Giga-tronics Receives Orders in Excess of $4.8 Million |
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Giga-tronics, Inc.
4650 Norris Canyon Rd.
San Ramon, CA, 94583
USA
Press release date: November 30, 2010
SAN RAMON, Calif. - Giga-tronics Incorporated (Nasdaq:GIGA) announced today that it has received orders in excess of $4.8M to supply microwave test equipment for the automation of production at contract manufacturers in China. The products supplied are part of Giga-tronics' microwave signal switching family. These orders are expected to ship this Fiscal Year.
John Regazzi, CEO of Giga-tronics, stated, "Our ASCOR series 8000 was selected due to its ease of configurability for matching a wide range of test setups and because it delivers a guaranteed 10 million cycles of operation. This award is also significant for Giga-tronics as it represents our first real penetration into Asia and positions the Company for future growth from this region."
Giga-tronics is a publicly held company, traded on the NASDAQ Capital Market under the symbol "GIGA". Giga-tronics produces instruments, subsystems and sophisticated microwave components that have broad applications in defense electronics, aeronautics and wireless telecommunications.
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