For More Information Contact:
Muneeb Khalid
Toll-Free Tel: 1-877-725-2927
Tel: (514) 633-0001
Fax: (514) 633-0021
E-Mail: muneeb@alazartech.com
AlazarTech Finishes A Record Financial Year With 210% Growth In Revenues And 280% Growth In Profits
Montreal, Canada (December 1, 2006) - AlazarTech, a manufacturer of PC Based Instruments, today announced that it had finished its 2006 financial year with record revenues and profits.  Its core business of PCI Digitizers provided 210% growth in revenue and over 280% growth in Operating Income Before Taxes.

Company attributed almost all of the growth to successful implementation of product and marketing strategies laid out at the start of the year by AlazarTech's management team.

This past year AlazarTech released many new products that are the only waveform digitizers available with dual ported memory.  This product differentiation cemented AlazarTech's position in the marketplace.

"All along, our goal has been to become the preferred vendor of waveform digitizers for OEM customers.  Our strategy has been to do this by working with and learning from our customers", stated Muneeb Khalid, President of AlazarTech.  "The result is that while other vendors are laying off employees or selling their companies at dirt-cheap prices, AlazarTech is growing and prospering".

 

AlazarTech, headquartered in Montreal, Canada, provides high performance, low cost PC Based Instruments and software for customers involved in building OEM products, manufacturing test systems and research and development.

AlazarTech was founded in 2003 by Muneeb Khalid, who was the original founder of Gage Applied Sciences Inc., a pioneer in PC Based Instrumentation.  That company was sold to Tektronix Inc. in 2000.

While AlazarTech manufactures some of the fastest PCI digitizers on the market, speed alone is not the only differentiating factor.  AlazarTech concentrates on providing usability features for its PCI digitizers that make them very easy to integrate into real-world OEM applications such as ultrasonic testing, medical imaging and radar signal analysis.

AlazarTech also works with selected OEMs to customize its products based on customer requirements.

The company's line of ATS PCI digitizers have been recognized by leading European, Asian and North American OEMs as being superior in quality to other devices on the market.

The company's products have found applications in industries such as medical imaging, metal inspection, automotive and semiconductor test.

AlazarTech sells its products directly in North America, and internationally through a distribution network.

For more information on AlazarTech, visit www.alazartech.com
or www.alazartech.com

 
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