FOR IMMEDIATE RELEASE
Micronetics Acquires Product Line From Giga-tronics
In making the announcement, Richard Kalin, President of Micronetics, stated, "The acquisition of the hand-held line of power meters from Giga-tronics signifies Micronetics' strong commitment to broaden its technical base and expand its product line in its Noise and Test Solutions Division."
Ralph Marrone, Vice President of Micronetics' Noise and Test Solutions Division, stated, "This acquisition secures rights to technology currently embedded in products of the Noise and Test Solutions Division. It significantly increases our options for future innovative improvements to these products. We also intend to develop testing solutions using this technology and the generation of broadband noise signals for next generation communication delivery platforms, such as those involving digital video and wireless broadband access markets. Utilization of broadband noise signals is rapidly emerging as one of the most significant impairments used to test certain of these new communication delivery platforms."
"This acquisition expands Micronetics' market presence and provides Micronetics with enhanced opportunities for growth. It also enables Micronetics to make products that are more cost competitive. Those interested are invited to visit our Booth Number 1217 at the Wireless Symposium in San Jose, where Micronetics is exhibiting through today."
Headquartered in Hudson, NH, Micronetics manufactures and designs innovative test equipment and test components that are used to test the strength, durability and integrity of communication signals in communications and internet infrastructure equipment. Micronetics also manufactures microwave and radio frequency (RF) components and integrated subassemblies used in a variety of commercial wireless and military products. Micronetics' products are used in or test communication and internet infrastructure equipment (including wireless base stations, repeaters, and cable modem equipment), fixed terminal point-to-point/multi-point data radios, consumer subscriber products (cellular/PCS/satellite handsets), home networking equipment and military/aerospace platforms (satellite communications, electronic warfare and electronic counter-measures). Micronetics serves a diverse customer base, including some of the world's leading technology companies, such as Adtran, Alcatel, BAE Systems, Cisco, Daimler Benz Aerospace, Datron, Ericsson, Hughes, L-3 Communications, Lucent Technologies, Motorola, NEC, Nokia, Nortel, Northrop Grumman, Raytheon, Teradyne and Tektronix.
Some of the statements contained in this news release are forward-looking statements. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks, including but not limited to the success of the products into which the Company's products are integrated, governmental action relating to wireless communications licensing and regulation, internal projections as to the demand for certain types of technological innovation, competitive products and pricing, the success of new product development efforts, the timely release for production and the delivery of products under existing contracts, future economic conditions generally, as well as other factors. The information in this release should be reviewed in conjunction with Micronetics' Annual Report for its fiscal year ended March 31, 2000.
Contact |
home | about us | contact us | investor info | more press releases | articles | careers