Firan Technology Group (FTG) agrees new four-year contracts with key employees, The Canadian Business Journal

TORONTO, Oct. 24, 2022 (GLOBE NEWSWIRE) — Firan Technology Group Corporation (TSX:FTG) is pleased to announce new contracts with Circuits’ representative employees – Toronto facility negotiated and approved I was.

The contract is for four years. The contract recognizes its site’s strong recovery after the COVID-19 pandemic, everyone’s commitment to continuous improvement, and the external environment affecting the company and its employees.

Brad Vaughn, President and CEO of FTG Corporation, said: “We have seen strong demand at that site in 2022 and have been able to focus on ramping up production to support customer needs.”

About FIRAN TECHNOLOGY GROUP CORPORATION

FTG is a supplier of aerospace and defense electronics products and subsystems to customers worldwide. FTG has two operating units:

FTG Circuits is a manufacturer of highly skilled and reliable printed circuit boards. Our customers are leaders in the aviation, defense and high tech industries. FTG Circuits operates joint ventures in Toronto, Ontario; Chatsworth, California; Fredericksburg, Virginia; and Tianjin, China.

FTG Aerospace manufactures and repairs illuminated cockpit panels, keyboards and subassemblies for aerospace and defense OEMs. FTG Aerospace has operations in Toronto, Ontario, Chatsworth, California, and Tianjin, China.

The company’s shares are traded on the Toronto Stock Exchange under the symbol FTG.

Forward-Looking Statements

This news release contains certain forward-looking statements. These forward-looking statements relate to, but are not limited to, FTG’s business, expected financial performance, business prospects and strategy. Forward-looking information generally includes words such as “expect,” “believe,” “expect,” “plan,” or similar words that imply future results. Such statements are based on our management’s current expectations and inherently involve a number of known and unknown risks and uncertainties, including economic factors and our industry generally. The above list is not exhaustive of all possible factors. Such forward-looking statements are not guarantees of future performance, and actual events or results may differ materially from those expressed or implied by our forward-looking statements. I have. Readers are cautioned to consider these and other factors carefully in making decisions regarding us and not to rely undue on forward-looking statements. Except as required by law, FTG disclaims any intention or obligation to update or revise such forward-looking statements, whether as a result of new information, future events or otherwise.

debtAlso Whatyourtshe MenWhatormetersatMeon, plEhsecontact:

Bradley C. Bourne, President and CEO
Philrof T.yenology group HaOrporatMeupon
Phone: (416) 299-4000 x314
bradboyourne@feetgJointrp.Com

Jamie Crichton, Vice President and CFO
Phirof T.yenology group HaOrporatMeupon
Phone: (416) 299-4000 x264
[email protected]

Additional information can be found on the Corporation’s website www.feetgcorcomputerometers

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