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California Microwave acquisition of Microwave Networks; Registration statement declared effective.


SUNNYVALE, Calif.--(BUSINESS WIRE)--May 4, 1995--CALIFORNIA MICROWAVE, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec.
. (Nasdaq National Market: CMIC CMIC CPU Management Interface Controller
CMIC Caucasus Media Investigations Center (Baku, Azerbaijan)
CMIC Combined Military Interrogation Center (Vietnam)
CMIC Configuration Management Information Center
) announced that the SEC has declared effective, on May 3, 1995, the registration of 3,475,000 shares of the company's common stock in conjunction with the pending acquisition of Microwave Networks Incorporated, the privately held, Houston-based manufacturer of microwave radios. Shareholder meetings at both companies' headquarters have been scheduled for May 30, 1995. Subject to obtaining shareholder approval, the transaction is expected to close immediately following the shareholder meetings.

California Microwave, Inc. is a leader in satellite and 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.
. Founded in 1968, the company operates facilities in seven states and sells into more than 75 countries. California Microwave is the leading US supplier of telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications.  satellite earth stations and microwave radios used in wireless communications. Its strategy calls for significant expansion in wireless, which reached 41% of total sales in the first three quarters of California Microwave's 1995 fiscal year.

CONTACT: Microwave Networks Incorporated

Wendy Yang yang (yang) [Chinese] in Chinese philosophy, the active, positive, masculine principle that is complementary to yin; see yin, under principle. , 713/495-7123

or

California Microwave

Stephanie M. Day, 408/720-6229

or

William Dunk Partners

Deborah Passik, 214/960-9611
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 4, 1995
Words:179
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