Dense-Pac Expands Into Medical Instrumentation Market With New Application
Dense-Pac Technology Used for Three-Dimensional X-Ray
GARDEN GROVE, Calif.--(BUSINESS WIRE)--March 14, 2000--Dense-Pac Microsystems Inc. (Nasdaq:DPAC - news), a leading edge provider of high-density semiconductor packaging solutions, Tuesday announced that the company's high density three-dimensional technology will be used in high definition X-Ray equipment that can produce a three-dimensional image with real-time applications.
``Our goal for this year was to continue our penetration of the workstation and server market while concurrently expanding our technology into new vertical industries,' stated Ted Bruce, president and CEO of Dense-Pac Microsystems.
``The medical instrumentation field is just one vertical we have targeted for expansion. As we continue to develop our technology into new areas, we expect to introduce innovative products and applications to enhance our penetration of existing markets while opening doors into new ones.'
Bruce continued: ``To enhance our ability to accommodate a business expansion, during our fiscal year ended February 29, we were successful in transitioning several customers to license agreements. These arrangements free-up our manufacturing capacity while securing our profit margins. The result is a more efficient operation and superior margins.'
Dense-Pac Microsystems Inc. is a technology company that specializes in the design of proprietary and patented three-dimensional high-density packaging. The products allow the company's commercial, industrial, defense and aerospace customers to pack large amounts of memory into small spaces.
Its commercial products include applications such as network servers, computers storage devices and medical instrumentation. IDA can include airborne and space avionics and such diverse areas as space satellites and missiles and high performance servers. The company Web site is at www.dense-pac.com.
This news release includes forward-looking statements, including statements regarding the company's market, technology development, expansion and business plans, which are subject to change. The actual results may materially differ from those described in any forward-looking statement. Important factors that may cause actual results to differ are set forth in the company's periodic filing with the U.S. Securities and Exchange Commission including its Form 10-KSB for the year ended Feb. 28, 1999. |