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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: JeffA who wrote (52217)	7/8/1999 8:23:00 AM
From: JakeStraw	Respond to of 90042

Vari-L Company Expects Record Second Quarter Revenues DENVER, July 8 /PRNewswire/ -- Vari-L Company, Inc. (Nasdaq: VARL - news), a leading provider of advanced components for the wireless telecommunications industry, today announced the Company expects to set a new second-quarter revenue record for the three-month period ended June 30, 1999. Dave Sherman, President and CEO, said, ''Second quarter revenue was strengthened by growing demand from traditional commercial customers and increased subscriber deliveries. Our strong customer orders for the second quarter also suggest that growing subscriber markets, our own expanding sales efforts and the superior quality of our patented products will drive continued growth through 1999 and into the future.'' Through its headquarters in Denver, Vari-L designs, manufactures and markets a wide range of radio and microwave frequency signal source and processing components used in the wireless telecommunications industry for both commercial and military applications. Vari-L serves a diverse customer base comprised of some of the world's leading technology companies, including California Microwave, Ericsson, Harris, Hughes, IBM, Lockheed Martin, Lucent Technologies, Mitsubishi, Motorola, NEC, Nokia, Northrop Grumman, Raytheon, Samsung, Siemens, Stanford Telecom and Wireless Access. 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, 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. SOURCE: Vari-L Company, Inc.