Pacific Aerospace & Electronics, Inc. Announces Electronics Orders

Apr 12, 2001, 01:00 ET from Pacific Aerospace & Electronics, Inc.

    WENATCHEE, Wash., April 12 /PRNewswire/ --
 Pacific Aerospace & Electronics, Inc. (Nasdaq: PCTH), a diversified
 manufacturing company specializing in metal and ceramic components and
 assemblies, announced today that the Company's Interconnect Division recorded
 an acceleration of new orders for standard products recently, representing
 strong demand for the Company's advanced interconnect technologies and
 production capabilities.
     The new business, which is valued at approximately $3.37 million, was
 placed by various customers with the Company's U.S. Electronics Group
 - Interconnect Division.  PA&E will design and manufacture an extensive range
 of advanced, state-of-the-art hermetic packaging components in support of a
 broad spectrum of defense and aerospace industry programs whose systems must
 withstand extremely invasive environments, including:  satellites,
 communications and weapons systems.
     "These contract awards strengthen PA&E's market position as a leading
 supplier of hermetically sealed electronic connectors, feedthroughs,
 assemblies and instrument packages," said Werner Hafelfinger, Vice President
 Operations and COO of the Company.  "Furthermore, these contract wins
 reinforce our long-standing role as a trusted partner to the defense and
 aerospace industry."
     Pacific Aerospace & Electronics, Inc. is an international engineering and
 manufacturing company specializing in technically demanding component designs
 and assemblies for global leaders in the aerospace, defense, electronics,
 medical, telecommunications, energy and transportation industries.  The
 Company utilizes specialized manufacturing techniques, advanced materials
 science, process engineering and proprietary technologies and processes to its
 competitive advantage.  Pacific Aerospace & Electronics, Inc. has
 approximately 1,000 employees worldwide and is organized into three
 operational groups -- U.S. Aerospace, U.S. Electronics and European Aerospace.
 More information may be obtained by contacting the company directly or by
 visiting its Web site at www.pcth.com.
     Forward-looking statements in this release concerning trends or
 anticipated results are made pursuant to the safe harbor provisions of the
 Private Securities Litigation Reform Act of 1995.  Actual results could differ
 materially from those stated or implied in the forward-looking statements.
 The forward-looking statements in this release are not guarantees of future
 performance and are subject to risks and uncertainties related to the
 Company's operations and its ability to obtain sufficient cash if and when
 needed.  These risks and uncertainties include, but are not limited to,
 competitive factors (including the possibility of increased competition or
 technological development, competitors and price pressures); legal factors
 (such as limited protection of the Company's proprietary technology and
 changes in government regulation); financial factors (such as the Company's
 significant debt load); and the Company's dependence on key personnel and
 significant customers.  More information about potential factors that could
 affect the Company's financial results is included in the Company's filings
 with the Securities and Exchange Commission.  All forward-looking statements
 included in this release are based on information available to the Company as
 of the date of this release, and the Company assumes no obligation to update
 any such forward-looking statements.
 
 

SOURCE Pacific Aerospace & Electronics, Inc.
    WENATCHEE, Wash., April 12 /PRNewswire/ --
 Pacific Aerospace & Electronics, Inc. (Nasdaq: PCTH), a diversified
 manufacturing company specializing in metal and ceramic components and
 assemblies, announced today that the Company's Interconnect Division recorded
 an acceleration of new orders for standard products recently, representing
 strong demand for the Company's advanced interconnect technologies and
 production capabilities.
     The new business, which is valued at approximately $3.37 million, was
 placed by various customers with the Company's U.S. Electronics Group
 - Interconnect Division.  PA&E will design and manufacture an extensive range
 of advanced, state-of-the-art hermetic packaging components in support of a
 broad spectrum of defense and aerospace industry programs whose systems must
 withstand extremely invasive environments, including:  satellites,
 communications and weapons systems.
     "These contract awards strengthen PA&E's market position as a leading
 supplier of hermetically sealed electronic connectors, feedthroughs,
 assemblies and instrument packages," said Werner Hafelfinger, Vice President
 Operations and COO of the Company.  "Furthermore, these contract wins
 reinforce our long-standing role as a trusted partner to the defense and
 aerospace industry."
     Pacific Aerospace & Electronics, Inc. is an international engineering and
 manufacturing company specializing in technically demanding component designs
 and assemblies for global leaders in the aerospace, defense, electronics,
 medical, telecommunications, energy and transportation industries.  The
 Company utilizes specialized manufacturing techniques, advanced materials
 science, process engineering and proprietary technologies and processes to its
 competitive advantage.  Pacific Aerospace & Electronics, Inc. has
 approximately 1,000 employees worldwide and is organized into three
 operational groups -- U.S. Aerospace, U.S. Electronics and European Aerospace.
 More information may be obtained by contacting the company directly or by
 visiting its Web site at www.pcth.com.
     Forward-looking statements in this release concerning trends or
 anticipated results are made pursuant to the safe harbor provisions of the
 Private Securities Litigation Reform Act of 1995.  Actual results could differ
 materially from those stated or implied in the forward-looking statements.
 The forward-looking statements in this release are not guarantees of future
 performance and are subject to risks and uncertainties related to the
 Company's operations and its ability to obtain sufficient cash if and when
 needed.  These risks and uncertainties include, but are not limited to,
 competitive factors (including the possibility of increased competition or
 technological development, competitors and price pressures); legal factors
 (such as limited protection of the Company's proprietary technology and
 changes in government regulation); financial factors (such as the Company's
 significant debt load); and the Company's dependence on key personnel and
 significant customers.  More information about potential factors that could
 affect the Company's financial results is included in the Company's filings
 with the Securities and Exchange Commission.  All forward-looking statements
 included in this release are based on information available to the Company as
 of the date of this release, and the Company assumes no obligation to update
 any such forward-looking statements.
 
 SOURCE  Pacific Aerospace & Electronics, Inc.