CYBEROPTICS CORPORATION DISCUSSES CAPITAL EQUIPMENT MARKET AT ANNUAL MEETING.MINNEAPOLIS--(BUSINESS WIRE)--May 14, 1996-- CyberOptics Corporation (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 : CYBE) discussed the worldwide electronics market at its annual meeting this afternoon. "While the long-term outlook for the marketplace remains excellent, the market in 1996 is inconsistent compared to the robust environment we experienced in 1995," stated Steven K. Case, CyberOptics' President. "The trends that have fueled our growth, including expansion of electronics technology into telecommunication telecommunication Communication between parties at a distance from one another. Modern telecommunication systems—capable of transmitting telephone, fax, data, radio, or television signals—can transmit large volumes of information over long distances. , automotive, computer, consumer technology and industrial products and the demand for miniaturization min·i·a·tur·ize tr.v. min·i·a·tur·ized, min·i·a·tur·iz·ing, min·i·a·tur·iz·es To plan or make on a greatly reduced scale. min of such technology, continue to be strong. Nevertheless, in 1996 the increases in orders from some of our OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and customers have been accompanied by decreases in orders from others. As the torrid pace that we experienced in 1995 has slowed, our visibility to the end-user demand has decreased," noted Dr. Case. CyberOptics is a pioneer in the field of non-contact process control and measurement. The company's intelligent sensors An intelligent sensor takes some predefined action when it senses the appropriate input (light, heat, sound, motion, touch, etc.). Description The sensor has to do the following tasks:
CONTACT: CyberOptics Corporation Kent Lillemoe, V.P. Finance & Administration 612/542-5000 612/542-5103 (fax) |
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