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 ()	4/10/2000 6:51:00 AM
From: Paul Lee	of 191

Signal Technology Systems Operation Awarded $3.6 Million Contract From Raytheon Systems DANVERS, Mass.--(BUSINESS WIRE)--April 10, 2000--Signal Technology Corporation (NASDAQ: STCO), today announced it was awarded a $3.6 million contract to manufacture 112 x 112 Audio/Video switches for Raytheon Systems, Greenville Division. The contract not only procures additional Switch Matrices, but also provides funding for system enhancements. "This contract continues our long standing relationship as a supplier to Raytheon Systems. Providing us with this opportunity to enhance our system illustrates the confidence that Raytheon has in our operation," commented George Hreczuck, President of Signal Technology Corporation, Systems Operation in Webster, MA. "This contract begins a product improvement program of similar enhancements," he said.

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