RF Monolithics Announces Initial Production Order from Fortune 500 Company for Industrial Wireless Sensor Network.Solution Crucial for Optimizing Operations in the Industrial Marketplace DALLAS -- RF Monolithics, 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 : RFMI RFMI Request for More Information ] (RFM RFM Recency, Frequency, Monetary RFM Rotorcraft Flight Manual RFM Reform Party RFM Radio Frequency Module RFM Radio Free Monterey RFM Retirement and Financial Management RFM Reply to Flagged Message RFM Radio Frequency Monitor RFM Request for Material ) today announced that its subsidiary Cirronet, Inc. received an initial production order as part of a wireless sensor network “WSN” redirects here. For the metasyntax, see Wirth syntax notation. A wireless sensor network (WSN) is a wireless network consisting of spatially distributed autonomous devices using sensors to cooperatively monitor physical or environmental conditions, such as contract with an industrial original equipment manufacturer (OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and ). The production order combined with its associated development contract represents approximately $500K cumulatively from this OEM customer, a Fortune 500 company. The order consisting of wireless sensor see mote. nodes, routers, and base stations will permit deployment of several thousand sensor nodes in an industrial application. The overall market opportunity for this industrial application include a million or more of existing potential sensor points. David M. Kirk, President and Chief Executive Officer of RFM commented, "RFM's announcement today is tangible confirmation that the company is effectively executing a key growth strategy through its Wireless Solutions Group, and at the same time delivering crucial solutions for optimizing operations in the industrial marketplace." RFM's wireless sensor network solutions in the industrial segment help industrial operations managers not only keep tabs on assets and vital infrastructure, but also track the operational status of equipment in real-time to address potential production problems, and minimize down-time. Mr. Kirk further commented, "In addition to this production order, we are excited about other opportunities our Wireless Solutions Group is seeing for our combined hardware/software solutions. Large industrial projects like this and other opportunities provide confidence in our primary marketing focus." RFM provides off-the-shelf wireless solutions at the chip, device, and module level, as well as custom-solutions for OEM proprietary applications. These custom-solutions enable RFM's OEM customers to improve their competitiveness by integrating wireless sensor networking into their products, and to increase their speed-to-market when utilizing RFM's Wireless Solutions Group expertise for rapid wireless sensor networking design and implementation in their products. "We believe this puts us firmly among the leaders in the wireless solutions marketplace and validates our comprehensive wireless solution strategy," Kirk said. About RFM Celebrating over 27 years of providing low-power wireless solutions, RFM, headquartered in Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation). The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. , is enabling the next generation of wireless applications with a solutions-driven, technology-enabled approach to wireless connectivity. RFM provides the connections to extend the edge of the Internet to communicate with the billions of unconnected machines through a broad range of low-power wireless solutions - from comprehensive industrial wireless sensor networks to high-performance RF components. RFM was named to M2M M2M Machine-to-Machine (communication, mainly mobile) M2M Minutes to Midnight (Linkin Park album) M2M Mobile to Mobile (cellular phone) M2M Member-to-Member M2M Month to Month Magazine's "2007 M2M 100," a list of the most important and influential machine-to-machine technology providers. For more information on RF Monolithics, Inc., please visit the Company's websites at http://www.rfm.com and http://www.wirelessis.com Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : This news release contains 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. Provision 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, that involve risks and uncertainties. Statements of the plans, objectives, expectations and intentions of RFM and/or its wholly-owned subsidiaries (collectively, the "Company" or "we") involve risks and uncertainties. Statements containing terms such as "believe", "expect", "plan", "anticipate", "may" or similar terms are considered to contain uncertainty and are forward-looking statements. Such statements are based on information available to management as of the time of such statements and relate to, among other things, expectations of the business environment in which we operate, projections of future performance, perceived opportunities in the market and statements regarding our mission and vision, future financial and operating results, and benefits of our acquisitions. Such statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, including risks related to the ability to integrate acquisitions as planned, the highly competitive market in which we operate, rapid changes in technologies that may displace products and services sold by us, declining prices of products, our reliance on distributors, delays in product development efforts, uncertainty in consumer acceptance of our products, and changes in our level of revenue or profitability, as well as the other risks detailed from time to time in our SEC reports, including the 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. for the year ended August 31, 2006. We do not assume any obligation to update any information contained in this release. |
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