PHOENIX, March 19, 2008 (PRIME NEWSWIRE) -- Radyne Corporation (Nasdaq:RADN) announced today its AeroAstro business unit has received a $1.2 million order from Globalstar to purchase additional SENS (Sensor Enabled Notification System) Appliques. Globalstar will use these appliques to expand its simplex data network.
"Our AeroAstro division has been very successful at providing Globalstar with the enabling technology for their simplex data network," said Myron Wagner, CEO and President of Radyne. "We look forward to continuing to support Globalstar's expansion with highly reliable, cost effective solutions to their asset tracking and remote monitoring and alarm application needs."
The SENS Applique, an AeroAstro proprietary digital signal processing infrastructure component installed at key Globalstar ground stations, receives and decodes asset tracking and monitoring data from field transmitters via the Globalstar Low Earth Orbit satellite network. The received information is processed and distributed to users through the internet. As part of the order, AeroAstro will provide Globalstar with the applique hardware and software including asset tracking satellite downlink decoder racks and spares kits.
AeroAstro's SENS technology provides a total solution that is uniquely affordable and reliable with ubiquitous coverage over most of the globe. AeroAstro combines infrastructure and asset tag hardware, data portal and communications services, and systems engineering to deliver prices, power savings, compact size and ease of use previously unimaginable from satellite communications. To order remote tracking hardware, transmitters, or data management services, please visit AeroAstro online at www.sensservice.com.
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.
About Globalstar, Inc.
Globalstar offers satellite voice and data services to commercial and recreational users in more than 120 countries around the world. The Company's products include mobile and fixed satellite telephones, simplex and duplex satellite data modems and flexible service packages. Many land based and maritime industries benefit from Globalstar with increased productivity from remote areas beyond cellular and landline service. Global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational users. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring and SCADA applications.
For more information regarding Globalstar, please visit Globalstar's web site at www.globalstar.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 the SENS technology is highly reliable and cost effective or that the ongoing integration of Radyne and AeroAstro will lead to new sales and profits in growing markets.
Other factors that may affect forward-looking statements and the Company's business generally include but are not limited to:
* Risk factors and cautionary statements made in Radyne Corporation's Annual Report on Form 10-K for the period ended December 31, 2007. * 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