Valpey Fisher Corporation & Precise Time and Frequency, Inc. Announce Global Sales & Distribution Agreement
27 7월 2011 - 9:00PM
Business Wire
Valpey Fisher Corporation (NASDAQ: VPF), and Precise
Time and Frequency, Inc. (PTF) today jointly announced
an agreement in which PTF products will be sold and distributed
worldwide by Valpey Fisher -- expanding its line of high
performance integrated products for timing and frequency control.
Terms of the agreement were not announced.
A privately-held company, Precise Time and Frequency, Inc. will
continue to be active in the design, engineering, and manufacture
of its frequency, time, GPS and switch products. New products will
continue to be developed with input from new and existing
customers.
Through this agreement, Valpey Fisher will productize the line
of PTF products and market them under the Valpey Fisher brand.
Products will be sold and distributed through the direct and
indirect global sales channels of Valpey Fisher.
Over the next 60 days, PTF products will be integrated into the
Valpey Fisher product family through creation of new product
classifications, models and product numbering, and the integration
of the products into Valpey Fisher’s product literature, websites,
and catalogs.
“Our products are the ‘heartbeat’ of many of today’s systems
used in commercial and military applications,” said David Briggs,
CEO, Precise Time and Frequency, Inc. “Leveraging Valpey Fisher’s
extensive sales network will enable PTF to make our leading edge
technologies available to a much broader marketplace.”
“Our alliance with Precise Time and Frequency is a ‘win-win’
combination that unites best of breed technology and talent with
strong global sales, marketing, and support infrastructure,” said
Michael Ferrantino, President and CEO, Valpey Fisher Corporation.
“While our companies have previously operated as separate entities,
both share a common commitment to delivering high performance in
mission critical applications at affordable prices. Valpey Fisher
looks forward to working closely with the PTF team and building
value for both of our companies, our stakeholders and our
customers.”
About Precise Time and Frequency, Inc.
Headquartered on the North Shore of Boston, USA, Precise Time
and Frequency, Inc. specializes in the design, manufacture, and
supply of premium performance time and frequency reference
instruments, from high quality quartz oscillators and GPS based
time and frequency instruments, to high performance rubidium
standards. Over the past decade PTF has established a strong
reputation for listening to the needs of their customers and
delivering cost effective solutions to the most demanding
applications. Spanning both military and commercial markets,
applications include metrology standards, synchronization of
communications, radio and TV broadcasting, mobile WiMax, precision
references for satellite ground station up/down converters, network
time sources, fiber optic signal distribution, satellite payload
testing standards, ship-board time distribution, and radio
astronomy references. http://www.ptfinc.com/
About Valpey Fisher
Valpey Fisher Corporation (NASDAQ: VPF) is a global
leader in the design, development, and manufacture
of high-accuracy subsystems integrated into digital and
optical telecommunications systems in use throughout the world for
voice, data and military communications. For more than 80 years,
customers have chosen Valpey Fisher as their preferred supplier of
the electronic components and subsystems that drive their business.
Companies pick Valpey Fisher for its long history of technology
innovation, its high-quality precision products, and its
top-to-bottom commitment to customers to provide and support custom
solutions that meet their evolving needs. The Company’s products
enable communications system vendors to increase network data
capacity and improve voice and video quality. Through its broad
range of timing, control and measurement solutions that deliver
high performance, uncompromised precision, and consistent
reliability-- Valpey Fisher partners with customers to help them
succeed in the markets they compete in including wireless and
wireline infrastructure, microwave radio, military communications,
instrumentation, imaging and industrial applications. Valpey
Fisher’s global customer base of original equipment manufacturers
(including Alcatel-Lucent, BAE Systems, Google, IBM, Juniper
Networks, and Raytheon) and electronics manufacturing services
companies are served by direct sales personnel, independent
manufacturers’ representatives, and distributors worldwide.
For more information on Valpey Fisher's innovative products
please visit www.valpeyfisher.com.
Valpey Fisher Corp. (MM) (NASDAQ:VPF)
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Valpey Fisher Corp. (MM) (NASDAQ:VPF)
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