Hurco Files CNC-Based 3D Printing U.S. Patent Application

INDIANAPOLIS, July 15, 2014 -- Hurco Companies, Inc. (HURC) today announced the company recently filed a U.S. patent application for new technology combining 3D printing and CNC machining.

"We designed an additive manufacturing adapter that, in combination with proprietary Hurco control software, effectively turns a CNC milling machine into a 3D printer," said Gregory Volovic, President of Hurco Companies, Inc. "Hurco has a long history of inventing technology that allows our customers to be more productive and profitable. This is yet another Hurco innovation making advanced technology accessible to a broad range of customers. With this new additive manufacturing capability, users may go from print to plastic prototype to finished metal part on one machine without repeated set-ups and without multiple prototyping utilizing costly metals and raw material," explained Volovic.

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Giga-tronics Receives $2.4 Million Order From the U.S. Navy for Its Model 8003 Precision Scalar Analyzers

SAN RAMON, Calif., June 17, 2014  -- Giga-tronics Incorporated announced today that it has received an order from the Naval Air Warfare Center in Pawtuxet River, MD valued at approximately $2.4 million associated with its Model 8003 Precision Scalar Analyzer. The Company anticipates shipping the equipment to the Navy over the next six months.

The Giga-tronics Model 8003 Precision Scalar Analyzer combines fast measurement capability with the accuracy and linearity of a power meter in a single instrument. John Regazzi, President and CEO of Giga-tronics, said "We are committed to supporting the U.S. Navy's requirement for high accuracy device calibration and are pleased to be selected as a supplier of critical equipment for their metrology labs."

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Giga-tronics High Performance Filter Extended to Third Aircraft Platform

SAN RAMON, Calif., June 2, 2014 -- Giga-tronics Incorporated announced today that it has completed a sole-source multi-year agreement with a major aerospace company to develop a variant of its high performance fast tuning YIG filters for a third aircraft platform. In connection with the agreement, the Company has received orders valued at approximately $6.9 million for the non-recurring engineering and for the delivery of a limited number of flight-qualified prototype hardware. The majority of the non-recurring engineering services are expected to be performed over the next twelve months. The Company is also anticipating an additional multi-year order later this year for approximately $10.0 million associated with the production units.

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Synodon Secures $1.2 Million in New Contracts from Three Repeat Customers

EDMONTON, ALBERTA-- Synodon Inc. ("Synodon") (TSX VENTURE:SYD) announces that is has secured $1.2 million in new realSens™ services contracts from three pipeline operators located in Texas, Alberta and British Columbia. These companies have been previous realSens™ customers and all have increased the amount of surveyed pipeline, two of the operators to 100% of their networks. The total survey length between the three companies is more than 12,700 kilometers of natural gas and crude oil pipelines. The contracts require the provision of a variety of services including gas and oil leak detection, pipeline threat assessment, vegetation encroachment analysis, pipeline zone classification as well as a number of custom services based on specific customer needs.

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AMETEK to Acquire Zygo Corporation

April 11, 2014 - AMETEK, Inc. (AME) and Zygo Corporation (ZIGO) announced that they have entered into a definitive merger agreement under which AMETEK will acquire all of the outstanding shares of common stock of Zygo at a purchase price of $19.25 per share in cash, which represents a premium of 31% to Zygo's closing share price on April 10, 2014. The aggregate enterprise value of the transaction is approximately $280 million, taking into account Zygo's outstanding equity awards and net cash to be acquired in the transaction. The transaction was unanimously approved by the Board of Directors of Zygo.

Founded in 1970 and headquartered in Middlefield, CT, Zygo is a leading provider of optical metrology solutions, high precision optics, and optical assemblies for use in a wide range of scientific, industrial, and medical applications. For the calendar year ended December 31, 2013, Zygo had sales of approximately $162 million.

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