AEL AND ROCKWELL SIGN PRODUCT DEVELOPMENT AGREEMENT
AEL AND ROCKWELL SIGN PRODUCT DEVELOPMENT AGREEMENT LANSDALE, Pa., Nov. 12 /PRNewswire/ -- AEL Industries, Inc.
(NASDAQ-NMS: AELNA) today announced that its subsidiary, AEL Defense Corp., and Rockwell International Corporation (NYSE: ROK) will work together on the joint development of Heterojunction Bipolar Transistor (HBT) circuits for the electronics industry.
These circuits are used in the production of semiconductors. Under the terms of this agreement, AEL and Rockwell will be jointly responsible for the design portion of the project. The components will be fabricated at the Rockwell facility in Newbury Park, Calif. The developed circuits will be available to the original equipment manufacturers (OEM) and military markets through AEL. Rockwell International, Inc. said it intends to market the circuits to the commercial sectors. Products developed by the project team to date include 0.5 to 2.0 GHZ successive detection log amplifiers and 2.0 to 6.0 GHZ successive detection log amplifiers. Future products include amplifiers and converter chips in the 2-18 GHZ frequency range. AEL designs and manufactures sophisticated countermeasures, simulation and radar warning systems, installs and integrates electronics and avionics equipment in military aircraft and provides state-of-the-art antenna systems, microwave and integrated circuit components. Rockwell International is a multi-industry company applying advanced technology to a wide range of products in its electronics, aerospace, automotive and graphics businesses. The Class A common stock of AEL Industries, Inc. is traded on the NASDAQ National Market System under the symbol AELNA. /delval/ -0- 11/12/92 /CONTACT: Corporate Communications office of AEL Industries, 215-822-2929/ (AELN ROK) CO: AEL Industries, Inc.; AEL Defense Corp.; Rockwell International Corporation ST: Pennsylvania, California IN: CPR SU: JVN
MK-MP -- PH024 -- 0271 11/12/92 14:31 EST
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|Date:||Nov 12, 1992|
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