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Amplidyne Receives Purchase Order Of $187,000 For Outdoor High Speed Wireless Broadband Products From a New Jersey Internet Service Provider.


Business/Technology Editors

RARITAN, N.J.--(BUSINESS WIRE)--Dec. 28, 2001

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
), a manufacturer of power amplifiers and high speed wireless internet products for fixed wireless solutions, announced today that it has received a purchase order for its outdoor products from a New Jersey 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.
.

Amplidyne has been working closely with this ISP (1) See in-system programmable.

(2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines.
, who is replacing products previously installed for its customers in parts of Pennsylvania and New Jersey. In recent months Amplidyne has supplied this ISP its outdoor 11mbps microcells and Customer Premise Equipment (CPE (Customer Premises Equipment) Communications equipment that resides on the customer's premises.

CPE - Customer Premises Equipment
) for field trials in New Jersey.

This ISP went through a rigorous screening process, and selected Amplidyne outdoor broadband products to meet its needs. The ISP intends to connect 400 customers during the first quarter of 2002 and expects to expand to 10,000 customers during the remainder of 2002 and year 2003. The complete roll out of this network over the next two years (2002 and 2003) could result in Amplidyne equipment sales of approximately $4 million.

Michael Lawrence, President and COO of Amplidyne Inc. stated, "This New Jersey ISP's approach to gain market share affirms our business plan that allows ISPs a low cost, efficient solution to solve their bandwidth needs. We expect to see growth in this segment during 2002 as a result of additional ISPs choosing our fixed wireless products for their network expansion."

For information on Amplidyne, Inc. visit:

http://www.amplidyneinc.co

http://www.ampwave.com

Certain information contained in the press release is forward-looking. Actual results might differ materially from the forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 contained in the press release. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes", "belief", "expects", "intends", "anticipates", "could" or "plans" to be uncertain and forward-looking. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are risks involved in the successful deployment of the New Jersey ISP's services and products, the successful expansion and rollout by such ISP in New Jersey and Pennsylvania, the ability of such ISP to deploy, install, sell and market its products and services and to successfully execute their business plan, Amplidyne's ability to increase revenues and reduce operating losses operating loss

The excess of operating expenses over revenue. As with operating income, operating losses exclude revenues and expenses from operations that are not considered a regular part of the business. Also called deficit. Compare operating income.
, the successful development and sale of our products, the successful distribution of our products in the marketplace, the successful expansion of business with sales made by ISP's(including the New Jersey ISP), starting new product lines, the ability to enter into strategic relationships and joint-venture partnerships, competition, managing expansion, modifications to specifications requested by customers(including the New Jersey ISP), fluctuations in purchase orders (including the New Jersey ISP's purchase order), or customers' failure to meet their forecasted usage, cancellation of purchase orders(including the New Jersey ISP's purchase order), 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 sales outside of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  (such as recessionary environments, longer collection periods, trade barriers, regulatory requirements, currency fluctuations), and other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 28, 2001
Words:559
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