WEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova, Inc. (NASDAQ: ALOT), a global leader in data visualization technologies, today announced that it has been selected by China Electronics Technology Avionics Co., Ltd. (CETCA) to provide the ToughWriter 5® flight deck printer to provide the printing function for the CETCA supplied Information System for the new COMAC C919 aircraft, manufactured by the Commercial Aircraft Corporation of China, Ltd. (COMAC).
Executives from AstroNova and CETCA commemorated the alliance with a signing ceremony last month at CETCA’s headquarters in Chengdu.
“This strategic alliance with CETCA underscores the global leadership position of our aerospace printer technology,” said AstroNova President and CEO Greg Woods. “We are honored to partner with CETCA and COMAC and excited about the growth potential of their new aircraft. It is through these kinds of relationships that we are building a strong presence in the Asia-Pacific region. We see this agreement as an important catalyst in our strategy to further expand our Aerospace business in China and other markets around the world.”
At 8.25 pounds and 7.3 inches deep, the ToughWriter 5® is the industry’s smallest and lightest wide-format flight deck printer, combining efficiency and ruggedized design with high print quality. AstroNova Aerospace printers are relied on by commercial and business aerospace customers to print flight plans, navigation information, ACARS messages and performance data.
“This month’s successful maiden flight of the C919 is a harbinger of growth for China’s civil aviation industry,” said Mr. Chen Guohai, General Manager of CETCA. “We value our alliance with AstroNova, whose technology provides information that is critical for pilots to perform their jobs effectively. With China poised to become the world’s largest aviation market by 2024, the demand for new aircraft will continue to increase. We look forward to a long and successful relationship with suppliers like AstroNova as we meet that demand.”
The largest commercial airliner to be designed and built in China, the C919 is a narrow-body, twin-engine plane that seats up to 168 passengers. It will be the second commercial aircraft manufactured in China that is equipped with an AstroNova printer. The Company also makes a printer for a commercial regional jet under an OEM agreement.
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 concerning growth through acquisitions, 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.