American Technical Ceramics Increases Presence in Europe.Business Editors HUNTINGTON STATION, N.Y.--(BUSINESS WIRE)--March 5, 2001 American Technical Ceramics Corp. (AMEX AMEX See: American Stock Exchange Symbol: AMK AMK Ammattikorkeakoulu AMK Ang Mo Kio AMK Angkor Mikroheranhvatho Kampuchea (Cambodia microfinance) AMK Angkatan Muda Keadilan (Malaysia) ), the Huntington Station-based manufacturer of component and interconnection substrate solutions for the RF, Microwave and Telecommunications industries, announced today that it has increased its direct sales and marketing presence in Europe. Operating from a distribution facility located in Kungens Kurva, Sweden, American Technical Ceramics (ATC ATC Air Traffic Control ATC Average Total Cost ATC Certified Athletic Trainer ATC At the Center (Hartford, Maine retreat center) ATC Applied Technology Council ATC All Things Considered ) is now supporting all European operations with full direct sales and distribution services. "The ATC European Operations Center is an important part of our globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation strategy. This facility gives us unprecedented access to the important European marketplace as they continue to deploy and upgrade their mobile communication networks. We will also support the customer with high caliber direct sales personnel. ATC is fortunate to have Flemming Gade, in the Nordic countries, Marc Jahnel in Central Europe (Germany, Austria and Switzerland) and Loic le Verdier in Southern Europe." Said Victor Insetta, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ATC. Victor continued, "Our globalization strategy will continue to evolve as we support our customer efforts worldwide. We share their global focus and have positioned ourselves to give them superior customer service and technical support as their products move from design, to manufacturing and deployment across the world." American Technical Ceramics Corp. (ATC) designs, develops, manufactures and markets components and Thin Film products for RF, Microwave and Millimeter - Wave applications. The Company's products are primarily focused at the wireless communications infrastructure, fiber optic, medical electronics, semiconductor manufacturing equipment and satellite communications markets. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " 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: This release may contain forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products, product demand and market acceptance risks, changes in product mix, costs and availability of raw materials, fluctuations in operating results, delays in development of highly-complex products, risks associated with international sales and sales to the U.S. military, risk of customer contract or sales order cancellation and other risks detailed from time to time in American Technical Ceramics Corp.'s filings with the Securities and Exchange Commission, including, without limitation, those contained under the caption "Item 1. BUSINESS - CAUTIONARY STATEMENTS REGARDING FORWARD - LOOKING STATEMENTS" in the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. . These risks could cause American Technical Ceramics Corp.'s actual results for future periods to differ materially from those expressed in any forward looking statements made by, or on behalf of, the Company. |
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