LOS ANGELES, Sept. 16, 2003 (PRIMEZONE) -- MB Tech, Inc. (OTCBB:MBTT) announced today that it has finished development of its Flat (Planer) Antenna with automatic satellite tracking system. The new Flat Antenna is portable, has the ability to search for multiple DBS satellite's and does not require an engineer or special tools to install.
The compact, portable design makes the Antenna suitable for use indoors as well as outdoors. According to Hanwook Bae, President of MB Tech, Inc. "The Company's design is up to 50% smaller, a fraction of the cost and equal in quality when compared to other current market leading products." He added, "This new proprietary Flat Antenna should produce higher margins for the Company when compared to the more competitive, lower margin LNB business."
The 14" x 14" flat antenna has a max 32 dBw gain and covers most of the area that typical 18" dishes would. MB Tech engineers used leading edge microstrip patch array design technology and special manufacturing methods to connect the antenna and the Low-Noise Blockdown Converter (LNB).
The Antenna is ideal for the yet to be tapped apartment, condominium and office building markets. The Antenna can function through glass in applications with exposure to a DBS satellite. Based on currently engineered technology, the Company will begin to develop in-motion models for buses, trains, motor homes and automobiles within this year. These products would be intended to address the satellite television and radio markets served by companies such as DirecTV, Sirius Satellite Radio (Nasdaq:SIRI) and XM Satellite Radio (Nasdaq:XMSR).
About MB Tech, Inc.
MB Tech is a global manufacturer and distributor of satellite components.
The primary product MB Tech produces is ``LNB'' Low-Noise Blockdown converters, which are the essential element enabling DBS satellites to receive and convert satellite transmission signals. MB Tech currently serves the satellite television market, and is expanding to serve the satellite radio and military hardware sectors. MB Tech manufactures several proprietary LNB solutions that differentiate it from competitors. MB Tech's product line includes a dual-horn LNB which allows multiple set-top boxes to be connected to a single satellite dish, enabling viewing of multiple channels simultaneously on different television monitors, and a tri-horn LNB, which provides the ability to download signals from multiple satellites over a single dish.
For more information and to see an animated presentation of the flat antenna, refer to the company's website at: http://www.mbtech.us.
Safe Harbor Act Disclaimer
The statements contained in this release and statements that the Company(s) may make orally in connection with this release are not historical fact and are forward-looking statements within the meaning of the private securities Litigation Reform Act of 1995. Actual results may differ materially from those forward-looking statements, as such statements involve risks and uncertainties that could significantly impact the company's business and the actual outcome and results may differ materially.