Radyne's Xicom Subsidiary Receives $2 Million in Orders
15 März 2006 - 2:16PM
PR Newswire (US)
PHOENIX, March 15 /PRNewswire-FirstCall/ -- Radyne Corporation
(NASDAQ:RADN) announced that its Xicom Technology subsidiary
received new orders totaling over $2.0 million from 2 major U.S.
satellite communications integrators for military satellite
communications amplifiers. Both orders are follow-on contracts,
with one order for tri-band amplifiers and the other for Q-band
amplifiers. Q-band is a specialized military frequency that has
recently been an area of high growth. Xicom is the world's leading
producer of tri-band amplifiers, and has received numerous design
wins for the important Q-band market. The orders are expected to
ship over the next three quarters. "Xicom is continuing its
dominant position in the military satellite communications
marketplace," said Bob Fitting, Radyne's CEO. "Xicom has shipped
more tri-band amplifiers than anyone else in the industry and is
well positioned for the emerging high frequency military
communications bands. Our customers continue to vote with their
wallets for Xicom's technology." 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 Manassas, Virginia, 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
Radyne's Xicom subsidiary will receive additional orders for its
amplifiers, that its traveling wave tube amplifiers are well suited
for use in military systems, that Xicom's technology is superior
and that such technology will reliably 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, television broadcast 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, 2005 and in its' Quarterly Report of Form 10-Q for the
period ended September 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 DATASOURCE: Radyne Corporation CONTACT: Malcolm
Persen, Chief Financial Officer of Radyne Corporation,
+1-602-437-9620 Web site: http://www.radn.com/
http://www.xicomtech.com/
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