Del Global Technologies Corp. (DGTC) (“Del Global” or “the Company”) today announced financial results for its fiscal year 2007 first quarter ended October 28, 2006. Consolidated net sales for the first quarter of fiscal 2007 increased 18.8% to $19.3 million from $16.2 million in the first quarter of fiscal 2006. Most of the increase was driven by higher sales at the Medical Systems Group. Fiscal 2007 first quarter sales at the Medical Systems Group rose 30.1% to $16.6 million from $12.8 million in the comparable prior year period. Higher international sales at the Medical Systems Group were achieved during the first quarter due to completing shipments as part of large tender orders for Russia and Tunisia, and continued growth of the dental products business. Sales at the Power Conversion Group (“RFI”) in the first quarter fiscal 2007 were $2.7 million, a decrease of $0.8 million, or 23.1%, from last year’s levels due primarily to a customer deciding to manufacture a product internally that was previously manufactured by RFI during the first quarter of fiscal 2007.
