Acrodyne Communications, Inc. announces agreement with Zenith Electronics Corporation.BLUE BELL, Pa.--(BUSINESS WIRE)--July 31, 1996--Acrodyne Communications, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ACRO acro Acronym ACRO Australian Creative Resources Online ACRO Association of Clinical Research Organizations ACRO American College of Radiation Oncology ACRO Aircraft Crashes Record Office (Geneva, Switzerland) acro acrolein ), a domestic and international supplier of television transmitters for the broadcast industry, has been developing its product line of low, medium and high power VHF (Very High Frequency) The range of electromagnetic frequencies from 30 MHz to 300 MHz. and UHF (Ultra High Frequency) The range of electromagnetic frequencies from 300 MHz to 3 GHz. In the U.S., analog television has used UHF channels 52 to 69 in the 700 MHz band. transmitters for introduction as High Definition Advanced Television (HDTV (High Definition TV) A set of digital television (DTV) standards that offer the highest resolution and sharpest picture. Although some HDTV sets are available in standard (rather square) screen sizes, the overwhelming majority of sets are wide screen, which eliminates ) products poised for the approval of this new format. The new HDTV broadcast format proposed to the FCC by the "Grand Alliance" has the ability to provide theater quality television transmission and reception simultaneously with revenue generating auxiliary services. To enhance timely introduction of the Company's HDTV transmitters at the National Association of Broadcasters Show in Las Vegas in April 1997, Acrodyne has entered into a non-exclusive cooperative agreement with Zenith Electronics Corporation of Glenview, Illinois (a member of the Grand Alliance and developer of the new transmission technology) to accept their technical assistance in using a Zenith modulator in Acrodyne's transmitter product line. A. Robert Mancuso, 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 Acrodyne, stated "Using the Zenith modulator in our otherwise HDTV-ready product line allows us to meet our introduction goals ahead of schedule by melding the knowledge of the modulator experts with our own transmitter experts." Approval of the new HDTV format and standard is currently under study by the FCC with approval expected shortly. Acrodyne Industries, Inc., the operating subsidiary of Acrodyne Communications, Inc., is an established and respected manufacturer of television broadcast equipment. In business over 25 years, the Company has developed the leading position as a technologically advanced, high quality low cost producer of transmitters and translators used by television stations to broadcast and retransmit over-the-air signals. CONTACT: A. Robert Mancuso, Chairman and CEO ACRODYNE COMMUNICATIONS, INC. (215) 542-7000 or Stephen D. Axelrod, CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. Mona J. Walsh Susan T. Bolen (Media) WOLFE AXELROD ASSOCIATES (212) 370-4500; (212) 370-4505 FAX |
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