Profile: Astro-Med Inc (ALOT.OQ)
30 Oct 2014
Astro-Med, Inc. (Astro-Med) designs, develops, manufactures and distributes a range of specialty printers and data acquisition and analysis systems, including both hardware and software, which incorporate advanced technologies in order to acquire, store, analyze, and present data in multiple formats. The Company’s markets for hardware and software products of the Company include aerospace, apparel, automotive, avionics, chemicals, computer peripherals, communications, distribution, food and beverage, general manufacturing, life sciences, packaging and transportation. The Company operates in three business segments: Astro-Med Test & Measurement (T&M), QuickLabel Systems (QuickLabel) and Grass Technologies (Grass). The Company's products are sold under the brand names Astro-Med Test & Measurement (T&M), Grass Technologies (Grass), and QuickLabel Systems (QuickLabel). In January 22, 2014, the Company completed the acquisition of Miltope Corporation's line of ruggedized aerospace printers.
The products sold under the Astro-Med Test & Measurement brand acquire and record data and print the output onto charts or electronic media. Products sold under the Grass brand electronically capture and record neurological data, which are used to analyze and diagnose disorders, such as epilepsy and sleep apnea. Products sold under the QuickLabel brand digitally print custom labels used in product packaging and automatic identification applications. The Company supplies a range of products, which includes hardware, software and consumables to customers who are in a variety of industries. Astro-Med Test & Measurement products include Dash MX portable data acquisition system, TMX high-speed data acquisition system, ToughWriter ruggedized cockpit printers, ToughSwitch Ethernet switches, Dash series data recorders, and Everest telemetry recorders.
ToughWriter ruggedized cockpit printers are used in the flight deck and in the cabins of military and commercial aircraft to print hard copies of landing strips, flight itineraries, weather maps, gate information, and ground communications. ToughSwitch Ethernet switches are used in commercial and military aircraft and military vehicles to connect multiple computers or Ethernet devices together.
The Company's family of portable data recorders are used as maintenance and troubleshooting instruments in pulp and paper mills, metal mills, power generating plants, automotive R&D centers, manufacturing plants, and for aerospace applications. The TMX data acquisition system is designed for data capture of long-term testing in automotive, aerospace, and other industrial applications where the ability to monitor high channel counts, and accept and view a variety of input signals, including time-stamped and synchronized video capture data and audio notation.
The Everest telemetry recorders are used in the aerospace industry to monitor and track space vehicles, aircraft, missiles and other systems in flight.
The products sold under the Grass Technologies brand include neurophysiological recording instruments, software, stimulators, electrode preps, consumable products, and Grass’ industry-renowned electrodes. Grass equipment detects and amplifies neurophysiological signals for acquisition, review, and analysis, through special Grass software.
Grass clinical equipment is primarily sold into the sleep disorders (PSG) routine/ambulatory, and long-term epilepsy monitoring (LTM) diagnostic markets, and is sold to hospitals, free-standing clinics, and private physicians’ offices. The Grass clinical products include the FDA-listed Grass S12X Cortical Stimulator for cortical stimulation mapping to aid in cortical resection procedures, the TREA ambulatory EEG recorder, the SleepTrek 3 at-home sleep screener, the Comet-Plus for routine and expanded PSG/EEG studies and TWin Neurotrac-III Neuromonitoring Software for computing and displaying long-term trends during continuous EEG monitoring in the intensive care unit (ICU), new born intensive care units (NICU), OR, and Seizure Monitoring units. Grass research products consist of square pulse stimulators, including the S88X dual-output with digital controls model and the SD9 student research model, as well as amplifiers, including the LP511 high performance AC model and P122 AC/DC Strain Gage model as well as the 15LT Amplifier System.
Products sold under the QuickLabel brand include short-run, digital color label printers developed for in-house label printing, labeling software, label and tag substrates, label printing inks, including thermal transfer ribbons, toners, and inkjet inks, custom label printing services, and a range of printer accessories. QuickLabel products are sold to the user manufacturers, processors, and retailers who label products on a just-in-time basis. The QuickLabel models include the Vivo!, Touch an electrophotographic label printer developed to print color variable information labels in an office or factory; the Zeo!, an entry-level inkjet label printer developed in partnership with Hewlett-Packard; and the Xe series of digital color label printers utilizing thermal transfer technology.
600 E GREENWICH AVE
WEST WARWICK RI 02893