WEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova, Inc. (NASDAQ: ALOT), a leading manufacturer and supplier of aerospace products, including printers, networking hardware and related accessories, today announced that it has been awarded the 2016 Boeing Performance Excellence Award – Silver Level.
The Boeing Company recognized AstroNova for achieving superior supplier performance in areas including on-time delivery and quality. Silver is one of the highest designations in Boeing’s Preferred Supplier Certification program.
“Performance excellence is fundamental to the success of both our companies,” Boeing wrote in a letter to AstroNova. “We extend our sincere congratulations to the employees of AstroNova for demonstrating their dedication to the high performance standards necessary to meet customer expectations and remain competitive in the global economy.”
“It’s extremely gratifying to receive this recognition for the second consecutive year,” said President and CEO Gregory A. Woods. “The Performance Excellence Award reflects the hard work and dedication of our entire Aerospace team and the ongoing success of our lean initiatives. Over the past year, two of our printers have been included in the Boeing 737 catalog. We look forward to further expanding our relationship with Boeing in the years ahead and broadening our technology leadership in the aerospace market.”
AstroNova, Inc. (NASDAQ: ALOT), a global leader in data visualization technologies, designs, manufactures, distributes and services a broad range of products that acquire, store, analyze and present data in multiple formats. The Product Identification segment offers a variety of hardware and software products and associated supplies that allow customers to mark, track and enhance the appearance of their products. The segment’s two business units are QuickLabel®, the industry leader in tabletop digital color label printing and TrojanLabel™, a leader in the light-production color label press and specialty printer markets. The Test and Measurement segment includes the Test & Measurement business unit, which offers a suite of products and services that acquire, record and analyze electronic signal data from local and networked sensors. The segment also includes the Aerospace business unit, which makes printers, networking hardware and related accessories. These products are used in the aircraft flight deck to print flight plans, navigation information and performance data and in the aircraft cabin to print maintenance data, receipts and passenger manifests. AstroNova is a member of the Russell Microcap® Index and the LD Micro Index (INDEXNYSEGIS: LDMICRO). Additional information is available by visiting www.astronovainc.com.
Information included in this news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical fact, but rather reflect our current expectations concerning future events and results. These statements may include the use of the words “believes,” “expects,” “intends,” “plans,” “anticipates,” “likely,” “continues,” “may,” “will” and similar expressions to identify forward-looking statements. Such forward-looking statements, including those relating to expanding the Company’s relationship with Boeing and broadening its technology leadership in the aerospace market, involve risks, uncertainties and other factors, some of which are beyond our control, which may cause our actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. These risks, uncertainties, and factors include, but are not limited to, those factors set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2017 and subsequent filings AstroNova makes with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The reader is cautioned not to unduly rely on such forward-looking statements when evaluating the information presented in this news release.