DPAC Technologies Captures Three More Design Wins for Airborne Wireless Module.Business Editors/High-Tech Writers GARDEN GROVE Garden Grove, city (1990 pop. 143,050), Orange co., S Calif., a suburb of Long Beach and Los Angeles, on the Santa Ana River; founded 1877, inc. 1956. Many of its residents work in nearby aerospace and defense installations, and there is light manufacturing. , Calif.--(BUSINESS WIRE)--Dec. 9, 2003 -- Building Controls 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 Will Include Airborne 802.11b Module for WiFi Environmental Control System -- Warehouse Management Systems Manufacturer Chooses Airborne 802.11b Module to Replace Older Wireless Technology -- Transportation Communications OEM Adds Airborne 802.11b Module to Global Positioning System Global Positioning System: see navigation satellite. Global Positioning System (GPS) Precise satellite-based navigation and location system originally developed for U.S. military use. Market acceptance and penetration efforts continue as DPAC DPAC Denver Performing Arts Complex (CO, USA aka: DCPA) DPAC Deferred Policy Acquisition Costs (insurance) DPAC District Parent Advisory Committee DPAC Dover Partnership Against Crime Technologies(R) (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 :DPAC) announces three more design wins today for the new line of 802.11b wireless modules called Airborne(TM). The first of these is an application of wireless 802.11b technology into the environmental controls (called "HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free ") systems used in commercial buildings; the second is an industrial application for a logistics and warehouse management system requiring a replacement to existing wireless technology; and the third is in the rapidly evolving market for transportation communications. "Our continued success, and these new design wins, indicates that our focus in multiple targeted vertical markets is clearly the right strategy," said Brett Trowbridge, vice president for DPAC Technologies. "We are pleased to have the opportunity to work with all of these customers to provide a wireless solution that is rich and unique to their respective applications. These markets provide significant opportunities for the Airborne product that DPAC will continue to pursue aggressively." Building Controls Industry Need for Wireless Capabilities Building controls and control systems, such as Heating, Ventilation, Air Conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful. , and Refrigeration refrigeration, process for drawing heat from substances to lower their temperature, often for purposes of preservation. Refrigeration in its modern, portable form also depends on insulating materials that are thin yet effective. (HVAC) systems are used in everything from semiconductor clean rooms to keeping vaccines fresh and safe. Currently these systems may or may not be wired into a central network that monitors environmental conditions, maintenance needs, or equipment conditions. In commercial buildings a facilities manager must contact equipment suppliers or technicians to diagnose system problems, often causing delays and requiring costly on-site inspections by a repair crew just to understand the problem. An Airborne module would allow equipment suppliers and technicians to read system data from remote locations via the Internet. This would enable them to diagnose problems and order replacement parts ahead of time, or potentially fix problems without having to deploy a repair crew at all. Warehouse Management Systems Need for Wireless Capabilities Data acquisition, process controls, and sensor industrial control equipment all work to help streamline and improve productivity in material handling facilities and warehouse management systems. Currently this type of equipment may or may not be wired into a central network that monitors productivity, maintenance needs and equipment conditions. An Airborne module embedded into mobile equipment, such as a forklift, allows that equipment to be located, scheduled, and monitored for wear or maintenance requirements. Productivity of a warehouse floor and safety of operators can be significantly improved when data is shared and easily monitored. Transportation Industry Need for Wireless Capabilities Transportation companies that manage large fleets of tractor-trailer rigs have a constant requirement to manage costs and keep their fleets running by tracking maintenance and repair records, fuel usage, mileage logs, and scheduling information. Customers are increasingly expecting transportation companies to supply accurate, real-time data about their shipments, including a log of the environmental conditions of the cargo during transportation. Transportation applications that are suitable to integrate an Airborne module include: Fleet management systems, weigh stations, route/shipment scheduling, automotive diagnostics, refrigerated re·frig·er·ate tr.v. re·frig·er·at·ed, re·frig·er·at·ing, re·frig·er·ates 1. To cool or chill (a substance). 2. To preserve (food) by chilling. units, and vehicle movement/tracking. About DPAC Technologies Located in Garden Grove, California Garden Grove is a city centrally located in northern Orange County, California, United States. As of 2004, the city population was 170,000 people. California State Route 22, also known as the Garden Grove Freeway, passes through the city from east to west. , DPAC Technologies provides a diverse portfolio of patented electronic-component-based products including component packaging technology for high-density, space-saving memory and wireless applications, and solutions for digital image enhancement See image editing. . DPAC's products are used in electronic circuits found in network servers, computer storage devices, weapon guidance systems, medical instrumentation, communication devices, refrigeration controls, automotive diagnostic equipment and other advanced equipment. The Company also provides value-added manufacturing of prototype designs and medium volume production runs of assembled circuit boards. The Company's web site address is www.dpactech.com Forward-Looking Statements This press release includes forward-looking statements, including statements regarding technology development, expansion and business plans that are subject to change, uncertainties and risks. Every statement herein that is not historic in nature is a forward-looking statement for purposes of the 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. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such statements involve risks and uncertainties, and therefore results may differ materially from those set forth in these statements. Factors that affect DPAC's business include; but are not limited to, the success of patented products, future business opportunities with products, the wireless market, protection of technology or proprietary rights, risks of litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , and general market and economic conditions. More information about the risks and challenges faced by DPAC Technologies Corp. is contained in the Securities and Exchange Commission filings made by the Company on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , 10-Q and 8-K. DPAC Technologies Corp. specifically disclaims any obligation to update or revise any forward-looking statements whether as a result of new information, future developments or otherwise. |
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