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Technology Stocks : California Amplifier - 2 -- Ignore unavailable to you. Want to Upgrade?


To: arno who wrote (1997)9/30/1999 11:58:00 AM
From: caly  Read Replies (1) | Respond to of 2267
 
I think someone threw gas on it...



To: arno who wrote (1997)10/29/1999 4:31:00 PM
From: arno  Read Replies (1) | Respond to of 2267
 
I don't believe this was posted

biz.yahoo.com

Monday October 25, 6:31 am Eastern Time
Company Press Release
SOURCE: California Amplifier Inc.
California Amplifier and Telaxis Communications Sign Design And Manufacturing Agreement
CAMARILLO, Calif., Oct. 25 /PRNewswire/ -- California Amplifier Inc. (Nasdaq: CAMP - news), a leading supplier of RF customer premises equipment to the broadband wireless industry, today announced it has entered into a design and manufacturing agreement with Telaxis Communications Corporation (formerly known as Millitech Corporation). This agreement provides for the joint development of a new line of reduced-cost LMDS transceivers and the manufacture by California Amplifier of both existing LMDS transceivers and the new line of LMDS transceivers for Telaxis.

Telaxis' transceiver products operate in the 24 GHz to 44 GHz frequency range, while California Amplifier makes similar products which operate in the 2 GHz to 12 GHz range. Both companies' products work in conjunction with indoor electronics using similar interfaces. The joint development process for the new line of LMDS transceivers will benefit from the synergies of California Amplifier's expertise in microwave circuit design and high-volume manufacturing and Telaxis' expertise in millimeter wave circuit design.

''Our agreement with Telaxis will allow us to participate in the growth of LMDS markets leveraging our MMDS design and manufacturing capabilities,'' said Fred Sturm, Chief Executive Officer of California Amplifier. ''This agreement builds on years of work California Amplifier has invested in broadband wireless access in both terrestrial and satellite technologies.''

California Amplifier, ISO 9001 certified, designs, markets and manufactures a broad line of microwave amplifiers, downconverters, antennas and integrated fixed point solutions used primarily in conjunction with satellite video and terrestrial broadband applications. The Company's Satellite business unit designs and markets reception components for the worldwide DBS television market as well as consumer and commercial products for both C-band and Ku band applications. The Wireless Access business unit designs and markets integrated customer premises solutions for both the broadband wireless and Wireless Cable (MMDS) industries. In addition, it markets MultiCipher®, a proprietary broadband scrambling conditional access system. Micro Pulse, a consolidated 50.5% ownership investment, designs, markets and manufactures antennas for a broad range of wireless applications.

Telaxis Communications Corporation develops and supplies high-speed, or broadband, wireless access equipment used by network service providers to deliver integrated voice, video and data services to business and residential subscribers. These point-to-multipoint products consist of wireless transmitter and receiver equipment installed outdoors in a cell-based arrangement. More information about the company is available at www.telaxiscomm.com.

This press release may contain forward looking statements that involve risk and uncertainties, including without limitation, inability to meet reduced manufacturing cost goals, product demand, competition, product acceptance and other risks and uncertainties that are detailed from time to time in the California Amplifier's SEC reports, including Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K. Copies of the California Amplifier's most recent Form 10-Q and Form 10-K can be obtained from the Company on request.

SOURCE: California Amplifier Inc.

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