Performance Technologies Awarded Gold Vendor Status from Venture Development Corporation10 May 2005
Performance Technologies (Nasdaq: PTIX - News), a leading developer of integrated systems, platforms, components and software, today announced it has been awarded Gold Board Vendor Status from Venture Development Corporation (VDC) for exemplary service to the embedded industry.
Each year, VDC distributes Merchant Embedded Board User Satisfaction surveys in conjunction with the preparation of its Industry Overview of the Merchant Computer Boards for Embedded/Real-Time Applications Intelligence Program. Gold or Platinum status is awarded to the top 30 companies ranked in these surveys.
"Recently, there has been a wave of industry consolidation, which we expect to continue. As more companies offer broader product lines, we have elected to only award Platinum and Gold status in a single, all-encompassing category," said Eric Gulliksen, embedded hardware practice director for VDC. "Since more board categories are now included in the evaluation, making more firms eligible for an award, this actually makes achieving Platinum or Gold status more difficult than it had been in the past."
"Venture Development Corporation is among the leading analyst firms in the embedded marketplace, and its opinions and reports are highly valued throughout the industry," said Don Turrell, president and CEO of Performance Technologies. "We are honored to receive this prestigious distinction from such a respected firm."
Performance Technologies is a single source solutions provider of platforms, slot components, development software and world-class support and maintenance programs. All products from Performance Technologies are integrated by design and offer equipment manufacturers and integrators the most unified and complete solution set for systems development.
About Performance Technologies
Performance Technologies (Nasdaq: PTIX - News) develops the systems, platforms, components and software solutions for the world's evolving communications infrastructure. Our broad customer base includes companies in the communications, military and commercial markets. Serving the industry for more than 20 years, our complete line of embedded and system-level products enables equipment manufacturers and service providers to offer highly available and fully-managed systems with time-to-market, performance and cost advantages.
Performance Technologies is headquartered in Rochester, New York. Additional operational and engineering facilities are located in San Diego and San Luis Obispo, California; Norwood, Massachusetts and Ottawa, Canada. For more information, visit http://www.pt.com or contact sales@pt.com.
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 various risks and uncertainties and the Company's actual results could 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, fluctuations in quarterly and annual results, the reliance on a limited number of third party suppliers, limitations of the Company's manufacturing arrangements, the protection of the Company's proprietary technology, the dependence on key personnel, potential delays associated with the purchase and implementation of an enterprise-wide software system and potential impairments of investments. These statements should be read in conjunction with the audited Consolidated Financial Statements, the Notes thereto and Management's Discussion and Analysis of Financial Condition and Results of Operations of the Company as of December 31, 2004, as reported in its Annual Report on Form 10-K, and other documents as filed with the Securities and Exchange Commission.
Note to Editors: Brand or product names are registered trademarks or trademarks of their respective holders.
--------------------------------------------------------------------------------
Source: Performance Technologies
Source: PR Newswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
Related Computer Hardware Articles
|
