ORLANDO, Fla., April 27, 2009 (GLOBE NEWSWIRE) -- The LGL Group (NYSE Amex:LGL) announced today it would present short and long term business strategies at the TechAmerica Micro-Cap Financial Conference on Tuesday, May 5, at the Monterey Plaza Hotel, Monterey, CA.
The $40 million company does business as MtronPTI, and is a leading producer of frequency control, filter and integrated subsystems for the multi-billion dollar telecommunications, military, space satellite and avionics markets. Over the past year, the firm has introduced a record 10 new products into these markets.
Robert Zylstra, President and Chief Executive Officer of the Company, will make presentations that will include a review of LGL Group's business strategies, financial results and new product and system innovations. Mr. Zylstra will present a brief overview of the Company at approximately 8:30 a.m. in the hotel's Cypress Ballroom. He will also host five, 30-minute break-out sessions in suite 2324, beginning at 10:30 a.m. The final session begins at 2:30 p.m.
On April 21, the Company announced it had secured active projects with 12 industry leaders in the $10 billion satellite manufacturing market -- a goal announced in May 2007. These customers include Boeing Space Systems, L-3 Communications, Northrop Grumman, Trak Microwave Corp, NEC-Toshiba Space Systems and others.
LGL Group is headquartered in Orlando, FL, and has manufacturing locations in North America and India, and has a sales office in Asia. The firm is listed on NYSE Amex and is traded under the symbol LGL. Additional information can be obtained by contacting Harold Castle at hcastle@mtronpti.com or 407-298-2000 ext 146. The LGL website can be viewed at www.lglgroup.com; the MtronPTI website can be viewed at www.mtronpti.com.