White Electronic Designs Awarded Additional $1.6 Million Follow-on Contract for System-On-Chip Modules for Air-to-Air Missiles

PHOENIX, Oct. 20 /PRNewswire-FirstCall/ -- White Electronic Designs Corporation (NASDAQ: WEDC) has been awarded an additional $1.6 million follow-on contract by a leading military subcontractor. The award is for System-On-Chip (SOC) Processor modules, which will be used in the latest generation of air-to-air missiles.

White Electronic Designs Corporation's Chairman and CEO Hamid Shokrgozar commented, "We are pleased to have been awarded this follow-on order. Our technology in this area is leading-edge and we are dedicated to continuing to provide solutions that will keep our military supplied with the most advanced weaponry in the world. We expect to ship these products over the next 24 months."

About White Electronic Designs Corporation

White Electronic Designs Corporation designs, develops and manufactures innovative components and systems for high technology sectors in military, industrial, medical and commercial markets. White's products include advanced semiconductor packaging of high-density memory products and state-of-the-art microelectronic multi-chip modules for military and defense industries and data and telecommunications markets; anti-tamper products for mission-critical semiconductor components in defense and secure commercial applications; enhanced and ruggedized high-legibility flat-panel displays for commercial, medical, defense and aerospace systems; digital keyboard, touch-screen operator-interface systems, RFID antenna and medical sensors; and electromechanical assemblies for OEM's in commercial and military markets. White is headquartered in Phoenix, Arizona, and has design and manufacturing centers in Arizona, Indiana, Ohio and Oregon. To learn more about White Electronic Designs Corporation's business, as well as employment opportunities, visit our website, www.wedc.com. A copy of this press release is also available under the Investors section of our website.

This press release contains forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for such forward-looking statements. The words, "believe," "expect," "anticipate," "estimate," "will" and other similar statements of expectation identify forward-looking statements. Forward looking statements contained herein include, but are not limited to, statements regarding our system-on-chip technology and anticipated product shipment dates. These forward-looking statements speak only as of the date the statements were made and are based upon management's current expectations and beliefs and are subject to a number of risks and uncertainties, some of which cannot be predicted or quantified, that could cause actual results to differ materially from those described in the forward-looking statements. In particular, the following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: the inability to procure required components, manufacturing difficulties or delays, the inability to develop and implement new manufacturing technologies, and changes or restrictions in the practices, rules and regulations governing our business.

Additionally, other factors that could cause actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements are included in Exhibit 99.1 to the Company's Quarterly Report on Form 10-Q for the quarter ended July 2, 2005 and in the Company's Annual Report on Form 10-K for the year ended October 2, 2004 under the heading "Business-Risk Factors." You are cautioned not to place undue reliance on our forward-looking statements. We do not undertake any obligation to publicly update any forward-looking statements to reflect events, circumstances or new information after this press release, or to reflect the occurrence of unanticipated events.


     Contact:  Hamid Shokrgozar
               Chairman and CEO
               White Electronic Designs Corporation
               602-437-1520
               
Email Contact

               The RCG Group
               Retail: Joe Dorame
               Institutional/Analyst: Joe Diaz
               
Email Contact
               480-675-0400

CONTACT: Hamid Shokrgozar, Chairman and CEO of White Electronic Designs
Corporation, +1-602-437-1520, Email Contact; or Retail, Joe Dorame, or
Institutional/Analysts, Joe Diaz, Email Contact, both of The RCG
Group, +1-480-675-0400, for White Electronic Designs Corporation

Web site: http://www.wedc.com/




Review Article Be the first to review this article

EMA:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Retail Therapy: Jump starting Black Friday
Peggy AycinenaIP Showcase
by Peggy Aycinena
REUSE 2016: Addressing the Four Freedoms
More Editorial  
Jobs
ACCOUNT MANAGER MUNICH GERMANY EU for EDA Careers at MUNICH, Germany
Principal Circuit Design Engineer for Rambus at Sunnyvale, CA
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
AE-APPS SUPPORT/TMM for EDA Careers at San Jose-SOCAL-AZ, CA
Manager, Field Applications Engineering for Real Intent at Sunnyvale, CA
Upcoming Events
Zuken Innovation World 2017, April 24 - 26, 2017, Hilton Head Marriott Resort & Spa in Hilton Head Island, SC at Hilton Head Marriott Resort & Spa Hilton Head Island NC - Apr 24 - 26, 2017
CST Webinar Series



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy