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Technology Stocks : Vari-L (VARL) -- Ignore unavailable to you. Want to Upgrade?

To: gmccon who wrote (780)	6/24/1998 8:38:00 AM
From: Rob LeVine	Read Replies (1) \| Respond to of 2702

Wednesday June 24, 8:02 am Eastern Time Company Press Release SOURCE: Vari-L Company, Inc. Vari-L Company, Inc. Awarded New U.S. Patent DENVER, June 24 /PRNewswire/ -- Vari-L Company, Inc. (Nasdaq: VARL - news), a leading provider of advanced components for the wireless telecommunications industry, today announced the U.S. Patent Office has approved its patent application for a ''Unbalanced to Balanced High Impedance Ratio Wideband Transformer Circuit.'' The patent represents an improvement to a transformer circuit design originally patented by the Company in 1997. The transformer circuit provides for enhanced system performance of a wide variety of RF and fiber optic applications, including CATV platforms. ''This new patent strengthens the Company's technological base for our expanding business in the fiber-optic marketplace,'' said Dave Sherman, president and CEO. ''The improved design demonstrates the talent and dedication of Vari-L's engineering staff and the Company's consistent record of providing our customers with the most technologically advanced wireless communications components.'' Through its headquarters in Denver, Vari-L designs, manufactures and markets a wide range of radio frequency (RF) and microwave signal processing components used in the wireless telecommunications industry for both commercial and military applications. Vari-L serves a diverse customer base comprised of some of the world's leading technology companies, including Ericsson, Hughes, IBM, Lockheed Martin, Lucent Technologies, Magnavox, Mitsubishi, Motorola, NEC, Nokia, Northern Telecom, QUALCOMM, Raytheon, Samsung, and Texas Instruments. Some of the statements contained in this news release are forward-looking statements. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks, including but not limited to the success of the products into which the Company's products are integrated, governmental action relating to wireless communications licensing and regulation, internal projections as to the demand for certain types of technological innovation, competitive products and pricing, the success of new product development efforts, the timely release for production and the delivery of products under existing contracts, future economic conditions generally, as well as other factors. SOURCE: Vari-L Company, Inc.