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RADN Radyne Corp (MM)

11.49
0.00 (0.00%)
Pre Market
Last Updated: 00:00:00
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 Troposcatter Modems Break New Record

17/08/2006 2:15pm

PR Newswire (US)


Radyne Corp (MM) (NASDAQ:RADN)
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PHOENIX, Aug. 17 /PRNewswire-FirstCall/ -- Radyne Corporation (NASDAQ:RADN) announced today that it has reached another milestone and industry-first in troposcatter communications by successfully participating in a demonstration verifying the ability of a troposcatter system to achieve 40 Mbps "over-the-horizon" communications using its TM-20 troposcatter modems. The actual over-the-horizon test was performed as part of a series of tests conducted with a military/government organization. This new industry-first troposcatter link doubles our previous milestone of 20 Mbps and dramatically surpasses the maximum data rates of 16 Mbps being utilized today. "The ability to push 40 Mbps over the horizon is a significant achievement in troposcatter communications. These data rates will enable military and commercial customers to easily exchange broadband information and enable applications that were previously unavailable to users of troposcatter systems," said Bob Fitting, Radyne's CEO. The TM-20 represents the first significant advance in over-the-horizon technology in almost three decades. The use of modern signal processing techniques and a patented channel-directed-equalizer provides for link performance and configuration flexibility previously unheard of in Troposcatter systems. The TM-20's compact and power conserving design is ideal for mobile and flyaway installations. About Radyne Corporation Radyne Corporation designs, manufactures, sells, integrates and installs products, systems and software used for the transmission and reception of data and video over satellite, troposcatter, microwave and cable communication networks. The Company, through its Tiernan subsidiary, is a supplier of HDTV and SDTV encoding and transmission equipment. The Xicom Technology subsidiary is a producer of high power amplifiers for communications applications. Radyne is headquartered in Phoenix, Arizona, has manufacturing facilities in Phoenix, Arizona and San Diego, and Santa Clara, California and sales offices in Singapore, Beijing, Jakarta and the United Kingdom. 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/. Additional information on Xicom is available at http://www.xicomtech.com/ . Safe Harbor Paragraph for Forward-Looking Statements This press release includes statements that may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act") and Radyne claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms "may," "believes," "projects," "expects," or "anticipates," and do not reflect historical facts. Forward-looking statements involve risks, uncertainties and other factors that may cause actual results, performance or achievements of Radyne Corporation and its subsidiaries to be materially different from those expressed or implied by such forward-looking statements. Factors that could affect Radyne Corporation's results and cause them to materially differ from those contained in the forward-looking statements contained herein include, without limitation our belief that Radyne will receive orders for its troposcatter modems, that its troposcatter modems are well suited for use in military or other systems, that their performance is superior and that such performance will reliably meet customer needs and increase Radyne sales and profitability. Other factors that may affect forward-looking statements and the Company's business generally include but are not limited to: * Prospects of the international markets and global economy given that Radyne Corporation depends heavily on international sales. * A downturn in the evolving telecommunications, television broadcast and Internet industries. * Risk factors and cautionary statements made in Radyne Corporation's Annual Report on Form 10-K for the period ended December 31, 2005 and in its' Quarterly Report of Form 10-Q for the period ended June 30, 2006. * The effect that acts of international terrorism may have on Radyne Corporation's ability to ship products abroad. * Other factors that Radyne Corporation is currently unable to identify or quantify, but may exist in the future. Forward-looking statements speak only as of the date the statement was made. Radyne Corporation does not undertake and specifically declines any obligation to update any forward-looking statements. Contact: Malcolm Persen, Chief Financial Officer, 602.437.9620 DATASOURCE: Radyne Corporation CONTACT: Malcolm Persen, Chief Financial Officer of Radyne Corporation, +1-602-437-9620 Web site: http://www.radn.com/ http://www.xicomtech.com/

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