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 ()	6/22/2000 7:35:00 AM
From: Paul Lee	of 191

Signal Technology Keltec Division Awarded High Power Transmitter Development Contract DANVERS, Mass.--(BUSINESS WIRE)--June 22, 2000--Signal Technology Corporation (NASDAQ:STCO) today announced that its Keltec Division in Fort Walton Beach, Florida, has been awarded a design and development contract for a high power transmitter from Harris Corporation, Melbourne, Florida. Long-term potential value of this award is approximately $7 million. "This is another cornerstone win for Keltec for two reasons: first, because Harris Corporation is a valued customer, and second, because the selection was based on our technical expertise," said John Cotumaccio, President of Keltec.

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