Datron Systems Announces Receipt of a $9 Million Order for a Remote Sensing Satellite Earth Station.ESCONDIDO, Calif.--(BUSINESS WIRE)--June 17, 1998--Datron Systems Incorporated (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 :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 an order of approximately $9 million for a remote sensing Deriving digital models of an area on the earth. Using special cameras from airplanes or satellites, either the sun's reflections or the earth's temperature is turned into digital maps of the area. satellite earth station for installation in Europe. The order includes a data acquisition facility for SPOT, ERS ERS, n.pr See extended rotated side-bent. and Radarsat satellites, a data processing facility and a direct ingest in·gest tr.v. in·gest·ed, in·gest·ing, in·gests 1. To take into the body by the mouth for digestion or absorption. See Synonyms at eat. 2. system for state-of-the-art archiving and retrieval of imaging data. Installation is expected to be completed by fall 1999. David A. Derby, chairman and chief executive officer of Datron Systems, commented on the order, "We are proud to have been selected to provide this remote sensing satellite earth station for use in Europe. Datron is the only organization in the world with the internal capability of supplying both the earth station antenna and image processing software necessary to meet this customer's demanding requirements. Our current backlog of remote sensing products is at an all-time high, further strengthening our position as a leading supplier of remote sensing earth station antennas and image processing systems." 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 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, 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. CONTACT: Datron Systems Inc. William L. Stephan, 760/747-3734 http://www.dtsi.com |
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