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Technology Stocks : White Electronic Designs Corp (WEDC) - Tech Value? -- Ignore unavailable to you. Want to Upgrade?


To: Jim Oravetz who wrote (39)4/27/2000 9:59:00 AM
From: GARY P GROBBEL  Respond to of 40
 
(COMTEX) B: White Electronic Designs Receives $1.8 Million Order For
B: White Electronic Designs Receives $1.8 Million Order For Internet Network
High Speed Semiconductor Modules

PHOENIX, Apr 27, 2000 (BUSINESS WIRE) -- White Electronic Designs Corporation
(AMEX: WHT) today announced that its Commercial Division has received a
continuation order of $1.8 million for Lucent Technologies, for high speed
Synchronous SRAM Modules (SSMs). During the first half of fiscal year 2000,
White has received a total of $6.6 million in orders for this program compared
to $7.9 million for all of fiscal year 1999.

In response to this most recent order, Hamid Shokrgozar, President and CEO of
White commented, "We are very pleased with the remarkable strength in order
demand for our memory module solution products. Our SSM product family now
consists of multiple architectures, densities and footprints, increasing the
number of end product platforms able to utilize these memory solutions. We
expect SSMs to continue to be the memory solution of choice for high-end
tele/data communications platforms."

White Electronic Designs Corporation creates innovative solutions for the design
and manufacture of critical products for three high technology sectors in both
the military and commercial markets: high-density memory products and multi-chip
modules for datacommunications and telecommunications providers; ruggedized
high-legibility flat panel display for commercial/military aircraft and ordnance
delivery systems; interface storage and retrieval devices, and electromechanical
assemblies for OEM's in commercial and military markets. Headquartered in
Arizona, Massachusetts and Indiana.

To learn more about White Electronic Designs Corporation's business, as well as
employment opportunities, please visit its website at whiteedc.com

This news release may contain forward-looking statements. Future results of
operations, projections, and expectations which may relate to this release
involve certain risks and uncertainties. Information contained herein has been
obtained from sources presumed to be reliable and should be considered in
conjunction with other available information about the Company before making any
investment decisions.


Distributed via COMTEX.

Copyright (C) 2000 Business Wire. All rights reserved.

-0-

CONTACT: White Electronic Designs Corp.
Hamid Shokrgozar, 602-437-1520
hamid@whiteedc.com
or
Cameron Associates
Michael Brod, 212-245-8800
michael@cameronassoc.com


KEYWORD: ARIZONA CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS
INTERNET
NETWORKING
HARDWARE
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