Major North American Airline Selects AstroNova’s Flight Deck Printers for New Aircraft
August 27 2020 - 08:30AM
Business Wire
AstroNova, Inc. (NASDAQ: ALOT), a global leader in data
visualization technologies, today announced that it has closed a
deal with a major North American air carrier for the exclusive
purchase of the Company’s narrow-format flight deck printers for
its Boeing 737 aircraft.
“This exclusive, multi-year commitment from a leading airline is
a great endorsement of the many operational benefits provided by
our industry leading ToughWriter® 640 printers,” said AstroNova
President and CEO Greg Woods. “Our smaller, lighter weight printer
provides significant fuel savings over the life of the
aircraft.
“The other important benefit of the printer to our customers is
the capability of having a paper record of aircraft weight and
balance, takeoff and landing information, in-flight weather and
messages between the pilots and air traffic control,” Woods said.
“Our products play an essential role in pilot workload reduction
and safe and efficient aircraft operations.”
AstroNova’s ToughWriter 640 printer provides a weight reduction
of up to nearly 50 percent, a significant improvement in
reliability, lower power consumption and a compact form factor
compared to existing flight deck printers.
About AstroNova
AstroNova, Inc. (NASDAQ: ALOT), a global leader in data
visualization technologies since 1969, 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 complete line-up of
labeling hardware and supplies allowing customers to mark, track,
and enhance the appearance of their products. The segment is
comprised of three business units: QuickLabel®, the industry leader
in tabletop digital color label printing; TrojanLabel®, an
innovative leader for professional label presses; and GetLabels™,
the premier supplier of label materials, inks, toners, ribbons, and
adhesives, all compatible with the major printer brands. Supported
by AstroNova’s customer application experts and technology
leadership in printing, material science, and high-speed data
processing, customers benefit from an optimized, “total solution”
approach.
The Test and Measurement segment includes the AstroNova
Aerospace business unit, which designs and manufactures flight deck
printers, networking hardware, and related accessories serving the
world’s aerospace and defense industries with proven advanced
airborne technology solutions for the cockpit and the cabin; and
the Test and Measurement business unit, which offers a suite of
products and services that acquire, record, and analyze electronic
signal data from local and networked sensors.
AstroNova is a member of the Russell Microcap® Index, and the LD
Micro Index (INDEXNYSEGIS: LDMICRO). Additional information is
available by visiting 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 AstroNova’s 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 concerning the selection of its narrow-format
flight deck printers by a major U.S. air carrier, involve risks,
uncertainties and other factors, some of which are beyond
AstroNova’s control, which may cause its 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 AstroNova’s Annual Report on Form 10-K
for the fiscal year ended January 31, 2020 and subsequent filings
AstroNova makes with the Securities and Exchange Commission.
AstroNova 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20200827005126/en/
Investors: Scott Solomon Senior Vice President Sharon
Merrill Associates (857) 383-2409
ALOT@investorrelations.com
Media: Tom Carll Vice President & General Manager
AstroNova Aerospace (401) 298-8804
tcarll@astronovainc.com
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