ANADIGICS Receives Production Orders From Two Korean CDMA Wireless Manufacturers; New Design Wins Reinforce CDMA Growth.Business & Technology Editors WARREN, N.J.--(BUSINESS WIRE)--Nov. 27, 2001 ANADIGICS, Inc. (Nasdaq: ANAD ANAD Anorexia Nervosa and Associated Disorders ANAD National Association of Anorexia Nervosa and Associated Disorders ANAD Anniston Army Depot ANAD Asociación Nacional de Abogados Democráticos (National Association of Democratic Lawyers, Mexico) ), a leading supplier of wireless and broadband communications solutions, today announced that the Company has received production orders for InGaP HBT HBT Heterojunction Bipolar Transistor HBT HyCult Biotechnology (Uden, The Netherlands) HBT Hanbury-Brown-Twiss (interferometer) HBT Herring Bone Twill HBT Heflex Bioengineering Test power amplifier Power amplifier The final stage in multistage amplifiers, such as audio amplifiers and radio transmitters, designed to deliver appreciable power to the load. modules from two Korean-based manufacturers. The Company's recently announced AWT (Abstract Windowing Toolkit) A class library from Sun that provides an application framework and graphical user interface (GUI) routines for Java programmers. AWT was the first user interface development system included in the Java Foundation Classes (JFC). 6109, which is designed specifically for Korean CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. systems, and the AWT6106 CDMA power amplifier have been selected for use in new wireless modem A modem and antenna that transmits and receives over the air. Wireless modems support several technologies, including 802.11, Bluetooth, CDPD, DataTAC, Mobitex and Ricochet. There are wireless modems for laptops, handhelds and cellphones. cards and wireless handsets scheduled for Korean and US market introduction in 2002. "ANADIGICS continues to penetrate new platforms with its leading family of InGaP HBT power amplifier modules, steadily growing our share in the CDMA handset market," remarked Dr. Bami Bastani, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ANADIGICS, Inc. "These design wins demonstrate the breadth of our CDMA portfolio and the wide acceptance our products are receiving from makers of cell phones and wireless PDAs." "We look forward to increased revenues from this sector in 2002 as our design and development work over the past year comes to fruition." ANADIGICS InGaP HBT technology enables handset manufacturers to produce handsets with optimal power efficiency resulting in longer talk time/standby time. Compliant with IS95/98 and 1XRTT CDMA system data standards, the Company's power amplifier modules exhibit excellent linearity, reliability, and stability over temperature making them an obvious choice for manufacturers of next-generation handsets. "Our CDMA chipsets CDMA Chipsets is hugely popular Chipsets used in 3G and 2G mobile phones manufactured by Qualcomm Inc. offer customers higher performance and better reliability over competitive solutions for CDMA 2000 and 1XRTT capable handsets," continued Dr. Bastani. "The Korean market has set the pace for advanced implementation of 1XRTT and CDMA 2000 handsets. As we enter 2002, the emerging China CDMA market presents us with additional potential growth opportunities. ANADIGICS expects to sustain its momentum in CDMA market share growth by continuing to focus on handset OEMs and ODMs in Korea and China where design activity is flourishing." For additional information, contact ANADIGICS by phone (908) 668-5000 or FAX (908) 668-5132, or visit the Company's Web site at http://www.anadigics.com. ANADIGICS, Inc. (Nasdaq: ANAD) designs and manufactures radio frequency integrated circuit (RFIC RFIC Radio Frequency Integrated Circuit RFIC Radio Frequency Interface Chip ) solutions for growing broadband and wireless communications markets. The Company's innovative high frequency RFICs enable manufacturers of communications equipment to enhance overall system performance, and reduce manufacturing cost and time to market. By utilizing state-of-the-art manufacturing processes for its RFICs, ANADIGICS achieves the high-volume and cost-effective products required by leading companies in its targeted high-growth communications markets. ANADIGICS was the first GaAs IC manufacturer to receive ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 certification. Except for historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties, including, but not limited to, order rescheduling or cancellation, changes in estimated product lives, timely product and process development, individual product pricing pressure, variation in production yield, difficulties in obtaining components and assembly services needed for production of integrated circuits, change in economic conditions of the various markets the Company and its customers serve, as well as other risks detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, including the report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2000. Actual results could differ materially from the Company's forward-looking statements. Forward-looking statements can generally be identified as such because the context of the statement will include words such as the Company "believes", "anticipates", "expects", or words of similar import. Similarly, statements that describe the Company's future plans, objectives, estimates, or goals, including the statements in this press release regarding revenue expectations, are forward-looking statements. |
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