Andrew Wins $20 Million Contract for iPSTAR Satellite Network.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)--Aug. 1, 2002 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) received a $20 million plus contract from Shin Satellite Public Company Limited (Shin Sat) one of Asia's largest satellite operators, for a network of 18 earth station gateway systems throughout Australia, Asia, and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. . The network will be used to deploy Shin Satellite's iPSTAR Broadband Satellite System. A typical iPSTAR gateway will include an Andrew 8.1-meter Ka- band (20-30 GHz) earth station, a Ku-band broadcast earth station (with a 7.6-meter antenna), and accessories. Andrew will design, install, implement, and deploy the entire gateway RF network. Network installation will commence in mid 2003. The iPSTAR satellite is scheduled for commercial launch by the end of 2003. The iPSTAR satellite system will supply low cost, high capacity, direct-to-desktop, two-way broadband communications services across Asia, India, and Australia. Available services will include broadband Internet access Broadband Internet access, often shortened to just "broadband", is high speed Internet access—typically contrasted with dial-up access over modem. Dial-up modems are generally only capable of a maximum bitrate of 56 kbit/s (kilobits per second) and require the full use of a , mass broadband access See broadband and wireless broadband. service, Virtual Private Networking over iPSTAR, Video Conferencing See videoconferencing. (communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. , and iPSTAR's Voice Service. The iPSTAR network will service Australia, Cambodia, China, Indonesia, Japan, Korea, India, Malaysia, Myanmar, New Zealand, Taiwan, Thailand, The Philippines, and Vietnam. Shin Satellite and iPSTAR have already announced framework service agreements with many major regional service providers. "We are delighted to have been awarded this important satellite gateway contract from Shin Satellite," said Paul Cox, Group President Communication Products, Andrew Corporation. "In Asia, satellite-based Internet access will be a relatively inexpensive and reliable platform for high-speed Internet access. The iPSTAR system will play a leading role in bringing affordable broadband services to homes and businesses across the service region, and we are pleased to be part of the iPSTAR team." "Our iPSTAR network demands high efficiency, excellent technical reliability and service expertise within Asia, Australia and other areas," said Mr. Paiboon Panuwattanawong, Vice President, iPSTAR project. "Andrew has demonstrated technical excellence, corporate business strength, a comprehensive distribution presence in Asia, and the field experience necessary to implement our network. I am looking forward to their participation on our team." Following successful installation of the iPSTAR gateways, Andrew will provide 24-hour network service including technical consultation, remedial and preventive maintenance, field analysis and reporting. For further information about Andrew Earth Station Antenna Systems, call the Andrew Customer Support Center at 1-800-255-1479 or visit the Andrew website at: www.andrew.com. About Andrew Corporation Andrew Corporation is a leading global supplier of infrastructure equipment systems for wireless, fixed-line and broadband and Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. and broadcasters throughout the world. Andrew is an S&P 500 company listed on the Nasdaq National Market System under the symbol: ANDW. 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. |
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