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Aeroflex Incorporated Signs Licensing Agreement with Navigation Laboratories Inc.

Publication: Business Wire
Publication Date: 04-DEC-03
Format: Online - approximately 692 words
Delivery: Immediate Online Access

Article Excerpt
Business Editors

PLAINVIEW, N.Y.--(BUSINESS WIRE)--Dec. 4, 2003

Aeroflex Incorporated (NASDAQ: ARXX), a leading designer, developer and manufacturer of microelectronics and automated testing solutions for the broadband communications market, today announced that it has signed an exclusive technology license and master distribution agreement with Navigation Laboratories (NavLabs) for the development and sale of GPS test equipment, simulators and GPS software applications. Aeroflex and Navigation Laboratories will be jointly targeting the Aerospace/Defense, Automotive, Avionics and Wireless Test markets.

"The licensing of Navigation Laboratories' products and technologies expands Aeroflex's core test and measurement product offerings," said Len Borow, Executive Vice-President/COO of Aeroflex. "We are enthusiastic...

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