CARLSBAD, CA – Palomar Technologies has posted its best year since 2000.

“We exceeded our sales, booking and profit targets in 2008, and are carrying a strong backlog into the current year,” said Bruce W. Hueners, president and CEO.

This past summer, Palomar Management bought out the original investor group that spun the company out of Hughes Aircraft in 1995.

The firm provides automated precision microelectronics assembly equipment and contract assembly services.

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