FOR IMMEDIATE RELEASE: May 3, 2006
David Hardesty Mark Sweet
Aeroflex / Weinschel, Inc. Cain-Sweet
301-846-9222 ext 316 425-562-6028
Aeroflex / Weinschel Assigns Cain-Sweet as its Exclusive Canadian Representative
Frederick, MD — May 3, 2006: Aeroflex / Weinschel, Inc. announced today that it has signed an exclusive agreement with Cain-Sweet, Co. to expand their territory as a Manufacturers Representative to now include Canada. Cain-Sweet has represented Aeroflex / Weinschel in the Pacific Northwest and has offices in Vanvouver, Calgary, Toronto, Ottawa, Montreal, Portland and Seattle. The company has 22 years of experience in RF and Microwave sales throughout the Pacific Northwest and has been serving the Canadian markets since 1990.
“Cain-Sweet has been a valuable member of our team for over 20 years and we look forward to continued success in Canada. Their technical expertise, commitment, and customer knowledge complement our overall business strategy perfectly” stated Dave Hardesty, Vice President of Sales and Marketing at Aeroflex / Weinschel.
Marc Sweet, President of Cain-Sweet, Co., said “We’re very excited to be expanding our territory of representation for Aeroflex / Weinschel to now include Canada. Aeroflex / Weinschel has a rich 53 year history of excellence in microwave components and innovative custom test component solutions which are very well aligned with our company’s strategic focus on offering products of the highest quality and performance, and increasing our sales throughout Canada.”
Aeroflex Incorporated is a global provider of high technology solutions to the aerospace, defense, cellular and broadband communication markets. The Company’s diverse technologies allow it to design, develop, manufacture and market a broad range of test, measurement and microelectronic products. The Company’s common stock trades on the Nasdaq National Market System under the symbol ARXX and is included in the S&P SmallCap 600 index. Additional information concerning Aeroflex Incorporated can be found on the Company's Web site: www.aeroflex.com.
About Aeroflex / Weinschel
Aeroflex / Weinschel’s strong heritage and quality innovation places them at the forefront of the RF and Microwave component and subsystem market throughout the world. Since 1952, Aeroflex / Weinschel has aggressively expanded their product range to include a wide variety of fixed coaxial attenuators, terminations, power splitters and dividers, multi-channel attenuation/switching subsystems, Planar Blind-Mate ®, Planar Crown ® connectors and custom RF and microwave components. Additional information concerning Aeroflex / Weinschel Inc. can be found on the Company's Web site: www.aeroflex-weinschel.com.
About Cain-Sweet, Co.
Cain-Sweet, Co. Inc. is a Manufacturers Representative specializing in RF and Microwave components to support the Wireless Communications and Aerospace Markets. They have serviced customers in our local market since 1985. Based in Bellevue, Washington, Cain-Sweet, Co. offers representation in the Pacific Northwest and throughout Canada with a team of experienced and dedicated professionals. Their knowledge in the RF and Microwave industry is a benefit and adds value when dealing with Cain-Sweet, Co. Additional information concerning Cain-Sweet, Co., can be found on the Company's Web site: www.cainsweet.com.
All statements other than statements of historical fact included in this press release regarding Aeroflex’s financial position, business outlook, business strategy and plans and objectives of its management for future operations are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions, as they relate to Aeroflex or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of Aeroflex’s management, as well as assumptions made by and information currently available to its management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, including but not limited to, competitive factors and pricing pressures, the integration of acquired businesses, changes in legal and regulatory requirements, technological change or difficulties, product development risks, commercialization difficulties, general economic conditions, and other risk factors disclosed in Aeroflex’s most recently filed Form 10-Q. Such statements reflect the current views of management with respect to the future and are subject to these and other risks, uncertainties and assumptions relating to Aeroflex’s financial condition, results of operations, growth strategy and liquidity. Aeroflex does not undertake any obligation to update such forward-looking statements.