavid.com or Miller/Shandwick Technologies Lee Kemmler 617-536-0470 lkemmler@miller.shandwick.com |
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