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Technology Stocks : Acrodyne (ACRO) is one of two pure plays in the TV

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To: Mel Spivak who wrote (1004)4/3/1998 9:00:00 AM
From: Gerald Thomas  Read Replies (1) of 1319
 
Acrodyne Industries Announces First QuarterAsian Orders to Exceed $1.4 Million

April 3, 1998 08:45 AM

BLUE BELL, Pa.--(BUSINESS WIRE)--April 3, 1998--Acrodyne Industries, Inc. ACRO a leading manufacturer and installer of television
transmitters announced today that orders received from Asia in the first quarter of 1998 have been very strong across all product lines and
highlight the Company's continued expansion in the Asia Pacific region as a supplier of superior quality TV transmitters. Some of Acrodyne's
recent high profile projects already won this year are in the Philippines, Vietnam and in the People's Republic of China.

In the Philippines, Acrodyne has received a high power transmitter order from Eagle Broadcasting Corporation in Quezon City for the sale,
installation and commission, of a dual 60kW UHF television transmitter system. Eagle is a repeat Acrodyne customer in the Philippines and
this is the second 2x60kW Acrodyne television transmitter system to serve Quezon City and Manila. The Company now has four Diacrode(R)
sockets in the Philippines.

Mr. Mark Manalo, Operations Manager and Caesar Villadiego, Systems Engineer of Eagle Broadcasting, were both instrumental in advancing
the order of the third Diacrode-equipped transmitter in operation in Asia. Eagle's choice to use Acrodyne, was influenced by their site evaluation
of a similar Diacrode transmitter installed by Acrodyne at KASY-TV in Albuquerque, New Mexico. This new television transmitter represents
nearly a $900,000 investment for Eagle and is one of 30 Acrodyne television transmitters currently operating in the Philippines.

The dual 60kW Diacrode UHF transmitter will be installed at Eagle's new site in Quezon City in the second quarter of 1998 with support from
Composite Technology, Inc., Acrodyne's new representative in the Philippines. "We are very proud to be working with Composite Technology,
Inc. Composite provides the highest level of professionalism, technical expertise and service to Acrodyne's customer base in the Philippines.
We have no doubt that this will be a long-lasting and successful partnership," said A. Robert Mancuso, Chief Executive Officer of Acrodyne.

Eagle Broadcasting Corporation joins Radio Mindanao Network as Acrodyne's newest Diacrode user in Asia. They will now produce viewers
with the strongest UHF television signals in Manila, Quezon City and the surrounding viewing areas. The Company has now provided three of
the four highest power UHF transmitters licensed to serve Manila.

In Vietnam, Acrodyne has won a contract for the sale, installation and commission of three new transmitters valued at nearly $300,000. The
largest is a TRU/10KD10kW UHF television transmitter system to VTC for use in Vinh Long. This is the first Diacrode transmitter to be installed
in the country. To enhance Acrodyne's ability to provide the highest quality on-site training and after sales support to VTC's engineering staff in
Vietnam, the Company employs Vietnamese engineers on its technical staff which eliminates any language barriers with customers.

Acrodyne is also pleased to announce a contract for delivery of a new TRH/10KM 10kW UHF all solid television transmitter to Kai Feng
Television. This new transmitter will be installed in Henan Province, People's Republic of China. Acrodyne received sales support from its
representative, Mid-America Resources, Inc., who was instrumental in assisting the Company to secure this order. This latest contract is
valued at approximately $225,000. Antenna, feeder cable and transmission system integration will be performed by the Design Institute of the
Ministry of Radio, Film and TV. Kai Feng Television plans to be on the air with its new equipment by the end of 1998.

Acrodyne will be presenting its HDTV/DTV technology at NAB 98' in Las Vegas from April 6-9. Please visit the Company at booth #13420, in
the main hall of the Las Vegas Convention Center. Acrodyne is also holding a press briefing to present its new Adjacent Channel Transmitter
technology (ACT) on Monday, April 6 from 8:00-9:00 am, in press room N117, at the trade show. Please R.S.V.P to Susan Bolen at (212)
370-4500, if you plan to attend.

Acrodyne Industries, Inc., the operating subsidiary of Acrodyne Communications, Inc., is an established and respected manufacturer of
television broadcast equipment. In business over 25 years, the Company has developed the leading position as a technologically advanced,
high quality low cost producer of transmitters and translators used by television stations to broadcast and retransmit over-the-air signals.

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