Andrew Acquires Conifer Corporation.Business Editors ORLAND PARK, Ill.--(BUSINESS WIRE)--Dec. 20, 1999 Acquisition Adds High Speed Wireless Internet MMDS (Multichannel Multipoint Distribution Service or Microwave Multipoint Distribution Service) A digital wireless transmission system that works in the 2.2-2.4 GHz range. Customer Premise Equipment Technology To Expand Andrew Corporation's Broadband Wireless Products Line Andrew Corporation (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 :ANDW) has acquired Conifer Corporation, a privately owned company that designs and manufactures Multichannel Multipoint Distribution Service
Multichannel multipoint distribution service, also known as MMDS or Wireless Cable (MMDS) subscriber products, Wireless LAN equipment, and Direct Broadcast Satellite (DBS (Direct Broadcast Satellite) A one-way TV broadcast service from a communications satellite to a small round or oval dish antenna no larger than 20" in diameter. ) accessories. Conifer, ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 certified, is a world leader in the MMDS industry and has unique experience in the design and manufacture of low cost customer premise equipment including microwave converters, amplifiers, antennas, and filters. Conifer's market experience includes the development and design of high bandwidth RF networking equipment that supplies the exploding global wireless data networking market. Conifer has a worldwide reputation for leading the technology development of integrated MMDS microwave products that are installed at homes and businesses. "We are pleased to have Conifer join the Andrew family," said Jim Yard, Vice-President of Andrew's Broadband Wireless Systems Group. "Conifer is one of the few field-proven providers of MMDS subscriber products. By acquiring Conifer, Andrew continues to build on its core technology strengths to become a dominant player in high bandwidth terrestrial RF network and access solutions." "Our consolidation with Andrew will allow us to leverage their global presence as an integrated wireless solution provider," said John VonHarz, 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 Conifer. "This agreement will combine the strengths of Andrew with the years of work and intellectual property that Conifer has in the RF broadband wireless access business." Conifer's facility in Burlington, Iowa occupies 70,000 square feet of engineering and manufacturing space and is dedicated to the design and high volume production of active and passive microwave products. The company's employees will become Andrew personnel. Andrew Corporation is a global supplier of communications systems equipment and services. Major markets are wireless communications -- which includes cellular, personal communications services See PCS. , and land mobile radio -- broadcast, and common carrier. Andrew is an S&P 500 company whose common stock trades on The Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. (R) under the symbol: ANDW. For further information on Andrew products and services, including the text of this release, visit our Web site at http://www.andrew.com |
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