The LGL Group, Inc. (NYSE MKT:LGL) (the “Company”) announced that Roger
Paulsen has joined MtronPTI’s Spectrum Control Engineering Group,
bringing significant experience in the design of more complex RF
subsystems.
Mike Howard, MtronPTI’s Vice President of Spectrum Control Engineering,
said, “We’re delighted that Roger has joined our design group. He has
worked with several of the major companies in RF design and
implementation, including Honeywell, General Dynamics and Cobham. He
also has extensive experience with tunable filters and will immediately
strengthen our position in that market.”
Michael Ferrantino, LGL’s Executive Chairman and Chief Executive
Officer, said, “Adding additional design capabilities to MtronPTI is
part of our continuing investment in revitalizing our IP and
transforming our product portfolio toward longer product life cycles,
enhanced capability integration and improving margins.”
Over the last 15 months, MtronPTI’s Spectrum Control unit has expanded
product offerings to include higher power, higher frequency, tunable and
switched filter offerings for a variety of applications, including
software-defined digital radios, UAV’s and electronic jamming. In
addition, the Company has extended its portfolio through strategic
partnerships with Microwavefilter/TVC and Exodus Advanced
Communications, adding waveguide filters from 20 GHz to 80 GHz, with
applications for point-to-point data links, satellite, small cell and
microwave backhaul, as well as solid state power amplifiers for tactical
communications, electronic warfare, satellite communications, industrial
and scientific applications.
About The LGL Group, Inc.
The LGL Group, Inc., through its wholly-owned subsidiary MtronPTI,
manufactures and markets highly-engineered electronic components used to
control the frequency or timing of signals in electronic circuits. These
components ensure reliability and security in aerospace and defense
communications, synchronize data transfers throughout the wireless and
internet infrastructure, and provide low noise and base accuracy for lab
instruments,.
Headquartered in Orlando, Florida, the Company has additional design and
manufacturing facilities in Yankton, South Dakota and Noida, India, with
local sales offices in Sacramento, California and Hong Kong.
For more information on the Company and its products and services,
contact LaDuane Clifton at The LGL Group, Inc., 2525 Shader Rd.,
Orlando, Florida 32804, (407) 298-2000, or visit www.lglgroup.com
and www.mtronpti.com.
Caution Concerning Forward-Looking Statements
This press release may contain forward-looking statements made in
reliance upon the safe harbor provisions of Section 27A of the
Securities Act of 1933, as amended, and Section 21 E of the Securities
Exchange Act of 1934, as amended. Forward-looking statements include all
statements that do not relate solely to historical or current facts, and
can be identified by the use of words such as “may,” “will,” “expect,”
“project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,”
“should,” “continue” or the negative versions of those words or other
comparable words. These forward-looking statements are not guarantees of
future actions or performance. These forward-looking statements are
based on information currently available to us and our current plans or
expectations, and are subject to a number of uncertainties and risks
that could significantly affect current plans, anticipated actions and
our future financial condition and results. Certain of these risks and
uncertainties are described in greater detail in our filings with the
Securities and Exchange Commission. We are under no obligation to (and
expressly disclaim any such obligation to) update or alter our
forward-looking statements, whether as a result of new information,
future events or otherwise.
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