ROCHESTER, N.Y., Feb. 20 /PRNewswire-FirstCall/ -- Performance Technologies (Nasdaq: PTIX), a leading developer of communication platforms and systems, today announced it has signed new sales agreements for representation of its embedded hardware and software products for portions of the Southeast, Midwest, and Western regions of the United States. Engineering Solutions - West (ES-West), James R. Johnson and Associates, and Southeast Technical Sales (STS) will each be providing local sales, service, and support for Performance Technologies' embedded platforms, blades, and software offerings in their respective geographical regions and assigned territories.
ROCHESTER, N.Y., Feb. 20 /PRNewswire-FirstCall/ — Performance Technologies (Nasdaq: PTIX), a leading developer of communication platforms and systems, today announced it has signed new sales agreements for representation of its embedded hardware and software products for portions of the Southeast, Midwest, and Western regions of the United States. Engineering Solutions – West (ES-West), James R. Johnson and Associates, and Southeast Technical Sales (STS) will each be providing local sales, service, and support for Performance Technologies' embedded platforms, blades, and software offerings in their respective geographical regions and assigned territories.
"I am very pleased that we have strengthened our sales presence in these key areas," said David Cordaro, director of worldwide channel development for Performance Technologies. "The teams at ES-West, James R. Johnson, and Southeast Technical have each earned reputations of delivering high levels of technical expertise and customer care to their respective customers. I anticipate the strong presence they are known for will be of long-term benefit to Performance Technologies as we expand our reach to better meet the growing demand for commercial-off-the-shelf embedded products."
Performance Technologies' embedded platform and blade hardware and powerful CGL-registered Linux(R) operating system and development environment, NexusWare(R), provide OEMs and system integrators with high availability, compute intensive solutions used in telecommunications, aerospace and defense, as well as commercial applications.
Engineering Solutions – West (www.eswest.com)
ES-West represents some of the strongest manufacturers of Industrial Computer products and systems in the industry, as well as high quality Test and Measurement equipment. With over 15 years in business in northern California, the company provides reliable technical assistance, prompt service, and additional value for its customers in northern California, northern Nevada, and Hawaii.
James R. Johnson & Associates, Inc. (www.jamesr.com)
James R. Johnson & Associates, Inc. provides a complete range of computer solutions and services, from board level products to complete computer systems for various system requirements. Their primary markets include MicroTCA(TM), CompactPCI(R), and Industrial PC environments, with special emphasis on network centric and embedded real time applications. They will be representing Performance Technologies in the Midwest region of the United States as well as the eastern states of Pennsylvania and West Virginia.
Southeast Technical Sales (www.setecsales.com)
Southeast Technical Sales specializes in providing a comprehensive offering of commercial, industrial, rugged, and military standard off-the- shelf system level products from industry leaders with strong engineering support. The company's assigned territory includes Alabama, Mississippi, Tennessee, Florida, Georgia, and the Carolinas.
About Performance Technologies (www.pt.com)
Performance Technologies (Nasdaq: PTIX) is a global supplier of integrated IP-based platforms and solutions for advanced communications networks and innovative computer system architectures. Our Embedded Systems Group offers robust application-ready platforms that incorporate open-standards based software and hardware, providing significantly accelerated end product deployment benefits for equipment manufacturers. Our Signaling Systems Group offers the SEGway(TM) product suite, which includes IP STPs, SS7 over IP transport solutions, and signaling gateways that enable lower operating costs through utilization of IP networks, thereby creating competitive advantages for carriers in existing and emerging markets.
Performance Technologies is headquartered in Rochester, New York. Additional engineering facilities are located in San Diego and San Luis Obispo, California, and Kanata, Ontario, Canada.
Forward Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. This press release contains forward-looking statements which reflect the Company's current views with respect to future events and financial performance, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor provisions of those Sections.
These forward-looking statements are subject to certain risks and uncertainties, and the Company's actual results can differ materially from those discussed in the forward-looking statements. These risks and uncertainties include, among other factors, general business and economic conditions, rapid technological changes accompanied by frequent new product introductions, competitive pressures, dependence on key customers, the attainment of design wins and obtaining orders as a result, fluctuations in quarterly and annual results, the reliance on a limited number of third party suppliers, limitations of the Company's manufacturing capacity and arrangements, the protection of the Company's proprietary technology, the dependence on key personnel, changes in critical accounting estimates, potential impairments related to investments, foreign regulations, and potential material weaknesses in the future. Forward-looking statements should be read in conjunction with the audited Consolidated Financial Statements, the Notes thereto, Risk Factors, and Management's Discussion and Analysis of Financial Condition and Results of Operations of the Company as of December 31, 2006, as contained in the Company's Annual Report on Form 10-K, and other documents filed with the Securities and Exchange Commission.
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SOURCE Performance Technologies