Endwave to Design Microwave Radio Transceivers for a New Software Defined Platform
January 25 2007 - 4:05PM
PR Newswire (US)
Endwave Wins New Development Contract from a Major Wireless Telecom
OEM SAN JOSE, Calif., Jan. 25 /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 receipt of a new
development contract from a major wireless telecommunications OEM.
Terms were not disclosed. Endwave will design advanced
transmit-receive modules covering various licensed frequency bands
for communication links operating at data rates from 6 Mb/second to
600 Mb/second. Endwave's RF subsystems will provide key enabling
technology for an advanced radio architecture allowing operators to
provide scalable transmission capacity based on a common software
upgradeable platform that spans PDH, SDH, and IP-based radio
applications. With ever- increasing voice and data capacity needed
for next-generation mobile networks, this is driving an expansion
in the mobile core network relying on point-to- point communication
links that provide a scalable transmission capacity for operators
-- thereby reducing the life-cycle costs of their equipment. "With
backhaul data rates essentially doubling every year, the demand for
higher data-rate microwave radios at key aggregate points are on
the rise," said Ed Keible, Endwave's Chief Executive Officer and
President. "Endwave's broad product portfolio and high-volume
manufacturing expertise make us the ideal subsystem partner for
OEMs looking to roll out these advanced software upgradeable
microwave radio platforms." 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. These RF modules include high-frequency
integrated transceivers, amplifiers, synthesizers, oscillators, up
and down converters, frequency multipliers and microwave switch
arrays. Endwave has 42 issued patents covering its core
technologies including semiconductor and proprietary circuit
designs. Endwave Corporation is headquartered in San Jose, 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/ . "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 ability to
achieve and maintain profitability; our customer and market
concentration; our suppliers' abilities to deliver raw materials to
our specifications and on time; our successful implementation of
next- generation programs, including inventory transitions; our
ability to penetrate new markets; fluctuations in our operating
results from quarter to quarter; our reliance on third-party
manufacturers and semiconductor foundries; acquiring businesses and
integrating them with our own; component, design or manufacturing
defects in our products; and our dependence on key personnel; and
fluctuations in the price of our common stock. 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 and subsequent
quarterly reports on Form 10-Q. Endwave does not undertake any
obligation to update such forward-looking statements. Contact: Mary
McGowan of Summit IR Group, Inc., +1-408-404-5401, or . DATASOURCE:
Endwave Corporation CONTACT: Mary McGowan of Summit IR Group, Inc.,
+1-408-404-5401, or Web site: http://www.endwave.com/
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