Andrew Corporation Builds First MMDS Broadband Wireless Internet System in Lima/Callao, Peru.Business Editors/High Tech Writers ORLAND PARK Or·land Park A village of northeast Illinois, a residential and manufacturing suburb of Chicago. Population: 53,300. , Ill.--(BUSINESS WIRE)--Dec. 5, 2000 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), a billion dollar manufacturer of broadband wireless products and turnkey communications systems, announced today that it has completed construction of the first broadband wireless network in South America. The new network brings the first high-speed, wireless data and Internet connections to Lima and Callao, Peru, a 2,300 square mile region with a population of over six million people. The South American network is the first to be built by Andrew for World Wide Wireless Communications (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: WLGS), which signed a potential $50 million systems integrator agreement with Andrew in March 2000. As in most of North America and other countries around the world, businesses and individuals in South America crave high-speed access to data networks and the Internet. Unfortunately, it may take communications companies years to deploy or upgrade the wired infrastructure in these countries to support wired broadband technologies such as Digital Subscriber Lines (DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary ) or cable modems. Broadband wireless networks simply require that an antenna transmit site be built on a tall building or hill, so customers with proper customer premises equipment See CPE. can receive high-speed data transmissions from up to 35 miles away. Since the signal travels through the air on protected frequencies, there is no waiting for crews to dig up the streets to install wired infrastructure. For customers who want high-speed data/Internet connections today, signing up for broadband wireless service is the quickest solution available in the Lima and Callao areas. The best news for customers, however, is the hundreds of dollars (U.S.) per month they can save over similar, but more costly, wired connections, such as an E1 circuit. "The world is truly becoming a global marketplace, and building broadband wireless networks is the quickest and most cost-efficient method of delivering high-speed data/Internet access," said Jim Yard, vice president of the Andrew Corp.'s Broadband Wireless Systems Group. "The system we have built in Lima and Callao puts the world at their fingertips "Fingertips" is a 1963 number-one hit single recorded live by "Little" Stevie Wonder for Motown's Tamla label. Wonder's first hit single, "Fingertips" was the first live, non-studio recording to reach number-one on the Billboard Pop Singles chart in the United States. enabling them to become global players in the worldwide economy as well as provide high-speed access to important local information." "For the first time, companies and end users in Lima and Callao will be able to use high-speed wireless connections to exchange data files and other information with customers, suppliers, and business partners much more easily and efficiently," commented Douglas P. Haffer, World Wide Wireless Communications' 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. . "High-speed wireless access will enable companies to use the Internet to establish new regional and international distribution and marketing channels that were not previously available. The result will be more productive businesses and new opportunities to sell their products and services." Andrew - The Total Turnkey Network Solution Andrew provides a full suite of network planning, design and construction services; 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. sector base station antennas, customer premise equipment; and all the associated base station, Point of Presence (PoP), network operations center See NOC. Network Operations Center - (NOC) A location from which the operation of a network or internet is monitored. Additionally, this center usually serves as a clearinghouse for connectivity problems and efforts to resolve those problems. , and trunking components. Ongoing system support includes everything from overall network platform and related facilities support to troubleshooting for individual subscribers. Andrew technical staff from the Broadband Wireless Systems facility in Scottsdale, Arizona, will deliver much of the required network and system diagnostics. About Andrew Corporation Andrew Corporation is a supplier of communications products and systems to worldwide commercial, industrial, and governmental customers. Its principal products include coaxial cables, microwave antennas for point-to-point communication systems, special purpose antennas for commercial and government end use, antennas and complete earth stations for satellite communication systems, cellular antenna products, cellular telephone accessories, and related ancillary items and services. These products are frequently sold as integrated systems rather than as separate components. More information is available on the Andrew Corporation Web site at www.andrew.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained in this release, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control, delays in development and testing of products, and fluctuations in demand for the products and services of the Company. 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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