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SIGNAL TECHNOLOGY CORPORATION ACQUIRES OMEGA, INC., A PRODUCER OF DEFENSE ELECTRONICS PRODUCTS

 SUNNYVALE, Calif., March 19 /PRNewswire/ -- Signal Technology Corporation, headquartered in Sunnyvale, announced today that it had acquired Omega, Inc., a manufacturer of products for defense industry and commercial contractors. Financial terms of the acquisition were not released. Both companies are privately owned.
 Based in Fremont, Calif., Omega designs and manufactures microwave amplifiers and amplifier subsystems that are used in electronics countermeasure systems, electronic intelligence systems and in guidance systems for smart weapons. Omega also provides products for the commercial markets such as VSAT. Omega's president, Dr. Jim H. Johnson, and its employees will relocate to Signal's ST Microwave Operation in Sunnyvale.
 Dale L. Peterson, president and chief executive officer of Signal Technology Corporation, explained the acquisition as part of the company's acquisition strategy for growth in a downsizing defense industry. Signal acquires companies and product lines to complement its existing technology and markets.
 Signal Technology designs, develops and manufactures low cost, high quality frequency generation, power management and frequency management and control products for defense industry and commercial markets.
 -0- 3/19/93
 /CONTACT: Philip B. Cox of Signal Technology, 408-730-6316/


CO: Signal Technology Corporation; Omega, Inc. ST: California IN: ARO SU: TNM

GK-SH -- NY045 -- 7939 03/19/93 13:46 EST
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Publication:PR Newswire
Date:Mar 19, 1993
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