DPAC Technologies Chief Executive Officer Ted Bruce Joins AeA Board of Directors.Business Editors 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)--Oct. 8, 2002 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 Corp. (Nasdaq:DPAC), a provider of patented stacking technology for high-density, space-saving electronic components, today announced that Ted Bruce, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , has been elected by the Orange County Council to the National Board of Directors of AeA, the nation's largest high-tech trade association. Formerly the American Electronics Association The American Electronics Association (now known as AeA) is a nationwide non-profit trade association that represents all segments of the technology industry in the United States. , AeA has more than 3,000 member companies and is dedicated to advancing the business of technology through advocacy, education and services. Mr. Bruce is a 15-year veteran of manufacturing, engineering, sales and marketing within the semiconductor industry, in both commercial and military markets. Appointed president and CEO of DPAC Technologies in January 1999, Mr. Bruce was formerly with Toshiba America Electronic Components. As a member of AeA's National Board of Directors, Mr. Bruce will work to support the association's mission to promote American leadership in high-technology manufacturing and services and serve as "the voice of the U.S. high-tech community." Mr. Bruce will attend the AeA board meeting October 16-18, 2002, in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. , to discuss the organization's new strategic objectives and help set the organization's public policy priorities. DPAC Technology Corp. has been an active corporate member of AeA since January 2001 at the regional level through AeA's Orange County Council, which services high-tech companies in Orange County, California Orange County is a county in Southern California, United States. Its county seat is Santa Ana. According to the 2000 Census, its population was 2,846,289, making it the second most populous county in the state of California, and the fifth most populous in the United States. and represents their interests in the local, county and state governments. The Orange County Council also helps members use AeA's national resources. About AeA Advancing the business of technology, AeA is the nation's largest high-tech trade association. AeA represents more that 3,000 companies with 1.8 million employees. AeA's 3,000+ members span the high-technology spectrum, from software, semiconductors, medical devices and computers to Internet technology, advanced electronics and telecommunications systems and services. With 17 regional U.S. councils and offices in Brussels and Beijing, AeA offers a unique global policy grassroots capability and a wide portfolio of valuable business services and products for the high-tech industry. AeA has been the accepted voice of the U.S. technology community since 1943. For more information, please visit www.aeanet.org. About DPAC Technologies Based 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 patented component packaging technology to create high-density, space-saving surface mount electronic components. DPAC's products are used in electronic circuits found in network servers, computer storage devices, guidance systems, medical instrumentation, and communication devices. The Company provides outsourced engineering design services to aid customers in creating cost-saving circuit designs as well as contract manufacturing of prototype designs and medium volume production runs of assembled circuit boards. The Company's web site address is www.DPACTech.com. 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. and Fair Disclosure Statement The statements contained in this release which are not historical facts (such as statements in the future tense future tense n. A verb tense expressing future time. Noun 1. future tense - a verb tense that expresses actions or states in the future future and statements including "believe," "expect," "intend," "anticipate," and similar concepts) are forward-looking statements that involve risks and uncertainties, including, but not limited to, DPAC's ability to successfully design and utilize the licensed technology, the economic performance of the electronics and technology industries, the risk of customer delays, changes, or cancellations in both on-going and new programs, DPAC's ability to secure new customers and maintain its current customer base, the success of the repurchase plan, the manufacturability of stacked chip scale packaging (hardware) Chip Scale Packaging - (CSP) A type of surface mount integrated circuit packaging that provides pre-speed-sorted, pre-tested and pre-packaged die without requiring special testing. An example is Motorola's Micro SMT packaging. , material costs fluctuations, the market need of such technology, the effects of changes in average selling prices The average sales price of goods or commodities. Especially used in the retail sector and technology distribution. , the effect of start-up costs of new programs and facilities, the effect of general economic conditions and world events, the impact of increased competition and the risks of patent 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. . 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. 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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