Contract total value estimated at CA$ 741 thousand
QUEBEC CITY, Aug. 12 /CNW Telbec/ - Lyrtech Inc. (Lyrtech) (TSX Venture Exchange: LTK), a worldwide leader in digital signal processing technologies, recently signed an engineering development contract with an undisclosed customer estimated at CA$ 741 000. This contract involves the development of an advanced (micro)TCA processing board. This board is likely to become part of Lyrtech's product line-up.
An important manufacturing contract is also expected to follow.
"This contract contributes to increase the workload of our engineering department and bolsters our already strong backlog," said Louis Bélanger, president and CEO of Lyrtech.
Lyrtech, a proud member of the Texas Instruments Design House Network, develops and manufactures advanced digital signal processing solutions for companies worldwide, a vital technology to network and wireless communications, audio and video processing, as well as electronic systems in all fields of technology. Lyrtech offers a full range of DSP-FPGA development platforms, as well as design, prototyping, and manufacturing of electronic products. Lyrtech works in partnership with industry leaders such as Texas Instruments, The MathWorks, and Xilinx. Lyrtech's customers include many prestigious names of the consumer electronics, telecommunications, aerospace, and defence fields.
The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy and accuracy of this release.
SOURCE LYRTECH INC.
For further information: For further information: Louis Bélanger, president and chief executive officer, Lyrtech, (1) 418-877-4644, firstname.lastname@example.org