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newsrelease
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CTS
CORPORATION Elkhart, Indiana 46514 (574)
523-3800
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March 12, 2009
FOR RELEASE: Immediately
CTS Introduces High Precision, Small Surface
Mount OCXO
Elkhart, IN…CTS Corporation (NYSE: CTS), a global leader in the design and manufacture of electronic components, today announced an extension of its line of low phase noise, high precision oven-controlled crystal oscillator (OCXO) platforms in a small, low profile surface mount 22 x 25.4 mm package. The new platform utilizes a high precision stress compensated cut quartz crystal to achieve excellent frequency stability, low aging rates and very low phase noise with low cost circuit and construction topologies. Model 119 is a very versatile OCXO platform that offers a wide range of operating frequencies as well as providing options for operating temperature range, input supply voltage, output waveform, electronic frequency control, enable/disable function and reference voltage.
The new 119 OCXO platform complements the present series of precision oscillators for use as the precision reference in Wireless Communications Base Stations, or in test and measurement equipment.
Features include:
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Model 119 OCXO is fully RoHS compliant and comes in tape and reel packaging. Volume pricing is available from the factory.
Additional information on
this new OCXO platform, as well as other OCXO models, can be found on the
CTS website,
http://www.ctscorp.com/components/ocxo.asp, or contact Ken Goldman at
630-924-3535.
About CTS Electronic
Components
CTS Electronic Components is a leading provider of engineered electronic
components used in communications, computing, medical, defense and
aerospace, industrial and consumer applications for OEMs and Contract
Manufacturers worldwide. The Company has manufacturing locations in
Albuquerque, New Mexico; Tucson, Arizona; Nogales, Mexico; Singapore;
Zhongshan and Tianjin, China; and Kaohsiung, Taiwan.
About CTS
CTS is a leading designer and manufacturer of electronic components and
sensors and a provider of electronics manufacturing services (EMS) to OEMs
in the automotive, computer, communications, medical, defense and aerospace
and industrial markets. CTS manufactures products in North America, Europe
and Asia. CTS' stock is traded on the NYSE under the ticker symbol "CTS.”
Safe Harbor Statement
This press release contains statements that are, or may be deemed to be,
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements include, but
are not limited to, any financial or other guidance, statements that reflect
our current expectations concerning future results and events and any other
statements that are not based solely on historical fact. Readers are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date hereof. These forward-looking statements are
made subject to certain risks, uncertainties and other factors, which could
cause our actual results, performance or achievements to differ materially
from those presented in the forward-looking statements, including, without
limitation: changes in the economy generally and in respect to the
businesses in which CTS operates, including those resulting from the current
global financial and credit crisis; pricing pressures and reduction in
demand for CTS’ products, especially if economic conditions do not recover
or continue to worsen in CTS’ served markets, including but not limited to:
the automotive, computer equipment, or communications markets; disruption,
uncertainty, or volatility in the credit markets that could adversely impact
the availability of credit already arranged by CTS and the availability and
cost of credit in the future; the financial condition of our customers,
including the ability of customers (especially those that may be highly
leveraged and those with inadequate liquidity) to maintain their credit
availability or ongoing viability; the Company’s successful execution of
restructurings and profit improvement plans; risks associated with CTS’
international operations, including trade and tariff barriers; currency
fluctuations and their effects on our results of operations and financial
position; changes in performance of equity and debt markets that could
affect the valuation of the assets in CTS’ pension plans and the accounting
for pension assets, liabilities, and expenses; political and geopolitical
risks; rapid technological change in the automotive, communications and
computer industries; reliance on key customers; and CTS’ ability to protect
its intellectual property. For more detailed information on the risks and
uncertainties associated with CTS’ business, see the reports CTS files with
the SEC, available at
http://www.ctscorp.com/investor_relations/investor.htm. CTS undertakes
no obligation to publicly update its forward-looking statements to reflect
new information or events or circumstances that arise after the date hereof,
including market or industry changes.
| Contact: |
Mitchell J. Walorski, Director Planning and Investor Relations |
| CTS Corporation, 905 West Boulevard North, Elkhart, IN 46514 | |
| Telephone: (574) 523-3800, Fax: (574) 293-6146 | |