RF Industries Ltd. receives three new orders for digital high-speed wireless transceivers.SAN DIEGO--(BUSINESS WIRE)--Dec. 20, 1995--RF Industries Ltd. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :RFIL) Wednesday announced that it has received initial orders, valued at more than $200,000, from three separate customers for its wireless digital data radio modems. ``We believe that these new applications have the potential to become significant markets for our telemetry telemetry Highly automated communications process by which data are collected from instruments located at remote or inaccessible points and transmitted to receiving equipment for measurement, monitoring, display, and recording. products,'' said Donald Catledge, general manager, RFI (Radio Frequency Interference) High-frequency electromagnetic waves that emanate from electronic devices such as chips. RFI - Radio Frequency Interference Neulink Division. The first contract, an initial order for 167 of RFI's new surface-mount VHF (Very High Frequency) The range of electromagnetic frequencies from 30 MHz to 300 MHz. transceivers, was received from Loral Defense Systems-East. Catledge noted that RFI's transceivers will be used in target systems to provide safe and effective remote wireless scoring systems for live weapons training. ``This first-phase order represents a new niche application for RF Neulink products, further enhancing our position in the wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. market,'' he said. Catledge said that the second contract, for security systems, is based on MAVRIC MAVRIC Monaco with Automated Variance Reduction Using Importance Calculations 2000 wireless network controllers and NEULINK 9600 digital data radio modems to provide a wireless security and alarm system for the U.S. Air Force. He noted that RFI will also provide ancillary equipment for this project, including transmission lines and antennas. The third contract award, received from Westminster, Colo.-based Master Tek International, will use 250 NEULINK 9600 high-speed digital modems for wireless remote utility meter A utility meter is any of the following metering devices used on utility mains:
``Including a $400,000 contract received last September for a unique global positioning satellite (GPS) application, total calendar 1995 orders for RF Neulink Telemetry products exceed $780,000, compared to calendar 1994 orders of only $225,000,'' said Catledge. Catledge noted that RFI's recently introduced NEULINK 9600 digital transceivers are more reliable and robust than competitive products and incorporate an advanced communications protocol which greatly enhances digital data radio performance. ``We are excited about the continuing strong market acceptance of our new products and believe that the wide range of potential applications for the NEULINK 9600 will position RF Industries as a strong competitor in the wireless communications marketplace,'' he said. RF Industries is a San Diego-based manufacturer and distributor of wireless data communications products and specialized RF connectors. For the fiscal year ended Oct. 31, 1994, RFI reported net income of $893,000, or 39 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , compared with $223,500, or 10 cents per share, in fiscal 1993. Fiscal 1994 sales were $3,245,100, compared with $2,042,600 in fiscal 1993. Total fiscal 1994 Neulink product sales were $218,300. CONTACT: RF Industries Ltd., San Diego Donald J. Catledge, 619/549-6340 |
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