Frequency Electronics Celebrates 50th Year by Growing Business and Workforce

With growing revenues and an increased workforce, Frequency Electronics, Inc. a Uniondale, Long Island-based manufacturer of atomic and other precision time and frequency products for ground, seaborne, airborne, and space terminals and platforms, is celebrating its 50th year in business today.

In the mid-1990s the company transformed itself from a defense contract manufacturer into a high-tech provider of products used to synchronize voice, data and video transmissions in wireless communications systems. The company also continues to support the United States government with products for defense or space applications, and its technology enables existing systems to achieve improved performance in a cost-effective manner.

“Systems used for ship navigation, landing aircraft, guiding cars by GPS to street addresses, protecting military vehicles from land mines, drilling for oil, connecting communications networks and maintaining security when needed is enhanced by improved precision timing and low phase noise technology, minimizing the need to develop entirely new systems,” said Martin Bloch, founder and CEO of Frequency. “Our technology and expertise enables our customers to do more with less which is extremely important in these times of increasing budgetary restrictions.”

While recent economic conditions have caused other manufacturers to reduce their workforce or experience declining revenues, Frequency Electronics is in growth mode. “We have increased our workforce approximately 18% just this past year to nearly 200 here on Long Island,” said Bloch. “We are actively looking to hire more microwave electronic engineers, designers, skilled assemblers and test technicians as we expand further into satellite payload systems.”

Trading on NASDAQ under the ticker symbol FEIM, the company reported revenues for the first quarter of fiscal 2012, which ended July 31, 2011, of $15.9 million, a 31% increase over the $12.1 million recorded in the same quarter of fiscal 2011. Net income for the first quarter of fiscal 2012 was $1.3 million or $0.16 per diluted share compared to $507,000 or $0.06 per diluted share for the first quarter of the prior year.

Nastel Features New Partnerships, Client Wins At Gartner Symposium

Melville, Long Island-based Nastel Technologies used Gartner Symposium/ITxpo, a conference for CIOs and senior IT executives being held in Orlando this week, to feature recently announced partnerships and customer wins for its application performance monitoring and business transaction performance solutions.

The first deal involves a joint marketing partnership between Nastel and Coradiant, Inc., a provider of solutions used to manage, optimize and troubleshoot web applications.  According to a press release issued this week, the integration between Nastel AutoPilot® and Coradiant TrueSight® “will result in end user performance visibility, seamlessly integrated with AutoPilot’s deep-dive application and business transaction performance analysis.  This will provide Nastel and Coradiant customers with the visibility, predictive problem analysis and high transaction performance they require from their complex, multi-tier applications.”

Nastel also recently announced a technology partnership agreement with Kratos Networks, a provider of network monitoring and management solutions.  By integrating Nastel’s AutoPilot® M6 technology with Kratos’ NeuralStar® and dopplerVUE® network event management products, the two companies aim to provide IT managers with a real-time, end-to-end view of the performance and availability of all network, application, server, services and business transactions in dynamic, customizable dashboards.  According to a press release issued last week, IT managers can use the combined solutions to:

  • troubleshoot and isolate the root cause of problems between the network, applications and servers;
  • predict potential IT failures and latency problems and take proactive action to avoid them;
  • filter alerts and warnings across network and application domains; and
  • automatically resolve many IT issues without human involvement.

Finally, Nastel announced that its AutoPilot® software solution has been selected by SKY® Mexico (Innova) to monitor its Direct-to-Home (DTH) satellite television service.  According to a recently published case study, SKY needed an effective business transaction management system enabling end-to-end visibility of their infrastructure and business applications including: enterprise resource planning (ERP), customer relationship management (CRM), billing, interactive voice response (IVR), provisioning and service level agreement (SLA) compliance.  At a Gartner Symposium breakout session today (Tuesday, Oct. 19) at 2:30 p.m., attendees can learn how Sky utilized Nastel AutoPilot for application performance monitoring and business transaction performance to improve the quality of service offered to its customers.

Maximum Teams with Top Accounting Firm to Educate Distributors on Federal Tax Changes

As a systems integration provider focused on developing business software solutions for the wholesale distribution industry, Maximum Computer Systems is making a smart move by teaming with accounting firm Margolin, Winer and Evens LLP (MWE) to help distributors better understand the impact recent changes to the Federal tax code will have on their businesses.

The two Long Island-based companies will co-host a lunch-and-learn on Wednesday, July 21, from 12 p.m. to  2 p.m. at Ruth’s Chris Steak House in Garden City.  In light of recent tax legislation, planning is necessary to reduce federal income tax for distributors.  Tax rates will be increasing starting in January 2011, therefore now is the time to take advantage of some key tax saving opportunities.

As one of the largest accounting and business advisory firms in the Northeast, MWE is well-qualified to offer advice in this area.  And according to recent tweets by @MaximumComputer, Section 179 will also be discussed at this event.  As part of the “Hiring Incentives to Restore Employment Act” of 2010 that extended the enhanced Section 179 deductions of 2008/2009 into 2010, businesses can now write-off up to $250,000 of qualified equipment and software during the 2010 tax year.

Seating is limited, so anyone who is interested in attending this event is asked to register as soon as possible.

Comax Flavors Likes Taste of VAI’s Manufacturing ERP Solution

VAI (Vormittag Associates, Inc.) of Ronkonkoma, Long Island, NY, announced earlier this week that Comax Flavors has selected its manufacturing ERP solution to streamline management operations, enhance productivity time and automate processes.

Melville, NY-based Comax develops flavor technology for the food and beverage industry.  The manufacturer chose VAI’s S2K Enterprise for Manufacturing because of its ability to provide a fully integrated manufacturing solution that could interface with Comax’s existing back-end software packages.  S2K will allow Comax to automate and track the usage of material and labor, improving production time and reducing errors. The S2K solution also enables streamlined customer and supplier collaboration to execute business processes quickly across critical applications.

