Monday May 17, 10:03 am Eastern Time
Company Press Release
CMC Industries Announces Relationship to Manufacture Fixed Wireless
Terminals for Telular Corporation
SANTA CLARA, Calif.--(BUSINESS WIRE)--May 17, 1999--CMC Industries,
Inc. (NASDAQ: CMCI - news) and Telular Corporation (NASDAQ: WRLS - news)
today jointly announced the initiation of a manufacturing relationship
in which CMC's Corinth, MS facility will produce certain fixed wireless
terminals for Telular.
''Telular Corporation is an exciting opportunity for us,'' said
Matthew Landa, President & Chief Executive Officer of CMC Industries.
''CMC has carved out a strong niche in the area of high frequency (RF)
and wireless manufacturing and test. Telular's leading fixed wireless
products are a perfect match with CMC's capabilities. We look forward
to a dynamic working relationship with Telular.''
''CMC is a high quality rapid response business partner to Telular.
Their quick response has enabled us to gain additional volumes from
key customers. CMC's multi-plant operation permits our products to be
manufactured closer to key customers, and enhances our scalability,''
Kenneth E. Millard, president and chief executive officer of Telular
Corporation stated.
Telular's proprietary telecommunications interface technology enables
standard phone systems, fax, computer modem or monitored alarm systems
to utilize available cellular wireless service for either primary or
back-up communications. Products developed and marketed by Telular
include the Phonecell® and Teleguard® lines.
ABOUT CMC INDUSTRIES, INC.
Headquartered in Santa Clara, Calif., CMC Industries is a leading
provider of electronics manufacturing services to original equipment
manufacturers in the telecommunications, data communications, computer
and electronics industries. The company has operations in Corinth,
Miss.; Santa Clara, Calif.; Hermosillo, Mexico; Huntsville, Ala.; and
Taipei, Taiwan.
For further company information, visit CMC at cmcindustries.com
or e-mail us at sales@cmcmfg.com.
For Investors information e-mail CMC at invrelations@cmcind.com
The matters set forth in this news release may contain forward-looking
statements. Actual results may differ materially from those described
herein and are dependent on certain risks and uncertainties including,
but not limited to, the timing and magnitude of orders from customers
with projects currently in development as well as continued orders and
growth in orders from customers already in volume production, the
ability of the Company to accurately forecast the timing and magnitude
of future customer orders and appropriately adjust its expenditures in
respect thereof, changes in customer mix and volume, competition,
component availability, inventory obsolescence, business conditions in
the general economy as well as the industries in which the Company and
the Company's customers compete and other risk factors such as those
detailed in the Company's SEC reports.
Contact:
CMC INDUSTRIES, INC.
Brian Throneberry, 256/539-8110 ext. 222
sales@cmcmfg.com
or
Andrew Moley, 408/982-9999 ext. 503 (IR)
invrelations@cmcind.com |
