HAMPTON, Va.,
The Company maintained its latest Fiscal Year 2008 sales guidance of
Frank Guidone, Company CEO commented, "We expect sales to grow to
approximately
Please visit the Company's website at http://www.meas-spec.com/myMeas/investor/index.asp to view the latest investor presentation, which includes information on recent acquisitions and updated guidance for fiscal 2009.
About Measurement Specialties. Measurement Specialties, Inc. (MEAS) designs and manufactures sensors and sensor-based systems to measure precise ranges of physical characteristics such as pressure, temperature, position, force, vibration, humidity and photo optics. MEAS uses multiple advanced technologies - including piezoresistive, electro-optic, electro-magnetic, capacitive, application specific integrated circuits (ASICs), micro- electromechanical systems (MEMS), piezoelectric polymers and strain gauges - to engineer sensors that operate precisely and cost effectively.
This release includes forward looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities and Exchange Act of 1934, as amended. Forward looking statements
may be identified by such words or phrases "should", "intends", " is subject
to", "expects", "will", "continue", "anticipate", "estimated", "projected",
"may", "we believe", "future prospects", or similar expressions. The forward-
looking statements above involve a number of risks and uncertainties. Factors
that might cause actual results to differ include, but are not limited to,
success of any reorganization; ability to raise additional funds; conditions
in the general economy and in the markets served by the Company; competitive
factors, such as price pressures and the potential emergence of rival
technologies; interruptions of suppliers' operations affecting availability of
component materials at reasonable prices; timely development and market
acceptance, and warranty performance of new products; success in integrating
prior acquisitions; changes in product mix, costs and yields, fluctuations in
foreign currency exchange rates; uncertainties related to doing business in
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SOURCE Measurement Specialties, Inc.