AML Communications Inc. receives contract for new
Low Earth Orbit network market
CAMARILLO, Calif.--(BUSINESS WIRE)--Jan. 23, 1997-- AML Communications Inc
Thursday announced it has secured a contract valued at approximately $700,000 for high linearity
amplifiers to service the emerging Low Earth Orbit (LEO) satellite telecommunications network
market.
The contract includes a two-week option for the customer to increase the order, if exercised, by
an additional $600,000 aggregating to a total contract value of $1.3 million. Delivery of the order
is expected to occur in the company's first quarter of fiscal year 1998.
The LEO satellite network is designed to provide high-speed digital communication through Earth
gateways worldwide.
Commenting on the sale, Jacob Inbar, chairman and chief executive officer, remarked: "This
contract is yet another example of our ability to leverage our proven technologies, create new
products and open new markets. In this particular case, we have capitalized on our patented
lossless feedback technology.
"Developing this new amplifier enables AML Communications to enter the promising LEO market
sector." Note: Statements in this news release that relate to future plans, financial results or
projections, events or performance are forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as
amended. Actual results may differ materially due to a variety of factors. Information about certain
of these factors is contained in the company's most recently filed Form 10-KSB and other
documents filed by the company with the Securities and Exchange Commission. Copies of the
most recent Form 10-KSB report are available from AML Communications' Investor Relations
department and may be obtained by calling or writing. AML Communications designs,
manufactures and markets multicarrier amplifiers, masthead amplifiers and repeaters for the
cellular, PCS, paging and other communications markets.
CONTACT: AML Communications Inc., Camarillo
Kirk A. Waldron, 805/388-1345
or
Coffin Communications Group, Sherman Oaks, Calif.
Steven B. Johnson, 818/789-0100 |
