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CIRCO CRAFT CO. INC. - RECENT COMPANY DEVELOPMENT - MAJOR NEW SUPPLY AGREEMENT SIGNED WITH NORTHERN TELECOM.


MONTREAL, QUEBEC--(BUSINESS WIRE)--DECEMBER 19, 1994--CIRCO CRAFT CO. INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec.
.(ME, TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
: CCC CCC

A very speculative grade assigned to a debt obligation by a rating agency. Such a rating indicates default or considerable doubt that interest will be paid or principal repaid. Also called Caa.
) Circo Craft Co. Inc. today announced it has signed a major new agreement with Northern Telecom for the manufacture and supply of advanced printed circuit structures in 1995 to several of its divisions in Canada and the United States The United States and Canada share a unique legal relationship. U.S. law looks northward with a mixture of optimism and cooperation, viewing Canada as an integral part of U.S. economic and environmental policy. . The total value of the agreement is approximately $37 million of forecasted product requirements to be manufactured by Circo Craft.

The Company is currently manufacturing a wide range of high- technology products for Northern Telecom's telecommunications and business systems worldwide. This latest agreement extends the long-standing partnership between the two companies.

Circo Craft is Canada's leading manufacturer of high technology printed circuits, supplying advanced products and services to major original equipment manufacturers (OEMs) in the telecommunications, computer, automotive and industrial electronics industries. The Company's common shares and warrants are traded on the Montreal and Toronto stock exchanges.

CONTACT: Madeline Gareau

514/694-8400

REPEATS: New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 212-575-8822 or 800-221-2462; Boston 617-330-5311 or
COPYRIGHT 1994 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 19, 1994
Words:163
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