Major Prime Contractor to benefit from doing business with PARPRO’s US and Foreign Affiliate
CARLSBAD, CA, May 9th, 2017 — PARPRO Mexico (PMX) and PARPRO Technologies (PTI) (both divisions of PARPRO Corporation), announced the approval of a Technical Assistance Agreement (TAA) to allow technical information exchange for an ITAR regulated program. The agreement allows PARPRO Mexico and PARPRO Technologies to conduct technical information exchange on behalf of a specific US Military Prime Contractor to support Defense/Government Services. A Defense Service is defined as the furnishing of assistance in the design, development, engineering, manufacture, production, assembly, testing, repair, maintenance, modification, operation, demilitarization, destruction, processing or use of Defense Articles.
TAA’s are issued on a project by project, case by case basis. This TAA is intended to authorize PTI to furnish technical data to PMX for the manufacture related to custom cable and harness assembly, conformal coatings of PCBA’s, mechanical parts including sheet metal fabrication and milling, soldering, first article inspection and proof of concept for various US military applications.
“This TAA will provide a framework within which PARPRO Mexico and PARPRO Technologies will be able to combine the strengths of both locations.” Says Michael Burdick, President, PARPRO Technologies. “This association will add significant value to this aerospace and defense customer who will now benefit from PTI and PMX’s shared manufacturing expertise and the cost efficiency of manufacturing in a low cost region.”
“As an established aerospace and defense manufacturer, PARPRO understands the complexities of this industry as well as the many regulations and compliance requirements.” Says Thomas Sparrvik, CEO, PARPRO Corporation. “PARPRO Technologies has been ITAR certified since 2011, and with the addition of NADCAP for electronics, welding and chemical processing, along with our ISO 9001 and AS9100 certifications held by PMX, this provides a unique pre-qualification attractive to customers in the aerospace and defense sectors.”
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.