VPF.. $3.41.. Ships First Production Orders
Valpey Fisher's Microwave Products Group Ships First Production Orders.....
Valpey Fisher Corporation's (NASDAQ: VPF) Microwave Products Group announced that it has begun production shipments to a major microwave radio manufacturer. The order, for a new, soon-to-debut series of high performance voltage variable attenuators, will enable the customer to take advantage of advances in microwave technology developed at Valpey Fisher.
The company's Microwave Products Group, announced in March 2010, continues the company's leadership on the design, manufacture and marketing of high performance RF/Microwave components and integrated modules for a broad range of end markets, including Microwave Point to Point, Wireless Infrastructure and Military communications. The company's voltage-variable attenuators are fully integrated and suited for a variety of applications, such as wireless base stations, remote radio heads, tower mounted amplifiers, and general-purpose attenuation.
"These first production shipments mark a key milestone for our Microwave Products Group and demonstrate our commitment to developing innovative solutions for our customers," said Michael Ferrantino, Jr., President and Chief Executive Officer for Valpey Fisher. "I am very excited about the execution of our team and look forward to releasing more new products over the coming months."
For 80 years, Valpey Fisher has cultivated longstanding and trusting relationships with a diverse customer base ranging from the world's major OEMs to small and emerging businesses by providing innovative high performance frequency control solutions.
Commenting on the news, Thomas Arthur, Director of Valpey Fisher's Microwave Products Group, said, "The addition of these microwave products will allow us to provide our customers with a broader portfolio of high performing devices and integrated solutions for their existing and next generation product platforms."
About Valpey Fisher:
Valpey Fisher Corporation is a pioneer in the design of high-accuracy subsystems used in digital and optical telecommunications systems in use throughout the world for digital, voice, data and military communications. The Company's products enable communications systems vendors to increase network data capacity and improve voice and video quality. Valpey Fisher manufactures precision low-noise timing modules used in Point-to-Point Radio, Satellite, Base Station, Test & Measurement, Microwave Communications and Synthesizers. The Company's major OEM customers include Alcatel-Lucent, Blade Networks, Juniper Networks, Harris, Raytheon, BAE Systems and L-3 Communications.
For more information on Valpey Fisher's innovative products including the microwave product line, please visit www.valpeyfisher.com.
CONTACT: Valpey Fisher Corporation
Thomas Arthur, 508-435-6831 x608
SOURCE: Valpey Fisher Corporation Copyright Business Wire 2011
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http:// www.djnewsplus.com/nae/al?rnd=fMqJpeS5j7e40HSe42BIag%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
02-01-11 0800ET
