WEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova, Inc. (NASDAQ: ALOT), a leading manufacturer and supplier of aerospace products, including printers, networking hardware and related accessories to commercial, business and military customers, today announced that it has received multiple commitments following the Paris Air Show from major airlines for the ToughWriter 640 narrow format flight deck printer to be installed in their Boeing 737 aircraft.
“We are excited by the strong customer response to the ToughWriter 640 as we see the accelerated adoption of this next-generation flight deck printer by airlines throughout the world,” said AstroNova President and CEO Greg Woods.
The ToughWriter 640 brings several performance and operational benefits to the B737 aircraft. Compared with competitive offerings, the ToughWriter 640 provides a weight reduction of nearly 50%, a significant improvement in reliability, lower power consumption and a compact form factor. The ToughWriter 640 offers a number of industry firsts, including full graphical printing and Ethernet connectivity.
AstroNova announced the addition of the ToughWriter 640 to the B737 catalog in April. The ToughWriter 640 is used to print flight planning data, ground communications and messages transmitted over the ACARS digital datalink system. AstroNova is scheduled to begin delivering the printer to Boeing early in 2018.
About AstroNova
AstroNova, Inc. (NASDAQ: ALOT), a global
leader in data visualization technologies, designs, manufactures,
distributes and services a broad range of products that acquire, store,
analyze and present data in multiple formats. The Product Identification
segment offers a variety of hardware and software products and
associated supplies that allow customers to mark, track and enhance the
appearance of their products. The segment’s two business units are
QuickLabel®, the industry leader in tabletop digital color label
printing and TrojanLabel™, a leader in the light-production color label
press and specialty printer markets. The Test and Measurement segment
includes the Test & Measurement business unit, which offers a suite of
products and services that acquire, record and analyze electronic signal
data from local and networked sensors. The segment also includes the
Aerospace business unit, which makes printers, networking hardware and
related accessories. These products are used in the aircraft flight deck
to print flight plans, navigation information and performance data and
in the aircraft cabin to print maintenance data, receipts and passenger
manifests. AstroNova is a member of the Russell Microcap® Index and the
LD Micro Index (INDEXNYSEGIS: LDMICRO). Additional information is
available by visiting http://www.astronovainc.com/.
Forward-Looking Statements
Information included in this news
release may contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements are not statements of historical fact, but rather reflect our
current expectations concerning future events and results. These
statements may include the use of the words “believes,” “expects,”
“intends,” “plans,” “anticipates,” “likely,” “continues,” “may,” “will”
and similar expressions to identify forward-looking statements. Such
forward-looking statements, including those relating to the Company’s
receipt of commitments from several major airlines for the ToughWriter
640 narrow format flight deck printer to be installed in their B737
aircraft, and the delivery timing of the printer to Boeing, involve
risks, uncertainties and other factors, some of which are beyond our
control, which may cause our actual results, performance or achievements
to be materially different from those expressed or implied by such
forward-looking statements. These risks, uncertainties, and factors
include, but are not limited to, those factors set forth in the
Company’s Annual Report on Form 10-K for the fiscal year ended January
31, 2017 and subsequent filings AstroNova makes with the Securities and
Exchange Commission. The Company undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise. The reader is cautioned not
to unduly rely on such forward-looking statements when evaluating the
information presented in this news release.
