Signal Technology (now STCO)- a classic turnaround Message Board

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Technology Stocks : Signal Technology (now STCO)- a classic turnaround

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Nov 7 9:30 AM EST

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To: Paul Lee who wrote ()	2/14/2000 7:00:00 AM
From: Paul Lee	of 191

Signal Technology Keltec Operation Awarded Development Contract DANVERS, Mass.--(BUSINESS WIRE)--Feb. 14, 2000--Signal Technology Corporation (AMEX: STZ) today announced that its Keltec Operation, based in Fort Walton Beach, Florida, has been chosen by Marconi Aerospace Systems, Advanced Systems Division to design and develop new low-cost supplies for its APX-111 identification Friend or Foe (IFF) transporter. These multi-output, low-voltage state-of-the-art power supplies will be utilized on the U.S. Navy F/A-18E/P aircraft. "STC/Keltec was awarded this development contract based on positive prior contract performance," stated John Cotumaccio, President of Signal Technology's Keltec Operation. "STC/Keltec also demonstrated its ability to team with customers and become part of their Integrated Product Development (IPD) process."

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