Amplidyne, Inc. Receives Order From European ISP.Business/Technology Editors RARITAN, NJ--(BUSINESS WIRE)--March 10, 2000 Amplidyne am·pli·dyne n. A rotating magnetic amplifier with specialized windings that allow small changes in power input to produce large changes in power output. [Originally a trademark.] , 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 :AMPD AMPD Alisveris Merkezleri ve Perakendeciler Dernegi (Turkish Council of Shopping Centers and Retailers) AMPD Adenosine Monophosphate Deaminase AMPD Average Miles Driven Per Day AMPD Atomic and Molecular Physics Division , AMPDW) is pleased to announce that its wireless division has received a multi-million dollar purchase order, for its high-speed wireless internet access See how to access the Internet. products, from a Central European Internet Service Provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. . The Company expects to ship between $6.5 and $13 million worth of merchandise, over the next twelve to eighteen months, depending on demand. From this contract, $250,000.00 will be shipped during March and April. The wireless access products operate at the 2.4GHz frequency band. Devendar S. Bains the President, Chief Executive Officer and Chairman of Amplidyne, Inc. stated " This event is an example of opportunities for Amplidyne, Inc. in the wireless internet access market. We are very confident and excited that this could be the beginning of many international as well as local business ventures". Amplidyne, Inc. designs, manufactures and sells ultra linear power amplifiers and related subsystems to the worldwide wireless telecommunications market. These single and multi-carrier linear power amplifiers, which are a key component in cellular base stations, increase the power of radio frequency and microwave signals with low distortion. The Company's products are marketed to the cellular, wireless local loop and PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. segments of the wireless telecommunications industry. The Company has also developed products to offer high-speed Internet access to residential and business clients of Internet service providers. The equipment operates in the 2.4 GHz license free band. Certain statements contained on the press release is forward-looking. Actual results might differ materially from the forward-looking statements contained on the press release. Important facts that could cause actual results to differ materially form those indicated by such forward-looking statements are risks involved in starting new product lines, competition, managing expansion, modifications to specifications requested by customer, fluctuations in purchase orders, cancellation of purchase orders, or the customers failure to meet its forecasted usage, requirements for new product development and product obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. . |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion