Acrodyne Diacrode Transmitters First in Line for Two Las Vegas Stations Under Sinclair Strategic Agreement Rollout.BLUE BELL, Pa.--(BUSINESS WIRE)--March 9, 1999-- Units to be on display during upcoming NAB show prior to installation 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 ), announced today it has received the first of several expected orders for television transmitters from Sinclair Broadcast Group The Sinclair Broadcast Group (SBG) NASDAQ: SBGI is the operator of the largest number of local television stations in the United States with a total of 59 stations across the country in 38 primarily small and medium markets, many of which are located in the South and , Inc., under a recently negotiated Strategic Purchase Agreement. This order is for two Diacrode powered transmitters rated at 60 kW and 120 kW respectively. The order has a value of approximately $1.5 million. The total value of orders under the Strategic Agreement could eventually exceed $30 million. 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, "This order demonstrates the confidence that major commercial broadcasters are placing in our products, services and technology. Acrodyne stands ready to meet the industry's need for reliable, affordable and scalable solutions for transmission equipment and services." The equipment ordered, a 60 kW Au60D and a 120 kW Au120D are to be installed at KVWB-TV 21 and KFBT-TV 33 in Las Vegas, respectively. Before installation, a portion of the equipment will be on display at the National Association of Broadcasters Convention in Las Vegas at the Acrodyne booth No. L17454 from April 19th to 22nd. Acrodyne Industries, Inc., the operating subsidiary of Acrodyne Communications, Inc., a public company (ACRO), is an established manufacturer of television broadcast equipment. In business for 30 years, the Company has developed a leading position as a technologically advanced, high quality producer of transmitters and translators used by television stations to broadcast and retransmit Verb 1. retransmit - transmit again channel, transmit, carry, impart, conduct, convey - transmit or serve as the medium for transmission; "Sound carries well over water"; "The airwaves carry the sound"; "Many metals conduct heat" their signals. Sinclair Broadcast Group, Inc. is a diversified broadcasting company that currently owns or programs 56 television stations and 51 radio stations. Upon completion of all pending transactions, Sinclair will own or program 63 television stations in 41 separate markets and 51 radio stations in 10 separate markets. Sinclair's television group will reach approximately 25.5% of U.S. television households and includes ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. , CBS (Cell Broadcast Service) See cell broadcast. , FOX, NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. , WB and UPN affiliates. Sinclair's radio group is one of the top 10 groups in the United States. For further information, please visit our website at www.acrodyne.com. This release contains certain forward-looking statements which involve known and unknown risks, uncertainties or other factors not under the Company's control, which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or other expectations implied by these forward-looking statements. These factors include, but are not limited to, those detailed in the Company's periodic filings with the Securities and Exchange Commission. |
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