ATLANTA, Nov. 18, 2005 (PRIMEZONE) -- LXE Inc., a leading manufacturer of rugged wireless computers that improve the performance of supply-chain execution applications, announced today that its 2005 third quarter revenues set another quarterly revenue record compared to third quarter revenues in years past. The third quarter mark extends to 12 straight quarters LXE's run of record quarterly year-over-year revenues.
In the third quarter LXE saw continued growth in its vehicle-mount computer sales, with a 77% volume increase over vehicle-mount computer sales in the third quarter of 2004. Also contributing to the record quarter was the overall performance of LXE Americas, with third quarter revenue growth topping 16% compared with the third quarter of 2004.
Other key events in the third quarter include:
-- The winning of the Mobile Star Award(tm) for superior customer
service for the fourth consecutive year.
-- The introduction of the versatile MX7 handheld computer.
-- The introduction of a rugged, speech recognition computer -- the
HX1.
-- The "voice-enabling" of the majority of its handheld and vehicle-
mount computers.
-- The announcement of a RFID partner certification program for the
RX1 vehicle mounted RFID reader.
-- The opening of an Asia Pacific headquarters in Singapore.
"With our new MX7 handheld computer, a full suite of voice-enabled computers, and our best selling vehicle mounted computers, we believe that LXE is positioned very well for continued revenue growth in the fourth quarter and in 2006," says Jim Childress, LXE president and general manager.
About LXE Inc.
LXE Inc. improves supply chain performance by applying over 35 years' experience developing wireless products and solutions. From rugged mobile computers, advanced auto-ID technologies, and secure wireless network infrastructure, to our award-winning customer support -- LXE's easy-to-use products are as reliable as the people who install and support them.
Based in Norcross, Georgia, LXE also offers a full range of turnkey services, including radio integration, project and installation management, network design, technical support, and repair services. LXE is a wholly owned subsidiary of EMS Technologies, Inc. (Nasdaq:ELMG), and has offices worldwide. For more information, visit our Web site at http://www.lxe.com.
Forward-Looking Statements Disclaimer
Statements contained in this press release regarding the Company's expectations for its revenue results for the fourth quarter of 2005 and for 2006, and concerning the potential for various products, are forward-looking statements. Actual results could differ from those statements as a result of a wide variety of factors. Such factors include, but are not limited to:
-- economic conditions in the U.S. and abroad and their effect
on capital spending in the Company's principal markets;
-- successful completion of technological development programs by
the Company and the effects of technology that may be developed
by, and patent rights that may be held or obtained by,
competitors;
-- the ability of the Company to obtain patent licenses, with
satisfactory license rights and royalty rates, from owners of
RFID-related patents that the Company concludes are valid and
would otherwise be infringed by Company products;
-- volatility of foreign exchange rates relative to the U.S. dollar
and their effect on purchasing power by international customers,
and the cost structure of the Company's non-U.S. operations, as
well as the potential for realizing foreign exchange gains and
losses associated with non-U.S. assets or liabilities held by the
Company;
-- successful transition of products from development stages to an
efficient manufacturing environment;
-- customer response to new products and services, and general
conditions in our target markets;
-- the availability, capabilities and performance of suppliers of
basic materials, electronic components and sophisticated
subsystems on which the Company must rely in order to perform
according to contract requirements, or to introduce new products
on the desired schedule;
Additional relevant factors and risks are identified under the caption "Risk Factors" in Part I, Item I, of the annual report of LXE's parent company, EMS Technologies, Inc., Annual Report on Form 10-K/A Amendment No. 1 for the year ended December 31, 2004, filed March 31, 2005.
The LXE Inc. logo is available at: http://www.primezone.com/newsroom/prs/?pkgid=1621