DPAC Technologies Receives Follow-On Order for LP-Stack Memory in Three-Dimensional Imaging System.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. 20, 2001 LP-Stack(TM) Memory to be Used in Three-Dimensional X-Ray Medical Imaging With Potential Use in Baggage Security Surveillance Systems 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 products and services for the Integration Age, reported today that it has received follow-on orders for its patented LP-Stack(TM) stackable memory products for use mainly in medical instrumentation instrumentation, in music: see orchestra and orchestration. instrumentation In technology, the development and use of precise measuring, analysis, and control equipment. . While the approximate order size was not disclosed, the Company indicated that the current run rate for this customer is approximately $500,000 per year. The customer will use the LP-Stack memory device high definition X-Ray equipment that can produce a three-dimensional image with real-time applications. "Our goal has been to expand our technology beyond the workstation and server market," commented Ted Bruce, DPAC's president and 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. . "The excitement behind this application is that three-dimensional imaging can be achieved on a real-time basis. While this has very relevant implications for the medical field, this technology also has potential expansion to security applications. The medical industry is just one of the markets in which DPAC is exploring possibilities for vertical expansion. As we continue to develop new applications for our technology, we expect to introduce innovative products to enhance our penetration of existing markets and create opportunities into new ones." About DPAC Technologies Based in Garden Grove, CA, 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, 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 circuit boards. DPAC's mission is to provide products and services for the Integration Age. Investor information is available through their corporate headquarters Investor Relations Investor relations The process by which the corporation communicates with its investors. Department at 714/898-0007 x128, or contact Joe Zappulla at Wall Street Investor Relations 212/714-2445. Visit the DPAC Web site at www.DPACtech.com. This press release includes 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. , including statements regarding the management's current beliefs concerning Company's market, technology development, expansion and business plans, relationships in price parity parity or space parity, in physics, quantity that refers to the relationship between an object or process and the image that it can produce in a mirror. of existing technology with future technology, 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 as a result of various risks or uncertainties. Every statement herein, that is not historic in nature, is a forward-looking statement. These factors would include, but are not limited to, uncertainties and risks concerning acquisitions, challenges in integrating technologies or operations efficiently or managing acquired operations, risks concerning liabilities acquired and due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. , 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 others, and difficulties of controlling acquisition costs. The actual results may materially differ from those described in any forward-looking statement. Important factors that may cause actual results to differ are set forth in the Company's periodic filing with the U.S. Securities and Exchange Commission including its Form 10-KSB for year-ended February 28, 2001 or subsequent Forms 10-Q. |
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