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Company News Highlights 2003 p14 of 27:
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Analog Devices reports increased revenue and profits for Q2-03
MAY 15--Analog Devices Inc. (Norwood, MA; www.analog.com), a supplier of semiconductors for signal-processing applications, reports revenues of $502 million and net income of $71.3 million for the second quarter of FY2003.
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Maverick Technologies acquires Reed Hannebaum Engineering Services
MAY 15--Maverick Technologies (Columbia, IL; www.mavtech.cc), an operational consulting and systems-integration firm, has acquired Reed Hannebaum Engineering Services (St. Louis, MO).
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Coreco reports slight revenue drop for Q1-03
MAY 15--Coreco Inc. (St.-Laurent, QC, Canada; www.coreco.com) reports that revenues for the first quarter, ended 31 March 2003, amounted to US$4.37 million versus US$4.84 million for the same period in 2002, a drop of 9.7%.
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Tower Semiconductor to open East Coast office
MAY 15--Tower Semiconductor USA (San Jose, CA; www.towersemi.com) has established an East Coast office in Northborough, MA, that will open this month.
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LINOS posts improved Q1 revenues and orders
MAY 14--LINOS AG (Göttingen, Germany; www.linos.de) generated revenues of EUR 18.5 million in the first quarter of 2003.
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InVision Technologies receives large orders for explosives-detection systems
MAY 13--InVision Technologies Inc. (Newark, NJ; www.invision-tech.com) reports that airport authorities in Madrid, Spain, and Palermo, Italy, have placed further orders for its CTX 9000 DSi explosives-detection systems.
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New SphereOptics-Hoffman executives named
MAY 12--SphereOptics-Hoffman (Contoocook, NH; www.sphere-optics.com) has appointed Joseph Jablonski as vice president of engineering and Chris Durell as director of sales.
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Cosponsors support 1394 Trade Association Developers' Conference in Tokyo
MAY 12--Texas Instruments Inc. (Dallas, TX; www.ti.com) and Wipro Technologies (Santa Clara, CA: www.wipro.com) will cosponsor the 1394 Trade Association (Grapevine, TX; www.1394ta.org) annual Developers' Conference in Tokyo, Japan, next month.
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Verification system selected for automotive powertrain traceability
MAY 12--The Acuity CiMatrix division of Robotic Vision Systems Inc. (RVSI; Nashua, NH; www.rvsi.com) has been selected as the preferred supplier to provide the DMx Auto ID+Express reading and verification system for a worldwide traceability initiative by a leading automotive company.
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Indigo Systems and WinSoft team up for SARS screening
MAY 9--Indigo Systems Corp. (Goleta, CA; www.indigosystems.com) and WinSoft Corp. (Santa Ana, CA; www.winsoft.com) have responded to the Severe Acute Respiratory Syndrome (SARS) epidemic by developing a human skin/body temperature monitoring system with an accuracy of ±0.5°C.
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