ENWV Endwave Corp. (MM)

RF Designs Utilize Endwave's New Epsilon(TM) Packaging Technology SUNNYVALE, Calif., May 17 /PRNewswire-FirstCall/ -- Endwave Corporation (NASDAQ:ENWV), a leading provider of high-frequency RF modules for telecommunications networks, defense electronics and homeland security systems, today announced the commencement of initial production deliveries to L-3 SafeView for the company's new Phase II switch array designs. Last quarter, SafeView, Inc., a Santa Clara-based subsidiary of L-3 Communications, granted qualification approval for Endwave's Phase II switch arrays, and awarded Endwave with its first production order for the new RF design. L-3 SafeView will begin full system integration of the more cost-effective switch arrays into their personnel screening portals immediately. Endwave supplies the millimeter-wave hardware for SafeView's advanced portal scanner, SafeScout(TM), which is deployed at security checkpoints in the U.S., Middle East, Asia and Europe for the detection of explosives, weapons and contraband. A key enabler to the widespread adoption of SafeView's portal scanner potentially lies in the cost effectiveness of the millimeter-wave electronics. Endwave has addressed this market requirement by applying a proprietary, next-generation technology called Epsilon(TM) Packaging to the Phase II switch arrays for SafeView. Epsilon Packaging is an advanced multi-layer substrate and high-performance RF module package, all in one. It replaces costly, heavy metal housings that are the conventional method of RF module packaging with inexpensive metallized polymer substrates. In the absence of bulky machined metal components, Epsilon packaged subsystems are lightweight and highly producible. With the large number of Endwave switch arrays delivered into SafeView's portal scanner, the reduced packaging cost on each product is expected to improve the overall cost effectiveness of the system. "SafeView's qualification approval of our Epsilon-based Phase II switch arrays marked an exciting milestone for our company," said Ed Keible, Chief Executive Officer and President of Endwave Corporation. "This culminated a year-long development effort behind the commercialization of our Epsilon technology, which dramatically lowers the cost and improves the manufacturability of our products for applications like SafeView's portals." "Endwave has been a strategic partner for SafeView since the inception of our original venture-backed company," said Rick Rowe, Chief Executive Officer of SafeView. "With L-3's acquisition of SafeView last quarter, our improved global reach and distribution network will play a key role in maximizing SafeView's growth opportunities and launching the company into the next expansion phase -- and Endwave will continue to play an instrumental role in helping us achieve our cost reduction and growth targets," added Rowe. About Endwave Endwave Corporation designs, manufactures, and markets RF modules that enable the transmission, reception and processing of high-frequency signals in telecommunications networks, defense electronics and homeland security systems. Our RF modules are typically used in high-frequency applications and include integrated transceivers, amplifiers, synthesizers, oscillators, up and down converters, frequency multipliers and microwave switch arrays. Endwave has 39 issued patents covering its core technologies including semiconductor and proprietary circuit designs. Endwave Corporation is headquartered in Sunnyvale, CA, with operations in Diamond Springs, CA; Andover, MA; and Chiang Mai, Thailand. Additional information about the company can be accessed from the company's web site at http://www.endwave.com/. About L-3 SafeView, Inc. Headquartered in Santa Clara, CA, L-3 SafeView develops and manufactures non-invasive security systems and portals for military and public safety use, including airports. SafeView's patented low power active millimeter wave technology (MMW) unobtrusively detects objects of concern such as weapons, explosives, plastics, ceramics and metals by scanning the body and creating 3- D images of concealed contraband. The company's Scout Personnel Screening System has been deployed around the world and is currently used to secure soldiers and workers in Iraq's Green Zone. SafeView's patented active MMW technology was developed at the U.S. Department of Energy's Pacific Northwest National Lab, with additional research and development support provided by the TSA and the Federal Aviation Administration (FAA). About L-3 Communications Headquartered in New York City, L-3 Communications is a leading provider of Intelligence, Surveillance and Reconnaissance (ISR) systems, secure communications systems, aircraft modernization, training and government services. The company is a leading merchant supplier of a broad array of high technology products, including guidance and navigation, sensors, scanners, fuzes, data links, propulsion systems, simulators, avionics, electro optics, satellite communications, electrical power equipment, encryption, signal intelligence, antennas and microwave components. L-3 also supports a variety of Homeland Security initiatives with products and services. Its customers include the Department of Defense, Department of Homeland Security, selected U.S. Government intelligence agencies and aerospace prime contractors. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements within the meaning of the Federal securities laws and is subject to the safe harbor created thereby. Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Words such as "plans," "intends," "expects," "believes" and similar expressions are intended to identify these forward-looking statements. Information contained in forward-looking statements is based on current expectations and is subject to change. Actual results could differ materially from the forward-looking statements due to many factors, including the following: our suppliers' abilities to deliver raw materials to our specifications and on time; our successful implementation of next-generation programs, including inventory transitions; our reliance on third-party manufacturers and semiconductor foundries; component, design or manufacturing defects in our products; and our dependence on key personnel. Forward-looking statements contained in this press release should be considered in light of these factors and those factors discussed from time to time in Endwave's public reports filed with the Securities and Exchange Commission, such as those discussed under "Risk Factors" in Endwave's most recent annual report on Form 10-K. Endwave does not undertake any obligation to update such forward- looking statements. Contact: Mary McGowan Summit IR Group Inc. (408) 404-5401 DATASOURCE: Endwave Corporation CONTACT: Mary McGowan of Summit IR Group Inc., +1-408-404-5401 or , for Endwave Corporation Web site: http://www.endwave.com/

Copyright