Aeroflex Incorporated Announces Fiber Optics Orders Valued At $6.6 Million; Applications for Advanced OC-48 and OC-192 Fiber Optic Products.Business Editors PLAINVIEW, N.Y.--(BUSINESS WIRE)--June 1, 2000 Aeroflex Incorporated (Nasdaq Symbol: ARXX), announced today that its microelectronics microelectronics, branch of electronic technology devoted to the design and development of extremely small electronic devices that consume very little electric power. group has been awarded contracts totaling $6.6 million from a leading fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber systems manufacturer. The contracts are for microelectronic The miniaturization of electronic circuits. See chip. thin film subassemblies utilized in fiber optic interfaces. Deliveries are expected to take place within the next 12 months. John Buyko, Senior Vice President for Aeroflex microelectronics commented, "These new contracts are further evidence that our enabling technology satisfies the growing demand for advanced OC-48 and OC-192 fiber optic products. Our previous investments in capacity and capability have positioned Aeroflex to support our customers' stringent requirements for these advanced fiber optic products." Aeroflex Incorporated, through its subsidiaries, utilizes advanced technologies to provide state-of-the-art microelectronic module, integrated circuit integrated circuit (IC), electronic circuit built on a semiconductor substrate, usually one of single-crystal silicon. The circuit, often called a chip, is packaged in a hermetically sealed case or a nonhermetic plastic capsule, with leads extending from it for , interconnect (1) To attach one device to another. (2) A physical port (plug, socket) or wireless port (transmitter, receiver) used to attach one device to another. and testing solutions used in communication applications for commercial and defense markets. It also designs and manufactures motion control systems and shock and vibration isolation Vibration isolation is the process of isolating an object, such as a piece of equipment, from the source of vibrations. Despite construction distinctions the essence of all vibration isolation systems are similar. systems used for commercial, industrial and defense applications. (Except for historical information contained in this news release, the matters discussed are forward looking statements that involve risks and uncertainties. Among the factors that could cause actual results to differ materially are the following: the effect of business and economic conditions; the impact of competitive products and pricing; capacity and supply constraints or difficulties; product development, commercialization or technological difficulties; the regulatory and trade environment; and the risk factors reported from time to time in the Company's SEC reports.) |
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