• Company goes public; sells 275,000 shares over the counter at $11.50 per share.
    • Shareholders approve Universal merger with Dover Corporation of New York City, NY.
    • MEA production expands; awarded IBM contract to assembly thick film substrate for a new phase of computers.
    • First & second overseas offices open to market products to Germany and central Europe.
    • Sale of a Sequencer and a Dual Head VCD inserter to Standard Telephone and Cable Party Ltd. opens Australian market.
    • 72-station mixed DIP machine shipped to Hughes Aircraft, Fullerton, CA; establishing our long-standing relationship within the aviation market.
    • Man-U-Sert and Mod-U-Sert machines introduced at NEPCON/East trade show in Philadelphia, PA.
    • Record hiring of 433 employees brings headcount to over 800.
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