Three-Five Systems Receives ISO 13485:2003 Certification for Redmond, Washington Facility
Certification Authorizes Finished Medical Device Manufacturing
REDMOND, Wash., Jan. 11 /PRNewswire-FirstCall/ -- Three-Five Systems, Inc. (NYSE: TFS) a global provider of electronic manufacturing services (EMS), announced that its Redmond, Washington, U.S.A. facility has achieved ISO 13485:2003 certification from TUV America, Inc. TUV America Inc., Management Service Division, is an internationally recognized provider of certification services as a leading ISO Registrar in North America, Asia and Europe. With this certification, TFS is positioned to expand its product offerings beyond the current level of components to finished medical devices. President and CEO of Three-Five Systems Jack Saltich said, "Receiving this ISO certification is a great accomplishment and an important milestone for TFS and specifically for our Redmond facility. With this world-class endorsement of our high quality standards in hand, we plan to deliver a broader range of services to a growing group of medical customers in the northwest and across the United States." ISO 13485:2003 addresses the establishment of a quality system focused on medical devices. The Redmond, Washington facility is one of TFS' four international manufacturing locations, and the first to receive this certification. While no current schedule has been defined, the company indicated that its Penang, Malaysia location may also seek ISO 13485:2003 in the future. About ISO Standards The ISO 13485:2003 is an internationally recognized quality management system (QMS) standard developed by the International Organization for Standardization (ISO). To meet the certification requirements, companies must implement and document QMS processes involving staff training, product processes, materials and services purchasing, and product and services delivery. ISO is a network of national standards institutes from more than 140 countries working in partnership with international organizations, governments, industry, business and consumer representatives. For more information, visit the ISO Web site: http://www.iso.org. About Three-Five Systems(R) TFS is a recognized leader in providing specialized electronics manufacturing services (EMS) to original equipment manufacturers (OEMs). TFS has a global footprint, with operations in the United States, Europe, and several locations in Asia. TFS offers a broad range of engineering and manufacturing capabilities, with a special emphasis and expertise in display solutions. TFS' website is located at www.tfsc.com. Three-Five Systems, Inc. and the TFS logo are trademarks or registered trademarks of TFS. All other trademarks are the property of their respective owners. Certain statements contained in this document may be deemed to be forward- looking statements under federal securities laws, and TFS intends that such forward-looking statements be subject to the safe-harbor created thereby. Such forward-looking statements include, but are not limited to: (1) TFS expanding its product offerings; (2) delivery by TFS of a broader range of services to customers; and (3) growth of the company's current medical customer base. TFS cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained herein. Such factors include, but are not limited to: (a) the company's failure to successfully deliver new product and offerings despite the achievement of its ISO 13485:2003 certification: (b) changes in markets or demand for medical products manufactured at the company's Redmond facility; and (c) other risks as identified from time to time in TFS' SEC reports, including Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and Annual Reports on Form 10-K.
SOURCE Three-Five Systems, Inc.
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