ATLANTA, Feb. 10, 2006 (PRIMEZONE) -- EMS Technologies, Inc. (Nasdaq:ELMG) announced today the pricing of 3,300,000 shares of its common stock at a price of $16.70 per share. Raymond James & Associates, Inc. is acting as lead book-running manager, Needham & Company, LLC is acting as co-lead manager and A.G. Edwards & Sons, Inc. is acting as co-manager of the offering. EMS has granted the underwriters a 30-day option to purchase up to an additional 495,000 shares to cover over-allotments, if any.
This offering is being made by means of written prospectus. Copies of the final prospectus may be obtained by contacting Raymond James & Associates, Inc., 880 Carillon Parkway, St. Petersburg, Florida 33716 (telephone: 1-800-248-8863, ext. 72400).
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. This press release does not constitute a prospectus.
About EMS Technologies, Inc.
EMS Technologies, Inc. is a leading designer, manufacturer and marketer of advanced wireless communications products for diverse commercial, defense and government markets. The Company focuses on the needs of the mobile information user and the increasing demand for wireless broadband communications. The Company has four reporting segments:
Defense & Space Systems -- highly engineered hardware components and subsystems for defense electronics and sophisticated satellite applications;
LXE -- rugged computers and wireless data networks used for logistics applications in warehouses and container ports;
SATCOM -- terminals and antennas that enable end-users in aircraft to communicate over satellite networks; and
EMS Wireless -- wireless base station antennas to the domestic PCS/cellular infrastructure market.