newsrelease              

CTS CORPORATION  Elkhart, Indiana 46514  •  (574) 523-3800   

 

 

 

June 28, 2010

FOR RELEASE:  Immediately

 

CTS Offers New OCXO Platform for Telecommunications Applications


Elkhart, IN…CTS Corporation (NYSE: CTS), a global leader in the design and manufacture of electronic components, today announced availability of the new model 119 high precision, surface mount, SC (Stress Compensated) oven-controlled crystal oscillator (OCXO). This oscillator offers exceptional frequency stability and low jitter performance and has been recommended by semiconductor companies for use with timing IC’s for Timing over Packet applications such as IEEE 1588 Synchronous Ethernet.

The IEEE 1588 Synchronous Ethernet is the next generation of timing and synchronization of the telecom network, both for wireless and for wireline applications.  It distributes accurate frequency and time of day throughout the network, which is critical for proper operation of cellular base stations. It supports wider bandwidth services through the use of Synchronous Ethernet timing and provides the high stability and frequency accuracy requirements of Stratum 3E standards.

This new OCXO has been recommended by a leading semiconductor company to be used with their timing and synchronization integrated circuits.  Each of their IC’s, when used for access and enterprise telecom equipment, requires the use of an external quartz oscillator.

CTS Electronic Components continues as a world leader in the design and manufacture of superior frequency products and cost effective solutions that offer a price advantage to customers, in both standard and customized configurations.   

More information on this new OCXO platform, as well as other OCXO models, can be found on the CTS website, http://www.ctscorp.com/components/ocxo.asp.
 

About CTS Electronic Components
CTS Electronic Components is a leading provider of engineered electronic components used in communications, medical, defense and aerospace, industrial and computer applications for OEMs and Contract Manufacturers worldwide. The Company has manufacturing locations in Albuquerque, New Mexico; Tucson, Arizona; Nogales, Mexico; Singapore; Zhongshan and Tianjin, China; and Kaohsiung, Taiwan.

About CTS
CTS is a leading designer and manufacturer of electronic components and sensors and a provider of electronics manufacturing services (EMS) to OEMs in the automotive, communications, medical, defense and aerospace, industrial and computer markets. CTS manufactures products in North America, Europe and Asia. CTS' stock is traded on the NYSE under the ticker symbol "CTS.” 

Safe Harbor Statement
This press release contains statements that are, or may be deemed to be, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, any financial or other guidance, statements that reflect our current expectations concerning future results and events and any other statements that are not based solely on historical fact. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and are based on various assumptions as to future events, the occurrence of which necessarily are subject to uncertainties. These forward-looking statements are made subject to certain risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from those presented in the forward-looking statements, including, without limitation: changes in the economy generally and in respect to the businesses in which CTS operates, including those resulting from the current global financial and credit crisis; pricing pressures and reduction in demand for CTS’ products, especially if economic conditions do not recover or continue to worsen in CTS’ served markets, including but not limited to: the automotive, computer equipment or communications markets; disruption, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged by CTS and the availability and cost of credit in the future; the financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate liquidity) to maintain their credit availability or ongoing viability; risks associated with CTS’ international operations, including trade and tariff barriers; currency fluctuations and their effects on our results of operations and financial position; changes in performance of equity and debt markets that could affect the valuation of the assets in CTS’ pension plans and the accounting for pension assets, liabilities and expenses; political and geopolitical risks; rapid technological change in the automotive, communications and computer industries; reliance on key customers; CTS’ ability to protect its intellectual property; and potential costs and liabilities related to the recent Toyota recall. For more detailed information on the risks and uncertainties associated with CTS’ business, see the reports CTS files with the Securities and Exchange Commission available at http://www.ctscorp.com/investor_relations/investor.htm.  CTS undertakes no obligation to publicly update its forward-looking statements to reflect new information or events or circumstances that arise after the date hereof, including market or industry changes.

 

Contact:     

Mitchell J. Walorski, Director of Investor Relations

  CTS Corporation, 905 West Boulevard North, Elkhart, IN 46514
  Telephone: (574) 523-3800,   Fax: (574) 293-6146