Firan Technology Group Corporation (“FTG”) Announces FTG Circuits Toronto Qualifies for IPC-1791 Qualified Manufacturers Listing (QML)
June 28 2023 - 5:00PM
Firan Technology Group Corporation (TSX: FTG) today announced that
IPC's Validation Services Program has awarded qualification for
IPC-1791, Trusted Electronics Fabricator Requirements Qualified
Manufacturers Listing (QML) to FTG Circuits Toronto.
FTG is a global corporation offering design,
development, prototypes and manufacturing solutions for aerospace
and defense electronic products and subsystems.
The FTG Circuits Toronto facility passed
stringent Type 2 fabricator requirements, helping to optimize
product quality, reliability, and consistency across the entire
manufacturing operations, earning a spot-on IPC’s global network of
rigorously vetted, trusted sources. Requirements for qualification
and QML listing to IPC-1791 includes product and quality system,
supply chain risk management system (SCRM), security system
including compliance to NIST SP 800-171, Export Control Laws (ITAR
and EAR), and a chain of custody system review. This is the third
FTG site to achieve the IPC-1791 certification.
FTG Circuits is a manufacturer of
high-technology, high-reliability printed circuit boards including
standard rigid, high-density interconnect (HDI), RF circuitry,
thermal management, and rigid flex products. FTG produces boards
utilizing traditional PCB manufacturing processes and a license of
Averatek’s A-SAPTM Semi-additive process.
“This IPC recognized qualification combined with
the capabilities, scope and FTG’s commitment to being the trusted
PCB supplier of choice for aviation, defense and space industry
customers assures our continued relationship with IPC Validation
Services and the Trusted Supplier Audit Program,” said Mr. Brad
Bourne, President and CEO, FTG Corporation.
IPC's Validation Services QML Program was
developed to promote supply chain verification and recognition. It
also provides auditing and qualification of electronics companies'
products and identifies processes which conform to IPC standards.
The IPC-1791 QML verifies security systems and recognizes companies
for either trusted electronic designer, fabricator, or assembler
ensuring a high level of integrity. "IPC's Validation Services
Audit Programs uniquely provide technical and in-depth assessments
of products and processes in accordance with IPC standards," said
Randy Cherry, IPC Director of Validation Services. "We are pleased
to recognize FTG Circuits Toronto as a member of IPC's network of
trusted QML
suppliers."
For more information about IPC's Validation
Services QML Program, visit www.ipcvalidation.org or
email ipcvalidation@ipc.org.
ABOUT FIRAN TECHNOLOGY GROUP CORPORATION
FTG is an aerospace and defense electronics
product and subsystem supplier to customers around the globe. FTG
has two operating units:
FTG Circuits is a manufacturer of high
technology, high reliability printed circuit boards. Our customers
are leaders in the aviation, defense, and high technology
industries. FTG Circuits has operations in Toronto, Ontario,
Chatsworth, California, Fredericksburg, Virginia, Minnetonka,
Minnesota, Haverhill Massachusetts, and a joint venture in Tianjin,
China.
FTG Aerospace manufactures and repairs
illuminated cockpit panels, keyboards and sub-assemblies for
original equipment manufacturers of aerospace and defense
equipment. FTG Aerospace has operations in Toronto, Ontario,
Chatsworth, California and Tianjin, China.
The Corporation’s shares are traded on the
Toronto Stock Exchange under the symbol FTG.
FORWARD-LOOKING STATEMENTS
This news release contains certain
forward-looking statements. These forward-looking statements are
related to, but not limited to, FTG’s operations, anticipated
financial performance, business prospects and strategies.
Forward-looking information typically contains words such as
“anticipate”, “believe”, “expect”, “plan”, “will”, “may” or similar
words suggesting future outcomes. Such statements are based on the
current expectations of management of the Corporation and
inherently involve numerous risks and uncertainties, known and
unknown, including economic factors and the Corporation’s industry,
generally. The preceding list is not exhaustive of all possible
factors. Such forward-looking statements are not guarantees of
future performance and actual events and results could differ
materially from those expressed or implied by forward-looking
statements made by the Corporation. The reader is cautioned to
consider these and other factors carefully when making decisions
with respect to the Corporation and not place undue reliance on
forward-looking statements. Other than as may be required by law,
FTG disclaims any intention or obligation to update or revise any
such forward-looking statements, whether as a result of new
information, future events or otherwise.
For
further
information
please
contact: |
|
|
|
Bradley C. Bourne, President and CEO |
Tel: (416) 299-4000, ext. 314 |
Firan Technology Group Corporation |
bradbourne@ftgcorp.com |
|
|
Jamie Crichton, Vice President and CFO |
Tel: (416) 299-4000, ext. 264 |
Firan Technology Group Corporation |
jamiecrichton@ftgcorp.com |
Additional information can be found at the
Corporation’s website www.ftgcorp.com
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