Telular Corporation Announces $9 Million Contract; Wireless Phones Provide Residential Telephone Service.VERNON HILLS, Ill. -- Telular Corporation (Nasdaq:WRLS WRLS Winding Rivers Library System (La Crosse, WI) ) today announced a new $9 million contract with Cellpoint, a Telular distribution partner in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , for the supply of fixed wireless products. Telular and Cellpoint have previously completed contracts totaling $12 million in the region.
"We are very excited with this latest opportunity to provide more wireless deskphones to customers in Latin America, which has been one of Telular's most important and fastest growing markets," said Ken Millard, chairman and chief executive officer for Telular Corporation. "Wireless Local Loop programs continue to grow throughout Latin America as a real alternative to wireline phone service."
Telular's fixed cellular products are used throughout the world primarily for basic 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. services, often referred to as Wireless Local Loop (WLL See wireless local loop and PHS-WLL. ), as well as enterprise applications and public telephony. Landline systems in many parts of the world are often deficient, unavailable, or simply too costly to deploy. Based on Telular's patented RJ-11-to-cellular interface technology, Telular's products offer reliable, cost-effective, and immediate telephone access via existing cellular networks using familiar telephone equipment.
About Telular Corporation
Telular Corporation is a leader in the design and manufacturing of wireless products. Telular's proprietary telecommunications interface technology enables standard phones, fax machines, computer modems or monitored alarm systems to utilize available cellular wireless service for either primary or back-up telecommunications. Their product lines incorporate the world's leading cellular standards (CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. , GSM, TDMA (Time Division Multiple Access) A satellite and cellular phone technology that interleaves multiple digital signals onto a single high-speed channel. For cellular, TDMA triples the capacity of the original analog method (FDMA). , AMPS) and are marketed worldwide. Headquartered in Vernon Hills, Illinois Vernon Hills is a village in Lake County, Illinois, United States. The population was 20,120 at the 2000 census, and estimated to be 23,957 as of 2005. Vernon Hills serves as a retail hub for its surrounding area (Libertyville, Lake Forest, Mundelein, Lincolnshire). , Telular has regional sales offices in Atlanta, Miami, London, Singapore, Beijing, Mexico City and Johannesburg. For further company information, visit Telular at http://www.telular.com.
Please be advised that some of the information in this release presents the Company's intentions, beliefs, judgments and expectations of the future and are forward-looking statements. It is important to note that the Company's actual results could differ materially from these forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in the Company's SEC filings, including but not limited to the Company's 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.
See 10-K. for the fiscal year ended September 30, 2003. Copies of these filings may be obtained by contacting the Company or the SEC.