National Instruments (Nasdaq: NATI) will host its annual investor
conference today in Austin, Texas. The investor conference is held in
conjunction with NIWeek, the company’s annual user conference which
celebrates its 25th anniversary as an industry leading event. Attendees
will hear direct from key customers on the keynote stage and see NI
products in action on the exhibition floor as well as learn how to solve
challenges faced in bringing new technologies to market at an
ever-increasing pace.
The day will kick-off with a keynote address from Alex Davern, NI CEO,
and Eric Starkloff, NI President and COO, titled “Full Force Ahead.”
Attendees will hear directly from leading semiconductor, automotive and
aerospace companies about the positive business impact they are
experiencing with the adoption of the NI platform. NI also plans to
launch new products for 5G testing, electric vehicle validation, and
software for managing highly distributed test systems while
demonstrating how they are using artificial intelligence and data
analytics to more effectively monitor critical industrial assets.
The investor conference will focus on the power of our strategy for
growth and power of the NI software-centric platform. The company’s
general managers will share latest insights on market trends and growth
opportunities within our key focus areas of semiconductor,
transportation, and aerospace, defense, and government. A moderated
panel of company representatives from ADI, Spirent, and Bosch is an
opportunity to hear directly from our customers about challenges in 5G
and Advanced driver-assistance systems (ADAS). Karen Rapp, NI CFO, will
conclude the day by discussing NI’s long-term business model.
“This year marks the 25th anniversary of NIWeek, a leading
industry event offering attendees the opportunity to see firsthand how
the NI platform enables some of the most impactful engineering
applications and scientific advances. I look forward to unveiling the
latest new products to further differentiate our platform in the
market,” said Alex Davern, NI CEO. “We believe that our company’s long
track record of innovation and impact to our customer success is a
testament to our strong brand and the value we offer our customers. At
our investor conference, leadership will discuss our strategy to
accelerate growth and our commitment to operating leverage in 2019 and
beyond.”
The investor conference webcast will start at 10:00 a.m. CT and conclude
at approximately 1:30 p.m. CT. The link to the presentation materials
and webcast will be available in the “Investors” section of the
company’s website, ni.com/nati, under the subheading “Events &
Presentations.”
Forward-Looking Statements
This release contains “forward-looking statements” including statements
regarding our plans to launch new products, the power of our strategy
for growth and power of the NI software-centric platform, our belief
that our company’s long track record of innovation and impact to our
customer success is a testament to our strong brand and the value we
offer our customers, the latest new products to further differentiate
our platform in the market, and our strategy to accelerate growth and
our commitment to operating leverage in 2019 and beyond. These
statements are subject to a number of risks and uncertainties, including
the risk of adverse changes or fluctuations in the global economy, the
impact of tariffs and other trade restrictions, foreign exchange
fluctuations, fluctuations in the demand for NI products including
orders from NI’s large customers, component shortages, delays in the
release of new products, the company’s ability to effectively manage its
operating expenses, manufacturing inefficiencies and the level of
capacity utilization, the impact of any recent or future acquisitions by
NI, expense overruns, adverse effects of price changes or effective tax
rates. Actual results may differ materially from the expected results.
The company directs readers to its Form 10-K for the year ended Dec. 31,
2018, its Form 10-Q for the quarter ended March 31, 2019, and the other
documents it files with the SEC for other risks associated with the
company’s future performance.
About NI
NI (ni.com) develops high-performance automated test and automated
measurement systems to help you solve your engineering challenges now
and into the future. Our open, software-defined platform uses modular
hardware and an expansive ecosystem to help you turn powerful
possibilities into real solutions.
National Instruments, NI, ni.com and NIWeek are trademarks of
National Instruments. Other product and company names listed are
trademarks or trade names of their respective companies.
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