LOS ANGELES, Feb. 2, 2004 (PRIMEZONE) -- MB Tech, Inc. (OTCBB:MBTT) announced today that it has recently received a purchase order for its LNB and Aluminum antenna package from 2 major Japanese 'brands'.
The first lot of 2,900 packages was shipped to Japan in December 2003. This current PO represents orders from two new brands.
The Company's Flat Antenna field test in December 2003 yielded excellent results, with signal reception and auto-tracking performing perfectly over a 2-week period in Japan.
Hanwook Bae, President of MB Tech commented, "We are now discussing design enhancements to our Flat Antenna, including increased rigidity and waterproofing of the unit. Research and development is now completed and we will begin production in February."
About MB Tech, Inc.
MB Tech is a global manufacturer and distributor of electronic components. MB Tech and its subsidiaries produce products for the DBS satellite industry and state of the art RF microwave and communications technologies with consumer and military applications.
MB Tech serves the satellite television market as a provider of hardware and bundled solutions, and is expanding to serve the satellite radio and military hardware and solutions sectors. MB Tech manufactures several proprietary solutions that differentiate it from competitors, including active and non-active auto-tracking (portable and stationary) flat antennas.
MB Tech pioneered advancements like the 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 refer to the company's website at: http://www.mbtech.co.kr
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.