CHESTNUT RIDGE, N.Y., July 6, 2011 /PRNewswire/ -- LeCroy Corporation (NASDAQ: LCRY), a leading supplier of oscilloscopes, protocol analyzers and serial data test solutions, recently launched two new products targeted to high-speed signal integrity design engineers. LeCroy's new products include a 36 GHz acquisition module for the innovative LabMaster 9 Zi-A Modular Oscilloscope System, as well as the Signal Integrity Studio (SI Studio), an add-on to the LeCroy SPARQ application software. SI Studio is targeted to signal integrity engineers who want the ability to measure, model and simulate systems that are described by S-parameters. "LeCroy's product roadmap is aligned with the analysis and measurement requirements of designers of high-speed multi-lane data communications systems," said LeCroy President and Chief Executive Officer Tom Reslewic. "Our product development teams consistently break through measurement barriers to achieve unprecedented performance with traditional instruments, as well as provide innovative new instruments and applications to address emerging signal integrity challenges." The LabMaster 9 Zi-A Modular Oscilloscope System now provides 36 GHz bandwidth capability up to 10 channels. This keeps LeCroy at the forefront of customer needs by providing the most four-channel bandwidth on an oscilloscope in this class. The new SI Studio permits signal integrity engineers to quickly perform the increasingly critical task of analyzing the effects that a channel or fixture can have on the eye diagram and jitter of a serial data signal. About LeCroy Corporation LeCroy Corporation is a worldwide leader in serial data test solutions, creating advanced instruments that drive product innovation by quickly measuring, analyzing and verifying complex electronic signals. The Company offers high-performance oscilloscopes, serial data analyzers and global communications protocol test solutions used by design engineers in the computer, semiconductor and consumer electronics, data storage, automotive and industrial, and military and aerospace markets. LeCroy's 45-year heritage of technical innovation is the foundation for its recognized leadership in "WaveShape Analysis" - capturing, viewing and measuring the high-speed signals that drive today's information and communications technologies. LeCroy is headquartered in Chestnut Ridge, New York. Company information is available at www.lecroy.com. Safe Harbor This release contains forward-looking statements, including those pertaining to the performance of LeCroy's new products. There can be no assurance that actual results will not materially differ from expectations. Actual performance and results of operations may differ materially from those projected or suggested in the forward-looking statements due to certain risks and uncertainties including, without limitation, volume and timing of orders received, changes in the mix of products sold, competitive pricing pressure, the Company's ability to anticipate changes in the market, the availability and timing of funding for the Company's current products, the development of future products and the Company's ability to use intellectual property and protect its patent portfolio. LeCroy undertakes no obligation to publicly update forward-looking statements, whether because of new information, future events or otherwise. Further information on potential factors that could affect LeCroy Corporation's business is described in the Company's reports on file with the SEC.
Shares of LeCroy Corporation (Nasdaq:LCRY) have taken a tremendous swing upward. The stock is trading at $14.15 as of 9:30 a.m. ET, 54.8% above Friday's closing price of $9.14. Volume is at 4.3 million, 68.5 times the daily average of 63,100.
Shares of LeCroy Corporation (Nasdaq:LCRY) have taken a tremendous swing upward. The stock is trading at $10.57 as of 2:09 p.m. ET, 20.5% above Tuesday's closing price of $8.77. Volume is at 262,746, 2.5 times the daily average of 105,500.
LeCroy Corporation (Nasdaq:LCRY) hit a new 52-week high Monday as it changed hands at $15.64 compared with its previous 52-week high of $15.50. LeCroy is currently trading at $15.62 with 10,991 shares changing hands as of 9:30 a.m..