Telephonics Corporation teams with Remote Sensing Solutions to develop advanced millimeter-wave radar imaging and processing systems
12/12/2011 - Telephonics Corporation, a wholly-owned subsidiary of Griffon Corporation (NYSE: GFF) and Remote Sensing Solutions (RSS) of Barnstable, MA, announced today that they have teamed to develop and produce advanced millimeter-wave radar imaging and processing systems to address a wide-range of commercial and military applications. This collaboration merges the advanced product development and manufacturing skills of Telephonics with RSS’ outstanding ability to innovate and advance microwave and millimeter-wave imaging radar and processing systems.
“We are very pleased to be working with RSS on important capabilities with near-term applications in the Civil and Military markets,” said Kevin McSweeney, President of Telephonics’ Radar Systems Division. “The Telephonics/RSS team is an excellent paring of expertise, focus, and experience that will add great value to the marketplace.”
Telephonics' high-technology engineering and manufacturing capabilities provide integrated information, communication and sensor system solutions to military and commercial markets worldwide. Telephonics specializes in aircraft intercommunication systems, wireless communication systems, radars, identification friend or foe products, integrated security systems, air traffic management systems, aerospace electronics, and the performance of threat and radar system analyses.
About Griffon Corporation
Griffon Corporation (the “Company” or “Griffon”), headquartered in New York, N.Y., is a diversified management and holding company that conducts business through wholly-owned subsidiaries. The Company oversees the operations of its subsidiaries, allocates resources among them and manages their capital structures. The Company provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as in connection with divestitures. Griffon also seeks out, evaluates and, when appropriate, will acquire additional businesses that offer potentially attractive returns on capital to further diversify itself.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Certain statements other than statements of historical fact included in this release are forward-looking statements. Such forward-looking statements are based on the beliefs of the company’s management, as well as assumptions made by and information currently available to the company’s management. Actual results could differ materially from those contemplated by the forward-looking statements. Information concerning risks and uncertainties that may impact the company’s results and forward-looking statements are set forth in Griffon Corporation’s filings with the SEC. The company does not undertake to release publicly any revisions to these forward-looking statements to reflect future events or circumstances or to reflect the occurrence of unanticipated events.
About Remote Sensing Solutions
Remote Sensing Solutions is a provider of state-of-the-art terrestrial, atmospheric, oceanic, and cryospheric microwave and millimeter-wave imaging radar and processing systems supporting environmental remote sensing missions of organizations such as NASA, NOAA, and JPL.
|Carrie Petrocca 631-755-7785|