PHOENIX, April 10, 2007 (PRIME NEWSWIRE) -- Radyne Corporation (Nasdaq:RADN) announced today that its Radyne and Xicom Technology Divisions received follow-on orders for over $6.7 million for Ka-band power amplifiers and DM-240 satellite modulators to be used in DirecTV's high definition TV expansion. The orders are shipping during the first three quarters of 2007.
The Radyne and Xicom product will be installed at new facilities that will support DirecTV's expansion of its high definition TV offering to customers. All of the orders represent follow on business awarded to Radyne and Xicom as a result of their proven reliability and customer support.
Radyne's DM-240 satellite modulator was one of the first to market featuring DVB-S2 technology. This standard saves up to 30% of transponder bandwidth when compared with the standard it replaces. Radyne has the most experience with this emerging standard and offers the broadest variety of interfaces and features for DVB-S2 modulation.
These orders further reinforce Xicom Technology's reputation as the industry leader in Ka-band amplifier technology. Ka-band amplifiers represent an emerging market where customers enjoy greater bandwidth than available in competing technologies. Xicom Ka-band amplifiers lead the industry in features, reliability and market share.
"These repeat orders are acknowledgement that Radyne is winning in the marketplace through superior customer service and product support," said Myron Wagner, Radyne's CEO. "We are delighted to be a critical part of DirecTV's important effort to be a leading distributor of high definition content."
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, San Diego, California, 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 www.radn.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 additional orders for its satellite modulators, modems or amplifiers, that they have superior features or interfaces, that they are well suited for use in high definition television distribution or other systems, that they 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, 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.
RADN-PR