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  September 5, 2001
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Home > Company Index > Electronics & Misc. Technology > Computer Boards, Cards & Connector Products > Innovex, Inc.

Innovex, Inc.
Nasdaq: INVX
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 PROFILE
Innovex is flexing its interconnections. The company manufactures flexible circuits, primarily for the computer disk drive and semiconductor markets. Innovex also produces lead wire assemblies for the read/write heads in disk drives. The company's products are also geared for the communication, consumer, and medical industries. Innovex's customers include disk drive makers Read-Rite, Seagate, and Quantum, as well as IBM, Iomega, Philips, and Xerox. Three-quarters of the company's sales come from outside the US, primarily to manufacturers in Asia. Innovex is using acquisitions to strengthen its focus on flexible circuits, which account for the majority of sales.

 COMPETITION
Parlex Corporation (PRLX)
Pemstar Inc. (PMTR)
Sheldahl, Inc. (SHEL)

 DEALS
Deal: Citrix Buys Innovex
Date Announced: 02.16.00
Value of transaction (US $Mil): 0
Description: Application server software developer acquires Web consulting firm.

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 164.50
1-Yr. Sales Growth: 59.4%
Employees: 5,251
Revenue per employee: $31,327.37

 KEY PEOPLE
• William P. Murnane
    CEO
• Thomas Paulson
    CFO

 CONTACT INFO
5540 Pioneer Creek Dr.
Maple Plain, MN 55359
US
Phone: 763-479-5300
Fax: 763-479-5395
Online: Web Site

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