WEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova, Inc. (NASDAQ: ALOT), a global leader in data visualization technologies, today announced that Dubai-based flydubai has signed an agreement to install the Company’s ToughWriter® 5 flight deck printer on the airline’s 75 Boeing 737 MAX 8 aircraft.
The advanced ToughWriter 5 flight deck printer is known for its high reliability and lower maintenance costs over its entire life cycle, reducing repair expenses. In addition, the light weight of the ToughWriter 5 contributes to lower operating costs and fuel savings for the air carrier compared with other flight deck printers.
flydubai unveiled its first Boeing 737 MAX 8 with the ToughWriter 5 installed at the Dubai Airshow 2017, one of the world’s largest air show events.
“This agreement demonstrates once again that the inclusion of our ToughWriter technology in the Boeing catalog is a prestigious mark of manufacturing quality and service reliability for airlines around the world,” said AstroNova President and CEO Greg Woods. “We are proud that flydubai has chosen our Aerospace business unit as a trusted partner and look forward to a long and successful relationship as the airline expands its Boeing 737 fleet.”
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 flydubai’s selection of the ToughWriter 5 Flight Deck Printer for 75 Boeing 737 MAX aircraft, 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.