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To: Sawtooth who wrote (14948)	9/13/1998 12:36:00 PM
From: SKIP PAUL	Respond to of 152472

Motorola Announces $100 Million Cellular Phone Deal PR Newswire - September 10, 1998 13:00 Jump to first matched term Bell Atlantic Mobile Selects Motorola's CDMA Digital Phone Technology for New SingleRate(TM) Introduction LIBERTYVILLE, Ill., Sept. 10 /PRNewswire/ -- Today, Motorola's Personal Communications Sector announced it has signed a $100 million agreement with Bell Atlantic Mobile that includes the supply of digital phones for its new service program. Motorola's SC-725 Code Division Multiple Access (CDMA) phone will be featured exclusively in both newspaper and magazine advertisements beginning today highlighting Bell Atlantic Mobile's DigitalChoice SingleRate(TM) service plan. The lightweight SC-725 CDMA phone will be the first of Motorola's digital phone products to be available during this promotion. "Motorola is pleased to supply its wireless phone technologies to Bell Atlantic Mobile for its new digital plan," said Fred Kuznik, president of Motorola's Personal Communications Sector and executive vice president of Motorola, Inc. "Business and personal phone users will reap a wide variety of advanced digital benefits utilizing a feature-rich Motorola phone packaged with such popular features as Caller ID(see note) and our VibraCall(TM) silent alert." "Bell Atlantic Mobile's new DigitalChoice SingleRate offers both its business and consumer digital customers an opportunity to communicate in one of the most revolutionary service programs ever offered," said Jack Plating, chief operating officer of Bell Atlantic Mobile. "We're pleased to work with Motorola to provide our customers an innovative digital phone for one of the industry's most advanced programs." Weighing as little as 7.0 ounces, the SC-725 digital phone provides extended talk and standby times to consumers -- up to 210 minutes of talk time or up to 30-48 hours of standby time with the optional Extra Capacity Lithium Ion battery. Additional phone features include: Internal Charger, enhanced phone book capability, large graphic display, headset capability, Voice Mail notification(see note) and Text Messaging(see note)." Motorola is a global leader in software-energized wireless communications, semiconductors, and advanced electronic systems and services. Motorola creates cellular telephone, two-way radio, paging, data and satellite communications systems and products that enable people to take their worlds with them. Motorola's embedded semiconductors are essential digital building blocks for consumer, networking and computing, transportation and wireless communications markets. Other businesses include automotive electronics, components, computing and energy products. Sales in 1997 were $29.8 billion. For further press information, please contact: Motorola Personal Communications Sector, 600 North U.S. Highway #45, Room AN482, Libertyville, Ill. 60048. Phone: 847-523-2841. Fax: 847-523-8770. For all other inquiries, please contact Motorola's Cellular Information Center at 800-331-6456 or via Personal Communications Sector's web site at www.startac.com.

To: Sawtooth who wrote (14948)	9/13/1998 12:43:00 PM
From: SKIP PAUL	Read Replies (1) \| Respond to of 152472

