ROCHESTER, NY – Performance Technologies (NASDAQ: PTIX), a leading developer of communication platforms and systems, today announced significant upgrades to its line of CompactPCI® storage blades. The companys hot-swappable, SAN and SATA, RAID-ready storage blades now have the capacity for up to two (2) terabytes (TB) of data, more than twice their previous amount.
The CPC5900, a high availability IP SAN storage blade, and the CPC5910, a high-performance expansion blade, each support two Enterprise-class 3.5 inch SATA hard drives with both board-level and drive-level hot-swap for improved product flexibility and high reliability. As the leading architects of CompactPCI and PICMG 2.16, Performance Technologies has an ongoing commitment to the CompactPCI market and will continue to develop and evolve this robust architecture to meet customer requirements in all markets.
“CompactPCI has proven to be a very resilient and adaptable technology with increased deployments in arenas far from its original telecom roots,” said Hank Heneghan, director of product management at Performance Technologies. “We continue to see more adoption of this robust architecture that we project will have a prolonged life cycle in many aerospace and defense applications.”
Systems that rely on Performance Technologies CompactPCI components include sonar arrays on submarines, aircraft network communication systems, and weather alert systems. The companys wide range of CompactPCI solutions include high-availability WAN gateways, Advanced Managed Platforms, single board computers, communications I/O, and award winning Ethernet switches. All components are integrated with Performance Technologies CGL 4.0 registered Linux® OS and development environment, NexusWare®.
Online Resources
Embedded engineers needing more information on Performance Technologies high-performance storage blades and other CompactPCI offerings can reference the following online resources:
— Advanced Managed Platforms: www.pt.com/products/prodgroup_platforms.html
— Communication solutions for aerospace and defense companies: www.pt.com/aerospace_defense.html
— CPC5900, IP storage blade: www.pt.com/products/prod_CPC5900.html
— CPC5910 SATA storage expansion blade: www.pt.com/products/prod_CPC5910.html
— NexusWare (Linux OS and development environment): www.pt.com/products/nexusware.html
— Other CompactPCI products: www.pt.com/products/prodgroup_CompactPCI.html
— White Paper – CompactPCI Storage Blades – Expanding Performance and Increasing Reliability: www.pt.com/storage
About Performance Technologies (www.pt.com)
Performance Technologies (NASDAQ: PTIX) 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™ 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 Companys 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 Companys 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 Companys manufacturing capacity and arrangements, the protection of the Companys 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 Companys 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 Companys Annual Report on Form 10-K, and other documents filed with the Securities and Exchange Commission.
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