ENWV Endwave Corp. (MM)

Endwave Executes Production Agreement for the Supply of Transceiver and LO Modules for Nera's Microwave Radios SUNNYVALE, Calif., Oct. 5 /PRNewswire-FirstCall/ -- Endwave Corporation (NASDAQ:ENWV), a leading provider of radio frequency (RF) subsystems for carrier-class cellular infrastructure, broadband wireless networks, homeland security and defense systems, today announced the receipt of initial orders to become Nera's outsourcing partner for PDH and SDH transceiver and synthesizer products. Under the agreement, Endwave will commence production of sophisticated microwave modules used to provide critical up/down-conversion and source-generating functions within Nera's microwave radios. Under terms of the agreement, Endwave will serve as Nera's outsourcing partner for 4-23 GHz modules. "We are pleased that Nera has chosen Endwave as their outsourcing partner for the production of critical components across these PDH and SDH radio families," said Ed Keible, CEO and President of Endwave. "The continuing trend among OEMs is to outsource their RF subsystems as a part of their competitive strategies. This contract with Nera is another example of Endwave's ability to leverage our existing high-volume offshore manufacturing infrastructure and provide the system OEMs with major cost and performance improvements," added Keible. "In their analysis of the manufacturing of microwave and millimeter-wave modules, OEMs are finding that Endwave's combination of technology leadership and shear volume production capability are major competitive advantages." "We are pleased to announce Endwave as an outsourcing partner for PDH and SDH modules," said John Knudsen, Executive Vice President from Nera. "Endwave has served us well in the past as a trusted supplier of microwave subsystems, and we are delighted to strengthen the relationship. Given their superior technical excellence and strength in high-volume microwave subsystem manufacturing, we believe that Endwave is well suited to fulfill our requirements for these critical components within Nera radios." About Endwave Endwave Corporation develops and manufactures radio frequency (RF) subsystems for use in high-speed cellular backhaul networks, enterprise access, homeland security, defense electronics, commercial radar systems, and other broadband applications. These products include integrated transceivers, oscillators/synthesizers, high-power cellular switch-combiners, and RF modules (amplifiers, frequency multipliers, switches, and up/down-converters). Endwave has more than 35 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; San Jose, CA; Andover, MA; and Lamphun, Thailand. Additional information about the company can be accessed from the company's web site at http://www.endwave.com/ . About Nera ASA Nera is a world-leading global supplier of fixed wireless and satellite communication equipment and systems. Nera designs, develops, manufactures and markets point-to-point and point-to-multipoint radio link equipment, satellite terminals and gateways for mobile and fixed satellite communication, and is a major supplier to Inmarsat. Nera is listed on the Oslo Stock Exchange. Nera ASA's associated company Nera Telecommunications Ltd is listed on the Singapore Exchange (NERA TEL). Nera Broadband Satellite is a fully owned subsidiary of Nera SatCom AS. http://www.nera.no/ "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. These statements include, but are not limited to, statements regarding forecasted future financial results. Actual results could differ materially from the forward-looking statements due to many factors, including the following: the risks that the integration of acquired business lines, products and subsidiaries will fail, products will fail to achieve market acceptance, the timing or existence of customer orders, market volatility and weakness, customer concentration, delays in the design process, production delays or cancellations due to product defects or defects in materials supplied by vendors, the length of our sales cycle, our ability to develop, introduce and market new products and product enhancements, changes in product mix or distribution channels; the demand for wireless networking products and end-user products that incorporate wireless technology; competitive technologies; and, technological difficulties and resource constraints encountered in developing, transitioning and/or introducing new products. 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 report on Form 10-K and subsequently filed reports on Form 10-Q. DATASOURCE: Endwave Corporation CONTACT: Mark Hebeisen of Endwave Corporation, +1-978-686-4400, ext. 105, or Web site: http://www.nera.no/ Web site: http://www.endwave.com/

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