01:27:59 EDT Thu 09 May 2024
Enter Symbol
or Name
USA
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Firan Technology Group Corp
Symbol FTG
Shares Issued 23,911,002
Close 2023-06-28 C$ 3.29
Market Cap C$ 78,667,197
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Firan's FTG Circuits Toronto qualifies for IPC-1791 QML

2023-06-28 17:12 ET - News Release

Mr. Brad Bourne reports

FIRAN TECHNOLOGY GROUP CORPORATION ( FTG ) ANNOUNCES FTG CIRCUITS TORONTO QUALIFIES FOR IPC-1791 QUALIFIED MANUFACTURERS LISTING (QML)

IPC's Validation Services program has awarded qualification for IPC-1791, Trusted Electronics Fabricator Requirements Qualified Manufacturers Listing (QML), to Firan Technology Group Corp.'s FTG Circuits Toronto.

FTG is a global corporation offering design, development, prototypes and manufacturing solutions for aerospace and defence electronic products and subsystems.

The FTG Circuits Toronto facility passed stringent Type 2 fabricator requirements, helping to optimize product quality, reliability and consistency across the entire manufacturing operations, earning a spot on IPC's global network of rigorously vetted, trusted sources. Requirements for qualification and QML listing to IPC-1791 includes product and quality system, supply chain risk management system (SCRM), security system including compliance to NIST SP 800-171, Export Control Laws (ITAR and EAR), and a chain of custody system review. This is the third FTG site to achieve the IPC-1791 certification.

FTG Circuits is a manufacturer of high-technology, high-reliability printed circuit boards including standard rigid, high-density interconnect (HDI), RF circuitry, thermal management and rigid flex products. FTG produces boards utilizing traditional PCB manufacturing processes and a licence of Averatek's A-SAPTM Semi-additive process.

"This IPC recognized qualification combined with the capabilities, scope and FTG's commitment to being the trusted PCB supplier of choice for aviation, defence and space industry customers assures our continued relationship with IPC Validation Services and the trusted supplier audit program," said Brad Bourne, president and chief executive officer, FTG.

IPC's Validation Services QML program was developed to promote supply chain verification and recognition. It also provides auditing and qualification of electronics companies' products and identifies processes which conform to IPC standards. The IPC-1791 QML verifies security systems and recognizes companies for either trusted electronic designer, fabricator or assembler ensuring a high level of integrity. "IPC's Validation Services audit programs uniquely provide technical and in-depth assessments of products and processes in accordance with IPC standards," said Randy Cherry, IPC director of Validation Services. "We are pleased to recognize FTG Circuits Toronto as a member of IPC's network of trusted QML suppliers."

About Firan Technology Group Corp.

Firan is an aerospace and defence electronics product and subsystem supplier to customers around the globe. Firan has two operating units:

  • FTG Circuits is a manufacturer of high-technology, high-reliability printed circuit boards. FTG Circuits' customers are leaders in the aviation, defence and high-technology industries. FTG Circuits has operations in Toronto, Ont., Chatsworth, Calif., and Fredericksburg, Va., and a joint venture in Tianjin, China.
  • FTG Aerospace manufactures and repairs illuminated cockpit panels, keyboards and subassemblies for original equipment manufacturers of aerospace and defence equipment. FTG Aerospace has operations in Toronto, Ont., Chatsworth, Calif., and Tianjin, China.

The corporation's shares are traded on the Toronto Stock Exchange under the symbol FTG.

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