P-Com, Inc. Announces OEM Agreement With NEC America, Inc.
CAMPBELL, Calif.--(BUSINESS WIRE)--May 6, 1999--P-Com, Inc. (Nasdaq/NMS:PCMS - news), a leading manufacturer of millimeterwave radios, announced today an agreement with NEC America, Inc. (NEC), Radio Communications Systems Division, to private-label high frequency, low capacity digital microwave radios in order to expand NEC's product line for use in the United States and Canada.
''We are proud to work with NEC,'' said George Roberts, chairman and CEO of P-Com, Inc. ''Their reputation is solid for building reliable equipment, and they expect the same from us. We are two companies that hold ourselves to high standards when delivering products to the customer. It makes us a great team.''
The new series consists of 18GHz, 23GHz and 38GHz bands. This new product line incorporates significant advancements in modular design and functionality featuring a new compact Indoor Unit (IDU) and Outdoor Unit (ODU) with enhanced features that include line interface, digital multiplexing, alarms and diagnostics, service channel and network management interfaces.
Additionally, the new product line features enhanced software allowing downloadable field upgrades and an optional embedded SNMP agent for advanced network management capabilities. These features and enhanced capabilities make it the ideal solution for networks operated by mobile service providers, Internet Service Providers (ISP), utilities, public telephone operators, local governments and corporate users.
P-Com has agreed to work within NEC's standards and policies for performance and quality, which includes honoring a 3-year standard warranty, and providing engineering and repair services, training, and 24 hour technical support to end users. NEC will be the primary service provider, and will be responsible for all aspects of equipment, technical assistance and product support.
NEC, an affiliate of NEC Corporation, develops, manufactures and markets a complete line of advanced communications products and software for public and private networks including digital microwave radios, satellite communications systems, network management systems, digital key telephone and PBX systems, ATM switching systems, cellular telephones, pagers, facsimile equipment, fiber optic transmission systems, and data communications products.
NEC Corporation and its affiliates worldwide are a $37 billion global leader whose 152,000 employees are dedicated to providing leading-edge computer, communications and semiconductor products and services.
P-Com, Inc. develops, manufactures and markets network access systems for the worldwide wireless telecommunications market. The point-to-point, spread spectrum, and point-to-multipoint radio links provided by P-Com are designed to satisfy the network requirements of cellular and personal communications services, corporate communications, public utilities and local governments. In addition, P-Com provides comprehensive network services including system and program planning and management, path design and installation.
Statements in this release that are forward looking involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to be materially different from any future performance that may be suggested in this release. Such factors may include, but are not limited to, reliance upon subcontractors, fluctuations in customer demand and commitments, both in timing and volume, introduction of new products, commercial acceptance and viability of new products and expenses associated therewith, cancellations of orders without penalties, pricing competition, the company's ability to have available an appropriate amount of production capacity in a timely manner, the ability of the company's customers to finance their purchases of the company's products and/or services, the timing of new technology and product introductions, the risk of early obsolescence and the pending stockholder class action lawsuits. Further, the company operates in an industry sector where securities values are highly volatile and may be influenced by economic and other factors beyond the company's control, such as announcements by competitors and service providers. Reference is made to the discussion of risk factors detailed in the company's filings with the Securities and Exchange Commission, including its reports on Form 10-K and 10-Q.
P-Com, Inc., with world headquarters in Campbell and offices in Florida, New Jersey, Virginia, the UK, Italy, France, Germany, Poland, Mexico, Dubai and China, is an ISO 9001 certified company. For additional information, contact P-Com at:
P-Com, Inc. 3175 S. Winchester Blvd . Campbell, CA 95008 USA TEL: 408/866-3666 FAX: 408/866-3655 p-com.com
------------------------------------------------------------------------
Contact:
P-Com, Campbell
Michael Sophie or Robert E. Collins, 408/866-3666 |
