Fox Electronics sets new sales record
Nine months after releasing
the first samples
of its new line of XpressO oscillators, Fort Myers-based Fox Electronics, is seeing record sales. In July, Fox sold 43,000 of the configurable crystal oscillators in its strongest month to-date. On Aug. 7, the company sold 42,000, with about half of that number purchased by the second largest computer manufacturer in the world.
"These numbers indicate that the XpressO is gaining traction in the market and is taking off," says E.L. Fox, president of Fox Electronics. "The thousands of sample requests we have fulfilled have now gone through our customers' approval process, and their new products containing the XpressO are reaching the production stage."
The XpressO oscillators, a new family of configurable crystal oscillators, can be used for many applications, including computers, test equipment and air conditioning control panels. They cost 20 to 50 percent less than the standard fixed-frequency oscillators that they are replacing.
Oscillators are electronic timing components that generate frequency signals in devices such as computers, wireless modems, electronic printers and music synthesizers. In computers, oscillators are an important factor in determining the rate at which a computer can perform instructions or the "clock speed."
Fox Electronics currently holds a 1.3 percent share of the worldwide oscillator market and plans to increase that number to 10 percent by 2011.
Founded in 1979, Fox Electronics is America's leading supplier of standard and custom frequency control products, including the industry's broadest line of crystals, oscillators, crystal filters and more. The company global headquarters is located in Fort Myers.