HI-SHEAR EARNS ISO 9001 REGISTRATION

For immediate release

February 21, 2001

 

Hi-Shear Technology Corporation, Torrance, CA, (AMEX:HSR), today announced that it has achieved ISO 9001 registration from Underwriters Laboratories Inc. (UL).

 

The ISO 9001 series Standards are internationally recognized quality management system requirements developed by the International Organization for Standardization (ISO).  ISO 9001, the most comprehensive Standard in the ISO 9000 series, focuses on the highest quality achievement in design, development, production, installation, testing and servicing of Hi-Shear’s products.

 

“We at Hi-Shear are very pleased to have earned the coveted ISO 9001quality standard designation.  Achieving ISO 9001 underlines our commitment to the highest level of performance and reliability,” stated Mr. George Trahan, President and CEO.

 

Hi-Shear Technology Corporation provides aerospace products in applications where safety, performance and high reliability are essential.  It develops and produces advanced systems and products that are primarily used worldwide in space satellites, launch vehicles, and government programs.  The Company is also continuing to adapt its technology to produce advanced, competitively priced products for both aerospace/defense and commercial markets.

 

This release, as it relates to product announcements and other Company matters, contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, risks related to market acceptance of and demand for the Company’s new commercial products, dependence on the uncertainty of government budgetary issues, primary government contracts, and intellectual property rights.

 

Please contact Ms. Linda A. Nespole (310) 784-7821 for information about the Company or visit the Hi-Shear website at www.hstc.com.