"Several of our larger customers have moved GCI from smaller-volume test environments to larger-volume production environments," reported Faris McMullin, CEO of R-Tec Corp.
"Our production processes are more efficient at higher volumes," said David Ries, VP Sales/Marketing at R-Tec Corp. "That enables us to offer lower pricing in volume, which makes GCI more cost-effective in a production environment. Our resellers have already been notified of the price reduction."
Prices are reduced as much as 20% in purchase quantities of 100+. Prices for quantities under 100 are not changed.
GCI(TM) Flex interconnects are used to test computer chips. Their excellent electrical characteristics are especially helpful in testing high frequency chips and chips with large power consumption.
About R-Tec Holding
R-Tec designs and manufactures high performance GCI(TM) interposers, test sockets, and interconnect devices for the semiconductor test industry.
Forward-looking Statements. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. While these statements are made to convey the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Actual company results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. A more extensive listing of risks and factors that may affect the business prospects of the company and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. R-Tec Holding, Inc., assumes no obligation to update forward-looking information contained in this press release.
R-Tec Holding Corp.
© 2004 PR Newswire
