Irvine Sensors receives $3.2 million additional order from Lockheed Martin Federal Systems.COSTA MESA, Calif.--(BUSINESS WIRE)--Feb. 27, 1997--Irvine Sensors Corp. (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 :IRSN IRSN Institut de Radioprotection et de Sûreté Nucléaire (French: Institute for Radioprotection and Nuclear Safety) IRSN International Road Safety News IRSN International Relations Student Network ) (BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). :ISCB ISCB International Society for Computational Biology ISCB International Society for Clinical Biostatistics ISCB International School of Classical Ballet (Kirkland, WA) ) Thursday announced that its Computer Products Operation (CPO), located in South Burlington, Vt., has received an approximate $3.2 million order from Lockheed Martin Federal Systems, Manassas, Va., to supply memory "Tall Stacks" intended for use in solid state data recorder programs. The order is for 640 Mb memory cubes built by stacking 16 Mb Dynamic Random Access Memory Dynamic random access memory (DRAM) is a type of random access memory that stores each bit of data in a separate capacitor within an integrated circuit. Since real capacitors leak charge, the information eventually fades unless the capacitor charge is refreshed periodically. (DRAM) chips. Lockheed Martin Federal Systems had previously ordered approximately $6.3 million of such cubes from CPO last year. Deliveries under the new order are scheduled to be completed within Irvine Sensors' present fiscal year. Irvine Sensors, with headquarters in Costa Mesa, is primarily engaged in the development and manufacture of high-density packages of electronics and sensor components which are intended to have broad applications in military and commercial systems. -0- Except for the historical information contained herein, the matters set forth in this news release are forward-looking statements that are dependent on risks and uncertainties including such factors, among others, as the company's ability to control its manufacturing costs and schedules. Further information on Irvine Sensors Corp. is contained in publicly filed disclosures available through the SEC's EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. database (www.sec.gov) or from the company's investor relations. CONTACT: Irvine Sensors Corp., Costa Mesa Lynn O'Mara, 714/444-8718 lomara@irvine-sensors.com |
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