RANCHO SANTA MARGARITA, CA – Valor Computerized Systems today named Dan Weitzman president of its Americas operations. Weitzman has more than 11 years’ experience in software sales and management and has been interim president for Valor Americas for the past six months. Prior to joining Valor in 1999, Weitzman held various sales and marketing positions at Viewlogic Systems and VeriBest Corp. He holds a bachelor’s from the University of Massachusetts at Amherst.
CLINTON, NY – Indium Corp. promoted Ross Berntson to vice president of its solder products business unit, responsible for sales and technical services for printed circuit board assembly, semiconductor packaging, engineered solders and thermal interface materials. Berntson joined Indium in 1996 as a product specialist and was previously director of the solder products business unit. He is active in several industry consortia including the IPC Solder Products Value Council. Bernston has a bachelor’s in chemistry and master’s in teaching and business administration from Cornell University.
EL SEGUNDO, CA – Sales of broadband equipment are expanding at a robust pace, with factory revenue set to hit $15.1 billion worldwide by 2011, a CAGR of 6.2%, according to iSuppli Corp.
Broadband equipment sales were $11.2 billion in 2006, as users are opting for faster access to the Web. Household broadband is expected to exceed 50% in the U.S. and Japan for the first time this year, and will do so in Europe in 2008, iSuppli predicts. Global broadband subscribers will grow to 622.7 million by 2011, more than double the 270.4 million in 2006. “ADSL remained the leading broadband technology around the world in 2006, with 72% of the subscribers, while cable modems ended 2006 with 22%,” said Steve Rago, iSuppli principal analyst. “The ADSL market is headed for a major inflection point … This has happened in Japan already, as many service providers have migrated to fiber-to-the-home (FTTH) technology, which offers a 15-times increase in bandwidth compared to ADSL.”
FRANKLIN, MA – On May 17, Speedline Technologies will present a free one-hour Webcast on wave soldering process optimization. The Webcast starts at 11 am Eastern, and will emphasize process control and repeatability. Conveyance, fluxing, preheating and the wave solder module will be covered. Process-related topics will include product design, process definition, flux selection and application, solder wave forms, process instrumentation and control. Also to be discussed: tools and techniques for creating and maintaining engineering control and repeatability. For more information and to register, go to www.speedlinetech.com/seminars.
RICHARDSON, TX – TXP Corp. reported fourth-quarter rose to $3.1 million, up from $897,000 year-over-year. The EMS provider’s net loss rose to $1.8 million compared to net loss of $573,000 last year. The operating loss narrowed to $232,000, from $502,000. For the year, total revenue was $8.2 million, compared with $9.4 million for 2005. Revenue for 2005 included $5.2 million related to a one-time project with a single customer. The operating loss rose to $1.3 million, from $170,000 in 2005. The net loss was $4.6 million, versus a loss of $595,000. On March 30, TXP completed a private placement with Cornell Capital Partners worth about $5 million gross. The proceeds will be used to accelerate the company's ONT business strategy.