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RADN Radyne Corp (MM)

11.49
0.00 (0.00%)
29 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Radyne Corp (MM) NASDAQ:RADN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 11.49 0 00:00:00

Radyne ComStream Announces $1.3 million Satellite Modem Order

13/12/2004 1:02pm

PR Newswire (US)


Radyne Corp (MM) (NASDAQ:RADN)
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Radyne ComStream Announces $1.3 million Satellite Modem Order PHOENIX, Dec. 13 /PRNewswire-FirstCall/ -- Radyne ComStream (Nasdaq: RADN; Warrants: RADNW) today announced that it received an order for $1.3 million to supply an Asian Telecommunications Provider with its flagship satellite modem, the DMD20. The customer will use the modems in its GSM backbone. The order is for immediate delivery. "This order reflects our customer's confidence in the DMD20 to provide a versatile solution with a full range of features," said Bob Fitting, Radyne's CEO. "The DMD-20 Universal satellite modem provides more features than any other satellite modem in the industry. For example, no one else has both Intelsat and DVB standards as well as compatibility with closed network solutions." "The DMD20 has become the preferred satellite modem in the GSM arena by offering the highest level of flexibility and ease of installation to operators. These providers deliver service to a variety of circuits by using the DMD20's upgradeable software platform. The DMD20's unique capability to handle both 70 Mhz and L-Band enables this single product to be used at the GSM hubs and BTS sites resulting in lower sparing and training expense," adds Lou Dubin, VP of Sales. About Radyne ComStream Radyne ComStream designs, manufactures, sells, integrates and installs products, systems and software used for the transmission and reception of data and video over satellite, microwave and cable communication networks. The Company, through the Tiernan subsidiary, is a supplier of HDTV and SDTV encoding and transmission equipment. The Armer subsidiary provides innovative solutions for the integration and installation of turnkey communications systems. Radyne ComStream is headquartered in Phoenix, Arizona, has manufacturing facilities in Phoenix and San Diego, and sales offices in Singapore, Beijing, Jakarta and London. The Company also has sales and/or service centers in Sao Paulo, Bangalore, Shanghai and Moscow. For more information visit our web site at http://www.radn.com/. Contact: Malcolm Persen, Chief Financial Officer, 602.437.9620 DATASOURCE: Radyne ComStream CONTACT: Malcolm Persen, Chief Financial Officer of Radyne ComStream, +1-602-437-9620 Web site: http://www.radn.com/

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