ISCO - Japanese 3G Tests Demonstrate Superior performance of Thick-Film Superconductor Technology for Receiver Filter applications
MT. PROSPECT, Ill., May 1, 2000 /PRNewswire via COMTEX/ -- Illinois Superconductor Corporation (OTC Bulletin Board: ISCO), a leading supplier of superconducting RF front-end systems for the wireless industry, announced today that recent publication in Japan of test results comparing alternative filter technologies for Third Generation (3G) Wireless systems has confirmed that receiver filter systems using thick-film superconducting material outperform both thin-film superconducting technology and conventional dielectric filter technology in suppressing out-of-band interference. Such interference can cause a loss of system capacity. The results were presented by researchers from NTT Mobile Communications Network, Inc., at a General Conference of the Institute of Electronics, Information, and Communications Engineers (IEICE -- a leading Japanese technical society) at a conference held in Hiroshima, Japan, on March 28-31 of this year, and were published in the Proceedings of that conference (available from the IEICE). 3G systems are being developed to support high- speed wireless Internet access for mobile and portable users. The published results are summarized (see photo URL), which shows the nearly perfect ability of thick-film superconducting filters to eliminate out-of-band interference, in marked contrast to other technologies. (Photo: NewsCom: newscom.com ) "This study establishes that thick-film is the clear front-runner in terms of filter performance for 3G," said Dr. Amr Abdelmonem, the Chief Technical Officer for ISC. "We have been testing our systems with the Japanese since 1997, and these latest results confirm their previous tests. These tests should make clear that thick-film superconducting technology gives the best performance in receiver filters by a wide margin over thin-film." Dr. George Calhoun, Chief Executive Officer of ISC, said: "These results are decisive for the receiver-filter application for 3G. This technical report is based on careful and extensive testing by independent scientists in Japan, and I am confident that they will be swiftly accepted by the wireless industry. Illinois Superconductor is the only company in the world which produces thick-film superconducting systems for the wireless industry, so this bodes well for our company to play an important role in supplying the needs of 3G as this market develops over the next couple of years." Illinois Superconductor Corporation is a leader in the commercialization of high temperature superconducting technology for the wireless telecommunications industry. The Company develops, manufactures and markets radio frequency (RF) products to enhance the quality and capacity of cellular telephone, personal communications services and other wireless telecommunications services. More information about Illinois Superconductor Corporation is available on the Company's internet web site at ilsc.com . Statements contained in this news release that are not historical facts are forward-looking statements. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and reflect the Company's current expectations regarding the future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to identify these forward-looking statements by using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," and similar expressions. These statements reflect the Company's current beliefs and are based on information currently available to it. Accordingly, these statements are subject to certain risks, uncertainties, and contingencies, which could cause the Company's actual results, performance or achievements for 2000 and beyond to differ materially from those expressed in, or implied by, such statements. These important factors include, without limitation, the Company's history of net losses and the lack of assurance that the Company's earnings will be sufficient to cover fixed charges in the future; the degree to which the Company is leveraged and restrictions imposed on the Company under its existing debt instruments which may adversely affect the Company's ability to finance its future operations, uncertainty about the Company's ability to compete effectively against better capitalized competitors and to withstand downturns in its business or the economy generally; the adverse effects on liquidity of the Company's common stock because of its de-listing from the Nasdaq National Market in June 1999; continued downward pressure on the prices charged for the Company's products due to the competition of rival manufacturers of front end systems for the wireless telecommunications market; the timing and receipt of customer orders; the Company's ability to attract and retain key personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is included in the Company's filings with the Securities and Exchange Commission, including those described under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 1999. The Company undertakes no obligation to update or revise these forward-looking statements to reflect new events or uncertainties. SOURCE Illinois Superconductor Corporation (C) 2000 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: Maureen Murnane of Illinois Superconductor Corporation, 847-391-9492 /Photo: NewsCom: newscom.com AP Archive: photoarchive.ap.org PRN Photo Desk, 888-776-6555 or 201-369-3467 |