SBS Technologies, Inc. Announces The Opening Of Its New 75,000 Square Foot San Diego Facility
Three SBS Technologies operations consolidated
SBS Technologies, Inc. ("SBS") (Nasdaq: SBSE) today announced the opening of its new southern California facility. The 75,000 square foot building brings together the sales, marketing, and manufacturing forces of three SBS operations:&8226; SBS Technologies, Inc., Embedded PPC Products, which designs, manufactures and markets CPU boards based on IBM/Motorola PowerPC processors for embedded computer applications, &8226; SBS Technologies, Inc., Industrial Computers, a manufacturer of custom PCs and enclosures for industrial computing and telephony applications, &8226; SBS Technologies, Inc., Telemetry and Communications Products, a provider of open architecture telemetry boards for aircraft, spacecraft, and launch-vehicle telemetry programs, as well as DataXpress&8482;, the Company's Windows NT-based data acquisition software. "The opening of the SBS Technologies southern California facility is a true milestone for the company," said Christopher J. Amenson, Chairman and CEO of SBS Technologies. "By bringing these businesses under one roof, SBS can more fully take advantage of the synergies between them, thereby better serving our customers. The facility, which is an ideal customer development center, is large enough to accommodate significant growth in our business." The new building has 43,000 square feet dedicated to warehouse and manufacturing use, with the remaining 32,000 square feet of the new facility used as office space. SBS Technologies, Inc. (NASDAQ: SBSE) is a leading manufacturer of standard bus embedded computer components for VME, CompactPCI, embedded PC and custom standalone applications. SBS product lines include CPU (Pentium and PowerPC) boards, input/output (I/O) modules, avionics modules and analyzers, bus interconnection products, expansion units, real-time networks, telemetry boards, data acquisition software, DIN-rail embedded PCs, and industrial-grade computers. SBS Technologies' embedded computer components are used in a variety of applications, such as communications, medical imaging, industrial control and flight instrumentation, in the commercial and aerospace markets. This news release contains forward-looking statements that involve risks and uncertainties that could cause actual results or outcomes to differ materially from those anticipated. These forward looking statements should be considered in light of the risk factors listed in the Company's Annual Report on Form 10-K for the year ending June 30, 1998 filed with the Securities and Exchange Commission.