I'm back from the beach. My buddy follows this one(ISCO)- says it will probably go to 3 over the next few days. Currently 1.25 up .25 :
Monday September 21, 11:50 am Eastern Time
Company Press Release
SOURCE: Illinois Superconductor Corporation
Illinois Superconductor Develops Breakthrough Filter for Leading
International Cellular Operator
MOUNT PROSPECT, Ill., Sept. 21 /PRNewswire/ -- Illinois Superconductor Corporation (Nasdaq: ISCO - news), a leader in the commercialization of high
performance filters for the wireless telephony industry, today announced a significant technological breakthrough that will further enhance the performance of its
superconducting filters.
The Company believes this new technology should enable ISCO to strengthen its relationships with major cellular operators, as well as extend the Company's lead in wireless superconducting technology. Illinois Superconductor is developing this highly advanced filter technology at the request of one of the world's leading cellular
operators. The operator, which faces some of the harshest radio conditions in the world, requires a filter technology that will provide both improved performance and extended coverage range. This operator had evaluated all other superconducting vendors and technologies in the wireless telephony industry, and the Company believes, selected Illinois Superconductor because of its demonstrated superior technical capabilities.
Utilizing a unique and proprietary technology, Illinois Superconductor has developed a way to attain up to 19 dB of rejection for each 100 KHz of distance from the band edge of a 15 MHz wide PCS frequency filter. The new filter technology as implemented has no fly backs below 90 dB and typical insertion loss is expected to be about
1 dB. The Company has already demonstrated 19 dB at its laboratories in Mt. Prospect, Ill., and expects to attain the full 20 dB per 100 KHz in the next few months. By comparison ISC's best previous filter, the SpectrumMaster(R) Ultra(TM), which the Company believes is the best filter available on the market today, attained 4.2 dB
per 100 KHz or 5% the roll off of the new technology. This technology breakthrough utilizes the Company's proprietary thick film superconducting technology and its flexible cavity filter designs.
''This is an extremely exciting technological breakthrough which we believe will set the standard in filter performance for years to come,'' commented Ted Laves, chairman and CEO of Illinois Superconductor. ''We believe this clearly establishes our leadership position versus our competitors. We also believe that this breakthrough has the potential to reduce product cost and simplify manufacturing, speeding our time to market.'' Laves continued, ''ISCO is pleased to have had the opportunity to develop this extremely high performance filter for one of the world's leading cellular operators.''
Illinois Superconductor Corporation is a leader in the commercialization of high temperature superconducting technology for the wireless telephony industry. The Company develops, manufactures and markets radio frequency (RF) products that enhance the quality and capacity of cellular telephone, personal communications
services (PCS) and other wireless telecommunications services. More information about Illinois Superconductor is available on the Company's internet web site at
ilsc.com.
Statements contained in this news release that are not historical facts are forward looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. The Company cautions that a number of important factors could cause the Company's actual results for 1998 and
beyond to differ materially from those expressed in any forward looking statements made by, or on behalf of, the Company. These important factors and other factors which could affect the Company's results are detailed in the Company's filings with the Securities and Exchange Commission and are included herein by reference. The
Company assumes no obligation to update the information in this press release. |
