YDI Wireless and Phazar Terminate Merger.FALLS CHURCH Falls Church, independent city (1990 pop. 9,578), NE Va., a residential suburb of Washington, D.C.; inc. as a town 1875, as a city 1948. There is diverse light manufacturing, including telecommunications equipment. , Va. & MINERAL WELLS, Texas Mineral Wells is a city in Palo Pinto County, Texas and a portion of Parker County, Texas. The population was 16,946 at the 2000 census. The city is named for mineral springs in the area, which were highly popular in the early 1900s. -- YDI YDI Youth Development Initiative YDI Youth Development International Wireless, Inc. (Nasdaq:YDIW) and Phazar Corp. (Nasdaq:ANTP ANTP Asociacion Nacional de Transporte Privado (México) ) today announced that they mutually agreed to terminate their contemplated merger effective today. In connection with the termination, YDI agreed to pay Phazar $100,000 and to transfer certain equipment to it. Other than that payment and transfer, the companies released each other from all obligations arising from the contemplated merger. About YDI Wireless/Terabeam Wireless Terabeam Wireless is the business name of YDI Wireless, Inc. Terabeam Wireless is a world leader in providing extended range, license-free wireless data equipment and is a leading designer of turnkey long distance wireless systems ranging from 9600 bps to 1.44 Gbps for applications such as wireless Internet, wireless video, wireless LANs A local area network that transmits over the air typically in the 2.4 GHz or 5 GHz unlicensed frequency band. It does not require line of sight between sender and receiver. Wireless base stations (access points) are wired to an Ethernet network and transmit a radio frequency over an area , wireless WANs, wireless MANs, and wireless virtual private networks. Additional information about Terabeam Wireless as well as its complete product line can be found at the company's website located at http://www.terabeam.com or by contacting the company by telephone at 413-665-8551 or by email at IR@terabeam.com. About Phazar Corp. Phazar Corp. is a holding company with Antenna Products Corporation, Tumche Corp. (fka Phazar Aerocorp, Inc.), Phazar Antenna Corp., and Thirco, Inc. as its subsidiaries. Through its primary operating subsidiaries Antenna Products Corporation and Phazar Antenna Corp., Phazar designs, manufactures, and markets a wide range of standard and custom antennas and related products such as towers, support structures, masts, and communications accessories for governmental and commercial customers. Additional information about Phazar as well as its product line can be found at the company's websites located at http://www.phazar.com and at http://www.antennaproducts.com or by contacting the company by telephone at 940-325-3301 or by email at kindle A portable e-book device from Amazon.com that provides wireless connectivity to Amazon for e-book downloads as well as Wikipedia and search engines. Using Sprint's EV-DO cellphone network, dubbed WhisperNet, wireless access is free. It also includes a built-in dictionary. @antennaproducts.com. |
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