To: GARY P GROBBEL who wrote (15446 ) 12/1/2003 10:52:47 AM From: GARY P GROBBEL Read Replies (2) | Respond to of 120415 ORFR 1.08/1.39 23,000 vol...in addition to this contract rev was up about 68% this past qtr to $4.3m....losses down to 200k...trend line shows rev going up, losses coming down...an add'l $4.5m in contracts announced last month: gram B: ORBIT/FR Receives a Contract for a Large European Aerospace Program HORSHAM, Pa., Dec 01, 2003 /PRNewswire-FirstCall via Comtex/ -- ORBIT/FR, Inc. (OTC Bulletin Board: ORFR), a leading producer of sophisticated automated microwave test and measurement systems for the aerospace/defense, wireless communication, automotive and satellite industries, today announced it has been awarded a contract from a major European aerospace contractor. This award represents the first phase of a project, expected to be performed over a 3-year period, to deliver a large state-of-the-art aircraft electro magnetic testing facility. The turnkey system includes a large shielded chamber with RF absorption capability that simulates free space and a large positioning system. The RF absorbing subsystem will be implemented by the California-based Advanced Electromagnetic, Inc., (AEMI), a wholly owned subsidiary of ORBIT/FR, Inc. The program, if all its options are exercised by the customer, could exceed $9 million and would represent the Company's largest program ever. "We are pleased to be selected to deliver such an advanced system," said Israel Adan, President and CEO of ORBIT/FR, Inc. "We believe that our extensive experience in full turnkey chamber design and implementation, along with our strong reputation for delivering high quality antenna measurement equipment and technologies, were key factors in this award," Mr. Adan added. About ORBIT/FR ORBIT/FR, Inc. develops, markets and supports sophisticated automated microwave test and measurement systems for the wireless communication, satellite, automotive and aerospace/defense industries.