PETACH-TIKVA, ISRAEL – Eltek Ltd., a manufacturer of rigid-flex PCBs, reported a first-quarter net loss of $809,000, compared with net profit of $565,000 in the same period last year. Revenues were $10.5 million, up 2.9% year-over-year.
The company cited the devaluation of the US dollar and a higher cost of sales, the result of a new product mix, and greater SG&A costs tied to expansion of its sales force for the loss.
In a statement, Eltek president and CEO Arieh Reichart said, "During the first quarter, we continued our growth and experienced an increase in our backlog. We achieved a growth in revenues due to our efforts to broaden our customer base by adding diversified small and medium-sized companies to our customer list. Driven by continued demand and market share growth, we improved our ability to deliver high-quality products and services to all sorts of customers, including a Fortune 100 US manufacturer and a foreign defense conglomerate.
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ANSYS Inc. introduces Icepak 12.0 software, providing robust and powerful fluid dynamics technology for electronics thermal management.
The latest version contains several advancements, including technology for meshing complex geometry and physical modeling capabilities.
The software quickens product development by accurately simulating dissipation of thermal energy in electronic devices at the component, board or system level. Users can improve design performance, reduce the need for a physical prototype and shorten time to market.
ANSYS Iceboard and Icechip capabilities are integrated into this latest version, and ECAD designs can be directly imported. Additional features include enhanced fan modeling, parallel processing, post-processing and expanded libraries.
In addition, a PCB trace Joule heating modeling capability, together with the import of DC power distribution profiles from Ansoft SIwaveT software enhances accurate PCB thermal simulation.
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