SMTC Selected as Telco Systems' Manufacturing Partner Tuesday February 7, 3:52 pm ET
TORONTO, Feb. 7 /PRNewswire-FirstCall/ - SMTC Corporation (NASDAQ: SMTX/TSX:SMX), a premier mid-tier provider of end-to-end electronics manufacturing services (EMS), today announced it has entered into a new customer relationship with Telco Systems, a wholly owned subsidiary of BATM Advanced Communications Ltd. (LSE: BVC - News), a provider of carrier-class transport and access solutions for public and private IP and TDM networks.
ADVERTISEMENT The relationship involves a broad range of manufacturing services spanning multiple sites. SMTC is confident that its distinctive approach to building contract manufacturing partnerships will contribute to the success of this collaboration, and will enhance Telco Systems' strategy of offering high quality leading edge technology.
Telco Systems selected SMTC as a manufacturing partner for printed circuit board assembly (PCBA) and full chassis fabrication, integration and testing. Production was introduced in Q4 2005 with ramp to volume activities continuing through Q1 2006. SMTC is building Telco Systems' PCBA in its facility in Toronto, Canada with chassis fabrication, PCBA integration, final test, and configuration supported through its Enclosure facility in Boston, Massachusetts.
"We have been pleased with SMTC's leadership as they transitioned our initial programs to volume production quickly and painlessly while delivering high quality, competitive pricing, and flexibility that Telco Systems requires from its key suppliers", commented Bob Resinger, Chief Operating Officer of Telco Systems. "We look forward to a long term and expanded partnership as the relationship evolves."
"We are delighted to be partnering with Telco Systems, a leading telecommunications company, and to be an integral participant in it achieving its operational and financial goals," said John Caldwell, SMTC President and CEO. "SMTC's partnership approach involves gaining a thorough understanding of Telco Systems' strategy; enhancing their competitive edge through lower costs, high quality, and faster time to market; and driving improved performance. As part of our commitment, we will work closely with Telco Systems to identify further ways to add value and expand the outsourcing services beyond the scope of the initial phases."
"SMTC maintains a long history of assisting telecom customers in achieving their business goals. This agreement with Telco Systems underscores SMTC's ability to provide leading OEMs with a unique outsourcing solution", commented Steve Hoffrogge, SMTC Senior Vice President of Business Development. "Our breadth of vertically integrated services, professionalism, lean manufacturing methodologies and our people differentiate us from other mid-tier EMS providers."
About Telco Systems:
Based in Foxboro, Massachusetts, Telco Systems is a leading provider of carrier-class transport and access solutions for IP and TDM networks for carrier, service provider and enterprise markets. Its suite of products includes solutions for Metro Ethernet Access Rings, residential and enterprise VoIP, FTTx, SONET, WiFi and T1 backhaul.
Founded in 1972, Telco Systems' focus is to maximize the power of their customers' networks by integrating transport, access and packet technologies onto industry-leading platforms that meet today and tomorrow's network demands.
Telco Systems is a wholly owned subsidiary of BATM Advanced Communications (London stock exchange ticker symbol: BVC). For more information, please visit Telco Systems' web site at http://www.telco.com.
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