Major Non-Lethal Weapons Company Awards PARPRO Significant Contract
CARLSBAD, CA, May 24th, 2016 — PARPRO (4916:TW), a full service Embedded Design Solutions and Manufacturing Services company, has been awarded a major contract to provide Printed Circuit Board Assembly’s (PCBA) for Electronic Smart Weapon Systems. This contract comes from a Tier 1 customer in the non-lethal weapons industry supporting defense and security markets, and is a multi-year business relationship with an estimated annualized value of $4M per year.
“This contract demonstrates PARPRO’s commitment to total customer satisfaction by delivering high quality products and top scorecard performance within an aggressive program schedule.” said Ken Haney, VP of Sales & Marketing, PARPRO Technologies, Inc. “This award also recognizes PARPRO’s position as a leading Electronic Manufacturing Services provider and a preferred partner for customers with recurrent, high reliability contracts.”
Production will take place at PARPRO’s Santa Ana, California facility with delivery to begin in June 2016.
About PARPRO
PARPRO is a full service design & manufacturing company with an emphasis on ODM solutions. We offer a comprehensive engineering-rich hardware systems with low-to-high volume manufacturing and integration/test capabilities, and pride ourselves on delivering simple to complex solutions making our manufacturing offerings competitive at virtually any volume and with any sourcing strategy. We serve customers in the aerospace, gaming, telecommunications and industrial markets providing time savings and cost optimization by minimizing margin stacks throughout the value chain.
PARPRO is a public company traded on the Taiwan stock exchange – PARPRO (4916:TW). For more information on investor relations reporting and regulatory information – please click here. For more information, press only: Justine Uyemura (760) 931-7800 – juyemura@parpro.com