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FOR IMMEDIATE RELEASE Esterline Acquires Software Engineering Firm Specializing In Aerospace Applications Avista Inc. Will Be Software Center of Excellence for Esterline Operations BELLEVUE, Wash., December 9, 2003--Esterline Technologies (NYSE/ESL
www.esterline.com), a leading specialty manufacturer serving aerospace/
defense markets, today announced that it has agreed to acquire the outstanding
stock of Avista Inc., a $10 million Wisconsin-based developer of embedded
software for mission critical applications. This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are based on the current intent and
expectations of the management of Esterline, are not guarantees of
future performance, and involve risks and uncertainties that are difficult
to predict. Esterline’s actual results and the timing and outcome
of events may differ materially from those expressed in or implied
by the forward-looking statements due to changes in aerospace/defense
industry demand or because of current uncertainties associated with
other risks detailed in the company's public filings with the Securities
and Exchange Commission, including the company's Annual Report on Form
10-K for the year ended October 25, 2002. |
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Esterline Technologies Corporation / 500 -- 108th Avenue NE, Suite 1500 / Bellevue, WA 98004 || Terms and Conditions |