WICHITA, KS - Aeroflex announced that it has signed Restronics as a manufacturer's representative for its automated test equipment (ATE) product line in the United States.  According to Aeroflex, Restronics will provide an additional sales channel in the United States for its line of ATE equipment.
 
"The addition of Restronics as our manufacturer's representative provides Aeroflex with a highly skilled sales force to represent our products nationwide," said Ryan Panos, VP of Worldwide Sales, Aeroflex Test Solutions. "Adding Aeroflex to our product line fills a gap for our customers seeking high quality ATE equipment," said Ralph Savage, president, Restronics.
HELSINKI – Beleagured PWB maker Aspocomp has entered into a debt restructuring agreement with its Finnish bank creditors, the company reports.
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PETACH-TIKVA, ISRAEL – PCB manufacturer Eltek Ltd. reported third-quarter revenues of $8.8 million, up 2.3% sequentially, and down 12% year-over-year. The company incurred a third-quarter loss of $223,000, down from net income of $482,000 last year.
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PLYMOUTH, MNInnovex received a staff deficiency letter from Nasdaq stating that for the last 30 consecutive business days, the bid price of the company’s common stock has closed below the minimum $1 per share required for continued inclusion on the Nasdaq Global Market.
 
Therefore, the PWB fabricator was not in compliance and has until May 19 to regain compliance.
 
If at anytime before May 19, the bid price of the company’s common stock closes at $1 per share or more for a minimum of 10 consecutive business days, compliance will be achieved.
 
The Nasdaq staff deficiency letter has no effect on the listing of the company’s common stock at this time, Innovex reports.

HONG KONG – An upcoming Webinar will look at the fundamentals of PCB assembly, and how manufacturers made changes for high-production Pb-free assembly in different regions of the world. 
 
The free, one-hour Webinar features MacDermid Electronics Solutions’ Don Cullen interviewing Bihari Patel, an instructor for IPC and SMTA workshops.
 
The Webinar will take place Dec. 17 at 9 p.m. EST.
 
The event is sponsored by MacDermid.
 
Visit http://www.macdermid.com/electronics/webinars.html
 
FRANKLIN PARK, IL — Nasdaq has issued a notice of noncompliance to M-Wave Inc. for failure to maintain a minimum of $2.5 million in stockholders' equity.
 
M-Wave intends to submit its plan to regain compliance to Nasdaq by Nov. 30, the company said. In that regard, the company believes that it will be in full compliance with all applicable listing requirements upon completion of its previously announced merger with Blue Sun Biodiesel LLC.

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