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Performance Technologies Joins the Communications Platforms Trade Association (CP-TA)
Press Inquiries
ROCHESTER, N.Y. –July 26, 2006 - Performance Technologies (NASDAQ: PTIX), a leading developer of communication platforms and systems, today announced it has joined the Communications Platforms Trade Association (CP-TA) as a contributor member. With its membership, the company joins 25 embedded industry leaders looking to drive a mainstream market for open industry standard communications platforms through the certification of interoperable products.
Within the last few years, the communications platform industry has worked to develop a full set of open standards for modular communications platforms, providing equipment manufacturers with an alternative to internally-developed proprietary platforms. However, inconsistent interpretations of mandatory requirements and an ever-increasing number of optional requirements have slowed the industry’s move to the next level of interoperability.
Established in April 2006, CP-TA is an association of communications platform and product companies dedicated to delivering open standards based communications platforms through interoperability testing and certification. The association develops interoperability test requirements based on existing open specifications from the Service Availability Forum, PICMG® and OSDL, and on system-level profiles developed by the SCOPE Alliance. Periodic CP-TA Interoperability “Plugfests” allow the CP-TA community to harmonize the execution of automated test suites, as well as offer a true multi-vendor environment for enhanced interoperability testing.
“Communications equipment manufacturers look to companies like Performance Technologies to offer application-ready platforms with increased content and much higher levels of interoperability,” said Ed Bizari, vice president of marketing for Performance Technologies. “CP-TA is playing a pivotal role in facilitating interoperability among vendors. As Performance Technologies begins marketing its 10Gb AdvancedTCA® platforms, easy integration of third party hardware will allow us to directly address the needs of our customers.”
About Performance Technologies
Performance Technologies (NASDAQ: PTIX) develops platforms and systems for the world's evolving communications infrastructure. Our broad customer base includes global technology companies in the telecommunications, defense and homeland security, and commercial markets. Serving the industry for over 25 years, our complete line of embedded and system-level products enables equipment manufacturers and service providers to offer highly available and fully-managed systems with time-to-market, performance and cost advantages.
Performance Technologies is headquartered in Rochester, New York. Additional engineering facilities are located in San Diego and San Luis Obispo, California; and Ottawa, Ontario, Canada. For more information, visit www.pt.com or contact sales@pt.com.
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. These forward-looking statements are subject to various risks and uncertainties and the Company's actual results could differ materially from those discussed in the forward-looking statements. 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, the attainment of design wins, fluctuations in quarterly and annual results, the reliance on a limited number of third party suppliers, limitations of the Company's manufacturing arrangements, the protection of the Company's proprietary technology, the dependence on key personnel, potential delays associated with the purchase and implementation of an enterprise-wide software system and potential impairments of investments. These statements should be read in conjunction with the audited Consolidated Financial Statements, the Notes thereto and Management's Discussion and Analysis of Financial Condition and Results of Operations of the Company as of December 31, 2005, as reported in its Annual Report on Form 10-K, and other documents as filed with the Securities and Exchange Commission.
Note to Editors: Brand or product names are registered trademarks or trademarks of their respective holders.
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