Andrew Completes Acquisition of Skyware Radio Systems.WESTCHESTER, Ill. -- Andrew Corporation Andrew Corporation is an American multinational producer of communications devices. Andrew is a global designer, manufacturer, and supplier of communications equipment, services, and systems. , a global leader in communications systems In telecommunication, a communications system is a collection of individual communications networks, transmission systems, relay stations, tributary stations, and data terminal equipment (DTE) usually capable of interconnection and interoperation to form an integrated whole. and products, has successfully completed its previously-announced agreement to acquire Skyware Radio Systems GmbH of Krefeld, Germany, a producer of state-of-the-art electronic products for broadband satellite communications networks. Skyware and its approximately 40 employees--located in Krefeld, Germany, and Stockport, England--now are part of Andrew's Satellite Communications Group, which had sales of $140 million in fiscal 2005. Andrew paid approximately $9 million in cash, with additional cash consideration possible if certain financial performance goals are reached over a two-year period. The addition of Skyware's microwave interactive low noise block (iLNB) and transceiver (TRANSmitter reCEIVER) An electronic device or circuit that transmits and receives analog or digital signals. It comes in many forms; for example, a transponder on a satellite, a network adapter in the computer or the circuits in a cellphone. modules to Andrew's current 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. ) and very small aperture terminal (communications) Very Small Aperture Terminal - (VSAT) A kind of ground station used to contact a communications satellite such as INMARSAT. (VSAT (Very Small Aperture satellite Terminal) A small earth station for satellite transmission that handles up to 56 Kbits/sec of digital transmission. VSATs that handle the T1 data rate (up to 1.544 Mbits/sec) are called "TSATs. ) antenna product lines will make Andrew the first manufacturer to produce a comprehensive range of integrated outdoor unit (ODU ODU Old Dominion University ODU Ohio Dominican University ODU Outdoor Unit (wireless) ODU Optical Channel Data Unit ODU Operational Dress Uniform ODU Optical Density Unit ODU Optical Demultiplexing Unit ODU Outdoor Device Unit ) antennas for satellite broadband access See broadband and wireless broadband. . iLNBs convert and amplify radio signals, such as television remote control commands from a subscriber back to a satellite service provider. "Skyware's capabilities are a perfect match with Andrew's existing antenna products, global customer reach, and manufacturing and sourcing capabilities," said Jude Panetta, group president, Satellite Communications, Andrew Corporation. "Our new ability to add transceiver electronics to our VSAT antenna products will meet satellite broadband providers' needs for integrated systems that are easy and fast to order, install, and support. This enables us to emulate the total solution strategy successfully deployed by Andrew to Andrew To (Chinese: 陶君行) is a member of the Wong Tai Sin District Council, Hong Kong. He is also the Secretary of The Frontier. His wife, Jackie Hung, is a leader of Civil Human Rights Front and Justice and Peace Commission of the Hong Kong Catholic Diocese. serve the wireless infrastructure markets." Andrew's Satellite Communications Group provides a complete line of antennas from 43 centimeters to 11.5 meters for all enterprise, government, and consumer satellite communication applications. Andrew-designed and -built products--which cover C, Ku, K, X, and the emerging Ka band--include type approved earth station antenna hubs and gateways for broadband and broadcast, VSAT broadband antennas for consumer and enterprise customers, DBS antennas for home satellite broadcast systems, and complete installation and testing services. About Andrew Corporation 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) designs, manufactures, and delivers innovative and essential equipment and solutions for the global communications infrastructure market. The company serves operators and equipment manufacturers from facilities in 35 countries. Andrew (www.andrew.com), headquartered in Westchester, IL, is an S&P 500 company founded in 1937. Forward Looking Statements Some of the statements in this news release are forward looking statements and we caution our stockholders and others that these statements involve certain risks and uncertainties. Factors that may cause actual results to differ from expected results include fluctuations in commodity costs, the company's ability to integrate acquisitions and to realize the anticipated synergies and cost savings, the effects of competitive products and pricing, economic and political conditions that may impact customers' ability to fund purchases of our products and services, the company's ability to achieve the cost savings anticipated from cost reduction programs, fluctuations in foreign currency exchange rates, the timing of cash payments and receipts, end use demands for wireless communication services, the loss of one or more significant customers, and other business factors. Investors should also review other risks and uncertainties discussed in company documents filed with the Securities and Exchange Commission. |
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