|[June 18, 2014]
Astro-Med Announces Contract with Thales Avionics for ToughWriter 5 Flight Deck Printers
WEST WARWICK, R.I. --(Business Wire)--
Astro-Med (News - Alert), Inc. (NASDAQ: ALOT) announced today that it has been selected
by Thales Avionics (EN Paris: HO.PA) to supply flight deck printers for
the Airbus A330/A340 long-range aircraft.
The agreement covers flight deck printers for the Airbus A330 long-range
aircraft, which is currently in production, and for retrofits of the
Airbus A340 long-range aircraft. After the necessary qualification tests
and certifications are completed this year, Astro-Med will be supplying
its latest ToughWriter
5 model printer to Thales (News - Alert) for these programs. Manufacturing will be
done at Astro-Med's aerospace products production facilities in West
Warwick, Rhode Island.
"We are extremely pleased to have the trust and confidence of Thales
Avionics, a global leader in supplying on-board avionic suites and
systems to major aircraft manufacturers," said Gregory A. Woods, the
Company's President and Chief Executive Officer. "The response to the
ToughWriter has been enthusiastic, and we look forward to providing
Thales Avionics with a high-quality aerospace printer."
"Astro-Med will complete the manufacture, test, and delivery of these
ToughWriter 5 flight deck printers with the same commitment to quality
and value that have made Astro-Med the global leader in airborne
printers," said Thomas W. Carll, Vice President of Astro-Med Test &
Measurement Product Group.
About Thales Avionics
Thales is a global leader in onboard electronics for aircaft, supplying
avionic suites and systems to major aircraft manufacturers. We provide
our customers with the full range of equipment, subsystems and systems
for flight control, navigation, communication and surveillance for
aircraft including helicopters. Thales Avionics is a part of Thales
Group, headquartered in Paris, France. Additional information about
Thales Avionics products is available at: https://www.thalesgroup.com/en/worldwide/aerospace/what-we-do.
About Astro-Med, Inc.
Astro-Med, the leader in airborne printers, has been designing and
manufacturing ruggedized flight deck printers for nearly three decades.
These ruggedized printers and related ruggedized Ethernet switches,
which are part of our Test & Measurement Group, are used in the most
demanding military and commercial environments, including airborne,
shipboard, and ground vehicle applications. Astro-Med is currently
furnishing airborne printers for a wide range of aircraft including the
Airbus A380 and A400M, the Boeing (News - Alert) C-17, B-737, B-787, B-777, B-747-8,
the Embraer ERJ, and the Lockheed C-130. Astro-Med is certified to
AS9100, the quality management system specifically designed for
manufacturers of aerospace industry products. Astro-Med is proud to
manufacture in Rhode Island. Additional information about Astro-Med's
ruggedized printer products is available at http://www.astro-med.com/ruggedized_products.
Information included in this news release may contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements are not statements of
historical fact, but rather reflect our current expectations concerning
future events and results. These statements may include the use the
words "believes," "expects," "intends," "plans," "anticipates,"
"likely," "continues," "may," "will," and similar expressions to
identify forward-looking statements. Such forward-looking statements,
including those concerning the contract with Thales Avionics, involve
risks, uncertainties and other factors, some of which are beyond our
control, which may cause our actual results, performance or achievements
to be materially different from those expressed or implied by such
forward-looking statements. These risks, uncertainties and factors
include, but are not limited to, those factors set forth in the
Company's Annual Report on Form 10-K for the fiscal year ended January
31, 2014 and subsequent filings Astro-Med makes with the Securities and
Exchange Commission. 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. The reader is cautioned not
to unduly rely on such forward-looking statements when evaluating the
information presented in this news release.
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