REPT bid.30.News out.(PR NEWSWIRE) Reptron Partners With Vibren Technologies to Deploy Innovative Ap lication Design Platform Reptron Partners With Vibren Technologies to Deploy Innovative Application Desig Platform
TAMPA, Fla., July 30 /PRNewswire-FirstCall/ -- Reptron Electronics, Inc. (Nasdaq: REPT), an electronic manufacturing supply chain services company, today reported the first deployment of its innovative Modular Development Platform (MDP), an application development platform providing design engineers with an "out-of-the-box" solution to reduce the time-to-market design process. Reptron and Vibren Technologies of Boxborough, MA have entered into a strategic alliance whereby Vibren will resell Reptron's MDP as part of Vibren's Windows CE. NET 4.2 board support package. Reptron's MDP gives OEM designers a more attractive alternative development solution than what is currently available in the reference design and design platform marketplace. "The MDP will enhance our new product introduction (NPI) offering and allow customers to trim the product development cycle and costs associated with new product hardware and software development," said Tony Musto, Reptron Vice President of Sales and Marketing. "The MDP's modularity provides the customer with flexibility in configuring systems to meet their design needs, thus offering more front-end value. A functional mockup of the final product is readily available to designers, thereby reducing time and effort in the design and debugging of a new system," he explained. "We are excited to have partnered with Vibren to develop a key software element of our new modular development platform. Their expertise with embedded silicon and Microsoft's Windows CE operating system provides Reptron with an excellent software engineering partner. We look forward to a lasting relationship with them," said Steve Johnson, Vice President of Engineering, Reptron Manufacturing Services.
About Reptron Reptron Electronics, Inc. is a leading electronics manufacturing supply chain services company providing engineering services, electronics manufacturing services and display integration services. Reptron Manufacturing Services offers full electronics manufacturing services including complex circuit board assembly, complete supply chain services and manufacturing engineering services to OEMs in a wide variety of industries. Reptron Display and System Integration provides value-added display design engineering and system integration services to OEMs. For more information, please access www.reptron.com.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain of the above statements contained in this press release, are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended. Factors that could cause actual results to differ materially include the following: failure of any of the required consents to the transaction not being obtained, or are granted subject to conditions that are unacceptable to either party to the transaction, failure of any one of the conditions precedent to closing being either satisfied or waived, commencement of bankruptcy proceedings, commencement of litigation seeking to enjoin the transaction, exercise of availability remedies by either the Holders of the Company's 6 3/4% Subordinated Convertible Notes ("Notes") or the Trustee under that certain Indenture dated August 5, 1997 pursuant to which the Notes were issued as a result of the Company's continuing default of the Notes and the Indenture, exercise by Congress Financial Corporation (Florida) as Agent ("Congress") under that certain Loan and Security Agreement, as amended ("Loan Agreement") with the Company in the event the conditions of its consent to this transaction fail, exercise by Congress of remedies available to it as a result of the continuing default of the Company under the Loan Agreement, business conditions and growth in the Company's industry and in the general economy; competitive factors; risks due to shifts in market demand; risks inherent with predicting revenue and earnings outcomes; uncertainties involved in implementing improvements in the manufacturing process; the ability of the Company to complete and integrate acquisitions; and the risk factors listed from time to time in the Company's reports filed with the Securities and Exchange Commission as well as assumptions regarding the foregoing. The words "believe," "estimate," "expect," "intend," "anticipate," "plan," "appears," and similar expressions and variations thereof identify certain of such forward-looking statements, which speak only as of the dates on which they were made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Readers are cautioned that any such forward looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those indicated in the forward- looking statements as a result of various factors. Readers are cautioned not to place undue reliance on these forward-looking statements.
SOURCE Reptron Electronics, Inc. -0- 07/30/2003 /CONTACT: Paul J. Plante, President and Chief Operating Officer, Reptron Electronics, Inc., +1-813-854-2351, or pplante@reptron.com/ /Web site: reptron.com / (REPT)
CO: Reptron Electronics, Inc.; Vibren Technologies ST: Florida, Massachusetts IN: CPR CSE SU: TJVN
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