Astro-Med Wins Order from Airbus for Everest Recorders.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)--April 28, 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? ), announced today that Airbus S.A.S. in France has awarded a contract to design and build special Everest Data Acquisition Recorders for use in the development of the Airbus A380 aircraft, the world's largest passenger airplane. The contract involves special engineering to design a version of the Everest that can be flown in the aircraft. This requires the Everest to be "ruggedized" to withstand the effects of high altitudes Conventionally, an altitude above 10,000 meters (33,000 feet). See also altitude. , extreme high and low temperatures, and the shock and vibration encountered in flight testing. Astro-Med is working closely with the Airbus engineers to develop the product which will be delivered beginning this Fall and continuing into early next year. Airbus and Astro-Med have had a long history, dating back to the early '80's when Astro-Med furnished a number of special eight channel recorders for use in the flight testing of many of the early Airbus aircraft. Airbus S.A.S. is a leading aircraft manufacturer that consistently captures around half of all orders for airliners with more than 100 seats. Their product line-up, which covers a full spectrum of 12 aircraft models from a 100-seat single-aisle to the largest civil airliner ever, the double-deck A380, defines the scope of their core business. Everett V. Pizzuti, Astro-Med President stated: "It is gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. that Airbus still recognizes the superiority of our products, and has selected the Everest Data Acquisition Recorder for rugged on-board flight tests. This is a significant order, as it is further evidence that the Everest has become the worldwide standard in data acquisition recorders for the aviation industry. Interestingly, we are also the major supplier of similar products to Boeing, Airbus' major competitor." Astro-Med, Inc. is a leading manufacturer of test and measurement instruments, high tech specialty printing systems, and electronic medical instrumentation 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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