Datron Systems Announces Satellite TV License Agreement With Airshow
VISTA, Calif., Oct 6, 1999 (BUSINESS WIRE) -- Datron Systems Inc.
(Nasdaq:DTSI) has granted Airshow Inc. of Tustin, Calif. an exclusive
right to manufacture Datron's DBS-2100 airborne satellite TV antenna
for executive business jets for an initial payment in excess of $1
million plus undisclosed future royalties based on units produced.
Datron and Airshow have had a joint marketing and production agreement
to develop the market for satellite TV on executive business jets since
1998, and through their joint efforts have brought satellite TV to the
business jet traveler with installations on Gulfstream IIIs and Vs,
Cessna Citation Xs, Bombardier Challenger 601s and 604s, and Dassault
Falcon 900s. Since 1997, Datron has received orders for more than 80
units to serve this market.
David A. Derby, chairman, president and chief executive officer of
Datron Systems, commented, "We are extremely pleased to have extended
our relationship with Airshow through this license agreement. The
initial payments will be used to continue our development of antennas
that will bring high-speed, two-way, voice and data exchange to
airplanes, recreational vehicles, buses and boats.
"This agreement allows Airshow to produce the entire Airshow TV(TM)
system under their control in a cost effective fashion. In addition,
the recent announcement by DIRECTV Inc. of its DIRECTV AIRBORNE OFFICE
CHOICE(TM) programming package for private jets, which includes more
than 55 popular networks, premium movie and sports subscription
services, will further increase the attractiveness of satellite TV to
the business traveler. We believe the result will be an even more rapid
increase in the business jet market for satellite TV than has been
enjoyed to date."
Dennis Ferguson, president of Airshow Inc., said, "This exclusive
licensing agreement demonstrates our commitment to satellite television
and high-speed data services. Having control over the DBS-2100 will
give us much more flexibility and allow us to quickly take this
technology to higher levels which ultimately will benefit our
customers."
Airshow Inc., which serves the corporate aviation and commercial
airline markets, currently has systems in service on more than 130
airlines worldwide and nearly 4000 corporate aircraft. Airshow is
headquartered in Tustin, Calif. and is a subsidiary of Dynatech Corp.
located in Burlington, Mass. (OTC:DYNA). More information about Airshow
TV can be found in the Airshow Web site at www.airshowinc.com.
This news release may contain "forward-looking statements" as defined
in the Private Securities Litigation Reform Act of 1995. A variety of
factors could cause the company's actual results to differ from the
anticipated results expressed in such forward-looking statements. These
include, among others, uncertainties stemming from the dependence of
the company on foreign sales and on large orders from a relatively
small number of customers, risks relating to the decline in the
company's traditional defense business and the company's efforts to
develop and market consumer products, lack of timely development or
customer acceptance of new products, worldwide economic downturns and
currency devaluations, restrictions imposed by the U.S. government on
the export of company products, and the impact of competition.
Investors are referred to the Company's periodic reports under the
Securities Exchange Act of 1934, including without limitation the
Investment Considerations set forth in the company's Annual Report on
Form 10-K.
Datron Systems provides products and services addressing the needs of
emerging satellite and radio communication markets.
Airshow TV is a trademark of Airshow Inc. DIRECTV and DIRECTV AIRBORNE
OFFICE CHOICE are trademarks of DIRECTV Inc., a unit of Hughes
Electronics Corp.
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
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CONTACT: Datron Systems Inc.
William L. Stephan, 760/734-5454
dtsi.com
WEB PAGE: businesswire.com
GEOGRAPHY: CALIFORNIA
INDUSTRY CODE: TELECOMMUNICATIONS
COMPUTERS/ELECTRONICS
COMED
TRAVEL/AIRLINES
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