Astronics Corporation Announces Business Jet OEMs Select EmPOWER® USB System
Aircraft Electronic Association’s International Convention & Trade Show
EAST AURORA, N.Y. -- March 26, 2013
Astronics Corporation (NASDAQ: ATRO), a leading provider of advanced
technologies for the global aerospace and defense industries announced today
at the Aircraft Electronic Association’s International Convention & Trade Show
that its wholly-owned subsidiary, Astronics Advanced Electronic Systems Corp.
(AES), has contracted with three business aircraft OEMs to supply its new
EmPOWER^® System, which supports USB capability. The EmPOWER^® System will be
installed on numerous aircraft models.
The selection was based on the system’s ability to support multiple passengers
with a mix of AC and USB power. The inherent safety features of the EmPOWER^®
28VDC to 115VAC System and the dual use AC/USB Outlet provides a clean and
easy installation to support the power needs of passengers and crew.
The flexibility of a combined AC/USB outlet is designed to conserve valuable
cabin space and to provide passengers with two power availability options at
each seat location. Should customers desire, separate AC and USB outlets can
Keeping safety in mind for both the passenger and the aircraft, overcurrent,
overvoltage and thermal runaway conditions are managed locally by the system.
This protects both the passenger device power cable as well as the device. The
EmPOWER^® USB outlet unit is TSO-C71 certified and DO-160E compliant, while
the EmPOWER^® 28VDC to 115VAC in-seat power supply is TSO-C-73 certified.
“Astronics is committed to bringing industry leading electrical power systems
to the business aviation market. The EmPOWER^® product is an example of an
elegant, but simple, design solution, which allows business aircraft to meet
customer demands for power on aircraft,” noted Peter J. Gundermann, President
and CEO of Astronics Corporation.
For more than 15 years, Astronics has developed patented intelligent power
management systems. The patented EmPOWER^® System is currently in service with
over 170 Airline/OEM customers and installed in over 500,000 seat locations.
The 28VDC to 115VAC EmPOWER^® In-Seat Power Supply System was launched into
the business jet market in 2009 and was the first intelligent power management
system of its kind available to the business jet market.
ABOUT ASTRONICS CORPORATION
Astronics Corporation is a leader in advanced, high-performance lighting,
electrical power, specialized avionics products and automated test systems for
the global aerospace and defense industries. Astronics’ strategy is to develop
and maintain positions of technical leadership in its chosen aerospace and
defense markets, to leverage those positions to grow the amount of content and
volume of product it sells to those markets and to selectively acquire
businesses with similar technical capabilities that could benefit from our
leadership position and strategic direction. Astronics Corporation, and its
wholly-owned subsidiaries, Astronics Advanced Electronic Systems Corp.,
Ballard Technology, Inc., DME Corporation, Luminescent Systems Inc. and
Max-Viz, Inc., have a reputation for high-quality designs, exceptional
responsiveness, strong brand recognition and best-in-class manufacturing
practices. The Company routinely posts news and other important information on
its website at www.astronics.com.
For more information on Astronics and its products, visit its website at
Safe Harbor Statement
This press release contains forward-looking statements as defined by the
Securities Exchange Act of 1934. One can identify these forward-looking
statements by the use of the words “expect,” “anticipate,” “plan,” “may,”
“will,” “estimate” or other similar expression. Because such statements apply
to future events, they are subject to risks and uncertainties that could cause
the actual results to differ materially from those contemplated by the
statements. Important factors that could cause actual results to differ
materially include the state of the aerospace industry, the market acceptance
of newly developed products, internal production capabilities, the timing of
orders received, the status of customer certification processes, the demand
for and market acceptance of new or existing aircraft which contain the
Company’s products, customer preferences, and other factors which are
described in filings by Astronics with the Securities and Exchange Commission.
The Company assumes no obligation to update forward-looking information in
this press release whether to reflect changed assumptions, the occurrence of
unanticipated events or changes in future operating results, financial
conditions or prospects, or otherwise.
David C. Burney, 716-805-1599, ext. 159
Chief Financial Officer
John Behrens, 425-895-4303
Director, New Business Development APC Sales & Marketing
Kei Advisors LLC
Deborah K. Pawlowski, 716-843-3908
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