Giga-tronics Announces Microsource Multi-Year Agreement Award.SAN RAMON San Ramon (Spanish for "Saint Raymond") may refer to one of the following places:
This agreement is expected to run for five years and is valued at between $7.6 million to $11.6 million depending on options exercised. Dan Markowitz, President of Microsource said, "This award is significant in that it further confirms the complete and ongoing commitment of Microsource to the defense segment of our market." Microsource, located in Santa Rosa, California Santa Rosa is the county seat of Sonoma County, California, USA. As of January 1 2007, the population of Santa Rosa was approximately 157,985 residents. Santa Rosa is the largest city in California's Wine Country and fifth largest city in the San Francisco Bay Area, after San , develops and manufactures a broad line of microwave signal source sub-systems and components. Its core YIG YIG Yttrium-Iron-Garnet (bandwidth filter) YIG Youth in Government technology is ideally suited to a wide range of applications, such as free-running and phase locked oscillators in narrow and wide band configurations, band-pass and band-reject filters, narrow and wide band frequency synthesizers and converters as well as highly integrated front-end modules for radio and instrumentation applications. The company's products are used primarily in the telecommunication, test and measurement, and defense electronic markets. Giga-tronics produces instruments, subsystems and sophisticated microwave components that have broad application in both commercial and military wireless telecommunications. This press release contains forward-looking statements concerning profitability, backlog and shipments. Actual results may differ significantly due to risks and uncertainties, such as cancellation, deferral, disputes over performance or ability to collect receivables. For further discussion, see Giga-tronics' annual report 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. for March 27, 2004 Part I, under the heading "Certain factors which may adversely affect future operations or an investment in Giga-tronics" and "Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial of Financial Conditions and Results of Operations". |
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