Lockheed Martin Recognizes VersaLogic Corp. as a Top Performing Supplier with 2007 STAR Award
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Lockheed Martin Recognizes VersaLogic Corp. as a
Top Performing Supplier with 2007 STAR Award
Eugene, OR, March 3, 2008 * * * VersaLogic Corp. announced that it has been recognized as a STAR Supplier by Lockheed Martin [NYSE: LMT]. The prestigious award was bestowed to recognize VersaLogics ability to continuously meet Lockheed Martins demanding quality and delivery requirements during 2007.
VersaLogic has provided Lockheed Martin with high quality embedded computer products, delivered on schedule, at a reasonable cost, since 1999.
Implemented in 1999, the STAR Award program recognizes the superior performance of Lockheed Martins business partners and strives to develop stronger supply chain relationships. The award will be shared by VersaLogic and Lockheed Martins Maritime Security & Ship Systems business unit, -- part of the corporations Electronic Systems business area -- which nominated it.
Lockheed Martin places significant emphasis upon a business units evaluation of its suppliers, as well as its responsibility for management of the supplier and program. To qualify for an award, a supplier must be nominated by one of Lockheed Martins four business areas: Aeronautics, Electronic Systems, Information Systems and Global Services, or Space Systems. Each business area nominates a supplier for STAR recognition and then shares this information with the other business units for consideration in their own supplier selection.
Len Crane, president at VersaLogic, comments, “Lockheed Martin has some of the most rigorous quality, delivery, and compliance requirements in the embedded computer industry.” He adds, “We at VersaLogic are very honored by this recognition."
About VersaLogic Corporation
A leading supplier of industrial computers since 1976, VersaLogic focuses on high-quality board-level products for embedded OEM applications. Their five year product availability guarantee and outstanding warranties demonstrate a commitment to service. Product platforms include EBX, PC/104, PC/104-Plus, EPIC, and SPX™. For four years running, VersaLogic has received the coveted "Platinum" level vendor rating based on independent user surveys by technology research firm Venture Development Corporation (VDC). For more information, visit www.VersaLogic.com
About Lockheed Martin Corporation
Headquartered in Bethesda, MD, Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2007 sales of $41.9 billion.