BEIQ Bei Technologies (MM)

BEI Technologies Receives Supplier of the Year Award from ITT Industries SAN FRANCISCO, Jan. 8 /PRNewswire-FirstCall/ -- BEI Technologies, Inc. was honored to receive the ITT Industries Aerospace/Communications Division Supplier of the Year Award on November 18, 2003. The award, presented by ITT Industries to BEI's Precision Systems and Space Division (PSSD) in Maumelle, Arkansas, is in recognition of BEI's work on the ITT Cross-Track Infrared Sounder (CrIS) for the National Polar Orbiting Environmental System Satellite (NPOESS). The CrIS provides improved measurements of the temperature and moisture profiles in the atmosphere. Forecasters use temperature and moisture sounding data in advanced numerical weather prediction models to improve both global and regional predictions of weather patterns, storm tracks, and precipitation. ITT is part of the Northrop Grumman Corporation NPOESS team. Northrop Grumman leads the team as the prime contractor and has overall responsibility for the program development effort. "We are very pleased to be part of the ITT Industries, Aerospace/Communications team on the NPOESS project and look forward to providing continuing support. PSSD is proud to have been able to provide timely, high quality support on a contract executed with extremely short timelines," said Dr. Asad Madni, President and COO of BEI Technologies, Inc. "And we continue to focus our space heritage and technical core competencies to support our valued customers." BEI Technologies, Inc. ("the Company" or "Technologies") is an established manufacturer of electronic sensors, motors, actuators and motion control products used for factory and office automation, medical equipment, military, aviation and space systems. In addition, sales to manufacturers of transportation equipment including automobiles, trucks and off-road equipment have become a significant addition to the Company's business in recent years. The Company's micromachined quartz yaw rate sensors are being used in advanced vehicle stability control systems and a significant increase in the production of those sensors had been in progress from the middle of 1998 to FY 2003 except for a decrease in production in fiscal 2002 due to increased competition. The Company is currently transitioning to its next generation of automotive inertial quartz based sensor products, remotely mounted multi-sensor clusters with can bus and a multi rate sensor package suitable for incorporation into electronic systems modules. The Company also manufactures electronic steering wheel position sensors, seat-memory modules, throttle position sensors, pressure sensors, and other devices used in transportation systems. GyroChip and MotionPak are registered trademarks of the Company. DATASOURCE: BEI Technologies, Inc. CONTACT: John LaBoskey, Senior Vice President/CFO of BEI Technologies, Inc., +1-415-956-4477 Web site: http://www.bei-tech.com/

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