This one is a keeper folks...read up on the three divisions through the company's filings, press releases and www site. I am going to add to my position here and there and tuck it away somewhere...this today:
Enerdyne Technologies Inc. and the Naval Air Warfare
Center Weapons Division Sign Cooperative Research
and Development Agreement
Missile Program has Immediate Need for an Ultra-Miniaturized Video
Encoder That Follows the IRIG210 Standard
SAN DIEGO--(BUSINESS WIRE)--April 13, 2000-- Enerdyne Technologies Inc., a subsidiary of Advanced Remote
Communication Solutions (ARCOMS) (OTCBB:BTRK - news) and a leader in digital-video compression systems, Thursday
announced that it has signed a Cooperative Research and Development Agreement with the Naval Air Warfare Center Weapons
Division (NAWCWD) at China Lake.
The NAWCWD program, called Spike, has an immediate need for an ultra-miniaturized encoder that follows the IRIG210
standard.
Under this agreement, the NAWCWD will further miniaturize the current production of Enerdyne's 4-cubic inch video encoder
hardware using the Multi-Chip Module (MCM) technique. The video encoder is being developed to fit inside the United States
Navy's 1.5-inch (diameter) optically guided missile. Enerdyne will provide the NAWCWD with the design for their current single
chip IRIG210 solution including schematics and Programmable Logic Devices (PLD) program files. The schematics and PLD
program files are the exclusive intellectual property of Enerdyne Technologies Inc.
A United States Army program called Hardened Subminiature Telemetry and Sensor System (HSTSS) will provide the funding to
the NAWCWD to design the packaging under this agreement. The agreement will allow the Navy to develop an encoder that will
meet the immediate needs of Spike, and Enerdyne's new product will be capable of supporting small missiles and projectile
programs.
``This is a great opportunity for Enerdyne to further refine and enhance its existing technologies in order to provide advanced
applications in remote communications,' said Nancy Ziter, vice president of business development and operations at Enerdyne
Technologies Inc. ``We look forward to additional collaborative opportunities with the United States Army and United States
Navy.'
About Enerdyne
Enerdyne is a leader in video, voice and data communications technologies for the commercial/industrial, transportation,
government and military markets and provides equipment for airborne, space, fixed or groundmobile, and other surveillance
applications. Enerdyne offers MPEG2/1, MJPEG, IRIG and its own patented ADVS© video compression products, available with
a wide range of multiplexing and interface options.
About ARCOMS
Advanced Remote Communication Solutions (ARCOMS) is a global technology company delivering innovative and proprietary
solutions to customers in specific markets for their remote information needs through its various business entities: Boatracs,
Enerdyne Technologies Inc., and Innovative Communications Technologies Inc. (ICTI).
ARCOMS' products and services include customized software applications; cost-effective satellite communications solutions; near
real-time vessel tracking; bandwidth-efficient, multimedia satellite networks; e-mail technology; state-of-the-art, real-time video
compression products; multiplexing equipment; and video monitoring services. ARCOMS' client base includes users within the
government, transportation, military, marine, telecommunications, and commercial markets.
With headquarters in San Diego, ARCOMS has offices in Santee, Calif.; La Jolla, Calif.; Gulfport, Miss.; Gaithersburg, Md.; and
Leiden, the Netherlands. For more information about ARCOMS and its business units, visit www.arcoms.com.
Legal Disclosure
Statements within this news release which are not historical facts, including statements about strategies and expectations for new
and existing products, technologies, and opportunities are forward-looking statements that involve risks and uncertainties. Because
such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or
implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited
to, those set forth in the risk factors identified in the company's filings with the Securities and Exchange Commission, particularly
its Form 10-KSB for the year ended 12/31/99. The company undertakes no obligation to release publicly any revisions to the
forward-looking statements to reflect events or circumstances after the date of this news release or to reflect the occurrence of
unanticipated events.
Contact:
ARCOMS
Michael Silverman, 858/450-7600
msilverman@arcoms.com
or
Marissa Marsala, 858/657-0124 (Direct Line)
800/336-8722
mmarsala@arcoms.com
or
Andrea Galbo, 858/657-0127 (Direct Line)
800/336-8722
agalbo@arcoms.com
or
Enerdyne
Nancy Ziter, 619/562-3061
nziter@enerdyne.com |
