LOS ANGELES, Sept. 17, 2003 (PRIMEZONE) -- MB Tech, Inc. (OTCBB:MBTT) announced today that it has secured the intellectual property and patent rights related to the key driving device used in its new DBS Flat Antenna. The licensed patent applies specifically to a portable satellite antenna mechanism capable of implementing an accurate horizontal and vertical directional position to attain a satellite signal automatically.
The licensing of this intellectual property enhances MB Tech's proprietary DBS Flat Antenna and gives the Company exclusive rights to use the device on MB Tech's new products being introduced in North America.
Hanwook Bae, President of MB Tech, stated "The Company's long standing commitment to R&D and intellectual property has allowed us to create innovative advancements in the consumer and military based satellite antenna market." He added, "Our new portable flat antenna is the cornerstone of all of our latest product development in a largely untapped market. This market extends from the nascent apartment / condominium satellite subscriber market to the boating enthusiasts, RV travelers, limousines and SUV's which have a need for mobile digital television via Satellite Direct Broadcast Services."
Mr. Bae further commented, "Our technology has the ability to create new demographics of satellite subscribers throughout North America by bringing the price within reach of the mass consumer market."
About the DBS Flat Antenna
The new 14" x 14" flat antenna has a max 32 dBw gain and covers most of the area that typical 18" dishes would. MB Tech engineers used leading edge microstrip patch array design technology and special manufacturing methods to connect the antenna and the Low-Noise Blockdown Converter (LNB).
About MB Tech, Inc.
MB Tech is a global manufacturer and distributor of satellite components.
The primary product MB Tech produces is ``LNB'' Low-Noise Blockdown converters, which are the essential element enabling DBS satellites to receive and convert satellite transmission signals. MB Tech currently serves the satellite television market, and is expanding to serve the satellite radio and military hardware sectors. MB Tech manufactures several proprietary LNB solutions that differentiate it from competitors. MB Tech's product line includes a 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.us
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.