Del Global Technologies Corp. Announces Receipt of a Three-year Contract From Philips Medical Systems for a Line of Medical Imaging Systems

Business Wire, March 29, 2000

Business Editors

VALHALLA, N.Y.--(BUSINESS WIRE)--March 29, 2000

Del Global Technologies Corp. (NASDAQ:DGTC) announced that it has been awarded a three-year contract from Philips Medical Systems located in Hamburg, Germany, for a line of medical imaging systems. The Company anticipates deliveries will begin in mid-2000.

Del's Chairman, CEO & President, Leonard A. Trugman, stated: "We are delighted to have been awarded this major multi-year contract for our proprietary medical imaging systems. We look forward to expanding our existing relationship with this world class company."

Del Global Technologies Corp. is primarily engaged in the design, manufacture and marketing of medical imaging and diagnostic systems consisting of stationary and portable imaging systems, radiographic/fluoroscopic systems, mammography systems, Neo-Natal systems, dental imaging systems and proprietary precision power conversion subsystems for medical as well as critical industrial applications. These include telecommunications, airport explosives detection, electronic noise suppression subsystems, analytical instrumentation, semiconductor capital equipment and energy exploration.

This press release contains forward-looking statements. Such statements involve various risks that may cause actual results to differ materially. These risks include, but are not limited to, the ability of the Company to grow internally or by acquisition and to integrate acquired businesses, changing industry and competitive conditions, and other risks referred to in the Company's registration statements and periodic reports filed with the Securities & Exchange Commission.