SSE Telecom Inc. Fourth Quarter Orders Totaled $14.0 Million.VIENNA, Va.--(BUSINESS WIRE)--Oct. 13, 1997--SSE Telecom Inc. (NASDAQ/NMS:SSET SSET Superconducting Single-Electron Transistor SSET Source Selection Evaluation Team SSET School Self Evaluation Tracker (UK) SSET Source Selection Evaluation Test SSET Shipboard Security Engagement Tactics (US Navy) ) Monday announced that total orders for the fourth quarter of fiscal 1997 were approximately $14.0 million. This included new orders from the U.S. Army for SSE's Downsized Deployable Terminals (DDTs) and related equipment of approximately $2.8 million, the latest release under a $13.8 million contract announced in July 1997, and orders valued at approximately $2.0 million for satellite earth station equipment from MCI Communications This article is about MCI before it merged with WorldCom. For other uses, see MCI. MCI Communications was an American telecommunications company that was instrumental in legal and regulatory changes that led to the breakup of the AT&T monopoly of American telephony and Corp. (MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. ) in support of the Federal Aviation Administration Federal Aviation Administration (FAA), component of the U.S. Department of Transportation that sets standards for the air-worthiness of all civilian aircraft, inspects and licenses them, and regulates civilian and military air traffic through its air traffic control (FAA) Telecommunications Satellite (FAATSAT FAATSAT Federal Aviation Administration Telecommunications Satellite FAATSAT Field Artillery Ammunition Telecommunications Satellite ) program. Total orders for the quarter also included orders announced last month for satellite modems from three telecommunications customers valued at a total of approximately $2.0 million. SSE (1) An earlier full-screen editor in OS/2. (2) (Streaming SIMD Extensions) A series of additional instructions built into Pentium CPU chips for improved multimedia performance by performing mathematical operations on multiple sets of data at the said that it expects to announce audited financial results for fiscal 1997 within 30 days. "This continuing growth in orders reflects positively on prospects for 1998," said James Bletas, executive vice president of sales and marketing at SSE Telecom. SSE Telecom is a leading satellite earth station component and system manufacturer. To date, more than 35,000 of SSE's transceivers or modems have been installed in satellite earth stations in more than 110 countries worldwide. -0- The statements contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties, including, without limitation, demand and competition for the company's products, and other risks or uncertainties detailed in the company's Securities and Exchange Commission filings. CONTACT: SSE Telecom Inc. Daniel E. Moore, 703/442-4503 Russ D. Kinsch, 510/657-7552 www.sset.com or Neil G. Berkman Associates, 310/277-5162 |
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