M/A-COM, Inc. has been awarded two separate contracts by the U.S. Army for P25IP Land Mobile Radio communications systems. The U.S. Army CECOM Acquisition Center awarded M/A-COM a $2.4 million contract for Fort Sill, OK, for a UHF Project 25 Internet Protocol (IP) Trunked Land Mobile Radio system. The system will include M/A-COM’s NetworkFirst Switching Centers, Interoperability Gateway and IP consoles. M/A-COM is providing turnkey services, including system engineering, project management, installation maintenance and training. The system will provide radio frequency communications for over 2000 base support personnel. Interoperability between Ft. Sill and surrounding Public Safety first responders will be provided with the NetworkFirst Switching Center. The U.S. Military Academy at West Point, New York awarded M/A-COM a $1.2 million contract for a VHF P25IP Trunked Land Mobile Radio system. This system will include a NetworkFirst Switching Center, Interoperability Gateway and IP consoles, as well as turnkey services including system engineering, project management, installation, maintenance and training. The system is designed to provide radio frequency communications for over 1500 base support personnel.
Mahaska Communication Group Selects FONS for Deployment of Broadband Communications Network in Iowa
Fiber Optic Network Solutions (FONS) Corporation announces that Mahaska Communications Group (MCG), an Iowa based service provider, has selected FONS Pathways outside plant solutions for the implementation of a "Fiber to the World" network that will deliver state-of-the-art communications to the community of Oskaloosa, a college town in Southeast Iowa. FONS’ Fiber Distribution Hubs (FDH), part of its end-to-end Pathways connectivity solution designed to speed the deployment of Fiber-to-the-Premises (FTTP) networks, will be placed strategically within the MCG network to facilitate service connections and provide a primary convergence point for locating optical splitters in the outside plant.
WiFi Units Up 9% to Record Volume in 1Q05; Revenue Up 20%
Despite plummeting ASPs from fierce vendor competition, worldwide wireless LAN equipment revenue rose 20% to $767.6 million between 4Q04 and 1Q05, and 12.2 million units were shipped, the highest quarterly volume to date, according to Infonetics Research's quarterly market share service, Wireless LAN Equipment. Revenue is expected to rise another 2% to $779.6 million by 1Q06, and will hit $3.6 billion by 2008, as wireless LAN products continue to gain traction across most all product categories and across all geographic regions. Wireless LAN switch ports rose 44% to 112,000; revenue grew 13% to $52.2 million and is expected to jump to $699.2 million by 2008.
RFMD Reiterates First Quarter 2006 Financial Guidance at JP Morgan Technology Conference
In conjunction with the previously announced presentation by RF Micro Devices, Inc. at the 33rd Annual JP Morgan Technology Conference, the company reiterated financial guidance that it previously provided on April 26, 2005 for its fiscal 2006 first quarter ending June 30, 2005. The company currently anticipates 2006 first quarter revenue in the mid-$150 million range and expects that gross margins in the 2006 first quarter will increase sequentially. The company also currently expects quarterly GAAP net loss to be in the range of ($0.03) to ($0.04) per share and quarterly pro forma net loss to be in the range of ($0.02) to ($0.03) per share.
Ansoft Fourth Quarter Earnings Increase 49%; Full Year Earnings Increase 130%
Ansoft Corporation announces financial results for its fourth quarter of fiscal 2005 ended April 30, 2005. Revenue for the fourth quarter totaled $21.7 million, an increase of 22% compared to $17.8 million reported in the previous fiscal year's fourth quarter. On a non-GAAP basis, net income for the fourth quarter was $4.9 million, or $0.38 per diluted share, representing a 49% increase when compared to net income of $3.3 million, or $0.25 per diluted share in the previous fiscal year's fourth quarter. On a generally accepted accounting principles (GAAP) basis, net income for the fourth quarter was $4.7 million, or $0.36 per diluted share, compared to GAAP net income of $2.8 million, or $0.21 per diluted share in the previous fiscal year's fourth quarter.
ACG RFID Reader Receives MIFARE Certification from Arsenal Research
ACG Identification Technologies GmbH announces that it has received official MIFARE certification for its new HF Dual ISO RFID Read/Write Reader from the independent MIFARE certification institute Arsenal Research, located in Vienna (Austria). ACG is one of the few RFID hardware manufacturers worldwide who received the Arsenal Research certification for its MIFARE reader. This enables the company to offer a reader which has been independently verified to meet all specifications postulated by MIFARE.
Aeroflex Inc. Completes Acquisition
Aeroflex Incorporated announces that it has completed the acquisition of the Test and Measurement Division ("SPG") of UbiNetics Holdings Limited pursuant to the terms set forth in its press release dated May 20, 2005.
Teledyne Enters Agreement to Acquire Cougar Components Corporation
Teledyne Technologies Incorporated announces that a subsidiary, Teledyne Investment, Inc., has entered into an agreement to acquire Cougar Components Corporation of Sunnyvale California for $26.5 million. The transaction is expected to close on or about June 30, 2005, and is subject to customary closing conditions.