ROCHESTER, N.Y. and MISSISSAUGA, Ontario, May 5 /PRNewswire-FirstCall/ -- Performance Technologies (Nasdaq: PTIX), a leading developer of communication platforms and systems, today announced it has signed a new distribution agreement for its family of embedded hardware and software solutions in Canada. Integrys, a subsidiary of Allan Crawford Associates, will be providing sales, service, and support for Performance Technologies' embedded platforms, blades, and software offerings for all of Canada. This includes the company's newly launched 1U MicroTCA(TM) product, the MTC5070.
ROCHESTER, N.Y. and MISSISSAUGA, Ontario, May 5 /PRNewswire-FirstCall/ — Performance Technologies (Nasdaq: PTIX), a leading developer of communication platforms and systems, today announced it has signed a new distribution agreement for its family of embedded hardware and software solutions in Canada. Integrys, a subsidiary of Allan Crawford Associates, will be providing sales, service, and support for Performance Technologies' embedded platforms, blades, and software offerings for all of Canada. This includes the company's newly launched 1U MicroTCA(TM) product, the MTC5070.
"International sales and marketing expansion are a vital part of our corporate objectives this year as we deploy our world-class embedded solutions to customers on a global basis," said Ed Bizari, vice president of sales and marketing for Performance Technologies. "We are very pleased that we have significantly strengthened our Canadian presence with Integrys. Their strong presence across Canada, excellent product knowledge, support, and after sales service will benefit Performance Technologies and our mutual customers."
"Performance Technologies is a recognized leader in embedded computing solutions," said Integrys President Brian Flippance. "Reliability and high availability are important to our customers. The innovative, standards-based products supplied by Performance Technologies better position us to serve that vital need."
Performance Technologies' standards-based embedded hardware, that includes PCI(TM), CompactPCI(R), MicroTCA and AMC form factors, and powerful CGL Registered Linux(R) OS and development environment, NexusWare(R), provides OEMs and system integrators with compute intensive solutions used in telecommunications, aerospace and defense, as well as commercial applications.
About Integrys (www.integrys.com)
For more than 40 years, Integrys has been a leading supplier of specialized products and support services for OEMs and System Integrators in Canada. A subsidiary of Allan Crawford Associates Ltd. since 1997, Integrys is recognized as the leader in supplying high availability, value-added solutions to OEMs, SIs, and the manufacturing industry.
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, 2007, as contained in the Company's Annual Report on Form 10-K, and other documents filed with the Securities and Exchange Commission.
The names of actual companies, products, or services may be the trademarks, registered trademarks, or service marks of their respective owners in the United States and other countries.
SOURCE Performance Technologies