Andrew Corporation Wins 2.4 Million Euros Telematics Order from MAN Nutzfahrzeuge AG.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)--June 9, 2003 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. (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 received a two-year contract, valued at 2.4 million Euros, from MAN Nutzfahrzeuge AG, one of Europe's leading commercial vehicle manufacturers, for a range of multiband bodymount antennas to enable GSM, AM/FM AM/FM Amplitude Modulation / Frequency Modulation AM/FM Auto-Mapping/Facilities Management , and GPS communications on their commercial vehicles. The Andrew multiband antennas will be on-line fitted to the MAN trucks during the manufacturing process. MAN Nutzfahrzeuge AG has production plants in Austria, Germany, Poland, Turkey and South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. . Andrew will supply MAN with a range of multiband antennas. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the contract, the order will reach a value of over 2.4 million Euros over two years. Andrew has already delivered the first consignment of antennas to MAN. "This significant new contract expands our presence in the key European fleet and heavy truck market and capitalizes on our core competency A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
The factory-fitted antennas will enable telematics for small or large vehicle fleets. Services include accurate location and movement data, detailed vehicle and driver performance data, two way text messaging and voice communications, trailer tracking and asset management, direct connection to breakdown services, and tachograph tach·o·graph n. A machine that records the measurements of a tachometer, especially one in a vehicle recording its speed and the times at which it was driven. analysis. In human terms, these services are used to enhance driver safety and protection by improving load security and tracking, including providing proof of a truck's arrival and departure. Other benefits are better fuel economy, reduced insurance premiums, better asset utilization, and accurate vehicle performance reports. All these benefits can improve a fleet's productivity and profitability. About MAN Nutzfahrzeuge AG The MAN Nutzfahrzeuge Group is the largest company in the MAN Group and one of the leading international manufacturers of commercial vehicles. In fiscal year 2002 the company with its 34,000 employees generated a sales revenue of 6.6 billion Euros with sales of some 54,000 trucks and 7,600 buses. About Andrew Corporation Andrew Corporation is a global leader in the design, manufacture and supply of communications equipment and systems. Andrew provides proven solutions for wireless, fixed-line and satellite broadband service providers and broadcasters throughout the world. Andrew is an S&P 500 company listed on the Nasdaq National Market System under the symbol: ANDW. For further information on Andrew products and services, including the text of this release, visit our website at http://www.andrew.com. |
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