Blonder Tongue's MegaPort Sets the Pace for Broadband Data Services with the Indy Racing League at the Indianapolis 500.OLD BRIDGE, N.J. -- Blonder Tongue Laboratories, Inc. (AMEX AMEX See: American Stock Exchange :BDR BDR Border BDR Bangladesh Rifles (military forces in Bangladesh) BDR Backup Designated Router (networking) BDR Bombardier (artillery rank) BDR Backup Disaster Recovery ) today announced that the Indy Racing League The Indy Racing League, better known as IRL, is the sanctioning body of a predominantly American based open-wheel racing series. The League consists of two series, the premiere IndyCar Series (R), the nation's leading open wheel oval track Blonder Tongue's MegaPort product was chosen by the Indy Racing League (IRL 1. (jargon, chat) IRL - In real life. Generally synonymous with f2f. 2. (language, robotics) IRL - Industrial Robot Language. ) to supply broadband data generated by race officials to each of the pit crews and teams at the IndyCar Series races. Debuting at the Toyota Indy 300 event on February 29, 2004, at Homestead Miami Speedway, and most recently at the 88th running of the Indianapolis 500 on May 30, 2004, MegaPort has provided the IRL with a successful broadband data delivery platform. "The MegaPort product from Blonder Tongue is a terrific fit for IRL" said Jon Koskey, Director of Timing and Scoring for the Indy Racing League. "The product provides IRL a solution that allows installation at each track to be quick and non-disruptive to the teams while providing a reliable high-bandwidth solution for timing and scoring of race information." The MegaPort Series product line enables the IRL to effectively provide vital data, including race scoring and lap timing information to each team in near real-time during pre-race qualifications, practice sessions and race day. Based on a data-over-coax architecture, MegaPort provides IRL with a simple and effective method to deliver broadband data services over a cable infrastructure that can be easily deployed at each racetrack. It provides a stable platform to provide data to all teams ensuring a level playing field See net neutrality. is established for the best possible race outcome. Blonder Tongue President Bob Palle stated, "Speed is the idea at the Indy 500 and we are thrilled that IRL understood the high-speed data capabilities that the MegaPort Series provides." Mr. Palle continued, "By deploying MegaPort the IRL is able to provide valuable scoring and statistics to each team over a reliable coaxial cable infrastructure." About Blonder Tongue For over 50 years, Blonder Tongue Laboratories has been a leader designing, manufacturing, and supplying a comprehensive line of high-quality broadband systems equipment for the franchised and private cable television industries. Now, Blonder Tongue manufactures Voice, Video, and Data products that give operators the control to provide all of their customers' telecommunications needs. For more information regarding Blonder Tongue or its products, please visit the Company's Web site at www.blondertongue.com or contact the Company directly at (732) 679-4000. About Indy Racing League The INDY RACING LEAGUE built upon the most famous race in the world, the Indianapolis 500(R), is now in its eighth season. Its premier series, the IndyCar(R) Series, holds 16 events in 14 of America's top markets. From Miami to Chicago to Los Angeles to Detroit and everywhere in between, plus an international event in Japan, fans are drawn to the wheel-to-wheel excitement generated by 670-horsepower cars and charismatic drivers racing at thrilling speeds. "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 information set forth above includes "forward-looking" statements and accordingly, the cautionary statements contained in Blonder Tongue's Annual Report and Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2003 (See Item 1: Business and Item 7: Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial of Financial Condition and Results of Operations), and other filings with the Securities and Exchange Commission are incorporated herein by reference. The words "believe", "expect", "anticipate", "project", and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. Blonder Tongue undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Blonder Tongue's actual results may differ from the anticipated results or other expectations expressed in Blonder Tongue's "forward-looking" statements. |
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