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Aeroflex Incorporated signs licensing agreement with Navigation Laboratories Inc.

Publication: M2 Presswire
Publication Date: 05-DEC-03 		Format: Online - approximately 786 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-5 December 2003-AEROFLEX: Aeroflex Incorporated signs licensing agreement with Navigation Laboratories Inc(C)1994-2003 M2 COMMUNICATIONS LTD

RDATE:12052003

Plainview, NY, USA - Aeroflex Incorporated (NASDAQ: ARXX), a leading designer, developer and manufacturer of microelectronics and automated testing solutions for the broadband communications market, has 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 about...

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