PHOENIX, Oct. 23, 2007 (PRIME NEWSWIRE) -- Radyne Corporation (Nasdaq:RADN) announced today it received two orders of its advanced high capacity troposcatter modem, the TM-20. One of the orders also included companion amplifiers from its Xicom business unit. The orders for an international Oil and Gas firm and for a United States Government customer have a total value of approximately $800,000.
Troposcatter, or over-the-horizon communications, is the ability to transmit radio waves over the curvature of the Earth by bouncing signals off irregularities (small changes in humidity, temperature and pressure) in the troposphere approximately 10 Km above the Earth's surface. The TM-20 represents a quantum leap in troposcatter communications technology; facilitating data transfer at speeds up to 20 Mbps, nearly double that of any other over-the-horizon system available today. The modem also provides increased support for a variety of communications techniques to maximize transmission range and data integrity.
"These orders resulted from our determined pursuit of our strategy to penetrate this market," said Myron Wagner, Radyne's CEO. "We are particularly gratified that one of these orders was a result of the TM-20s superior technology compared to that of our competitors."
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 sells under four brands:
* Radyne builds satellite modems, converters and switches,
* Xicom Technology produces high power amplifiers,
* AeroAstro is a leader in microsatellite systems, components,
and advanced communications technologies,
* Tiernan supplies HDTV and SDTV encoding and transmission
equipment.
Radyne is headquartered in Phoenix, Arizona, with additional offices in Santa Clara and San Diego, California, Ashburn, Virginia and Littleton, Colorado. In addition, the Company has sales offices in Singapore, Beijing, Jakarta and the United Kingdom. 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, including AeroAstro, 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 our troposcatter technology is superior to other products on the market today or that our strategies will lead to new sales and profits.
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.
* 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