ATLANTA, March 17, 2006 (PRIMEZONE) -- LXE Inc., a leading manufacturer of rugged wireless computers that improve the performance of supply-chain execution applications, announced today that it set another record for fourth-quarter and full year 2005 revenues. The fourth-quarter revenue mark set another quarterly revenue record compared to fourth quarter revenues in years past, and extends to 13 straight quarters LXE's run of record quarterly year-over-year revenues. Also, the full year 2005 revenue mark represents a fifth consecutive full-year revenue record.
Driving the record results are continued significant global growth in LXE's vehicle-mount computer sales, particularly the Windows(R) CE .NET-based VX6 and VX7 rugged mobile computers. Also contributing to the record growth was a 58% increase in year-over-year sales through LXE's PartnerPass(SM) distribution program in the Americas. Other key events for LXE in 2005 included:
-- Winning 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 the HX1 rugged speech recognition computer.
-- The "voice-enabling" of the majority of LXE's handheld and
vehicle-mount computers, giving customers a much wider choice of
open-system client devices that can be used with their
voice-directed logistics applications.
-- Continued expansion in Asia, with the opening of LXE
International's Asia Pacific headquarters in Singapore and offices
in China.
"Our investments in our value-added resellers continue to pay off for both LXE and our channel partners," says Peter Fausel, LXE's senior vice president, sales and marketing. "Rapid channel growth will continue to be a priority for LXE throughout 2006."
"Growth in our vehicle-mounted computer business continues to accelerate," says Bill Roeder, LXE's senior vice president, product development. "Sales volume grew 45% in 2005 compared with strong growth of 32% in 2004. The VX6 vehicle-mounted computer is on track to be our best selling terminal of all time."
About LXE Inc.
LXE Inc. improves supply chain performance by applying over 36 years' experience developing wireless products and solutions. From rugged mobile computers, advanced auto-ID technologies, and wireless network infrastructure, to its 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 Website at www.lxe.com.
Forward-Looking Statements Disclaimer
Statements contained in this press release regarding the Company's expectations for its revenue results 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.
The LXE Inc. logo is available at: http://www.primezone.com/newsroom/prs/?pkgid=1621