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ROCHESTER, N.Y., Aug. 5 /PRNewswire-FirstCall/ — Performance Technologies , a leading developer of communication platforms and systems, today announced agreements with two new European distributors. PROSOFT Ltd. will be representing Performance Technologies’ line of integrated embedded systems and software in Russia and other CIS and Baltic states, while Systerra computer GmbH will help expand the company’s reach into Germany, Switzerland, and Austria.
“Performance Technologies is committed to providing our world-class embedded technologies to manufacturers of communication electronics and data networks on a global basis,” said Robert Potter, vice president of sales for Europe, the Middle East, and Africa for Performance Technologies. “We are delighted to have PROSOFT and Systerra, each well known for excellence in customer service and technical expertise, representing our award-winning solutions.”
Performance Technologies’ hardware and software solutions, including the company’s CompactPCI(R) and MicroTCA(TM) platforms, offer equipment manufacturers high reliability and robust platforms with time-to-market and cost advantages. End user products and systems deployed with Performance Technologies’ CGL 4.0 registered Linux(R) OS and development environment, NexusWare(R), further realize faster integration and development of reliable and redundant high availability communication systems for the telecommunications, aerospace and defense, and commercial markets.
PROSOFT Ltd. ()
PROSOFT Ltd. is a leading Russian distributor of equipment, components, and software for industrial automation, process control, and embedded systems. Founded in 1991, the company has headquarters in Moscow and covers all of Russia as well as Ukraine, Belarus, Kazakhstan, Uzbekistan, Armenia, Azerbaijan, Lithuania, Latvia, and Estonia with its activity.
Systerra computer GmbH ()
Headquartered in Frankfurt and with offices across Germany as well as in Switzerland and Austria, Systerra computer GmbH is a leading integrator, tester, and supplier of embedded systems. From design to optimization, Systerra provides long-term support throughout product life-spans.
About Performance Technologies ()
Performance Technologies 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. The Company’s future operating results are subject to various risks and uncertainties and could differ materially from those discussed in the forward-looking statements and may be affected by various trends and factors which are beyond the Company’s control. 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, inability to gauge order flows from customers, 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 goodwill and investments, foreign regulations and potential material weaknesses in internal control over financial reporting. In addition, during weak or uncertain economic periods, customers’ visibility deteriorates causing delays in the placement of their orders. These factors often result in a substantial portion of the Company’s revenue being derived from orders placed within a quarter and shipped in the final month of the same quarter. 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.
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Performance Technologies
