AUGAT AWARDED ANOTHER NETWORK UPGRADE BY TIME WARNER CABLE; Cable Giant Again Tabs Augat's Communications Products Division In a Major Rebuild of Austin System.MANSFIELD, Mass.--(BUSINESS WIRE)-- Aug. 15, 1995--Augat Inc. (NYSE NYSE See: New York Stock Exchange :AUG) today announced that its Communications Products Division has been awarded purchase orders to supply RF amplifiers to the Austin Division of Time Warner Cable This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. , also known as Austin Cablevision. The system upgrade will span more than 3,600 miles of cable over the next five years and is expected to use 20,000 or more of Augat's 750 MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. SDA SDA abbr. specific dynamic action Serotonin dopamine antagonist (SDA) The newer second-generation antipsychotic drugs, also called atypical antipsychotics. amplifiers. Financial terms of the deal were not disclosed. "We are once again pleased to announce our selection by Time Warner Time Warner Inc. (NYSE: TWX), formerly known as AOL Time Warner, is the world's largest media and entertainment conglomerate headquartered in New York City, with major operations in film, television, publishing, Internet service and telecommunications. for a substantial system upgrade," said William R. Fenoglio, Augat's chief executive officer. "Certainly, this network upgrade is representative of the larger trend in the communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. : replacing existing cable infrastructures with more advanced technology such as our SDA amplifiers. For Augat, this agreement is another example of our corporate-wide emphasis on seizing opportunities within the communications arena and is a result of our continued investment in our Communications Products Division." Larry Buffington, vice-president and general manager of Augat's Communications Division, said, "We continue to strengthen our relationship with the industry leader, Time Warner Cable. Our partnership recognizes Augat's ability to supply forward-looking amplification technology to suit the fiber-rich architecture of Time Warner's cable television systems." One of the largest manufacturers of connector products in the world, Augat Inc., is pursuing a strategy for growth in communications, automotive, computer and industrial markets through customer partnerships, new-product introductions, strategic acquisitions and ongoing productivity measures. CONTACT: Ellen B. Richstone or James R. Buckley James Richard Buckley (November 18, 1870 - June 22, 1945) was a U.S. Representative from Illinois. Born in Chicago, Illinois, Buckley attended the public and parochial schools and Christian Brothers' Commercial Academy. He engaged in mercantile pursuits. Chief Financial Officer Account Specialist Augat Inc. Sharon Merrill 508/543-4300 Associates, Inc. 617/262-1800 |
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