Attention Business Editors:

Fidus wins major electronic design partnership with Telephonics

    OTTAWA, Nov. 27 /CNW Telbec/ - Fidus Systems has landed an 18-month
contract with New York's Telephonics Corporation. Fidus is designing an
automatic identification system (AIS) transceiver. When integrated into
airborne radar systems, the device will identify and track maritime vessel
traffic outfitted with an AIS transponder. The product will also have
applications for ship-borne and shore-based AIS systems.
    "Our partnership with Fidus enables Telephonics to invest in new
technology markets and provide enhanced solutions to our customers," says
Kevin McSweeney, President of Telephonics Radar Systems Division. "We selected
Fidus based on their talented workforce and commitment to meet project
measurements."
    The initial project represents a significant win for Fidus. The two
companies anticipate a long-term partnership, and are discussing follow-on
projects.
    "It's a new sector of the defence market for us to play in," says Fidus
President, Michael Wakim. "Our designers love this project, because of its
leading-edge technology, and wide-spread applications."

    About Telephonics

    Telephonics Corporation is a worldwide leader in Integrated Information
and Communication Systems technology. The company serves Aerospace, Defence,
and Commercial markets throughout the globe. Telephonics' electronic systems,
on-board air-, sea-, or ground-based equipment, ensure the safety and security
of thousands of military and civilians worldwide. Telephonics is the high-tech
electronics arm of The Griffon Corporation (NYSE-GFF), a multi-faceted
corporation, with sales exceeding one billion dollars. www.telephonics.com

    About Fidus

    Fidus Systems supplies advanced-technology, electronic designs for
industrial control systems, transportation, consumer products,
telecommunications equipment, aerospace, defence and biomedical
instrumentation - and more. Fidus provides complete, turnkey product
development, or targeted design of architecture, hardware, FPGA, RF,
software/firmware, printed circuit board layout and high-speed signal
integrity analysis. Its customers include start-ups, SMEs and multinationals
in San Jose, Boston, New York, Ottawa, Montreal, Toronto, Winnipeg and
Vancouver. www.fidus.com

For further information: Michael Wakim, President, (613) 828-0063 x369,
Cell (613) 762-8904, Michael.Wakim@fidus.com; Peter Connolly, VP Business
Development, (613) 828-0063 x 372, Peter.Connolly@fidus.com; Denise Allen,
Director of Communications, (613) 828-0063 x 312, Cell: (613) 355-7035,
Denise.Allen@fidus.com; Fidus Systems Inc., (613) 828-0063; Fax: (613)
828-3113