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MANKATO, MN – EMS firm Winland Electronics reported net sales for the first quarter were $7 million, down 24.4% year-over-year. The company incurred a loss from operations of $569,000 compared to a loss of $342,000 in 2007. First-quarter net loss was $380,000, compared to a net loss of $267,000 last year.
 
Gross profit was $611,000, or 8.7% of sales, down from last year’s $872,000, or 9.4% of sales. Decreased gross profit was primarily a result of underutilization of fixed manufacturing costs because of lower sales volume for the quarter, said the firm.
 
Operating expenses were $1.2 million, which was consistent overall with the same period of 2007, according to Winland. The company's sales and marketing expense increased with the hiring of two salespeople during the past year, and in the first quarter, the company decreased new product development spending.
 
"Winland's results during the first quarter this year reflect the negative impact of a sharp decline in customer demand from two of our three largest customers, as well as the phase out of sales from two customers," said newly named CEO Thomas de Petra.
 
"Early in the first quarter, we responded to this sales trend with discretionary expense reductions and adjustments to fixed overhead that were paired to a restructuring of our manufacturing and operations departments and other initiatives announced earlier this year," de Petra added. 
ROME, NY – The ESD Association will hold an online course on controlling ESD in automated equipment next month.

The course takes place June 25 at 2 p.m. EST.

Instructor Donn Bellmore of Universal Instruments will focus on the grounding and material requirements of ESD Controls in AHE for prevention of CDM and MM type damage to ESD sensitive devices. Design methods and material selections that provide effective ground paths through the assembly will be introduced. Test methods used to qualify the design will be discussed. Students will also become familiar with different types of plating and practices to provide effective designs.

For more information, visit www.esda.org/education.html.

For a complete 2008 schedule, visit
www.esda.org/documents/2008EducationSchedule.pdf.
MUNICHSiemens AG said its second-quarter net profit fell 67% as a result of weaker performance in some key business projects, but said orders were up.

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