Corporate Profile for Parlex, dated March 21, 1997.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: March 21, 1997
Company Name: Parlex Corp.
Address: 145 Milk Street
Methuen, MA 01844
Main Telephone
Number: (508) 685-4341
Chief Executive
Officer: Herbert W. Pollack
Chief Financial
Officer: Steven Millstein
Investor Relations
Contact: Jill P. Kutchin
Business number: (508) 685-4341
Public Relations
Contact: Sheila M. Osborne
Business number: (508) 685-4341
URL Address: www.parlex.com
Trading Symbol: PRLX
Industry: Electronics Manufacturer -- flexible interconnect
products
Company description: Parlex Corp. is a world leader in the design and manufacture of flexible interconnect (1) To attach one device to another. (2) A physical port (plug, socket) or wireless port (transmitter, receiver) used to attach one device to another. products. Parlex produces custom flexible circuits and laminated laminated /lam·i·nat·ed/ (-nat?ed) having, composed of, or arranged in layers or laminae. laminated made up of laminae or thin layers. cables utilizing proprietary processes and patented technologies which are designed to satisfy the unique requirements of a wide range of customers. Its facilities are located in Methuen Methuen (mĭth  `ən), town (1990 pop. 39,990), Essex co., NE Mass., a suburb of Boston; settled c.1642, set off from Haverhill 1725. , Mass.; Salem Salem, in the BibleSalem (sā`ləm) [Heb.,=peace], in the Bible, royal city of Melchizedek, traditionally identified with Jerusalem. Salem, city, India Salem, city (1991 pop. , N.H.; and Shanghai Shanghai (shăng`hī`, shäng`hī`), city (1994 est. pop. 12,980,000), in, but independent of, Jiangsu prov., E China, on the Huangpu (Whangpoo) River where it flows into the Chang (Yangtze) estuary. , China. Parlex's capabilities include the manufacture of adhesiveless materials (PALFlex) for flexible circuits, multilayer and rigid-flex circuits including the ultra thin PALCore multilayer process and laminated cables such as U-Flex, with connectors integral to the circuit. Parlex also has patented a process to produce shielded impedance impedance, in electricity, measure in ohms of the degree to which an electric circuit resists the flow of electric current when a voltage is impressed across its terminals. controlled circuitry for high-speed digital application. Parlex provides its products and engineering services to a variety of markets including automotive, computer, military-aerospace, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , industrial control, medical and consumer.
FY '96 Sales $47,257,000
Stock High $24 1/2 52-week range
Stock Low $ 7 3/4 52-week range
FY '96 Net Income $770,000
CONTACT: Parlex Corp. |
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