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Technology Stocks : Aeroflex (ARX)

ARX 11.70

+3.0%

10:50 AM EDT

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To: Jorgen Jensen who wrote (543)	10/4/1999 12:36:00 PM
From: Craig Markell	Read Replies (1) of 586

Aeroflex Incorporated Receives Orders Valued At Approximately $14.2 Million From Teradyne and Lockheed Martin for Test & Measurement Products PLAINVIEW, N.Y.--(BUSINESS WIRE)--October 4, 1999--Aeroflex Incorporated (NYSE Symbol: ARX - news) announced today that its Test & Measurement Division received orders valued at approximately $14.2 million from for High Speed Frequency Synthesizers used in Mixed Signal Communication Chip Testers and in two defense programs. Approximately $11.6 million of the value of these orders are expected to be shipped within the next twelve months with the remainder to be shipped over a three year period. Aeroflex Incorporated, through its subsidiaries, utilizes advanced technologies to provide state-of-the-art microelectronic module, integrated circuit, interconnect and testing solutions used in communication applications for commercial and defense markets. It also designs and manufactures motion control systems and shock and vibration isolation systems used for commercial, industrial and defense applications.

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