Matec - MXC- Profile

MATEC Corporation. The Company operates through its subsidiary Valpey-Fisher Corporation. Valpey designs, produces, imports and sells quartz crystals and oscillators and frequency control and ultrasonic transducer devices. These frequency control products are used by the telecommunications, computer and computer peripheral equipment, scientific, instrumentation, industrial and aerospace markets. The ultrasonic transducer devices are sold to the NDT(nondestructive testing), industrial, research and medical markets. Applications include flaw detection, precision thickness gauging, corrosion inspection, weld inspection and various research applications. The company imports sub-assemblies and completed products from various Far East suppliers for use in its domestically manufactured product and for resale to its customers. Exports accounted for 23% of 2000 revenues.