Endwave Awarded Production Contract From Brijot Imaging Systems, Inc.
April 15 2008 - 10:00AM
PR Newswire (US)
Company to Deliver Millimeter-wave Radiometers for Brijot's Object
Detection and People Screening System SAN JOSE, Calif., April 15
/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 production
contract from Brijot Imaging Systems, Inc. Brijot, an industry
leader in passive millimeter-wave imaging, has selected Endwave as
the sole-source supplier of radiometer assemblies for use in its
GEN 2 full body imaging system that employs passive millimeter-wave
technology for concealed object detection and people screening.
Under the terms of the contract, Endwave will produce complete
radiometer assemblies operating over a millimeter-wave spectrum
known as "W-Band", which ranges from 75-100 GHz. Initial deliveries
are projected to commence in the second quarter of 2008, while
additional orders are expected to be released upon Brijot's
acceptance of the first production units. The Brijot(R) GEN 2 full
body imaging system features include full-motion, real-time passive
millimeter wave imaging capabilities that allow for the detection
of concealed threats and enable virtual pat-down screening of
individuals. The system detects suspicious hidden items, including
explosives (solids, liquids and gels), weapons, contraband, and
stolen merchandise. The system's passive radiometric scanner can
detect concealed objects by distinguishing between the passive
millimeter wave energy naturally emitted by the human body and the
energy of the concealed objects even when they're hidden beneath
clothing. Deployed in a stand-off application, it is a safe and
discrete screening solution for all. "We are proud to award this
contract to Endwave for the production of these advanced
millimeter-wave subsystems," said Brijot President and Chief
Executive Officer, Mitchel J. Laskey. "Endwave's reputation as a
leader in the millimeter-wave security market makes them an obvious
choice for the manufacturing of these critical sensor subsystems.
With their historical and distinguished strength in high-volume,
automated manufacturing of high-frequency systems, we see Endwave
as a key partner as we expand production of our passive
millimeter-wave full body imaging systems." "This production
contract underscores the success Endwave is having in applying our
innovative millimeter-wave technology and manufacturing capability
in markets outside of telecommunications," said Ed Keible,
Endwave's President and Chief Executive Officer. "Brijot is an
important new customer for Endwave in the emerging high-growth
homeland security market. We believe that the Brijot relationship
has the potential to produce substantial annual revenue for us over
the next several years." 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; El Dorado Hills, 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 Brijot Imaging Systems Brijot
Imaging Systems, Inc., with corporate and training offices in Lake
Mary, Fla., manufactures and sells an advanced passive
millimeter-wave concealed object detection and people screening
system. Brijot's unsurpassed technology focuses on meeting security
challenges in high-threat environments for customers across the
globe. For more information, visit http://www.brijot.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,
including statements concerning anticipated deliveries and product
performance. Words such as "plan," "intend," "expect," "believe,"
"anticipate" 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 successful implementation of next-generation
programs, including inventory transitions; our suppliers' abilities
to deliver raw materials to our specifications and on time; our
ability to penetrate new markets; our reliance on third-party
manufacturers and semiconductor foundries; volatility resulting
from consolidation of key customers; our ability to achieve revenue
growth and maintain profitability; our customer and market
concentration; fluctuations in our operating results from quarter
to quarter; acquiring businesses and integrating them with our own;
component, design or manufacturing defects in our products; 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 subsequently-filed reports on Form 10-Q.
Endwave does not undertake any obligation to update such
forward-looking statements. Contact: Mary McGowan Summit IR Group
Inc. Phone: 408-404-5401 DATASOURCE: Endwave Corporation CONTACT:
Mary McGowan of Summit IR Group Inc., +1-408-404-5401, , for
Endwave Corporation Web site: http://www.endwave.com/
http://www.brijot.com/
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