MINNEAPOLIS -- Nortech Systems Inc. reported net sales of $19.1 million for the first quarter ended March 31, up 27% over the same period in 2004.

Operating income rose 64% to $315,333, while net income more than doubled to $98,892.

"This year has started very well, with positive momentum continuing from the second half of 2004," says Mike Degen, President and CEO of Nortech Systems. "Our diverse customer base remains a core strength."

Sales growth was led by aerospace systems and electronics assembly.

As previously announced, the company expects revenues in fiscal 2005 to increase eight to 10%, in the range of $78 million to $80 million.
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