Nortech Systems Announces Patent for Flexible Faraday Cage Printed Circuit Board and Cable
August 25 2022 - 5:00PM
Business Wire
Nortech Systems Incorporated (Nasdaq: NSYS) (the "Company"), a
leading provider of engineering and manufacturing solutions for
complex electromedical and electromechanical products serving the
medical, industrial and defense markets, announced this week that
the US Patent Office has issued Patent No. 11,412,608, for the
Company’s Flex Faraday Xtreme™, a flexible printed circuit for
transmitting high frequency signals while precisely controlling
both crosstalk and impedance, minimizing electromagnetic
interference, improving parallel transmission alignment, and
increasing data density. This work is based on the important work
of Michael Faraday in the 1830s that contributed to our current
understanding of shielding effects of what we now call a Faraday
Cage.
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Nortech Systems' Flex Faraday Xtreme
(FFX) is a flexible printed circuit for transmitting high frequency
signals while precisely controlling both crosstalk and impedance,
minimizing electromagnetic interference, improving parallel
transmission alignment, and increasing data density. With FFX,
Nortech provides intelligent transmission lines that provide
benefits over traditional micro coax cables in challenging
applications. (Photo: Business Wire)
“Nortech’s commitment to innovative technologies is key to
supporting our strategic medical, industrial, and defense
customers,” said Jay D. Miller, Chief Executive Officer and
President. “In highly complex and compact devices, the FFX is
designed to provide the signal integrity necessary to support
sensitive, mission-critical applications.”
“With our patent of the Flex Faraday Xtreme (FFX), Nortech
provides intelligent transmission lines that provide benefits over
traditional micro coax cables in challenging applications,” said
Steve Czeck, Senior Director of Engineering. “FFX technology will
be applied to meet customer requirements for size or weight
constraints, or where harsh conditions exist.”
Both FFX and the recent Active Optical Xtreme™ product launch
are early steps in the Company’s long-term pivot toward serving
strategic customers by building higher level assemblies that
contain advanced technologies and solve difficult connectivity
challenges. Invented by Scott Blanc, Principal Engineer, FFX is the
Company’s first patent in its technology portfolio. FFX adoption
will ramp up through 2023 and will not have a material impact on
Nortech's 2022 or 2023 financial results.
About Nortech Systems
Incorporated
Nortech Systems is a leading provider of design and
manufacturing solutions for complex electromedical devices,
electromechanical systems, assemblies, and components. Nortech
Systems primarily serves the medical, aerospace & defense, and
industrial markets. Its design services span concept development to
commercial design, and include medical device, software,
electrical, mechanical, and biomedical engineering. Its
manufacturing and supply chain capabilities are vertically
integrated around wire/cable/interconnect assemblies, printed
circuit board assemblies, as well as system-level assembly,
integration, and final test. Headquartered in Maple Grove, Minn.,
Nortech currently has seven manufacturing locations and design
centers across the U.S., Latin America, and Asia. Nortech Systems
is traded on the NASDAQ Stock Market under the symbol NSYS.
Nortech's website is www.nortechsys.com.
Forward-Looking
Statements
This press release contains forward-looking statements made
pursuant to the safe harbor provision of the Private Securities
Litigation Reform Act of 1995 including without limitation
statements regarding sales growth, margin expansion, improved
positive cash flow, future financial results or trends in financial
results, our ability to adjust pricing to combat inflation, our
ability to work with customers and suppliers to overcome supply
chain challenges, improving supply chain management, revenue and
growth contributions due to of new products, technologies and
innovations, backlog trends, customer demand, and steady
improvement in production output. While this release is based on
management's best judgment and current expectations, actual results
may differ materially from those expressed or implied and involve a
number of risks and uncertainties. Important factors that could
cause actual results to differ materially from the forward-looking
statements include, without limitation: (1) engineering challenges
with new products, technologies and innovations; (2) our ability to
secure intellectual property rights with respect to new products,
technologies, and innovations; (3) the impact of the COVID-19
pandemic on our customers, employees, manufacturing facilities,
suppliers, the capital markets, and our financial condition; (4)
supply chain disruptions leading to parts shortages for critical
components; (5) volatility in market conditions which may affect
market supply of and demand for the Company's products; (6)
increased competition; (7) changes in the reliability and
efficiency of operating facilities or those of third parties; (8)
risks related to the availability of labor; (9) commodity cost
increases coupled with our inability to raise prices charged to our
customers; (10) general economic, financial, and business
conditions that could affect the Company's financial condition and
results of operations; (11) the Company's ability to steadily
improve manufacturing output throughout the remainder of 2022. Some
of the above-mentioned factors are described in further detail in
the section entitled "Risk Factors" in our annual and quarterly
reports, as applicable. You should assume the information appearing
in this document is accurate only as of the date hereof, or as
otherwise specified, as our business, financial condition, results
of operations and prospects may have changed since such date.
Except as required by applicable law, including the securities laws
of the United States and the rules and regulations of the United
States Securities and Exchange Commission, we undertake no
obligation to publicly update or revise any forward-looking
statement, whether as a result of new information, future events or
otherwise, to reflect actual results or changes in factors or
assumptions affecting such forward-looking statements.
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Chris Jones, CFO cjones@nortechsys.com 952-345-2244
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