Some INTEK History from Another Site
This was emailed to me from someone I have communicated with online re. IDCC. It is an INTEK related history that ties together Securicor and a few other communications companies.
The URL for this info noted below is:
mrktvision.com
I was VERY pleased with INTEK's movement today ... very strong uptick to 3-1/16 ... leveling out at close just under $3 @ 2 31/32.
Reading the HISTORY noted below gives me even stronger confidence in this company.
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History
The paging industry has been in existence since 1949, when the FCC allocated a group of radiofrequencies for use in providing one-way and two-way mobile communications services. The industry began to grow as the quality and reliability of equipment increased and consumers began to perceive the benefits of mobile communications. Many of the paging industry pioneers started in the business as a complement to their existing telephone answering service or two-way radio communications sales and service businesses.
MILESTONES
Here are some milestones affecting Angell Communications that should have an impact.
October, 1994, Angell Communications signs with Roamer One, Inc. to build and manage five of the nine Angell 220 Mhz markets. These markets include, Albuquerque, NM; Moses Lake, WA; Fulton, MI; Des Moines, IA and Nashville, TN.
January, 1995, Roamer One, Inc. and Simmonds Communications, Ltd. merge and take over Intek Diversified (IDCC). Intek stock jumps from $.32 to over $5 in ninety days.
April, 1995, Angell Communications receives another 220 Mhz license, Knoxville, TN, from the FCC due to an application "purge", Roamer agrees to construct and manage the market for Angell bringing the total number of systems Roamer will construct for Angell to six.
June, 1995, Roamer agrees to purchase Midland Radio, the 3rd largest manufacturer of 2-way radios in the world, included in the deal is the nationwide wholesale/retail sales and service infrastructure.
June, 1995, Securicor Radiocoms, LTD of the UK invests $15 million in roamer for Intek stock giving Roamer the cash needed to purchase Securicor base station repeaters and combiners to construct the 100 plus licenses under contract by Roamer, including the Angell Comm. systems.
January, 1996, Under great pressure from the 220 industry, lead by Angell Communications President Marc Angell and Roamer One President David Neibert, the FCC agrees, in part, to allow "modifications" to the construction of 220 Mhz licenses and grants a construction extension for those systems until August 15, 1996. This is seen as a major victory for the 220 Mhz industry. Angell immediately applies for an extension for the four licenses remaining to be constructed.
February, 1996, Angell Communications opens a nationwide sales and marketing office in Santa Monica, California to oversee the development of the Angell markets.
March, 1996, Roamer completes construction of the six Angell Communications licenses under contract.
March, 1996, Angell Communications enters into an equipment lease agreement with Tribell Communications of Florida to construct the remaining four Angell Comm. licenses in Omaha, NB; Jackson, MS; Richland and Spokane, WA.
March, 1996, Roamer One, Intek Diversified and Securicor Radiocoms announce a merger comprising of stock, cash and nearly two hundred constructed 220 systems that will significantly establish a nationwide backbone for 220 and bring the service to the forefront of digital two-way radio and wireless high speed data. Roamer stock jumps to $9.50.
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