Monday, September 8th, 2008
| September 02, 2008 |
LANCASTER, Pa., Sept. 2 /PRNewswire-FirstCall/ — Herley Industries, Inc. (Nasdaq: HRLY) announced today that Micro Systems, Inc., a wholly owned subsidiary of the Company, won the Raytheon Missile Systems Four Star 2008 Supplier Excellence Award. This prestigious award requires consistent excellence including a greater than 97% on-time delivery rating, greater than 97% quality rating, and an ISO 9001 or AS9100 registered Quality System. Dale Gates, Vice President of Business Development, accepted the award on behalf of Micro Systems, Inc. The award was presented at the 2008 Raytheon Missile Systems Partner Symposium with over 950 attending, representing more than 300 companies of several thousand that supply products and components to Raytheon Missile Systems. Less than ten companies received the award.”Our employees have worked very hard, and understand how our performance affects the Mission Assurance of Raytheon Missile Systems,” stated Gates. “It is gratifying to see this customer focus recognized by such a valued customer.”Micro System, Inc., a wholly owned subsidiary of Herley Industries, supplies C-Band Radar Tracking Transponders, C-Band Transponder Test Sets, and Flight Termination System Test Sets to Raytheon.Herley Industries, Inc. is a leader in the design, development and manufacture of microwave technology solutions for the defense, aerospace and medical industries worldwide. Based in Lancaster, PA, Herley has eight manufacturing locations and approximately 935 employees. Additional information about the company can be found on the Internet at http://www.herley.com. For information at Herley contact: Tel: (717) 735-8117 Peg Guzzetti www.herley.com Investor Relations Safe Harbor Statement — Except for the historical information contained herein, this release may contain forward-looking statements. Such statements are inherently subject to risks and uncertainties. When used in this report, words such as “anticipated,” “believes,” “could,” “estimates,” “expects,” “may,” “plans,” “potential” and “intends” and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the belief of the Company’s management, as well as assumptions made by and information currently available to the Company’s management. The Company’s results could differ materially based on various factors, including, but not limited to, cancellation or deferral of customer orders, difficulties in the timely development of new products, difficulties in manufacturing, increased competitive pressures, and general economic conditions. The Company undertakes no obligation to update forward-looking statements as a result of future events or developments. SOURCE Herley Industries, Inc. |
Micro Systems, Inc.
35 Hill Avenue
Fort Walton Beach, FL.
32548-3858
Phone: 850.244.2332
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