SOURCE: Palomar Technologies

Palomar Technologies

January 27, 2010 19:20 ET

Palomar Technologies Records 3rd Straight Year of Profitability

CARLSBAD, CA--(Marketwire - January 27, 2010) - Palomar Technologies, a world-leading provider of microelectronics and optoelectronic packaging systems, announced today that is has recorded its third straight year of increased revenue and profitability. Palomar's systems and contract assembly services include high precision wire bonding, complex hybrid packaging, and high accuracy die attach solutions.

Bruce W. Hueners, President & CEO, stated, "As a credit to the employees of Palomar, the company has maintained measured growth the last 3 years in a difficult economic environment while sustaining high operational efficiency." The company is based in Carlsbad, CA and has offices in Germany and Singapore and a staff of service technicians located around the world.

Palomar Technologies is formerly a division of Hughes Aircraft's Industrial Products Division. For decades, Hughes led the world in avionics and satellite communication innovation and technology products. Hughes Aircraft was the first company to develop the first working prototypes of what are now wire bonders and die bonders (Palomar's core product). Palomar has continued the Hughes legacy of expertise in complex, high reliability and high power packaging applications, mostly found in the aerospace, defense, medical, RF and optoelectronic industries.

Palomar Microelectronics, based in Palomar's southern California facilities, is the development, test, and contract assembly division of Palomar Technologies. Contract assembly and manufacturing has proved an ideal solution for customers worldwide in need of immediate production of parts and micro-optoelectronic packages while their customized wire and die bonding systems are being built. Start-ups and cash-strapped companies also benefit by getting scalable production accomplished while keeping capital costs low. Palomar retains significant clean room space and equipment to service its customers.

For more information find Palomar Technologies on the web at www.PalomarTechnologies.com, or visit Palomar's blog at Solutions.PalomarTechnologies.com.

About Palomar Technologies

Palomar Technologies, formerly part of Hughes Aircraft, is the world's foremost provider of wire bonders, gold wire bonders, die bonders and automated component placement systems and contract assembly services. Palomar's bonding equipment and assembly services specialize in high reliability, complex and atypical device packages that are found in the aerospace and defense, medical, telecom and high-level consumer technology industries.

Contact Information

  • Contact:
    Rich Hueners
    Palomar Technologies
    Marketing Communications
    Email Contact
    760-931-3691