NORTON, Mass., Oct. 10, 2018 — CPS Technologies Corporation (Nasdaq:CPSH), the world leader in combining metals and ceramics to improve performance and reliability in electrical systems, is pleased to announce the appointment of Ferrian Sales & Associates Inc. as our exclusive sales representative in Arizona, Mexico, Wisconsin, Iowa, Minnesota, North and South Dakota.
Commenting on the appointment, Ms. Cheryl Oliveira, Vice-President of Sales for CPS Technologies said, “We are delighted to add Ferrian Sales & Associates Inc. to the Company’s sales representative organization. We are confident with the experience and reputation of the Ferrian Sales team we will increase our regional representation in the U.S., spanning the regions with the greatest electronics packaging and thermal management activity.”
“As representatives of a variety of manufacturers, our success is directly dependent upon our ability to select partners who complement our current offerings and aid us in meeting the needs of our customers,” said Greg Ferrian, President, Ferrian Sales & Associates. “Needless to say, we are very excited to be working with CPS Technologies, the world leader in metal matrix composites.”
About CPS Technologies Corporation: CPS is a global leader in producing metal-matrix composite components used to improve reliability and performance of various electrical systems. CPS is a leading supplier of conventional and AlSiC hermetic packages for military and commercial applications, focused on DC-DC converters for the Power Industry. CPS products are also used in motor controllers for hybrid and electric vehicles, high-speed trains, subway cars and wind turbines, as well as heat spreaders in internet switches, routers and high-performance microprocessors. CPS armor products are used to defeat the most advanced threats to ground, airborne and naval platforms.
About Ferrian Sales & Associates, Incorporated:
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Ferrian Sales represents a variety of complementary technologies for the material and service needs of the advanced technology electronics market in the Upper Midwest United States. Greg Ferrian, President, has thirty years’ experience providing customized solutions for the military, industrial, avionics, and medical microelectronics industry. The sales team of Greg Ferrian, Sean Ferrian and Jacob Riley, provide quality solutions leveraging their design and material expertise and the unique component and service offerings of the world’s leaders in innovative microelectronic solutions.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on management’s current expectations and include known and unknown risks, uncertainties and other factors, many of which we are unable to predict or control, that may cause our actual results, performance or achievements to materially differ from those expressed or implied in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in our filings with the Securities and Exchange Commission. We assume no duty to update our forward-looking statements.
CPS Technologies Corporation Ralph Norwood, Chief Financial Officer 111 South Worcester Street Norton, MA 02766 Telephone: (508) 222-0614 Web Site: www.alsic.com