Comarco Wireless continues record pace.YORBA LINDA, Calif., Aug. 1, 1995--(BUSINESS WIRE)--Comarco Inc. (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 :CMRO CMRO Current Medical Research and Opinion (journal) CMRO Concerned Motorcycle Riders of Ohio CMRO Canadian Mud Racing Organization CMRO Certified Medical Review Officer CMRO Complex Maintenance, Repair & Overhaul ) announced Tuesday that orders received by its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Comarco Wireless Technologies, Inc., were $3.8 million in the second quarter of its fiscal year 1996 which ended July 30, 1995. In last year's second quarter, bookings were $2.5 million. Year to date, Comarco Wireless' bookings total $7.2 million compared to last year's two quarter total of $3.5 million. The record quarterly bookings principally consisted of Comarco Wireless' family of Field Measurement and Revenue Assurance products. In general, Comarco Wireless' bookings are converted to sales within one quarter. "We are extremely pleased that cellular telephone companies continue to respond favorably to our products," commented Don M. Bailey, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Comarco. "Our field measurement equipment is now used by nearly every major U.S. cellular carrier and our Revenue Assurance hardware and software is being purchased by this same customer base. The company's Revenue Assurance products have booked over $1.5 million in sales this year. "Late in the quarter, we introduced the latest addition to our field measurement product line -- the GEN-II-CDPD. This product allows those cellular telephone companies using CDPD (Cellular Digital Packet Data) A low-speed, digital, wireless data network that is an enhancement to an existing analog cellular network. Based on IBM's CelluPlan II, CDPD provides a packet overlay onto the AMPS network and moves data at 19. (Cellular Digital Packet Data (communications, protocol) Cellular Digital Packet Data - (CDPD) A wireless standard providing two-way, 19.2 kbps packet data transmission over exisiting cellular telephone channels. ) to test the voice and data quality of their networks. In the second quarter we booked approximately $430,000 in orders for these units. "International business is steadily increasing, and should improve when our overseas air interface products (ETACS ETACS Extended Total Access Communications System ETACS Electronic Time and Alarm Control System ETACS Extended Total Access Communication System ETACS Electronic Total Automobile Control System and GSM) are released later this year. We are currently in the final stages of testing these new products in Italy and France. "Our wireless business continues to be the fastest-growing segment of our company," concluded Bailey. "We project that this next year will be one of great challenges and excitement, especially as we focus our attention on new products and the international wireless community." -0- Comarco Inc. (NASDAQ: CMRO) provides wireless communications products, engineering services, airport management services, software products, and technology training to the public and private sectors. CONTACT: Comarco Inc., Yorba Linda Don M. Bailey, 714/282-3813 Eva Evans, 714/282-3817 |
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