Printer Friendly
The Free Library
14,815,112 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Aeroflex Incorporated Test Solutions Group Receives Order for Over $2 Million for FS-1000'S.


Business Editors/High-Tech Writers

PLAINVIEW, N.Y.--(BUSINESS WIRE)--Sept. 9, 2003

Aeroflex Incorporated (Nasdaq: ARXX), today announced that its Plainview division received an order for over $2 million dollars for FS-1000's from a major semiconductor test equipment manufacturer. Delivery is scheduled over the next five months.

The Aeroflex FS-1000 RF Source represents a milestone in Synthesizer synthesizer

Machine that electronically generates and modifies sounds, frequently with the use of a digital computer, for use in the composition of electronic music and in live performance.
 development and reflects years of design experience in Fast Switching Synthesis. The capabilities of Aeroflex's Synthesizers include Extremely Low Phase Noise, Fast Switching, Multi-Channel Synthesizers for ATE and also for Frequency Agile ag·ile  
adj.
1. Characterized by quickness, lightness, and ease of movement; nimble.

2. Mentally quick or alert: an agile mind.
 Radar.

"We are very pleased that our major customer for the FS-1000 has seen a pick-up in business and has worked off their inventory. We believe this is evidence that the semiconductor test industry is beginning to rebound from the slump it has been in since 2001. We expect to see orders of this magnitude from them every four to six months," said Len Borow, Executive Vice President & Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of Aeroflex.

About Aeroflex

Aeroflex Incorporated, through its subsidiaries, designs, develops and manufactures 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 broadband communication applications. The Company's common stock trades on the Nasdaq National Market System under the symbol ARXX and is included in the S&P SmallCap 600 index. Additional information concerning Aeroflex Incorporated can be found on the Company's Web site: www.aeroflex.com.

All statements other than statements of historical fact included in this press release regarding Aeroflex's financial position, business outlook, business strategy and plans and objectives of its management for future operations are forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
. When used in this press release, words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to Aeroflex or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of Aeroflex's management, as well as assumptions made by and information currently available to its management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, including but not limited to, competitive factors and pricing pressures, the integration of the business of each of MCE See Media Center Edition.  Technologies and of the Racal Instruments Wireless Solutions Group with Aeroflex, changes in legal and regulatory requirements Regulatory requirements are part of the process of drug discovery and drug development. Regulatory requirements describe what is necessary for a new drug to be approved for marketing in any particular country. , technological change or difficulties, product development risks, commercialization difficulties and general economic conditions. Such statements reflect our current views with respect to the future and are subject to these and other risks, uncertainties and assumptions relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 Aeroflex's financial condition, results of operations, growth strategy and liquidity. Aeroflex does not undertake any obligation to update such forward-looking statements.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Sep 9, 2003
Words:427
Previous Article:Statement Regarding ERS of Hawaii Settlement With Quovadx, Inc.
Next Article:Ciprico Showcases DiMeda NAS Storage Solutions at IBC 2003.
Topics:



Related Articles
Aeroflex Incorporated Extends Existing Credit Facility.
Aeroflex Incorporated Receives Test Equipment Orders Aggregating $4.1 Million Supporting SINCGARS Radios.
Aeroflex Incorporated Announces Radiation-Hardened ASICs Order Valued at $6.5M.
Aeroflex Incorporated's Racal Instruments Wireless Solutions Group Wins $1.8 Million Orders For EGPRS And AMR Conformance Test Systems.
Aeroflex Incorporated Signs Licensing Agreement with Navigation Laboratories Inc.
Aeroflex Incorporated Receives Test Equipment Orders Aggregating $5.8 Million Supporting SINCGARS Radios.
Aeroflex Incorporated Receives Test Equipment Orders Aggregating $5.9 Million for RCTS-003 Life Support Radio Test Sets.
New 20 GHz Measurement System from Aeroflex Streamlines Mixer and Frequency Converter Testing; Speeds up Device Development, Tuning, Setup and...
Aeroflex Incorporated Receives Test Equipment Orders Aggregating $13.6 Million to Support Military Communications Market.
Aeroflex Incorporated Receives Order for $5.0 Million for High-Reliability Semiconductor Products.

Terms of use | Copyright © 2010 Farlex, Inc. | Feedback | For webmasters | Submit articles