Intest Corp (NYSE: INTT)

InTest Corporation is a global supplier of innovative test and process technology solutions for manufacturing and testing across multiple markets including semiconductor automotive electric vehicle defense aerospace industrial life sciences safety security and others. The company designs manufactures and sells products such as test handlers probing systems thermal chambers induction heating units and imaging systems. It operates worldwide with production facilities in the United States Canada Italy and limited manufacturing in Malaysia and provides support from locations in the United States Canada Italy Germany Singapore Malaysia and the United Kingdom.

InTest Corporation generates revenue by selling its test and process technology products and providing related support services to manufacturers and testing organizations. Its revenue comes from sales of electronic test equipment environmental testing systems and process technology solutions such as induction heaters and imaging devices. The company serves a diverse customer base that includes semiconductor manufacturers automotive original equipment makers defense contractors industrial firms life sciences companies and security system providers.

The company operates through the following segments: Electronic Test Environmental Technologies and Process Technologies.

• Electronic Test: This segment provides electronic test solutions including wafer probing systems test heads interface products and related services for semiconductor manufacturers and other industries.

• Environmental Technologies: This segment provides thermal solutions such as ThermoStream products thermal chambers platforms process chillers and ultra cold storage for automotive defense aerospace industrial life sciences and semiconductor markets.

• Process Technologies: This segment provides induction heating solutions and digital imaging systems for automotive defense aerospace industrial life sciences security and semiconductor applications.

InTest Corporation holds a niche position in the test and process technology market where it competes with larger automated test equipment providers and specialized component makers. Its main competitors include Advantest Corporation Esmo AG Reid Ashman Manufacturing Inc Teradyne Inc Digitaltest GmbH Seica S p A SPEA S p A Takaya Corporation NOFFZ Technologies GmbH Konrad Technologies GmbH TST Total Solutions Technology Ltd MCD Elektronik GmbH Averna Technologies Inc Intrepid Control Systems Inc GÖPEL electronic GmbH TZ Electronic Systems GmbH Solectrix GmbH Cincinnati Sub Zero Products Inc Espec Corp Thermotron Industries Environmental Stress Systems Inc Huber Kältemaschinenbau AG Julabo GmbH Boyd Corporation Advanced Thermal Sciences Corporation Panasonic Health Care Holdings Corporation Haier Group Corporation Thermo Fisher Scientific Corporation Eppendorf AG Inductotherm Corporation Park Ohio Holdings Corporation ENRX Corporation Trumpf Hüttinger GmbH Ultraflex Power Technologies and CEIA S.p. A. The company differentiates itself through long term customer relationships a reputation for high quality products and the ability to offer customized solutions across multiple industries.

InTest Corporation serves a broad range of customers including semiconductor manufacturers automotive original equipment makers defense contractors industrial firms life sciences companies and security system providers. No single customer accounted for more than ten percent of consolidated revenue in the most recent fiscal year.