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SBS Technologies, Inc. ("SBS") (the "Company") (NASDAQ: SBSE) today announced the opening of its European headquarters. SBS Technologies Europe will offer sales, marketing, and manufacturing support for all of the Company's products in Europe. SBS Technologies Europe is headquartered in Augsburg, Germany and is registered under the name SBS-or Industrial Computers (formerly or Industrial Computers). The announcement was made during a press conference held at the Embedded Systems Germany Conference in Nurenberg.
"The opening of SBS Technologies Europe is part of our long-term plan to focus strategically on our European customers and provide them with direct, timely support for SBS' Computer Group and Aerospace Group product lines," said Christopher J. Amenson, Chairman and Chief Executive Officer for SBS Technologies. "Customers will now have the ability to place orders in the European time zones for all SBS products. With sales offices in Germany, the United Kingdom and Scandinavia, SBS is committed to increasing its position as a major supplier of embedded computer solutions for the European market," added Amenson.
All sales activities for the European market will be handled through a combination of a direct sales force, local distributors for the entire SBS product line and SBS sales partners for Connectivity Products and Modular I/O. A team of application engineers and product line managers, dedicated to particular product lines, will provide customer support from Augsburg.
About SBS Technologies Europe
Headquartered in Augsburg, Germany, SBS Technologies Europe supplies 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. Products are available in commercial and extended temperature, with selected products also available in rugged and military styles for severe environments or conduction cooled applications.
SBS Technologies Europe will also provide complete system solutions utilizing the entire Computer Group and Aerospace Group product lines. SBS Technologiesí embedded computer components are used in a variety of applications in the commercial and aerospace markets such as communications, medical imaging, industrial control and flight instrumentation.
Certain of the foregoing information are forward-looking statements regarding the future events or the future financial performance of SBS, which are subject to risks and uncertainties. SBSí actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially. Although it is not possible to predict or identify all of those factors, they may include: general business and economic conditions; customer acceptance of and demand for SBS' new products; SBS' overall ability to design, test and introduce new products on a timely basis; the cyclical nature of the markets addressed by SBS' products; and the risk factors listed from time to time in documents filed by SBS with the Securities and Exchange Commission.