Company: Adeptron Technologies Corporation
Stock Symbol: ATQ
Listing: Toronto Stock Exchange (TSX)
Web Site: www.adeptron.comTORONTO, July 9 /CNW/ - Adeptron Technologies Corporation (ATQ: TSX)
("Adeptron" or the "Company"), a specialist at delivering integrated product
solutions and support to the global technology and electronics industry,
announced today that it was selected to provide Electronics Manufacturing
Services (EMS) to a major Aerospace & Defense original equipment manufacturer
("OEM"). The value of the electronics manufacturing services and solutions for
this customer is estimated at over $3 million annually beginning in 2010.
"In the Aerospace & Defense industry, some products are often continually
undergoing engineering changes that present a challenge to OEMs in terms of
efficiency and cost optimization," said F. Michael Marti, CEO of Adeptron.
"Adeptron was selected by this major Aerospace & Defense OEM as a result of
our expertise and resources which enable us to meet the manufacturing and
quality demands of the A&D industry. A key factor in this decision was our
experience with cost competitive low-volume high-mix manufacturing."
"Our cost competitive EMS solutions on a global scale are continuing to
create opportunities in the aerospace and military market segment. Our Ottawa
location is certified under the Controlled Goods Registration Program (CGRP),"
said Marti.
About Adeptron:
Adeptron is a specialist at delivering integrated product solutions and
support to the global technology and electronics industry. As a leading global
provider of complete Electronics Manufacturing Services (EMS), Adeptron offers
world class manufacturing facilities and global partners throughout Canada,
the United States, Israel and China, allowing the Company to provide its
customers the flexibility and scalability to competitively achieve total
solutions to their present and future electronics outsourcing needs. Adeptron
is a public company whose common shares are listed for trading on the Toronto
Stock Exchange (TSX) under the symbol: "ATQ". Visit Adeptron at:
www.adeptron.com.
THIS NEWS RELEASE MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION
RELATING TO SUCH MATTERS AS EXPECTED FINANCIAL PERFORMANCE, BUSINESS
PROSPECTS, TECHNOLOGICAL DEVELOPMENTS, DEVELOPMENT ACTIVITIES AND LIKE
MATTERS. THESE STATEMENTS INVOLVE RISK AND UNCERTAINTIES, INCLUDING BUT NOT
LIMITED TO RISK FACTORS DESCRIBED IN DOCUMENTS FILED WITH REGULATORY
AUTHORITIES, SUCH AS THE COMPANY'S MOST RECENTLY FILED ANNUAL AND QUARTERLY
REPORTS AND ANNUAL INFORMATION FORM. ACTUAL RESULTS COULD DIFFER MATERIALLY
FROM THOSE PROJECTED AS A RESULT OF THESE RISKS AND SHOULD NOT BE RELIED UPON
AS A PREDICTION OF FUTURE EVENTS. ADEPTRON TECHNOLOGIES CORPORATION UNDERTAKES
NO OBLIGATION TO UPDATE ANY FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR
CIRCUMSTANCES AFTER THE DATE ON WHICH SUCH STATEMENT IS MADE, OR TO REFLECT
THE OCCURRENCE OF UNANTICIPATED EVENTS.
%SEDAR: 00012076E
For further information: Adeptron Company Contact: Francis K. Lindayen,
Chief Financial Officer, Tel: (416) 917-8520, Flindayen@adeptron.com; Adeptron
Investor Relations: Gerry Wimmer, INVESTORFILE.com, Tel: (416) 360-8895, Toll
Free: 1-888-894-8222, Gwimmer@investorfile.com