Company: Adeptron Technologies Corporation
Stock Symbol: ATQ
Listing: Toronto Stock Exchange (TSX)
Web Site: www.adeptron.com
TORONTO, July 12 /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 has partnered with a successful Electronics Manufacturing Solutions ("EMS") provider in Mexico. This new partner also provides procurement opportunities through offices in Hong Kong and Japan.
The Mexican facility assembles and integrates products such as Plasma & LCD TV's, marine GPS devices, mobile and Bluetooth devices and climate control devices. The facility is certified for ISO 9000:2000 and ISO 14000 and is ISO 16949 (quality management system focused on continual improvement, defect prevention and the efficiency of the supply chain) compliant. Assembly is conducted in a 42,000 sq. ft. facility that houses eight high speed SMT lines and five hand mount lines.
F. Michael Marti, CEO of Adeptron, stated, "Many North American companies recognize that in light of changes in the manufacturing sector in Asia, particularly in China, Mexico often represents a superior alternative when measured on a total cost of delivered product basis. Mexico is part of the North American Free Trade Agreement, enjoys fast and inexpensive trucking of goods to delivery sites and has a well educated workforce at a cost that competes well with other low cost geographies. We at Adeptron are very pleased to be able to provide to our customers and potential customers another seamless full-solutions location in Mexico and in close proximity to the border with the USA. Adeptron's partner handles new product introduction ("NPI"), medium to high volume printed circuit board assembly (SMT, BGA, and PTH), system integration, advanced X-ray inspection and various platforms of in-circuit test. We believe that this new service offering will be a significant addition to our sales and marketing efforts."
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.
Adeptron is a public company whose common shares are listed for trading on The Toronto Stock Exchange 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.
SOURCE ADEPTRON TECHNOLOGIES CORPORATION
For further information: For further information: Adeptron Company Contact: F. Michael Marti, President & Chief Executive Officer, Tel: 416-705-6534, firstname.lastname@example.org; Adeptron Company Contact: Michael Davies, VP, Sales & Marketing, Tel: 416.500.7589, email@example.com