DATRON SYSTEMS: Datron Systems announces satellite TV license agreement with
Airshow
OCT 7, 1999, M2 Communications - VISTA, CALIFORNIA -- Datron Systems
Incorporated (Nasdaq: DTSI) has granted Airshow Inc. of Tustin,
California 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 system under their
control in a cost effective fashion. In addition, the recent
announcement by DIRECTV, Inc. of its DIRECTV AIRBORNE OFFICE CHOICE
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, California and is a subsidiary of Dynatech
Corporation located in Burlington, Massachusetts (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.
*M2 COMMUNICATIONS DISCLAIMS ALL LIABILITY FOR INFORMATION PROVIDED
WITHIN M2 PRESSWIRE. DATA SUPPLIED BY NAMED PARTY/PARTIES.*
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(C)1994-99 M2 COMMUNICATIONS LTD
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