To: JulieNet who wrote (7769 ) 2/26/1999 9:28:00 AM From: Robert B. Respond to of 15987
This news looks interesting. Selling for a nickel, but company has 44 million share float. February 26, 1999 09:17 Antennas America Introduces New Antenna for Laptop Wireless Communications WHEAT RIDGE, Colo.--(BUSINESS WIRE)--Feb. 26, 1999--Antennas America, Inc. (OTC BB:ANTM) announced today a revolutionary new antenna product that will provide wireless access to the Internet and other critical data for laptop computers. Utilizing its experience in designing conformal antennas for companies such as Intermec Technologies (NYSE:UNA); Micron Communications (NYSE:MU) and LoJack (NASDAQ:LOJN), the Company's new F800 antenna is a powerful, yet flexible, antenna system which can be installed directly on the computer and is connected to a wireless modem inserted in the computer's PCMCIA slot. The F800 antenna has a unique technical advantage in its ability to function well when installed in unpredictable environments. In addition to the F800's high-tech form factor, the main design parameter is flexibility, creating an antenna that will function in several wireless applications or installations without requiring modification of the fundamental design of the antenna. Currently available in the cellular frequency of 800 MHz to 900 MHz, the F800 antenna can also be used, among other things, as a car phone antenna that can also be installed under the dash or rear deck of a vehicle. The Company plans on introducing "F" series antennas specifically designed for PCS and GSM for international use by mid-year. The F800 antenna was developed in response to the growing market for wireless mobile computing and wireless data retrieval that takes advantage of IP (internet protocol) based technologies such as CDPD (cellular digital packet data) that are being deployed by wireless carriers like AT&T Wireless Services (NYSE:T) and Bell Atlantic Mobile (NYSE:BEL). The use of CDPD types of technology allows for a more cost-effective wireless link than using standard dial-up cellular connections, thus increasing the appeal to businesses and individuals that previously had to pay standard cellular rates for costly circuit-switched wireless connections. "The desire to connect to the Internet from a portable or remote location is rapidly expanding the wireless data retrieval business," said Randall P. Marx, Chief Executive Officer of the Company. "Internet-compatible technology such as CDPD will some day make wireless internet connections as common as today's wireline connections." "This new antenna breakthrough is another example of the Company's strategy to leverage its technology in numerous directions by providing its line of antennas, now ranging in frequency from 50 MHz to 2.5 GHz, to all aspects of wireless communications. As an example, additional commercial target markets for the F800 antenna include mobile sales and service fleets, law enforcement, and companies that remotely monitor assets such as vending machines, copy machines, and public utility meters. On the consumer side, the product will be marketed to the laptop users who are finding their portable computers, such as 3Com's (NASDAQ:COMS) PalmPilot(TM) and Casio's Cassiopeia, shrinking in size and increasing in performance to access more and more internet capacity." The new F800 antenna will also be marketed through the Company's existing channels of consumer and commercial markets for mobile cellular users as an in-vehicle, hidden alternative to the easily broken and vandalized conventional "whip" antennas. For more information on wireless technologies, please review the following web sites: www.inet.com; www.lucent.com. Antennas America, Inc. is a diversified company using its own technology to design, develop and manufacture unique antenna solutions for the rapidly expanding wireless communications industry at its 22,600-square-foot facility leased in Wheat Ridge, Colorado. The company also provides custom antenna designs and manufacturing for Original Equipment Manufacturers (O.E.M.) and other emerging wireless communications markets. For more information about the Company and its products, please visit our web page at www.antennas.com. This is not a solicitation to buy or sell securities and does not purport to be an analysis of the Company's financial position. This Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which the forward-looking statements are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. See the Company's Annual Report on Form 10-KSB for additional statements concerning important factors, such as demand for products, manufacturing costs and competition, that could cause actual results to differ materially from the Company's expectations. CONTACT: Antennas America, Inc. Randall Marx or Richard Anderson Phone: 303/421-4063 Fax: 303-424-5085 E-mail: marx@antennas.com Web Page: www.antennas.com