Astro-Med Wins Contract for Cockpit Printers from Boeing.Business Editors/High-Tech Writers 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)--Dec. 8, 2003 Astro-Med, 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 :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, announced today that it has signed a contract with Boeing to furnish fur·nish tr.v. fur·nished, fur·nish·ing, fur·nish·es 1. To equip with what is needed, especially to provide furniture for. 2. cockpit printers for the C-130 aircraft program. Astro-Med is now Boeing's supplier of printers for both the C-17 and C-130 aircraft. Astro-Med's model TW-3 ToughWriter is a ruggedized thermal printer See direct thermal printer and thermal wax transfer printer. designed to print hard copies of all data received by the airborne crew including air traffic controller instructions, communication information, weather maps, airport maps, and other documents on demand. The hard copy output helps minimize communication errors between the cockpit crews and ground based air traffic controllers. With a standard 8-1/2" wide paper format, the ruggedized printer utilizes PostScript(R) printer language. Commenting on the contract, Everett V. Pizzuti, President and COO of Astro-Med, stated: "The contract will cover the requirements for C-130 cockpit printers beginning in 2004 and continuing through the year 2013. Shipments under the new contract will begin in late 2004. We estimate the value of the contract to be approximately $6 to $9 million dollars. This contract continues and solidifies the long standing relationship between Astro-Med and Boeing covering ToughWriter printers, ruggedized hubs, and data acquisition recording systems." 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 FY2003 annual report and its annual and quarterly filings with the Securities and Exchange Commission. |
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