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DSP Technology Inc. Receives $1.6 Million Contract

6 August 1998

DSP Technology Inc. Receives $1.6 Million Contract for Six RedLine Systems and Accessories

    FREMONT, Calif.--August 6, 1998--DSP Technology Inc. Thursday announced receipt of a contract valued at approximately $1.6 million for RedLine ADAPT dynamometer control systems and dynamometer cell accessories from the world's leading manufacturer of mid-range diesel engines.
    "This new contract is for six RedLine ADAPT systems and dynamometer cell accessories, commissioning and specific custom installation services for this Illinois-based diesel manufacturer," said F. Gil Troutman, president of DSP Technology.
    Troutman added that initial shipments would commence this year with completion scheduled for summer 1999. He noted that recent RedLine product improvements addressing diesel-specific technology have enabled the company to bid on and win an increasing percentage of contracts for diesel engine testing and development.
    DSP Technology's RedLine ADAPT dynamometer cell data acquisition equipment and accessories are used for engine, transmission and powertrain testing, research and development.
    DSP Technology is a world leader in the design and manufacture of high-speed, computer automated, measurement and control instrumentation and systems.

    This news release contains forward-looking statements concerning expected future sales and earnings for DSPT. All forward-looking statements are subject to risk and actual results could differ materially from those projected in the forward-looking statements as a result of many factors.
    These factors include the mix of products sold, competition, timing of receipt of major system orders, ability to successfully manage system integration projects, availability of components, recruitment and retention of key technical personnel and economic conditions.
    Further information concerning factors which may affect DSPT's performance is provided in DSPT's reports filed with the Securities and Exchange Commission.