Company: Adeptron Technologies Corporation
Stock Symbol: ATQ
Listing: Toronto Stock Exchange (TSX)
Web Site: www.adeptron.com
TORONTO, Jan. 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 was selected to provide Electronics Manufacturing Solutions ("EMS") to an original equipment manufacturer ("OEM"). This OEM provides leading carrier-approved adaptive indoor coverage solutions for commercial and residential locations to ensure that cell phones and other wireless devices operate reliably indoors. The value of the electronics manufacturing services and solutions for this customer is estimated at approximately $3 million for the 2010 fiscal year.
F. Michael Marti, CEO of Adeptron said, "The assemblies manufactured by Adeptron for this OEM have a very high component count and are very densely populated. These assemblies are a very good fit to utilize the capabilities of the new very high-speed surface mount line installed by Adeptron last summer. We are very pleased to have been chosen because of our technical proficiency to provide full turnkey EMS services by our new customer and look forward to meeting the future manufacturing challenges that will undoubtedly arise as our customer's products are developed and introduced to the marketplace."
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.
SOURCE ADEPTRON TECHNOLOGIES CORPORATION
For further information: For further information: Adeptron Company Contact: F. Michael Marti, Chief Executive Officer, Tel: (416) 705-6534, firstname.lastname@example.org