TORONTO, ONTARIO — (Marketwire) — 08/10/11 — Firan Technology Group Corporation (TSX: FTG) announced today that FTG Aerospace has successfully undergone a complete recertification audit to the ISO9001:2008/AS9100C standard, which included scrutiny of all existing elements as well as additional elements specific to Revision C, such as customer scorecard reviews and risk assessment. As a result, FTG Aerospace has been recommended for registration to the new standard.
It was noted during the audit that FTG Aerospace has a very well maintained Quality Management System. Other highlights included praise for the extensive senior management review of all operational metrics and specifically those related to customer satisfaction.
“FTG Aerospace was our first facility to move to the new Revision C of the AS9100 standard. We are committed to investing in our Quality Management Systems to ensure we provide the highest possible quality products to our customers”, stated Brad Bourne, President and CEO, FTG Corporation. He added, “We have enhanced our team at FTG Aerospace and the positive comments from the audit demonstrate the strength of the team and our commitment to customer satisfaction”.
ABOUT FIRAN TECHNOLOGY GROUP CORPORATION
FTG is an aerospace and defense electronics product and subsystem supplier to customers around the globe. FTG has two operating units:
The Corporation-s shares are traded on the Toronto Stock Exchange under the symbol FTG.
FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements. These forward-looking statements are related to, but not limited to, FTG-s operations, anticipated financial performance, business prospects and strategies. Forward-looking information typically contains words such as “anticipate”, “believe”, “expect”, “plan” or similar words suggesting future outcomes. Such statements are based on the current expectations of management of the Corporation and inherently involve numerous risks and uncertainties, known and unknown, including economic factors and the Corporation-s industry, generally. The preceding list is not exhaustive of all possible factors. Such forward-looking statements are not guarantees of future performance and actual events and results could differ materially from those expressed or implied by forward-looking statements made by the Corporation. The reader is cautioned to consider these and other factors carefully when making decisions with respect to the Corporation and not place undue reliance on forward-looking statements. Other than as may be required by law, FTG disclaims any intention or obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.
Additional information can be found at the Corporation-s website
Contacts:
Firan Technology Group Corporation
Bradley C. Bourne
President and CEO
(416) 299-4000 x314
Firan Technology Group Corporation
Joseph R. Ricci
Vice President and CFO
(416) 299-4000 x309
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