Datron Systems Announces Receipt of Orders for Radio Products in Excess of $2.5 Million.ESCONDIDO, Calif.--(BUSINESS WIRE)--Nov. 11, 1998--Datron Systems Inc. (Nasdaq:DTSI DTSI Defense Trade Security Initiative DTSI Digital Twin Spark Ignition DTSI Datron/Transco Systems Incorporated DTSI DataTel Solutions, Inc. (San Antonio, Texas) ) today announced receipt of several orders for radio products totaling in excess of $2.5 million. The orders for tactical HF (high frequency) and VHF (Very High Frequency) The range of electromagnetic frequencies from 30 MHz to 300 MHz. (very high frequency) radios and for HF transceivers are from customers in Asia and Africa. Deliveries of these radio products are expected to be completed by the end of March 1999. David A. Derby, chairman, president and chief executive officer of Datron Systems, commented, "These orders come from existing customers and comprise standard radio products we have sold for a number of years. More recently, we have begun to introduce newer radio products to expand our markets. We have, however, been diligent in designing these more sophisticated and capable products to be fully compatible and interoperable with our earlier designs, thereby insuring our loyal customers a practical upgrade path consistent with their needs and resources. It is gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. to continue to receive orders such as these from long-standing customers for our proven line of HF and VHF radio VHF radio refers to several communications services in the VHF frequency range, including:
This news release may contain "forward-looking statements" as defined in 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. A variety of factors could cause the company's actual results to differ from the anticipated results expressed in such forward-looking statements. These include, among others, uncertainties stemming from the dependence of the company on foreign sales and on large orders from a relatively small number of customers, risks relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the decline in the company's traditional defense business and the company's efforts to develop and market consumer products, lack of timely development or customer acceptance of new products, worldwide economic downturns and currency devaluations, and the impact of competition. Investors are referred to the company's periodic reports under the Securities Exchange Act of 1934, including without limitation the Investment Considerations set forth in the company's Annual Report on 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. . Datron Systems provides products and services addressing the needs of emerging satellite and radio communication markets. |
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