Andrew Corporation and Shanghai Mobile Communications Collaborate On Shanghai Indoor Wireless Project.Business Editors ORLAND PARK Or·land Park A village of northeast Illinois, a residential and manufacturing suburb of Chicago. Population: 53,300. , Ill.--(BUSINESS WIRE)--Oct. 11, 2001 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) and the Shanghai Mobile Communications Company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. are working together to create an indoor wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. system that will bring communications improvements within Shanghai's major offices and hotels. The project's first phase, due to be completed during October 2001, will create an indoor wireless communications system that will expand mobile phone users' wireless communications access. The upgraded network will improve indoor wireless coverage in some 600 hotels, shopping centers and office buildings in Shanghai in 2001. By 2003, it is anticipated that some 2,000 of Shanghai's buildings will be incorporated into the network. Shanghai Mobile Communications Company contracted 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. assist with improving their existing GSM network in Shanghai, with the goal of providing seamless coverage between outdoor and indoor signals. The backbone of the expanded citywide wireless communications network is Andrew Corporation's HELIAX(R) RN Series fire retardant fire retardant Public health A chemical used to resist combustion, which may contain polybrominated biphenyls and antimony oxide coaxial cables and connectors manufactured at the Andrew facility in Suzhou, China. In addition to product, Andrew is also providing installation, on-site support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services , and training. The Andrew Institute, the training arm of Andrew, has a custom-built training facility in Suzhou. Shanghai currently has over five million mobile phone subscribers and an average of one million roaming subscribers. With the support of the China Ministry of Information Industry, the Shanghai City Government, and the Shanghai Mobile Communications Company, the first phase of the new communications network will open in time for the Asia Pacific Economic Cooperation (APEC APEC in full Asia-Pacific Economic Cooperation Trade group established in 1989 in response to the growing interdependence of Asia-Pacific economies and the advent of regional economic blocs (such as the European Union and the North American Free Trade Area) ) Summit scheduled for October 20 to 21, 2001. It is anticipated that this summit will bring 12,000 additional visitors, from some 21 countries to Shanghai. "This project is helping Shanghai showcase its communications capabilities," said Mr. Liu Zuqiu, Country Manager, Andrew China. "As China continues its rapid growth in mobile telecommunications, Andrew China is in a strong position to assist with the creation, expansion, and upgrading of wireless systems throughout the country. We are proud of our role in improving Shanghai's wireless connections from the historic Bund to the cutting-edge, high tech Pudong Development Zone." Andrew serves its customer base from a network of manufacturing, sales and distribution facilities with a total of 73 locations in 29 countries. With facilities close to existing and potential buildout sites, Andrew can supply products faster, with lower freight costs, and can satisfy local content requirements according to country regulations. Andrew Corporation has been operating in China since 1997, when it opened its first Asian manufacturing plant in Suzhou. Since then, Andrew China has opened four sales offices in Beijing, Shanghai, Chengdu, and Guangzhou and two distribution centers in Beijing and Guangzhou. 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 visit our Web site at http//: www.andrew.com HELIAX is a registered trademark of Andrew Corporation. 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, but are not limited to 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 costs savings anticipated from cost reduction programs, fluctuations in international exchange rates, the timing of cash payments and receipts, end use demands for wireless communication services, 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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