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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Mar 7 3:00 PM EST

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To: Paul Lee who started this subject	10/9/2001 7:24:44 AM
From: Paul Lee	of 191

Signal Technology Awarded $800,000 in Radar Logamplifier Production Contracts For F/A-18 Aircraft Platform DANVERS, Mass.--(BUSINESS WIRE)--Oct. 9, 2001--Signal Technology Corporation (Nasdaq: STCO), a leading provider of electronics products for wireless communications and power management products in the commercial, defense and space markets, today announced that its Olektron Division has received a follow-on production contract for its state-of-the-art logamplifier product. The contract award is from a major U.S. defense contractor, and is valued in excess of $800,000, with production continuing through 2002. Signal's logamplifiers are critical parts of the "Identification Friend or Foe" radar systems at the heart of the electronic warfare and radar countermeasures capabilities on board both the U.S. Navy's F/A-18 E/F Super Hornet fighter aircraft and the U.S. Air Force's F-16 Falcon fighter aircraft. "Our success in winning this important order is based on Signal's proven ability to team with the manufacturer to meet demanding performance requirements and stringent delivery schedules," said John Cotumaccio, Olektron Division president.

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