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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?

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To: Linda Kaplan who wrote (2840)10/6/1998 9:09:00 AM
From: Linda Kaplan  Read Replies (1) of 3431
 
Headline: Glenayre Technologies Appoints Zoufonoun General Manager Of Microwave
Radio Unit

======================================================================
CHARLOTTE, N.C., Oct. 5 /PRNewswire/ -- Glenayre Technologies Inc.
(NASDAQ:GEMS) today announced that Amir Zoufonoun has been named general
manager of the Glenayre Western Multiplex operating division, effective Oct.
1, 1998. Zoufonoun has been serving as acting general manager of the unit
since May 1998.
Previously, Zoufonoun served as vice president of engineering at Glenayre
Western Multiplex. Zoufonoun joined Western Multiplex Corporation in 1989,
serving in management positions of increasing responsibility through
Glenayre's purchase of that company in 1995. Prior to joining Western
Multiplex, Zoufonoun held various engineering management positions with Harris
Corporation's Farinon division. He holds a master of science degree and
bachelor of science degree, both in electrical engineering.
Among his many contributions, Zoufonoun spearheaded and led the
development of Glenayre Western Multiplex's major product lines, including the
successful LYNX radio line.
Glenayre Western Multiplex, an industry leader in T1/E1 spread spectrum
wireless interconnect radios, has been providing high-performance licensed and
unlicensed digital microwave radios to the worldwide market for over 18 years.
GWM supplies systems for wireless service operators, private, industrial, and
government users, including cellular, ESMR and PCS, utilities, railroads, and
oil and gas services. Additional information about Glenayre Western Multiplex
is available at: wirelessinterconnect.com.
For over 30 years, Glenayre Technologies Inc. has been developing and
providing leading edge personal telecommunication systems, including products
for paging and cellular networks. With over 2,000 employees and with products
installed in over 100 countries, Glenayre's net sales exceeded $451 million in
1997. Additional information about Glenayre is available on the company's Web
site at: glenayre.com.

SOURCE Glenayre Technologies Inc.
-0- 10/05/98
/CONTACT: Mark Smalley, VP - Investor Relations, Glenayre Technologies
Inc., 704-553-0038/
/Company News On-Call: prnewswire.com or fax,
800-758-5804/
/Web site: wirelessinterconnect.com
/Web site: glenayre.com
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