Mr. Skolnik: Blonder Tongue Laboratories is a designer, manufacturer and a supplier of a comprehensive line of electronics and systems equipment for the cable television industry, which includes both franchise and non-franchise or private cable. The company was founded in 1950 by Ben Tongue and Isaac Blonder to design, manufacture and supply a line of electronics and systems equipment, principally for the private cable industry. The actual Blonder Tongue Laboratories, Inc., as the company exists today, was incorporated in 1988 to acquire the company at that time. We went public in December 1995.
TWST: Have your retained the same focus all the way through, the
design, manufacture, and supply to the industry?
Mr. Skolnik: That is correct. That's exactly what we do and
that's what we are known for.
TWST: Can you describe the competitive environment for us and how
Blonder Tongue is positioned within this space?
Mr. Skolnik: It depends on which markets we are specifically
referring. When you are dealing with private cable, our
competitors are privately held companies. So it's very difficult
to get a lot of financial analysis about them. In the franchise
cable market, our competitors are much larger Fortune 500
companies, but we don't really deem them to be competitors. The
challenge is finding companies willing to spend money on our
products.
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