Thales Components Corp. and Richardson Electronics, Ltd. Sign Distribution Agreement for The Americas.LAFOX, Ill. -- Thales Components Corporation and Richardson Electronics, Ltd. have signed a distribution contract for power grid tubes used in professional television and industrial applications in the Americas. Thales Components Corp. (Totowa, New Jersey Totowa is a borough in Passaic County, New Jersey, United States. As of the United States 2000 Census, the borough population was 9,892. Totowa was formed as a borough by an Act of the New Jersey Legislature on March 15, 1898, from portions of Manchester Township and Wayne ) and Richardson Electronics Ltd. (La Fox, Illinois) announced today the signature of a distribution contract covering the Americas (North, Central and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. ). According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. this contract, Thales Components Corp. assigns to Richardson Electronics, Ltd. exclusive distribution rights for its range of power grid tubes for TV transmitter maintenance, along with non-exclusive distribution rights for the complete range of power grid tubes used in industrial applications. The contract does not cover IOTs (inductive output tubes The inductive output tube or IOT is a variety of vacuum tube which evolved in the 1980s to meet increasing efficiency requirements for high-power RF amplifiers. The primary commercial use of IOTs is in UHF television transmitters, where they have mostly replaced klystrons ) for TV applications. "Richardson is an outstanding partner that will help Thales grow our sales, while providing long-term support to all television and industrial RF spare markets in the Americas," said Steve Shpock, 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. of Thales Components Corp. "In all of these markets, our customers will continue to enjoy top-flight service." Murray Kennedy, Executive Vice President and General Manager for Richardson Electronics Electron Devices Group, noted: "The Thales power grid tube products are well known and highly respected in the TV and industrial markets. This agreement will allow us to expand our product offering to our customers in the Americas. Additionally, because of our strong US and Latin American sales coverage, I firmly believe that clients will enjoy the sourcing and the service fitting with replacement market requirements." About Thales Components Corp. Thales Components Corporation, Totowa, NJ, is the representative office of Thales in the US, in charge of marketing electronics components and devices for professional applications in America. These products lines are developed and manufactured by Thales Electron Devices in France and Germany. Thales ED, a subsidiary of Thales, is the world market leader for professional applications including radiology radiology, branch of medicine specializing in the use of X rays, gamma rays, radioactive isotopes, and other forms of radiation in the diagnosis and treatment of disease. , telecoms, space, defense, scientific, industrial and broadcast. Thales is an international electronics and systems group serving defense, aerospace, security and services markets. The group employs 60,000 people throughout the world and generated revenues of 10.3 billion Euros in 2004. About Richardson Electronics, Ltd. Richardson Electronics, Ltd. (Nasdaq:RELL RELL Richardson Electronics Ltd ) is a global provider of "Engineered Solutions," serving the RF and Wireless Communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. , Industrial Power conversion, Security and Display Systems Markets. The Company delivers engineered solutions for its customers' needs through product manufacturing, systems integration, prototype design and manufacture, testing and logistics. Press announcements and other information about Richardson are available online at http://www.rell.com/investor.asp. |
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