“We selected S2K Enterprise for Manufacturing after our managed service provider, Network Solutions and Technology (NST), suggested we take a look at VAI,” said Laura Ferrante, Director of Administration, Comax Flavors.  “As a Long Island-based company, Comax was impressed with VAI’s solution offerings, professionalism and industry knowledge.  Additionally, the fact that VAI was local made the choice an easy one.”

UPDATE (June 29, 2010): Following joint client wins with not only Comax Flavors but also Capital Contractors, Inc., VAI announced today a strategic partnership with East Northport, NY-based Network Solutions and Technology (NST) to offer VAI’s S2K Enterprise Software Suite to its client base.  NST is an information technology (IT) services company that focuses on providing technology solutions for small to midsize organizations. The firm specializes in network design and infrastructure, managed services, email solutions, unified communications, website design and marketing, and storage.

“VAI’s S2K product line, industry knowledge and technical expertise were paramount in our decision to work with the firm,” said Matt Brown, Vice President, NST. “The company’s solutions give NST customers access to a comprehensive software suite for the IBM Power™ Systems platform. For this reason, we were excited to work with VAI in the signing of two new clients—Comax Flavors and Capital Contractors, Inc.”

It’s nice to see two Long Island-based technology solutions providers working together.

Nastel Launches Virtual Appliance Version of AutoPilot M6 Suite of Application Performance Management Solutions

Melville, Long Island-based Nastel Technologies announced in a press release today the availability of a virtual appliance version of its AutoPilot® M6 suite of application performance management and business transaction performance solutions.

According to the company, its AutoPilot M6, TransactionWorks™, AutoPilot for Middleware and prebuilt APM governance policies now will be available preinstalled in a virtual software appliance, promoting rapid deployment, quick provisioning and high-availability for mission critical environments.

AutoPilot M6 gives IT professionals, enterprise architects and application owners what Nastel calls “360° situational awareness” of the entire IT environment, including both transactional and operational data in a unified business context.  The solution, with its built-in complex event processing engine, enables management teams to identify and fix problems—even predict and prevent them—before they compromise SLA or other compliance standards.

The AutoPilot M6 virtual appliance includes application, transaction and middleware performance management in a single VMware image running a Linux Guest OS.  Nastel claims that deployment can be done in seconds, cutting both time and costs associated with implementation.  Standard server management policies for virtualization can also be applied.

With the new virtual appliance, replacement and maintenance on hardware platforms running AutoPilot can be performed without service interruption, according to Nastel. The AutoPilot M6 virtual appliance along with its built-in grid support also enables easy failover for 24x7x365 mission critical environments and on-demand capacity as load increases.

VAI Debuts S2K Software-as-a-Service Offering

Looking to capitalize on the growing trend of corporate clients to deploy software that is remotely hosted and available to users “on demand,” Long Island’s VAI (Vormittag Associates, Inc.) announced in a press release that it will offer a subscription-based software-as-a-service option for its S2K Enterprise Software Suite.

This new SaaS option – featuring multi-tiered support in mindSHIFT Technologies, Inc.’s 24x7x365 data center — is available for the S2K Distribution, S2K Manufacturing, S2K Warehouse Management, S2K Food, S2K Retail, and S2K Service and Repair enterprise resource planning (ERP) software solutions.

VAI will continue to offer its on-premise solutions — the traditional software-licensing model deployed at customer sites — but the company has expanded its offerings to include SaaS, giving clients full access to enterprise-strength software and services for a little as $150 per user, per month.

The S2K SaaS option offers the following features and benefits:

  • Premier Network Operations Team: companies gain access to IT resources and have the ability to support numerous locations with the ease of a single ERP source. Additionally, mindSHIFT’s Network Operations Center (NOC) team provides security and customer care with its SAS 70 Type II certified data center and IT management services.
  • Reliable Security and Infrastructure Tools: users receive multi-tiered firewall, filtering and data protection services that keep critical company information safe and secure. VAI provides a strong defense against data loss, malfunction and hackers via relationships with first-tier security vendors such as Trend Micro®, Check Point®, Nortel®, and NetScreen®.
  • Round-the-Clock Customer Care: Users receive highly trained, certified enterprise-strength technical support.  With mindSHIFT’s multi-tiered support structure, complex issues requiring specific skills are quickly routed to the right experts for resolution.

Five Long Island-Based IBM Business Partners Make 2010 VAR500 List

Five Long Island-based IBM Business Partners have been named to the 2010 VAR500 list, published by Everything Channel to rank the largest IT solution providers in North America based on revenue.

The Ergonomic Group, based in Westbury, led the Long Island contingent with $220 million in 2009 gross revenue, earning itself the number 174 spot on the list.  Fast growing Bluewater Communications Group of Hauppauge, jumped up 78 spots from the prior year’s list to end up number 268 this year, earning $92.6 million in 2009 gross revenue.

Farmingdale-based Vicom Computer Services put in another strong performance in 2009, earning $69.1 million in gross revenue to end up in the 311th position on the list.  Another IBM Premier Business Partner, Future Tech Enterprise of Holbrook, holds the 352nd spot with $53.2 million in 2009 gross revenue.  Following closely behind at 358 is Hauppauge-based Custom Computer Specialists with $51.6 million in 2009 gross revenue.

“The VAR500 is the who’s who of the solution provider community,” Kelley Damore, Vice President, Editorial Director, Everything Channel, said in a press release.  “They helped solve customers’ biggest IT business problems through product integration, training, consulting and services. In companies large and small, the VAR500 are considered integration experts, trusted business advisers and invaluable partners.”

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