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Product Enhancements, Merger Agreements, and Financial Results - Research Report on Amphenol, Molex, Nortech, MTS, and ChipMOS

  Product Enhancements, Merger Agreements, and Financial Results - Research
         Report on Amphenol, Molex, Nortech, MTS, and ChipMOS Bermuda

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, November 21, 2013

NEW YORK, November 21, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Amphenol
Corporation (NYSE: APH), Molex Incorporated (NASDAQ: MOLX), Nortech Systems
Incorporated (NASDAQ: NSYS), MTS Systems Corporation (NASDAQ: MTSC), and
ChipMOS Technologies (Bermuda) LTD (NASDAQ: IMOS). Today's readers may access
these reports free of charge - including full price targets, industry analysis
and analyst ratings - via the links below.

Amphenol Corporation Research Report

On November 6, 2013, Amphenol Corporation (Amphenol) reported that its
division, Amphenol Industrial Global Operations, has enhanced its RADSOK
technology high current contact system to RADSOK R4, which can deliver
connections up to 200A. The Company stated that the system is available for
board-to-board, wire-to-board, and busbar-to-board configurations. Amphenol
added that RADSOK R4 features a lower temperature rise as compared to
traditional contact systems in its class, which allows smaller overall
connector packaging and compact footprints. According to the Company, the
system offers more consistent performance as well as lower voltage drop and
contact resistance. The Full Research Report on Amphenol Corporation -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/6a4f_APH

--

Molex Incorporated Research Report

On November 15, 2013, Molex Incorporated (Molex) announced that its
stockholders have approved the previously announced definitive agreement to be
acquired by Koch Industries, Inc. (Koch) for approximately $7.2 billion as the
equity value of the transaction. Molex informed that according to preliminary
voting results provided by the inspector of election as of November 15, 2013,
more than 85% and 99% of the total outstanding shares of Molex Common Stock
and Class B Common Stock, respectively, voted in favor of the adoption of the
definitive merger agreement. Under the merger agreement, Koch Industries will
acquire all of Molex's outstanding shares, including the Common Stock (MOLX),
the Class A Common Stock (MOLXA) and the Class B Common Stock, for $38.50 per
share in cash. Molex added that as of November 15, 2013, it has received
merger control clearances in the US, the European Union, Israel, Japan,
Mexico, South Korea, and Turkey; while the clearances are pending for China
and Ukraine. The Full Research Report on Molex Incorporated - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:

http://www.analystscorner.com/r/full_research_report/f112_MOLX

--

Nortech Systems Incorporated Research Report

On November 13, 2013, Nortech Systems Incorporated (Nortech) reported Q3 2013
financial results. The Company reported net sales of $27.4 million for the
quarter, up 7.3% YoY. Net income stood at $0.2 million or $0.08 per diluted
common share, compared to $0.1 or $0.04 per diluted common share in Q3 2012.
Mike Degen, CEO of Nortech stated, "It's gratifying to post a quarterly sales
increase in an economy that continues to be challenging. Our positive results
so far during 2013 have met our expectations and demonstrate we're executing
on our business fundamentals." The Full Research Report on Nortech Systems
Incorporated - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/a05c_NSYS

--

MTS Systems Corporation Research Report

On November 14, 2013, MTS Systems Corporation (MTS) reported Q4 FY 2013 and
full-year FY 2013 (period ended September 28, 2013) financial results. In Q4
FY 2013, the Company's revenue was up 12.3% YoY to $154.8 billion, while
full-year FY 2013 revenue was up 5.0% YoY to $569.4 million. Q4 FY 2013 net
income was $21.4 million or $1.36 per diluted share, compared to $15.3 million
or $0.94 per diluted share in Q4 FY 2012. Full-year FY 2013 net income was
$57.8 million or $3.64 per diluted share, compared to $51.6 million or $3.21
per diluted share for full-year FY 2012. Dr. Jeffrey Graves, President and CEO
of MTS commented, "Orders were up 9 percent, revenue grew 12 percent, and
earnings per share climbed 45 percent. Driving these quarterly gains was
double-digit growth in revenue and income from operations in both Test and
Sensors. We delivered a strong finish to fiscal 2013, in line with our
expectations, and expect continued growth in fiscal 2014." The Full Research
Report on MTS Systems Corporation - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/683b_MTSC

--

ChipMOS Technologies (Bermuda) LTD Research Report

On November 18, 2013, ChipMOS Technologies (Bermuda) LTD (ChipMOS Bermuda)
reported Q3 2013 financial results. In Q3 2013, the Company generated net
revenue of NT$5,111.9 million or $172.9 million, down 0.5% YoY. Q3 2013 net
income was at NT$442.5 million or NT$14.6 per diluted common share (or $15
million or $0.49 per diluted common share), compared to NT$374.1 million, or
NT$13.28 per diluted common share (or $12.7 million or $0.45 per diluted
common share) in Q3 2012. Commenting on the results, S.J. Cheng, Chairman and
CEO of ChipMOS Bermuda stated, "Strong third quarter results reflect our
continued ability to drive higher utilization of our assembly, bumping and LCD
driver capacity, benefit of a favorable customer mix, and successful ongoing
operating cost reduction initiatives in our assembly and bumping segments. We
remain confident in our business strategy and growth prospects but do expect
to see the impact of typical seasonality in 4Q13 on both our large and small
panel LCD businesses." The Company stated that for Q4 2013, it expects revenue
to be approximately 4% to 8% lower than Q3 2013. The Full Research Report on
ChipMOS Technologies (Bermuda) LTD - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at:

http://www.analystscorner.com/r/full_research_report/22dc_IMOS

----

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