LCC International Wins Turnkey Deployment Contract From Algeria's Orascom.Business Editors/Hi-Tech Writers MCLEAN, Va. & CANNES, France--(BUSINESS WIRE)--Feb. 19, 2002 LCC (Leadless Chip Carrier, Leaded Chip Carrier) See leadless chip carrier, CLCC and PLCC. 1. LCC - Language for Conversational Computing. Written at CMU in the 1960's. International, 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 :LCCI LCCI London Chamber of Commerce LCCI Lahore Chamber of Commerce and Industry LCCI Liberal Catholic Church International LCCI Lambda Car Club International ) a global leader in wireless voice and data turn-key technical consulting services, announced today that the Company was selected by Orascom Telecom Algeria "OTA (Over The Air) Refers to any wireless system such as AM/FM radio and network television that uses open space as its transmission medium. ", the leading Egyptian mobile phone operator who won Algeria's second GSM license in July 2001, to provide turn-key deployment services for the eastern regions of its network. The contract value in the current year is in excess of (pound)4 million or $6 million and calls for LCC manage all aspects of the wireless network's implementation in the cities of Constantine, Setif and Blida. The turn-key agreement includes professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. such as overall project management, site acquisition, construction management and site construction services, equipment procurement, and materials management. "Our choice of LCC as the preferred supplier for the deployment of our network is a result of a careful process of evaluation amongst 10 companies initially invited to this tender", commented Lionel Coussi chief executive officer of OTA. "LCC's reputation and the quality work they are doing in the region along with their rich history in wireless and specifically GSM ultimately lead to their selection." Carlo Baravalle, senior vice president of LCC's Europe, Middle East and Africa region said, "OTA has a very aggressive build schedule to support the installation of their one million subscriber network scheduled to be up and running by the end of 2002. We believe that LCC is able to uniquely support OTA by implementing our proven regional model of combining experienced local personnel with our world-class program managers. We are very pleased to have the opportunity to help OTA make history as they build Algeria's first private wireless network." About LCC LCC International, Inc. is a global leader in voice and data design, deployment and management services to the wireless telecommunications industry. A pioneer in the industry since 1983, LCC has performed technical services for the largest wireless operators in North and South America, Europe, The Middle East, Africa and Asia. The Company has worked with all major access technologies and has participated in the success of some of the largest and most sophisticated wireless systems in the world. Through an integrated set of technical business consulting, training, design, deployment, operations and maintenance services, LCC is unique in its ability to provide comprehensive turnkey services to wireless operators around the world. About Orascom Telecom Algeria Orascom Telecom Algeria S.P.A. is a joint stock company of which 51% is owned by Orascom Telecom Holding Orascom Telecom or Orascom Telecom Holding S.A.E. is the first multinational Egyptian corporation, it is one of the core Orascom Group companies. Orascom Telecom is a leading international telecommunications company operating GSM networks in seven high growth markets and the remaining 49% by Arab and local investors and institutions. The license provides Orascom Telecom Algeria a two-year exclusivity period in offering GSM services along with Algeria Telecom, the incumbent state-run operator. Comparable to its Egyptian operation, MobiNiL, in terms of growth potential, the Algerian license represents a significant breakthrough for Orascom Telecom and a valuable asset to its portfolio. Statements included in this news release which are not historical in nature are forward-looking statements made pursuant to the 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. provisions of 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 including, without limitation, statements regarding increased demand for the Company's services, the Company's ability to secure new business, and those factors highlighted in LCC International, Inc.'s Annual Reports 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. and Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. , which could cause the Company's actual results to differ materially from forward-looking statements made by the Company. |
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