Toronto, August 25, 2005 – Firan Technology Group Corporation today announced that its Aerospace Division has been awarded the Aerospace Standard AS9100B certification.
This is the second division of FTG to obtain this designation over the past year, following FTG Circuits (Toronto) certification as of January 27, 2005. The certification was performed by Intertek System Certification and is in addition to the division’s certification to ISO 9001/2000.
“FTG Aerospace, in its efforts to meet the very high expectations of its aerospace customers, see this as another milestone for the business and part of our growth strategy going forward”, said Collin Latchman, General Manager and VP of Business Development. “In addition, as we increase our product offering in the cockpit by providing more complete control assemblies, this certification is critical in streamlining our processes from engineering through to final inspection”.
FTG Aerospace’s Quality Policy is to fully meet customers’ expectations and improve our processes and services for the design, development and manufacturing of integrally illuminated Panels, Keyboards and Sub-Assemblies for displays.
Being certified to AS9100B confirms FTG Aerospace as having a functionally recognized Business Management System that has been reviewed and audited for the capability to provide products and services for the Aerospace Industry.
About Firan Technology Group
FTG is an aerospace and defence 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, defence, 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 may contain 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. The Company does not undertake and has no specific intention to update any forward-looking statements, written or oral that may be made from time to time by or on its behalf whether as a result of new information, future events or otherwise.
For further information please contact:
Bradley C. Bourne, President and CEO
Tel: (416) 299-4000 x314
Firan Technology Group
Joseph R. Ricci, Vice President and CFO
Tel: (416) 299-4000 x309
Firan Technology Group