COM DEV Wireless Group's RF Conditioning Supply Contract Escalates past $50 Million
--Contract grows due to support from strategic manufacturing facility in Suzhou, China-
CAMBRIDGE, ON, Feb. 21 /CNW/ - COM DEV International Ltd. (TSE:CDV), announced more details about a major contract first described in the general announcement that it released November 15, 1999. COM DEV's Wireless Group has been selected to supply radio frequency (RF) conditioning equipment components to a global supplier of CDMA and GSM 900/1800/1900 wireless networks. Under terms of the contract, COM DEV will supply RF signal conditioning equipment that meets this supplier's unique requirements. In addition to supplying product from its manufacturing facilities in the UK and Canada, COM DEV will now also supply product from its Suzhou, China facility directly to this supplier's joint venture in China. As a result, the value of the contract and its potential to further escalate over the life of the contract, have both increased. The total value of the contract is now expected to rise to at least $50 million in 2000. "For many years, the Wireless industry has relied on COM DEV to supply RF filtering and combining technologies that enhance the system performance of the basestation. We are very excited about our continued success," said Peter Scovell, President of COM DEV Wireless Group. "We look forward to growing with this supplier as it capitalizes on the many opportunities for growth within the Chinese market." COM DEV's signal conditioning subsystems play a critical role in enhancing the performance of cellular telephone basestations. They enable the basestation to discriminate between the signals going to and from the mobile telephones, and they amplify the power level of the incoming signals so they can be processed. Other applications filter out interfering signals from other sources and monitor the health of the external tower mounted receivers and transmitters, reporting any problems. One of COM DEV's major competitive discriminators in this product line, is its ability to deliver all the functions of filtering, amplification and alarm monitoring in a single cost effective and compact electronics package. COM DEV International is the largest Canadian-owned designer, manufacturer and distributor of space and wireless subsystem products through its two divisions: the Wireless Group and the Space Group. COM DEV employs more than 1,300 people in facilities in Canada, the United States, the United Kingdom and China. The Wireless Group designs and manufactures leading edge wireless subsystems that enjoy broad acceptance among global wireless, cellular telephone and PCS system vendors. Included among these advanced subsystems are the core signal conditioning products described above; plus EIA/TIA-136 soft radios, wireless Internet access infrastructure and new products to be used in wireless communications operating under existing and evolving technology standards like W-ODFM, UMTS and 3G, the next-generation broadband mobile telephony. The Wireless Group also designs and manufactures complete EIA/TIA-136, TDMA cellular telephone basestations in its newly formed Wireless System Products Division. The Space Group manufactures advanced products that are sold to the major satellite prime contractors for use in earth science and commercial communications satellites. |