QMRK News Qualmark Corporation Receives US Department of Commerce Exportation License
DENVER--(BUSINESS WIRE)--Qualmark Corporation (OTCBB: QMRK), a world leader in designing,
manufacturing and marketing HALT (Highly Accelerated Life Testing), HASS
(Highly Accelerated Stress Screening) and electro-dynamic systems, today
announced that Ling Electronics, a subsidiary of Qualmark Corporation,
received its first exportation license from the United States Department
of Commerce.
"This is a key license for Qualmark, as it represents a significant
order in the low six-figure range for Ling Electronics and allows us to
deliver the electro-dynamic equipment to a European country in the
fourth calendar quarter of this year," said Charles Johnston, President
and CEO of Qualmark. "The Ling equipment will be utilized to test NATO
military hardware," Johnston concluded.
Qualmark Corporation, headquartered in Denver, Colorado, is the
leader in designing, marketing, and manufacturing accelerated
life-testing systems (HALT and HASS) providing the world’s
largest corporations with solutions that improve product reliability and
allow them to get to market faster. The Company has installed more than
600 of its proprietary testing systems in 30 countries. The Company
operates and partners with 10 testing facilities worldwide.
The Company also offers electro-dynamic vibration solutions through its
subsidiary, Ling Electronics.
Ling Electronics, headquartered in West Haven, Connecticut, is
the leader in supplying electro-dynamic systems, components and service
to the worldwide vibration test equipment market.
The statements included in this press release concerning predictions
of economic performance and management’s plans
and objectives constitute forward-looking statements made pursuant to
the safe harbor provisions of Section 21E of the Securities Exchange Act
of 1934, as amended, and Section 27A of the Securities Act of 1933, as
amended.These statements involve risks and uncertainties that
could cause actual results to differ materially from the forward-looking
statements.Factors which could cause or contribute to such
differences include, but are not limited to, factors detailed in the
Company’s Securities and Exchange Commission
filings; downturns in the Company’s primary
markets; variability of order flow, future economic conditions;
competitive products and pricing; new product development; disruptions
in the Company’s operations from acts of God
or extended maintenance; transportation difficulties; or the delivery of
product under existing contracts and other factors.
