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Technology Stocks : Vari-L (VARL)

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To: JakeStraw who started this subject10/28/2000 2:15:00 PM
From: Kent Rattey  Read Replies (2) of 2702
 
Vari-L Company Recognized for Outstanding Industrial Security Achievement
Department of Defense Personnel to Make Formal Presentation on October 31
PR NEWSWIRE

DENVER, Oct. 26 — Vari-L Company, Inc. (OTC:VARLE), a leading provider
of advanced components for the wireless telecommunications industry,
today announced that it will be formally presented the Department of
Defense (DOD) James S. Cogswell Award for Outstanding Industrial
Security Achievement at the Company's facilities on October 31,
2000. DOD representatives David P. Hopkins and John J. Whitecotton
will be on hand to make the presentation.

The award, which is a recognition for excellence in industrial security
management, was originally announced at the 36th Annual National
Classification Management Society (NCMS) National Training Seminar
in Washington D.C.
The award, administered by the Defense Security Service, was
established in 1966 as the Industrial Award for Excellence.
The Cogswell Award is named to honor the first Chief of the
Office of Industrial Security, who established many of the
basic principles that are part of the National Industrial Security Program.
The principles of the Program include establishing partnerships
between government and industry to accomplish industrial security
program objectives, and fostering excellence in the implementation
of the National Industrial Security Program for the ultimate benefit
and protection of the United States.
The individuals receiving the James S. Cogswell Award have
been recognized by the Defense Security Service for their outstanding
security performance, practices, and capabilities in the implementation
and maintenance of rational, cost-effective security measures.
Through its headquarters in Denver, Vari-L designs, manufactures
and markets wireless communications components that generate or process
radio frequency (RF) and microwave frequency signals. Vari-L's patented
products are used in commercial infrastructure equipment
(including cellular/paging/PCS base stations and repeaters, fixed terminal
point to point/multi-point data radios including LMDS/MMDS), consumer
subscriber products (advanced cellular/PCS/satellite handsets, web-enabled
smart phones, 2-way pagers, wireless PDAs, home networking), and
military/aerospace platforms (satellite communications/telemetry,
missile guidance, electronic warfare, electronic countermeasures,
battlefield communications). Vari-L serves a diverse customer base
of the world's leading technology companies, including Adaptive Broadband,
Agilent Technologies, Ericsson, Glenayre Technologies (Wireless Access),
Harris, Hughes, IBM, LGIC, Lockheed Martin, Lucent Technologies, Mitsubishi,
Motorola, NEC, NeoPoint, Netro, Newbridge Networks, Nokia, Northrop Grumman,
Raytheon, Samsung, Siemens and SpectraPoint.
Some of the statements contained in this news release are forward-looking
statements. The accuracy of these statements cannot be guaranteed as they are
subject to a variety of risks, including but not limited to the success of the
products into which the Company's products are integrated, governmental action
relating to wireless communications licensing and regulation, the accuracy of
the Company's internal projections as to the demand for certain types of technological
innovation, competitive products and pricing, the success of new product development
efforts, the timely release for production and the delivery of products under existing
contracts, future economic conditions generally, as well as other factors.
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