little bit of news:
WPI Group Company Earns ISO 9001 Registration
Business Wire - January 15, 1999 09:53
MANCHESTER, N.H.--(BUSINESS WIRE)--January 15, 1999--WPI GROUP, INC. today announced that the company has received International Standards Organization's (ISO) 9001 level registration through the Quality Management Institute (QMI) of Ontario, Canada, for its WPI POWER SYSTEMS product operations. This registration means that WPI processes and procedures will consistently meet customer requirements and that WPI management has the means of continuously assessing and improving quality standards and performance. WPI's dual registration - US and Europe - means that the company has maximum standards credibility in both marketplaces. ISO 9001 is the highest of the three standards levels that cover engineering, manufacturing, testing and servicing processes. It is a globally recognized measure of WPI's proven ability to perform at the highest level of quality standards.
WPI Group President and Chief Operating Officer, Dennis Deegan commented on the ISO registration, "It says to potential customers that choosing WPI from among many competitors is a smart business decision. It says to our vendors that they have to perform up to our standards. And, it says to us that we care about our business success, our Company reputation and our own individual performance. Finally, it says we have achieved a globally recognized standard of operational excellence."
WPI POWER SYSTEMS is a world-leading provider of custom transformers, inductors, reactors and complete power systems. The company is widely recognized among transportation industry manufacturers, advanced materials processing firms, semiconductor equipment manufacturers and manufacturers of industrial furnaces.
WPI GROUP, INC. (WPIC: NASDAQ NATIONAL MARKET) manufactures and markets high, value-added products used in mission-critical systems through two operating groups: INDUSTRIAL TECHNOLOGY and INFORMATION SOLUTIONS. The INDUSTRIAL TECHNOLOGY GROUP manufactures avionics components and subsystems, inertial sensors, panels meters, industrial power conversion systems, electronic ballasts and precision solenoids for a variety of industrial and consumer products. INFORMATION SOLUTIONS offers the world's broadest range of rugged, handheld terminals, PCs and notebook computers designed for use in harsh environments across a wide array of industries and it supplies applications software in selected vertical markets. It also provides industry-leading diagnostic hardware and software to the transportation industry.
THE STATEMENTS CONTAINED IN THIS RELEASE CONCERNING THE COMPANY'S GOALS, STRATEGIES AND EXPECTATIONS FOR BUSINESS AND FINANCIAL RESULTS ARE "FORWARD-LOOKING STATEMENTS" BASED ON CURRENT EXPECTATIONS. NO ASSURANCES CAN BE GIVEN THAT THE RESULTS IN ANY FORWARD-LOOKING STATEMENTS WILL BE ACHIEVED AND ACTUAL RESULTS COULD DIFFER MATERIALLY. PLEASE REVIEW THE REPORTS THAT THE COMPANY FILES WITH THE SECURITIES AND EXCHANGE COMMISSION FOR INFORMATION CONCERNING FACTORS WHICH COULD AFFECT THE COMPANY'S BUSINESS.
CONTACT: WPI Group, Inc.
Michael Foster, Chairman & CEO 603-627-3500
Dennis Deegan, President & COO 603-627-3500
or
The Equity Group Inc.
IR Contact: Devin Sullivan 212-836-9608
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