Firan Technology Group Corporation (FTG) Achieves Nadcap Accreditation for Electronics
Firan Technology Group Corporation (FTG) Achieves Nadcap Accreditation for Electronics
Toronto – November 6, 2007 – FTG announced today they have achieved Nadcap accreditation at their FTG Circuits – Toronto site. Specifically, the accreditation is under the category AC7119 Electronics: printed circuit boards. FTG Circuits is only the second circuit board manufacturer in North America to achieve this accreditation.
Nadcap is the leading, worldwide cooperative program of major companies designed to manage a cost effective consensus approach to special processes and products and provide continual improvement within the aerospace industry. Nadcap provides international, unbiased, independent manufacturing process and product assessments and certification services for the purpose of adding value, reducing total cost, and facilitating relationships between primes and suppliers.
“We are proud of our focus on quality at FTG. As part of our Operational Excellence strategy, we strive for world-class quality systems and process controls. The Nadcap accreditation both demonstrates our achievements and is part of our path towards continuous improvement looking forward,” stated Brad Bourne, President and CEO, FTG Corporation.
ABOUT FIRAN TECHNOLOGY GROUP CORPORATION
FTG is an aerospace and defense electronics product and subsystem supplier to the North American marketplace. FTG has two operating units.
FTG Circuits is a manufacturer of high technology/high reliability printed circuit boards. Our customers are leaders in the aviation, defense, and high technology industries. FTG Circuits has operations in Toronto, Ontario and Chatsworth, California.
FTG Aerospace manufactures illuminated cockpit panels, keyboards and sub-assemblies for original equipment manufacturers of avionics products as well as airframe manufacturers.
The Company’s shares are traded on the Toronto Stock Exchange under the symbol FTG.
This news release contains certain forward-looking statements. Such statements are based on the current expectations of management of the Company and inherently involve numerous risks and uncertainties, known and unknown, including economic factors and the Company’s industry, generally. The preceding list is not exhaustive of all possible factors. Such forward-looking statements are not guarantees of future performance and actual events and results could differ materially from those expressed or implied by forward-looking statements made by the Company. The reader is cautioned to consider these and other factors carefully when making decisions with respect to the Company and not place undue reliance on forward-looking statements.
For further information please contact:
Bradley C. Bourne,
President and CEO
Tel: (416) 299-4000 x 314
Firan Technology Group Corporation
bradbourne@ftgcorp.com
Joseph R. Ricci,
Vice President and CFO
Tel:(416) 299-4000 x 309
Firan Technology Group Corporation
joericci@ftgcorp.com
Additional information can be found at the Company’s web site www.ftgcorp.com
Additional information about Nadcap can be found at www.pri-network.org