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Valpey Fisher Corporation Update -Valpey Fisher Corporation Announces the Creation of the Microwave Products Group


HOPKINTON, MA – March 8, 2010 – Valpey Fisher Corporation (NASDAQ: VPF), a leader in low noise timing solutions, announces the creation of its Microwaves Products Group. The group will focus on the design, manufacture and marketing of high performance RF/Microwave components and integrated modules for a broad range of end markets, including Microwave Point to Point, Wireless Infrastructure and Military communications.

"The creation of the Microwave Products Group will enable us to better service our existing customers with an increased product offering and allow us to expand into new market applications”, said Michael Ferrantino Jr., President and Chief Executive Officer. “I am very excited about the seasoned team we have put in place. They bring more than 65 years of Design, Manufacturing and Marketing expertise to Valpey Fisher”, added Ferrantino.

For over 75 years, Valpey Fisher has cultivated longstanding and trusting relationships with a diverse customer base ranging from the world’s major OEMs to small and emerging businesses by providing innovative high performance frequency control solutions. The addition of the Microwave Products Group will further enhance the ability to address more content and provide our customers with a much broader portfolio of high performing devices and integrated solutions necessary for next generation system architectures.

About Valpey Fisher:

Valpey Fisher is a pioneer in the design of high accuracy subsystems used in digital and optical telecommunications systems in use throughout the world for digital voice, data and military communications. The Company’s products enable communications systems vendors to increase network data capacity and improved voice and video quality. Valpey Fisher manufactures precision low-noise timing modules used in Point to Point Radio, Satellite, Base Station, Test & Measurement, Microwave Communications and Synthesizers. The Company’s major customers include Alcatel-Lucent, Blade Networks, Juniper, Harris, Raytheon, BAE Systems and Broadcom Corporation.




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