SAWS with news....
Sawtek to Use Avnet for Global Distribution of RF SAW Filters
ORLANDO, Fla.--(BUSINESS WIRE)--Sept. 15, 2000--Sawtek Inc. (Nasdaq:SAWS - news) today announced that its new line of RF SAW filters will be available to customers worldwide through Avnet's global distribution network. Avnet will offer both PCS and cellular RF SAW filters for GSM, TDMA and CDMA applications. Sawtek will begin shipments of RF SAW filters to Avnet in the fiscal quarter ended September 30, 2000.
Gary A. Monetti, Chief Executive Officer, stated, ``Avnet has been Sawtek's primary worldwide distributor of our standard products for many years. This relationship has been extremely successful, and we look forward to utilizing Avnet's global presence as an extension of our sales force to develop new customers and create new market opportunities for our RF SAW filter products.''
About Sawtek Inc.
Sawtek designs, develops, manufacturers and markets a broad range of electronic signal processing components based on surface acoustic wave, or SAW, technology primarily for use in the wireless communications industry. Our primary products are custom- designed, high performance bandpass filters, resonators, oscillators and SAW-based subsystems. These products are used in a variety of microwave and RF systems, such as CDMA and GSM digital wireless communications systems, digital microwave radios, wireless local area networks, cable television equipment, Internet infrastructure, various defense and satellite systems, and sensors.
Forward-looking Statements
Forward-looking statements in this release are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Act of 1995. Investors are cautioned that forward-looking statements such as statements of the Company's plans, objectives, expectations and intentions involve risks and uncertainties. The cautionary statements made in this release should be read as being applicable to all related statements wherever they appear. Statements containing terms such as ``believes'', ``does not believe'', ``no reason to believe'', ``expects'', ``plans'', ``projects'', ``intends'', ``estimates'', or ``anticipates'', are considered to contain uncertainty and are forward-looking statements. The Company's actual results could differ materially from those discussed. Factors that could contribute to such differences include the following: a decline in either the growth of wireless communications or the acceptance of CDMA technology; our ability to successfully develop and bring new products to market, particularly RF filters; our ability to successfully increase production capacity; competitive products or technologies that could reduce demand for our products such as direct conversion or digital filtering technology; our dependence on a limited number of suppliers for certain key raw materials; risks associated with international sales; our dependence on a few large customers; declining selling prices for some of our key products; decreased manufacturing yields; cancellation of purchase orders by our customers; our inability to protect our intellectual property or if we infringe on the intellectual property of others; increased competition from other SAW suppliers; risks associated with our Costa Rican operations; risk of natural disasters; and other risks discussed in our SEC filings including Form 10K, Form 10Q, and Form S-3A filed on January 24, 2000.
A reader of this release should understand that it is not possible to predict or identify all such risk factors. Consequently, the reader should not consider this list to be a complete statement of all potential risks or uncertainties. We do not assume the obligation to update any forward-looking statement. |
