Andrew Sells Wireless Accessories Business.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)--Jan. 27, 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) announced today that it has sold the assets of its wireless accessories business to JEMB JEMB Joint Environmental Management Board (US DoD) Realty Corporation, a real estate owner, developer, and management organization. JEMB will run the former Andrew wireless accessories business under the new name of Xentris and the new company will retain a number of the former Andrew employees. Specific financial details of the transaction were not released. 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. About JEMB Headquartered in Manhattan, New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , JEMB is an experienced real estate owner, developer and management organization. |
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