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Technology Stocks : Stratex Networks, Inc. (STXN) -- Ignore unavailable to you. Want to Upgrade?

To: lazarre who wrote (798)	12/21/1999 5:11:00 PM
From: Rob Preuss	Read Replies (1) \| Respond to of 1762

US$5 Million in New Orders to Ship in Next 10 Days!!! This should help the share price tomorrow... Tuesday December 21, 4:36 pm Eastern Time Company Press Release SOURCE: Digital Microwave Corporation Digital Microwave Corporation Receives $5 Million in New Orders in China SAN JOSE, Calif., Dec. 21 /PRNewswire/ -- Digital Microwave Corporation (Nasdaq: DMIC) today announced that it has received orders valued at $5 million (US) from two companies in the Peoples' Republic of China. China Unicom has awarded the company $3.5 million in orders for the company's Altium(TM) and Spectrum(TM) II radios, which will be used in the expansion of GSM cellular networks in the Guangxi and Hainan Provinces, both located near the South China Sea. The second company, Hebei Great Wall Mobile Telecommunications Company, has awarded a $1.5 million order to Digital Microwave Corporation for SPECTRUM II radios, which will be deployed in a CDMA cellular system located in China's northern area. Under the terms of each contract, product shipments are scheduled for completion by the end of December. The orders were won in partnership with the Beijing Telecom Equipment Factory, a major manufacturer of telecommunications products and an official representative of Digital Microwave Corporation within China. Beijing Telecom Equipment Factory provides system integration, localized installation, technical support and customer service for Digital Microwave Corporation systems. ``Both China Unicom and Hebei Great Wall Mobile Telecommunications are long-term customers since we began business development in China in 1995,' said Charles D. Kissner, chairman and chief executive officer of Digital Microwave Corporation. ``Each of these contracts, however, represents new business in new areas and in developing technologies in China. We especially are pleased that our expanding product line, including our high-capacity, 155 Mbps Altium radio, is being used to expand China's communications networks.' Headquartered in San Jose, California, Digital Microwave Corporation designs, manufactures and markets advanced wireless solutions for worldwide telephone network interconnection and access. Transmitting and receiving multiple digital lines, Digital Microwave's high-performance systems carry voice, data, and digitized video signals across a full spectrum of frequencies and capacities. Additional information can be found on the Company's web site at dmcwave.com . SOURCE: Digital Microwave Corporation