Zyfer Releases a Government-Approved White Paper on Military GPS SAASM Technology.Business Editors & High-Tech Writers ANAHEIM, Calif.--(BUSINESS WIRE)--May 15, 2002 Zyfer Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Odetics 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 :ODETA)(NASDAQ:ODETB) and leading provider of systems for network time and frequency synchronization, today announced that it has released a white paper describing the new military GPS SAASM SAASM Selective Availability Anti-Spoofing Module SAASM Selective Availability Anti-Spoofing Module (US DoD GPS system) technology for secure government communications and for control of weapons systems. "Having a government-approved white paper on the subject, open for public release, is a major milestone," said Hugo Fruehauf, Zyfer's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. . "The significance lies in the fact that this represents an urgently needed open knowledge base for users and suppliers to be able to respond to this government mandated GPS equipment deployment." The white paper is available on the company's Web site at www.zyfer.com. SAASM (Selective Availability A function in the GPS navigation system that deliberately introduced random errors for civilian GPS receivers. It was implemented to prevent enemy troops on foreign soil from using the GPS system to their advantage, while allowing friendly troops to obtain the true signals in GPS Anti-Spoof Module) is the new generation of military GPS navigation See GPS. and timing functionality, enhancing the entire GPS infrastructure, covering user equipment security, crypto key management, and operational capabilities to meet the challenges of today's tactical warfare scenarios. It also has applications in various communications networks that use GPS for synchronization. Zyfer is proud to be an approved Host Applications Equipment (HAE) developer, imbedding GPS SAASM functionalities into its time/frequency generation and synchronization systems. Zyfer's systems provide improved electronic data link security and simplify the security management process for a host of communications and command/control terminal applications. The government mandates this technology to be implemented as of October 2002. In addition, many existing communications networks and command/control terminals require a SAASM-technology upgrade. Zyfer is ready to support the U.S. Government and its allies. About Zyfer Inc. Zyfer, designs, develops, and manufactures precision time/frequency generation and synchronization systems for communications, computer networks, and military command/control terminals. The company focuses on high performance and the security aspects of the electronic data traffic over ground and satellite links, as well as computer networks. About Odetics Odetics develops products and services to address the safety, security, and management of roadways, facilities, and networks. Odetics is a market leader for video based sensors used in traffic intersection control and automotive safety, a supplier of facility access control and Environmental Security systems, and a developer of broadcast automation systems. Odetics is also a leading provider of equipment built around specific government mandates for secured communications. Odetics has unique competencies in outdoor image processing image processing Set of computational techniques for analyzing, enhancing, compressing, and reconstructing images. Its main components are importing, in which an image is captured through scanning or digital photography; analysis and manipulation of the image, accomplished , high speed security processing, precision timing and synchronization, and data management. Odetics has headquarters in Anaheim. Investors are encouraged to contact the company at 714/774-5000, or at www.odetics.com. Important Notice This news release contains statements that may be deemed to be forward-looking. These forward-looking statements may include statements about GPS SAASM technology. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors such as: incorrect assumptions regarding market demand for GPS SAASM technology, the significant uncertainty of market acceptance of new products by both distributors and end-user customers, short product lives, technological shifts and current technical issues that cannot be resolved on a timely basis, component availability, competition (including new and directly competitive products from others), pricing pressures, unanticipated capital requirements Capital requirements Financing required for the operation of a business, composed of long-term and working capital plus fixed assets. , general economic conditions, and other factors identified in the Odetics' Annual 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. and Quarterly Report on Form 10-Q Form 10-Q See 10-Q. . Investors are strongly encouraged to review the risk factors set forth in the Odetics most recent SEC filings. |
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