YAVNE, ISRAEL – Software provider Valor Computerized Systems Ltd. reported second-quarter revenues of $10.7 million, up 2% year-over-year.

Net profit was $600,000, up 6% compared to the second quarter of 2007.

Revenues in the first half of 2008 were $21.4 million, up 2% compared to the same period last year.

First-half net profit was $2.1 million, up 43% year-over-year.

“Q2 was a good quarter for Valor, despite the slowdown in global economy and the weakness of the US$,” said Valor’s CEO Dan Hoz. “During the quarter we established three new OEM agreements with major machine vendors, who will be selling our products together with their machines.”

SPOKANE VALLEY, WA – EMS provider Key Tronic Corp. announced fourth-quarter fiscal 2008 revenue was $57.3 million, up 17% year-over-year.

Fourth-quarter net income was $2.6 million, down 3.7% compared to the same period last year.

For full-year 2008, revenue was $204.1 million, up a slight 1.2% compared to 2007. Net income was $5.6 million, up 7% year-over-year.

"For the fourth quarter and for the year, we achieved the highest revenue since implementing our EMS strategy. During the year, we had eight new customers contributing about 13% of our total revenue. In fiscal 2009, we expect 10 additional new customers to come on line. Together, we expect these 18 new customers to contribute approximately 40% of our revenue in fiscal 2009, offsetting the anticipated decline in demand from some of our existing customers,” said president and CEO Jack Oehlke.

For the first quarter of 2009, the company expects revenue in the range of $45 million to $48 million.

SAN JOSE, CA – Revenue for the worldwide EMS market was $261 billion in 2007, up 17% year-over-year, according to Electronic Trend Publications.

ORLANDO – Seica Inc., supplier of ICT and flying probe systems, and Corelis Inc., provider of boundary-scan and JTAG emulation test tools, have formed a partnership to deliver an integrated system based on Seica’s Pilot flying probe system and boundary-scan products from Corelis.

The two firms will integrate Corelis boundary-scan JTAG controllers and software to support different configurations and applications.

The integrated solution is already deployed at a major defense electronics manufacturer, the companies said.