Astro-Med Toughwriter III Printers Chosen by Boeing in Upgrade of Air Force C17 Globemaster III.Business Editors WEST WARWICK West Warwick (wôr`wĭk, –`ĭk), town (1990 pop. 29,268), Kent co., central R.I., on the Pawtuxet River; set off from Warwick and inc. 1913. Textile manufacturing remains a leading industry. West Warwick includes the village of River Point. , R.I.--(BUSINESS WIRE)--Aug. 17, 2001 Astro-Med, Inc. (ALOT ALOT Allotment ALOT Adaptive Large Optics Technologies ALOT Airborne Lightweight Optical Tracking ALOT Maybe you're looking for the two word phrase 'a lot' meaning many? ), a leading designer and manufacturer of advanced data recording systems and printers for aerospace, industrial and medical applications, today announced that Boeing and the Air Force have selected Astro-Med's new Toughwriter III as the cockpit hard copy printer for the Air Force C17 Globemaster cargo airplane and will award a development and production contract to Astro-Med valued at approximately $3.0 million. The Toughwriter III printers will print instant hard copies of all data received by the airborne crew including air traffic controller instructions, e-mail, etc. With its small footprint and all-in-one design the Toughwriter III will be installed in the cockpit of the C17 Globemaster airplane where space is at a premium. The hard copy output is in easy-to-read Postscript format, and is intended to help minimize communications misunderstandings between the cockpit crews and ground based air traffic controllers. Albert W. Ondis, 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 Astro-Med, Inc. said: "We are proud to have been chosen to furnish these advanced printers to Boeing and the Air Force. Today's increasingly crowded airspace, combined with weather disruptions make error-free ground-to-cockpit communications critical to flight safety. We are hopeful that someday some·day adv. At an indefinite time in the future. Usage Note: The adverbs someday and sometime express future time indefinitely: We'll succeed someday. Come sometime. a version of the Toughwriter III will be installed in civilian passenger and cargo aircraft A cargo aircraft is an airplane designed and used for the carriage of goods, rather than passengers. This role demands a number of features that makes a cargo aircraft instantly identifiable; a "fat" looking fuselage, a high-wing to allow the cargo area to sit near the ground, a where they will contribute to flight safety by providing flight crews with printed confirmation of vital information radioed by ground-based air traffic controllers." Astro-Med, Inc. is a leading manufacturer of high tech specialty printing systems, electronic medical instrumentation, and test and measurement instruments employed around the world in a wide range of industrial, scientific and medical applications. 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 This news release contains 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. , and actual results may vary from those expressed or implied herein. Factors that could affect these results include those mentioned in Astro-Med's FY2001 annual report and its annual and quarterly filings with the Securities and Exchange Commission. |
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