Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PWAV- the hot new IPO -- Ignore unavailable to you. Want to Upgrade?

To: Medisco who wrote (917)	2/23/1998 4:52:00 PM
From: Glenn Kaler	Read Replies (1) \| Respond to of 1491

The following was today's press release on the 200 watt multi-carrier cellular amplifier system. It can be located at Powerwave's WEB page. Enjoy. POWERWAVE TECHNOLOGIES INTRODUCES 200 WATT MULTI-CARRIER CELLULAR AMPLIFIER SYSTEM IRVINE, Calif., February 23, 1998 - Powerwave Technologies, Inc. (NASDAQ:PWAV) today announced the introduction of its 4th generation ultra-linear multi-carrier RF power amplifier for cellular networks, which will be demonstrated at CTIA's Wireless 98, February 23-25, 1998 in Atlanta, GA. Powerwave is located at Booth 5629. Powerwave's 4th generation multi-carrier RF power amplifiers offer up to 200 Watts of combined RF power with less than -65 dBc of intermodulation distortion utilizing four 60 Watt multi-carrier amplifiers. Powerwave's new high power multi-carrier RF power amplifier system can be used with either AMPS, TDMA, CDMA or mixed mode (AMPS/TDMA or AMPS/CDMA) transmissions in the 869 to 894 MHz cellular band. This product is targeted for use in high power cellular base stations transmitting multiple AMPS/TDMA signals or CDMA/AMPS signals. Due to the flexible design of Powerwave's system intelligent combiner, power levels can be scaled from 60 Watts to 200 Watts depending on system requirements. "Powerwave is excited to announce this new cellular multi-carrier product offering," stated Bruce C. Edwards, President and Chief Executive Officer of Powerwave Technologies. "With the addition of our 200 Watt multi-carrier RF amplifier system, virtually all cellular wireless networks can benefit from the performance, size and cost advantages of Powerwave's multi-carrier products." Company Background Powerwave Technologies, Inc., an ISO 9001 quality certified company, is a leading supplier of high performance RF power amplifiers for use in wireless communications networks. Powerwave designs, manufacturers and markets both single carrier and multi-carrier amplifiers, with a primary focus on multi-carrier amplifiers. Powerwave's products are utilized in both cellular and PCS base stations in both digital and analog networks. Powerwave also produces RF power amplifiers for the land mobile radio market. Corporate headquarters are located at 2026 McGaw Avenue, Irvine, CA 92614. Telephone (714) 757-0530. For more information on Powerwave's high performance ultra-linear RF power amplifiers and amplifier systems, come visit us at CTIA's Wireless 98, February 23-25, 1998, in Atlanta, GA. Powerwave is located at Booth 5629. In addition, you can call (888)-PWR-WAVE (797-9283) or visit our web site at powerwave.com. Forward-Looking Statements Statements contained in this press release which are not historical information are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause the actual results of Powerwave Technologies to differ materially from those projected or implied. Such potential risks and uncertainties include, but are not limited to: dependence on a limited number of customers in the Korean marketplace; reductions or cancellations in orders from new or existing customers; potential deterioration of business and economic conditions in the Company's customers marketplaces, including the Korean marketplace; potential deterioration of the Company's customers credit quality due to deteriorating economic conditions in the Company's customers marketplaces, including the Korean marketplace; a limited number of potential customers; intensely competitive industry with increasing price competition; variability in gross margins on new products and resulting impacts on operating results; continued success in the design of new amplifier products and the ability to manufacture in quantity such new products; continued favorable business conditions and growth in the wireless communications market; and dependence on certain suppliers for single-sourced components. Additional factors which could affect the Company's operating and financial results are described in Powerwave Technologies' Form S-1 dated June 30, 1997 and Form 10-Q for the period ended September 28, 1997, both of which are filed with the Securities and Exchange Commission, and other risks detailed from time to time in the Company's reports filed or to be filed with the Securities and Exchange Commission. Additionally, the Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements which may be made to reflect events or circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events.