Mitec Telecom announcement/update Reuters Story - September 10, 1998 14:59 Jump to first matched term (Full text of press release from Canadian Corporate News) SEPTEMBER 10, 1998 Mitec Starts New Year with Next Generation Qualcomm Order - Acquisitions on Corporate Agenda MONTREAL, QUEBEC--Senior management of Mitec Telecom Inc. today confidently told shareholders attending the Company's Annual General Meeting that the past year's efforts of repositioning are now paying off. A clear example was today's announcement that the wireless communication products manufacturer has received what is expected to be the first of several new production orders from QUALCOMM. The initial contract is worth $700,000. QUALCOMM has selected Mitec to supply RF subsystems for the QCELL CDMA micro BTS product line. Deliveries are scheduled for the third quarter of the current fiscal year. QUALCOMM's QCELL micro BTS's are small stand alone base stations for use in the PCS and 800 MHz frequency bands. The QCELL micro BTS is the next generation of base stations, designed for both indoor and outdoor applications. The unit, measuring 26 inches long by 17 inches wide and 9 inches high, can be mounted on buildings, pole/towers or existing sites. Target markets include major MTAs, rural areas and Wireless Local Loop. In making the announcement, Mitec President and Chief Operating Officer, John Robinson, said Mitec has now successfully completed the important development stage with QUALCOMM and is now looking forward to full scale production. "The RF subsystem of this innovative, next generation product line combines our amplifier and filter expertise and further strengthens our position in the rapidly expanding wireless market." Mitec Chairman and Chief Executive Officer, Myer Bentob, welcomed the news stating the order sets the scene for further growth. He pointed out that even during its year of repositioning, Mitec made progress in fiscal 1998. Revenues were up by 30 percent, net profit increased by 30 percent and the company's backlog grew by 75 percent. "We are confident of both top and bottom line improvement over this past fiscal year." Mr. Bentob told his audience the objective is to grow Mitec as a major global participant in the development, manufacture and supply of significant products for the global telecom industry. "We are expanding almost as rapidly as the industry itself. At the same time, we have steadily built the confidence of our customers. We have created an enviable reputation. We are positive that the alliances we are forging will provide long term benefits. Growth in world telecommunications appears limitless and we intend to capitalize on our abilities to soar with the eagles into the 21st century. I feel that our potential is tremendous. I know we are a company worthy of investment by both those who seek value for mid and long term growth." Mr. Robinson reported further good news, saying that the company has obtained a development order from Nokia for a next generation GSM product. No further details were provided. He also announced a new position within the company's senior management team. Mike Feld, a 25 year veteran of the telecommunications industry, will assume the newly created post of Executive Vice-President of North American Operations. "Mike's mandate is to put the accent on operating efficiency, with the objective of increased profitability." Mr. Robinson said that while Mitec operates in three segments; wireless, terrestrial and satcom, it is wireless communications that is growing by leaps and bounds. "It is in that domain that we have been expanding, and where we foresee our major gains. We have only scratched the surface in cellular telephony. In many parts of the less developed world, it is this technology that will provide primary telephone service in the coming years. Mitec is one of the leading suppliers of products for wireless services, particularly amplifiers and filters, in the form of modules, used for the base or relay stations that form the infrastructure of these networks." "We also play a significant role in the satellite sector. We are responding to a steady demand for products. With the anticipated introduction of many more satellites, both geostationary and low and medium earth orbit, we are poised to capitalize on that potential with equipment needed for the ground stations." Mitec Chief Financial Officer, Keith Findlay said last year's 40 percent increase in wireless product activity and a 70 percent growth in the satcom sector is stretching capacities. "On site work of our new 80,000 square foot Pointe Claire complex is about to start. This will give us urgently needed expanded capacity, not just for manufacturing, but for Research and Development which is the lifeblood of any technically oriented company." The Quebec government is contributing up to $1.6 million for Mitec's expansion project which includes a new facility. This facility is expected to be operational by next spring. Production capacity at Mitec's New Jersey location has been tripled. "Coupled with an improved communication link between Montreal and New Jersey, our activities in North America will be even more efficient and fruitful as they work together in the design and testing of new products," stated Mr. Findlay. Mr. Bentob concluded by saying the company remains on the lookout for new opportunities. "We are committed to growth both internally and through acquisitions for advanced technologies and synergies." Mitec telecom inc. designs and manufacturers products, subsystems and multifunction subsystems for the wireless telecommunications industry. The Company sells its products worldwide to primarily original equipment manufacturers for incorporation into wireless infrastructure equipment, which is used in voice, data and cable communications networks. Mitec telecom has 297 employees at its facilities in Pointe Claire (Quebec), Tinton Falls (New Jersey), Copthorne (England), Wang-Noi (Thailand), and Vaxj, (Sweden).