Radyne Ships $1.6 Million Order for China Mobile Phone Network
Posted on: Tuesday, 6 December 2005, 09:00 CST
PHOENIX, Dec. 6 /PRNewswire-FirstCall/ -- Radyne Corporation announced today that it completed shipment of a previously undisclosed order of over $1.6 million to ChinaSat Communications Group. The order consisted of Radyne's DMD-20 satellite modems that will be used to provide backhaul for GSM mobile phone service. The DMD-20, the world's most flexible modem, features ease of installation that is ideally suited for use in mobile phone networks. This follow-on order comes on the heels of similar orders for mobile phone applications in India and Pakistan.
"This customer chose Radyne as their preferred supplier after consideration of competitive offerings," said Bob Fitting, Radyne's CEO. "The DMD-20 Universal satellite modem provides more features than any other satellite modem in the industry. For example, it has capability to handle both 70 Mhz and L-Band enabling this single product to be used at the GSM hubs and BTS sites resulting in lower sparing and training expense, and is interoperative with most competitor's equipment."
About Radyne Corporation
Radyne Corporation designs, manufactures, sells, integrates and installs products, systems and software used for the transmission and reception of data and video over satellite, microwave and cable communication networks. The Company, through its Tiernan subsidiary, is a supplier of HDTV and SDTV encoding and transmission equipment. The Xicom Technology subsidiary is a producer of high power amplifiers for communications applications. Radyne is headquartered in Phoenix, Arizona, has manufacturing facilities in Phoenix, Arizona and San Diego, and Santa Clara, California and sales offices in Singapore, Beijing, Jakarta and the United Kingdom. The Company also has sales and/or service centers in Sao Paulo, Bangalore, Shanghai and Moscow. For more information, visit our web site at http://www.radn.com/. Additional information on Xicom is available at http://www.xicomtech.com/.
Safe Harbor Paragraph for Forward-Looking Statements
This press release includes statements that may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act") and Radyne claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms "may,""believes,""projects,""expects," or "anticipates," and do not reflect historical facts. Forward-looking statements involve risks, uncertainties and other factors that may cause actual results, performance or achievements of Radyne Corporation and its subsidiaries to be materially different from those expressed or implied by such forward-looking statements. Factors that could affect Radyne Corporation's results and cause them to materially differ from those contained in the forward-looking statements contained herein include, without limitation our belief that we will receive additional orders for the DMD-20, that the DMD-20 is uniquely suited for GSM phone networks, or that DMD-20 satellite modems will meet customer needs and increase Radyne sales and profitability.
Other factors that may affect forward-looking statements and the Company's business generally include but are not limited to:
* Prospects of the international markets and global economy given that Radyne Corporation depends heavily on international sales. * A downturn in the evolving telecommunications and Internet industries. * Risk factors and cautionary statements made in Radyne Corporation's Annual Report on Form 10-K for the period ended December 31, 2004 and in its' Quarterly Report of Form 10-Q for the period ended June 30, 2005. * The effect that acts of international terrorism may have on Radyne Corporation's ability to ship products abroad. * Other factors that Radyne Corporation is currently unable to identify or quantify, but may exist in the future.
Forward-looking statements speak only as of the date the statement was made. Radyne Corporation does not undertake and specifically declines any obligation to update any forward-looking statements.
Contact: Malcolm Persen, Chief Financial Officer, 602.437.9620
Radyne Corporation
CONTACT: Malcolm Persen, Chief Financial Officer, Radyne Corporation,+1-602-437-9620
Web site: http://www.xicomtech.com/
Web site: http://www.radn.com/
Source: PRNewswire-FirstCall
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