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BVC is a huge company
SMTC Selected as Telco Systems' Manufacturing Partner
TORONTO, Feb. 7 /CNW/ - SMTC Corporation (NASDAQ: SMTX/TSX:SMX), a
premier mid-tier provider of end-to-end electronics manufacturing services
(EMS), today announced it has entered into a new customer relationship with
Telco Systems, a wholly owned subsidiary of BATM Advanced Communications Ltd.
(LSE: BVC), a provider of carrier-class transport and access solutions for
public and private IP and TDM networks.
The relationship involves a broad range of manufacturing services
spanning multiple sites. SMTC is confident that its distinctive approach to
building contract manufacturing partnerships will contribute to the success of
this collaboration, and will enhance Telco Systems' strategy of offering high
quality leading edge technology.
Telco Systems selected SMTC as a manufacturing partner for printed
circuit board assembly (PCBA) and full chassis fabrication, integration and
testing. Production was introduced in Q4 2005 with ramp to volume activities
continuing through Q1 2006. SMTC is building Telco Systems' PCBA in its
facility in Toronto, Canada with chassis fabrication, PCBA integration, final
test, and configuration supported through its Enclosure facility in Boston,
Massachusetts.
"We have been pleased with SMTC's leadership as they transitioned our
initial programs to volume production quickly and painlessly while delivering
high quality, competitive pricing, and flexibility that Telco Systems requires
from its key suppliers", commented Bob Resinger, Chief Operating Officer of
Telco Systems. "We look forward to a long term and expanded partnership as the
relationship evolves."
"We are delighted to be partnering with Telco Systems, a leading
telecommunications company, and to be an integral participant in it achieving
its operational and financial goals," said John Caldwell, SMTC President and
CEO. "SMTC's partnership approach involves gaining a thorough understanding of
Telco Systems' strategy; enhancing their competitive edge through lower costs,
high quality, and faster time to market; and driving improved performance. As
part of our commitment, we will work closely with Telco Systems to identify
further ways to add value and expand the outsourcing services beyond the scope
of the initial phases."
"SMTC maintains a long history of assisting telecom customers in
achieving their business goals. This agreement with Telco Systems underscores
SMTC's ability to provide leading OEMs with a unique outsourcing solution",
commented Steve Hoffrogge, SMTC Senior Vice President of Business Development.
"Our breadth of vertically integrated services, professionalism, lean
manufacturing methodologies and our people differentiate us from other
mid-tier EMS providers."
