Telesis Technology Corporation Establishes New Corporate Headquarters.
Bradenton, Florida -- September 29, 2004 - Telesis Technology Corporation (OTC: TLST) announced today that it has purchased and closed on a newly constructed larger facility to accommodate additional personnel and resources as demand for its Aerospace & Defense Products and Services continues to increase.
The purchase of the new facility and real estate continues to demonstrate Telesis Technology Corporation's long term commitment to its business plan. The new Corporate Headquarters will house Telesis' Sales, Finance, Administration, Support and Engineering departments.
Telesis CEO, Mr. Hasit Vibhakar commented, "The purchase of this new hi-tech facility will accommodate our rapid growth and expansion. The facility is being customized for our specific use and will house our Test Labs and Engineering functions plus include the additional space needed for our growing Sales and Support teams."
This new Corporate Headquarters will compliment Telesis's recently opened offices near RTP, NC as well as those already in place in India and Singapore. The Corporation deems these locations strategic as accommodations for the expanding field sales and technical teams.
About Telesis Technology Corporation
Telesis Technology Corporation designs, develops, tests, manufactures and markets a diverse range of Aerospace & Defense products. Our products are in worldwide use, supporting communication systems, networks, test systems and applications for the Aerospace & Defense sectors. The company is focused on providing product, system and service solutions for Commercial and Government customers. Telesis Technology Corporation has five operating divisions with locations in Bradenton-Florida, Palmetto-Florida, Chapel Hill, North Carolina, New Delhi-India, and Singapore. Company information can be obtained at http://www.telesistechnology.com
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Act Reform Act of 1995. In this press release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, the Company's ability to obtain additional financing to implement its business strategy, the delay or failure to properly manage growth and successfully integrate acquired companies and operations, lack of geographic diversification, imposition of new regulatory requirements affecting its business, a downturn in the general economic conditions, and other risks detailed from time to time in the Company's periodic reports filed with the U.S. Securities and Exchange Commission.
Contact:
Investor Relations
Telesis Technology Corporation
941-795-7441 ext: 226
ir@telesistechnology.com