LCC International is Selected by the Saudi Telecommunication Company to Provide Consulting Services.Business Editors/High-Tech Writers MCLEAN, Va.--(BUSINESS WIRE)--March 2, 2004 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. Receives Letter of Award of a Frame Contract, Valued at SAR (Segmentation And Reassembly) The protocol that converts data to cells for transmission over an ATM network. It is the lower part of the ATM Adaption Layer (AAL), which is responsible for the entire operation. See AAL. SAR - segmentation and reassembly 102 Million (USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $27.2 Million) in Revenues for One Year to Provide Engineering Consulting Service for the Expansion of Its GSM Network LCC 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 ) an independent provider of end-to-end wireless network and infrastructure services announced today that it has been selected by the Saudi Telecommunication Company ("STC STC Supplemental Type Certificate (FAA) STC Society for Technical Communication STC Subject to Change STC Surf the Channel (website) STC Sound Transmission Class STC Singapore Turf Club ") to provide SAR 102 million (USD $27.2 million) worth of engineering consulting services for the expansion of its GSM network in Saudi Arabia over 12 months, with the possibility of renewal for an additional year at STC's discretion. "This is a tremendous opportunity for LCC and we are anxious for our teams of professionals to begin making STC's goals a reality," commented C. Thomas Faulders III, LCC's chairman and chief executive officer. "Our reputation and experience has earned us the opportunity to work on another world-class cutting edge network. We are proud to be the company selected to help STC move its network into its next stage of development and we look forward at developing fruitful cooperation with STC." Final terms and conditions of the Frame Contract are subject to completion and execution of a definitive agreement, which the parties expect to complete within the next one or two months. 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. News and additional information are available at www.lcc.com. 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, the Company's ability to secure a definitive agreement after initial notification of contract award, and those factors highlighted in LCC International, Inc.'s Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q, which could cause the Company's actual results to differ materially from forward-looking statements made by the Company. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion