DPAC Technologies Receives $1.7 Million Order for Its Patented LP-Stack; Product to Be Used in Network and Telecommunications Switches and Routers.Business Editors & High-Tech Writers 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 reported that it received a $1,700,000 order for its patented three-dimensional LP-Stack(TM) memory product from an overseas customer. The stacked SDRAM (Synchronous DRAM) A type of dynamic RAM (DRAM) memory chip that has been widely used since the late 1990s. SDRAM chips eliminated wait states by dividing the chip into two cell blocks and interleaving data between them. memory will be used to build memory modules for a telecommunications application and will be shipped within 30 days. John Sprint, DPAC's chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , said, "Our LP-Stack(TM) memory products provide our customers with a cost-effective way to assemble high capacity memory modules that are required for demanding applications in high-end servers with limited board space. DPAC's stacking technology provides its customers with high capacity memory solutions for their latest products that are both cost effective and space efficient." Kevin Perry, DPAC's vice president of sales and marketing, added, "We are seeing sustained demand in new applications, such as routers and switches, in the telecommunications marketplace. We continue to expand our product offerings and explore opportunities for stacking within developing applications, such as telecom. In order to keep up with current demand, we are also adding additional manufacturing and engineering personnel." The Company indicated that the order was for "memory stacking," which involves DPAC purchasing memory chips, stacking them, and then selling the stacked product to the customer. In other cases, referred to as "service stacking," DPAC provides stacking to customers who supply the Company with consigned memory chips. In either case, DPAC is insulated in·su·late tr.v. in·su·lat·ed, in·su·lat·ing, in·su·lates 1. To cause to be in a detached or isolated position. See Synonyms at isolate. 2. from memory price fluctuations. Service stacking typically carries higher profit margins to the Company. About DPAC Technologies Based in 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., 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. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. This press release includes forward-looking statements, including statements regarding management's current beliefs concerning the Company's market, technology development, expansion and business plans, the use of its technology in military programs, relationships in price parity of existing technology with future technology, and the need for emulation (architecture) emulation - When one system performs in exactly the same way as another, though perhaps not at the same speed. A typical example would be emulation of one computer by (a program running on) another. products, which are subject to change. 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, which 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 semiconductor 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 difficulties of controlling acquisition costs. 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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