Micronetics Receives Development Order To Support Next Generation Satellite In-Flight TV and Data Communications Platform
Posted on: Wednesday, 11 August 2004, 06:00 CDT
Micronetics, Inc. (Nasdaq:NOIZ) announced today that it has received a development order to provide next-generation integrated microwave subsystems for use in IFE (In Flight Entertainment) and data communications worldwide. This airborne microwave RF subsystem technology addresses the market for passenger communications, including the use of laptops and personal digital assistants. Opportunities such as this one represent a continuation for Micronetics of existing development and production accomplishments over the last two years for similar technologies.
In making the announcement, David Robbins, President and CEO, stated: "This order represents our ability to develop microwave subsystems by adapting existing defense airborne fire control radar technology, while utilizing the intellect and skills of several of our divisions. We are pleased to be part of this emerging marketplace."
Micronetics, operating through its Defense Electronics and Commercial Products Groups, manufactures microwave and radio frequency (RF) components and integrated subassemblies used in a variety of defense, aerospace and commercial applications. Micronetics also manufactures and designs test equipment and components that test the strength, durability and integrity of communication signals in communications equipment. Micronetics serves a diverse customer base, including Aerosat, BAE Systems, Boeing, EADS, Honeywell, ITT, L-3 Communications, Lockheed Martin, NEC, Northrop Grumman, Raytheon, Southwest Research, Teradyne, Tektronix and Thales. Micronetics also operates through its wholly owned subsidiaries, Enon Microwave, Inc., Microwave & Video Systems, Inc. and Microwave Concepts, Inc.
Some of the statements contained in this news release are forward-looking statements. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks, including but not limited to the success of the products into which the Company's products are integrated, internal projections as to the demand for certain types of equipment, competitive products and pricing, the success of new product development efforts, the timely release for production and the delivery of products under existing contracts, access to financial resources, future economic conditions generally, as well as other factors. The information in this release should be reviewed in conjunction with Micronetics' Annual Report for its fiscal year ended March 31, 2004.
Related Articles
- Sajan Sponsors Gilbane Group Case Study on Club Car's Strategy for Multilingual Product Communications
- Air Products to Release Fiscal Third Quarter Earnings / Broadcast Teleconference on July 25
- New Right Hemisphere 5 Platform Optimizes Downstream Visual Product Communication and Collaboration
- Air Products to Release Fiscal Fourth Quarter Earnings and Broadcast Teleconference on October 25
- Siemens IP Communication Solutions to Be Integrated With IBM Enterprise Collaboration Products, Extending One-Click Calling and Conferencing for Improved Workforce Agility
- Diagnostic Products Corporation Releases NT-proBNP Assay Outside the US
- Logic Product Development Releases Low-Cost Development Kit Based on the Intel(R) PXA270 Processor and Production-Ready Solutions for Reduced Time to Market
- Cedar Point Communications' SAFARI C(Cubed)(TM), Integrated Voice and Multimedia Switch, to Make European Cable Debut at IBC
- CORRECTING and REPLACING Optical Communication Products Schedules Release of First Quarter 2005 Financial Results and Conference Call
- First Virtual Communications Releases Click to Meet 4.0 With Improved Integration for Voice, Video and Data Communications
 |
 |
User Comments (0)
RSS Feeds