UniDyn Corp. Announces Addition of a World Class Amplifier to the Company's Growing Product Line.Business Editors PHOENIX--(BUSINESS WIRE)--Oct 3, 2000 UniDyn Corp., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :UNDY Undy (Welsh: Gwndy) is a village in Monmouthshire, Wales. It is located just east of Magor and together they form the community (parish) of "Magor with Undy". ) aiming to set the standard in the quality assurance technology market, announced today that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Derritron Vibration Products, has completed the development of its own World Class modular Amplifier -- the "Derritron Switching Amplifier" (DSA (1) (Directory Server Agent) An X.500 program that looks up the address of a recipient in a Directory Information Base (DIB), also known as white pages. It accepts requests from the Directory User Agent (DUA) counterpart in the workstation. ). Derritron Division President George Pearce stated, "We are extremely proud to offer this new modular amplifier. It is a Class D, 90% efficient unit that can be configured up to a 72 KVA (Kilo Volt-Amps) One thousand volt-amps. See volt-amps. rating. It's upgraded design and engineering boasts a uniquely user friendly diagnostics panel." The amplifier can be used to power all models of shakers. It will be offered with all Derritron shaker models and sold independently to replace existing amplifiers in the market place. John Provazek, Chief Operations Officer, said, "The development of the modular amplifier completes UniDyn's first year goals for the Derritron division. UniDyn's Derritron division core product line now includes; the NorthStar control system, the VP-5, VP-30 & VP-50 shakers and the DSA modular amplifier. I could not be more pleased with the achievements to date from the Derritron division. The company's presence in the industry is soon to be felt in a big way and this is just the start, much more is on the drawing board." About UniDyn Corporation UniDyn is a leader in the quality assurance testing market with an emphasis on the fully automated testing of printed circuit boards. UniDyn has recently completed a corporate reorganization in preparation for substantial growth. The Company will have three divisions: the Phoenix, Arizona Avalon plant to produce Sterling products, the Los Angeles plant to produce NorthStar, MorningStar and Derritron Products and the company has a separate research and development division located in American Fork, Utah American Fork is a city in Utah County, Utah, USA, at the foot of Mount Timpanogos in the Wasatch Range, north of Utah Lake. As of the 2000 census, the city population was 21,941 and was estimated at 22,387 in 2004. It has been rapidly growing since the 1970s. . Safe Harbor statement under 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: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission. |
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