Andrew Signs US $1.7 Million Contract with Big TV.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. 3, 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) has received a R$4.6 million (US $1.7 million) contract from Big TV (part of Alusa Group) to provide Andrew Broadband HFC 1. (networking) HFC - Hybrid Fiber Coax. 2. (hardware) HFC - hydrofluorocarbon. cable for Big TV's new CATV (Community Antenna TV) The original name for cable TV. It used a single antenna at the highest location in the community in order to deliver a quality signal to homes in areas with hilly terrain or other interference. network in Sao Paulo, Brazil. The new network will give access to Cable TV and high-speed Internet See broadband. service to nine cities in Sao Paulo State: Botucatu, Jau, Ourinhos, Valinhos, Sertaozinho, Votuporanga, Fernandopolis, Itatiba and Avare. The Alusa Group already has other cable TV operations in Brazil. The Andrew Brazil manufacturing plant in Sorocaba will manufacture an initial 900 kilometers of broadband HFC cable for the first phase of the project, due for completion in July 2002. Andrew is also providing system design, cable, connectors, accessories, and installation services. It is anticipated that an additional 600 kilometers of cable will be needed for the second phase of the project, due to begin in September 2002. "In this contract, having a local manufacturer for the broadband HFC cables and connectors was essential as it simplified logistics, speeded timing, and enabled us to obtain project financing Project financing A form of asset-based financing in which a firm finances a discrete set of assets on a stand-alone basis. ," said Oswaldo Zanguettin, Big TV Technical Director. "Project financing was obtained under FINEM-BNDES loan system requirements," explained Gustavo Godoy, Director-President, Big TV. BNDES BNDES Banco Nacional de Desenvolvimento Econômico e Social (Brazilian Development Bank) BNDES Banco Nacional de Desenvolvimento Econômico e Social (Brasil) is the Brazilian National Bank for Economic and Social Development. Because the Big TV system is composed entirely of Andrew-supplied products, Andrew Brazil is also providing a 10-year warranty for Big TV's complete CATV subsystem. About Alusa Group Alusa is a Brazilian group operating in the construction market and network installation of energy transmission, telephony networks, and networks for CATV. The group also operates in the USA, where they are building a CATV network for AT&T. In the CATV market, Alusa Group has already installed an HFC network in Marilia, and has recently launched its CATV operations in Maceio and Joao Pessoa. Andrew Corporation 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 www.andrew.com. For further information on Broadband HFC coaxial cables and Andrew CATV system solutions, call us at 1-800-255-1479 and request bulletin number 10556. This bulletin is also available from the On-Line Document Center at www.andrew.com HELIAX is a registered trademark of Andrew Corporation. Note to Editors The Andrew Broadband HFC Cable family is suitable for HFC networks used as transport for broadband digital two-way services such as CATV, Internet, voice, and video. The full family of Broadband HFC products includes: trunk and distribution cables, connectors and adapters; coring tools; cable installation accessories, high-end Andrew HELIAX(R) drop cables; and ultra RF-performing plenum-rated cables for indoor applications. Andrew Broadband HFC cables are available in six popular broadband cable sizes, from HFC-500 (with a 0.500-inch outer conductor diameter) to HFC-860 (with a 0.860-inch outer conductor diameter). The new Broadband HFC cables are also compatible with non-Andrew industry-standard CATV connectors, tools, and accessories. |
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