growth in the right area
Signal Technology Receives Wireless Contracts From Spectrian Corporation Worth $1.7 Million
DANVERS, Mass.--(BUSINESS WIRE)--Feb. 3, 2000--
Signal Wireless Group Continues Building its Presence in the
High-growth Commercial Wireless Market
Signal Technology Corporation (AMEX:STZ) today announced that its Signal Wireless Group received contract awards worth $1.7 million from Spectrian Corporation (NASDAQ:SPCT), a leader in the design and manufacture of power amplifiers and semiconductor devices for wireless base stations. Under the agreement, Signal Wireless Group will provide power distribution devices and systems for CDMA base station applications in North America. The power distribution devices and systems will be manufactured in Signal Technology's Olektron Operation, which is located in Beverly, MA.
George Lombard, Signal's chairman and chief executive officer, stated, "We are encouraged with this new production order from Spectrian, a company whose rapid penetration into the cellular/PCS infrastructure market holds exciting promise for Signal Technology's Wireless Group. We will continue to invest in the research and development of new and innovative products to fuel our growth in the commercial wireless infrastructure market."
Dr. Jim DiLorenzo, president of Signal Technology and the Signal Wireless Group, added, "Our investment in the development of new products for the wireless market is generating excellent results reflected in our new program awards. We believe the alliance with Spectrian is an affirmation of our strategic direction. This order reflects Spectrian's recognition that Signal's cutting-edge switch/combiner products produce unique value for wireless base station applications."
Darien Spencer, vice president of operations at Spectrian Corporation, stated, "The market for cellular/PCS infrastructure continues to grow at a significant rate. At Spectrian, we are well positioned to capitalize on that growth. The Signal Wireless Group is an ideal partner to help us meet the dramatic demand for our technology."
About Spectrian Corporation:
Spectrian Corporation is a leading designer and manufacturer of single-carrier and multicarrier high power RF amplifiers for the worldwide wireless communications industry. Utilized in both wireless data and voice applications, Spectrian amplifiers support AMPS, CDMA, TDMA and GSM technologies for cellular, PCS, Wireless Local Loop and IMT-2000 networks. Spectrian is located at 350 Java Drive, Sunnyvale, CA 94086. For more information, visit the company's Web site at www.spectrian.com or call 408/745-5400. |
