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 ()	4/13/2000 7:51:00 AM
From: Paul Lee	of 191

Signal Technology Keltec Division Awarded $10.5 Million Contracts During First Quarter DANVERS, Mass.--(BUSINESS WIRE)--April 13, 2000--Signal Technology Corporation (NASDAQ: STCO) today announced that its Keltec Division in Fort Walton Beach, Florida, has been awarded in excess of $10.5 million of new development and follow-on production contracts during the first quarter of 2000. The majority of these awards have follow-on potential for 2001 and beyond. The new development awards add Keltec's presence on such platforms as the NH-90 Helicopter, Mirage, Navy Surface ships and GPS guided ordnance. "These competitive orders are positive reinforcement of our focus and commitment to the military power supply and SATCOM amplifier markets," said John Cotumaccio, president of Signal Technology's Keltec Division.

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