Amplidyne Announces Effectiveness of Registration Statement Relating to Publicly Traded Warrants.Business &Telecommunications Editors RARITAN, N.J.--(BUSINESS WIRE)--Jan. 21, 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: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 and AMPDW), a manufacturer of wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. amplifiers and related products, announced today that its post-effective amendment to its Registration Statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc its publicly traded warrants has been declared effective by the SEC. Devendar S. Bains the President, Chief Executive Officer and Chairman of Amplidyne, Inc. stated that &uot;We are pleased that the Registration Statement is effective. Proceeds received upon exercise of the publicly traded warrants will be used for research and development, the launch of new products, working capital and general corporate purposes.&uot; Amplidyne 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 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 equipment operates in the 2.4 GHZ license free band. Certain information contained in this press release is forward-looking. Actual results might differ materially from the forward-looking statements contained in this press release. Important factors that could cause actual results to differ materially from those indicated by such forwarding-looking statements are: fluctuations in purchase orders, cancellations of orders due to rapid technological changes or the customer's 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. , risks involved in starting new product lines, competition and other risks disclosed in the Company's Registration Statement. |
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